I follow trends and strong foundations. I’m a software engineer by trade so I know the current trends in computer tech so I know when certain things in the tech industry are “good” and when they’re not - so I’m great at getting in… not so great at getting out!
I thought NVDA was too “memed” at 450 and when it dropped at 400 I thought its bubble had burst and was going to drop more. (Cue sad trombone). Tomorrow’s earnings call for NVDA is the trigger for hyperspace or a pull back and that will affect all the tech stocks riding in the AI bubble.
Been wanting to jump on the SMCI hype train too but thought its bubble has burst too - but darn if it didn’t meet heavy resistance to selling today and rebounded.
Buy the hype sell the facts I s’pose…
But this is how the Obama bizarro economy works. When Trump was in office the market made sense…
ya ... we are a long way from there now ... in my opinion.
” current trends in computer tech “
ooo that's a sweet spot ... feel free to share any thoughts you may have on the space ...
Have you got any “gut” feeling about the WAMs(wild @$$ move) we may see tomorrow ?
I ride the Q train ... swapping back and forth ... in/out of sqqq and tqqq 3x etfs of the NDX .... SUPER AGGRESIVE ...very adrenaline based, I hedge sometimes with options if it's too hairy..... not for the faint of heart but better than a bass boat.
And by the way ... plenty of traders would loved to say they
had tuned that trade... I know I would be proud .
But now .... what's next ? ... throw us a bone here,
don't be shy .... it's just for entertainment