QQQ - Price When Posted - $436
QQQ - All Time High - $439
Please ping me if you want to be added to the list, but…
NOTE: For discussion purposes only. I am not any sort of financial or investment professional, and I take no responsibility for any actions taken by you, nor does FreeRepublic.com.
QQQ skyrockets on NVDA earnings news
NIVIDA, along with the other top 7) are carrying the entire NDX. I can’t but feel this is a bubble that is going to burst at some point. But, I don’t feel like today is that day. LOL!
Given the disaster with Google’s Gemini project that was going viral yesterday, AI may yet suffer a setback causing stocks such as NIVIDA to settle back down to more reasonable stock prices. BTW, Pelosi has made millions in options over the past three months.
Riding the Q train can be fun if you have nerves of steel!
QQQ - Price When Posted - $436
QQQ - All Time High - $439
SQQQ is at 11.20. On the premise of “what goes up must go down”, I’m thinking of jumping into the SQ to take advantage when the high brought on by NVDIA’s earnings report fades away and the NDX falls back to around the 17000 range.
after testing the waters with AMD beginning a couple of years ago, more recently i migrated into NVDA (with some SMCI). All buy and hold strategy.
this seems to work ok in a bull type market. I’ve probably made > $400k in the last month alone. I could have made more if i had not briefly lost my nerve in the last few days leading up to the NVDA quarterly report.
but what to do in a down market? i’m trying to learn about options and futures for use in down markets (any tips on how to start welcome). book recommendation? i have options trading for dummies on the top of my reading list right now.
on NVDA and SMCI, I am setting stop loss limits in place at 90%. I’ve seen fluctuations of up to 10% and beyond. What are good stop loss limits for these? should i use something besides stop losses as safeguards? different values/percentages?
I’ve got entirely separate pigeonholes for fighting inflation (traditional external managed account) and wealth preservation (gold and silver coins). I don’t mix the three categories.
“Nancy Pelosi’s Massive Stock Trade Paycheck Raises Concerns”
When an investment thread was first mentioned,I assumed it was going to be general sharing of investment ideas and strategies .These threads however have taken on the look of a pump and dump plan.