NVDA
Outperforming without a clear catalyst yet
- NVDA +1.09% on the last session vs SPY +0.18%: +0.9 pts of stock-specific move.
- 89 Reddit mentions in the past 24 hours, 78% positive over the week · today's pace is 1.3× its recent daily average.
- 2 analyst actions in the past 10 days (0 positive, 0 negative); latest: Cantor Fitzgerald reiterated Overweight, target $350.
- 5 insider or congressional trades in the past 30 days, including 3 insider sales not under a 10b5-1 plan.
- Market backdrop (Wed): Core PCE Price Index m/m 0.2% vs 0.3% expected (cooler); Final GDP q/q 2.2% vs 1.5% expected (stronger); S&P futures +0.18%, 10-year yield +0bp in the 30 minutes after.
What Reddit is saying
AI failures might hit their stock but they will be around for the long haulIt's getting blown through tho, won't hold long until NVDA's positive news catch up.VWAP bounces work because most traders use and respect VWAP as support/resistance..SMA/EMA works because most traders use and respect them as support/resistance..In essence it kinda becomes a self fulfilling prophecy..No indicator matters when a company hasn't posted earnings in two months and hasn't released a news catalyst in six months, so keeping in mind which stocks or assets are "in-play" is critical..Not nearly enough people use or respect Fibonacci indicators for them to provide any more than random outcomes.If you want a precision timepiece that costs more than the GDP of a small African nation you go Swiss..We took capitalism, sprinkled it with amphetamines and degeneracy, and turned it into a $50 trillion stock market..Perhaps you're content with your nice, stable, bond backed pension fund, ticking up at 4-5% per year..List your IKEA furnitu
Top comments, summarized
- You own shares of a company with a cash printer in a basement, the CEO says let's print cash and I'll buy the shares and give you a bigger percentage every quarter, we'll keep 50-100 bill sitting there, return the rest to investors tax free.
- Wall St. says I don't believe yo,u the last time I bought memory when there was a new Windows rollout and office replacement cycle peaked I got burned.
- Discounted future value of zero, beacuase it's physically impossible to own stocks through cycles!
- When stats update, MU will have its lowing trailing PE in the last decade, probably.
- One would think a company with a lot of cash is one that investors would flee to in a global bond crisis, but today only has traditional flight to safetyish bets on software, oil and fertilizer and gold.
- People are mocking OP while simultaneously thinking we are nowhere near AGI or AI being able to significantly augment the majority of useful work.
- OP is at least right that if we don't see large scale adoption of enterprise AI, MSFT and google are going to perform poorly, and NVDA very likely will as well.
- It's maddening to see people in this sub mock AI as useless while simultaneously saying to buy MSFT and Google.
- That's with the revenue being backlogs logged as profit rather than actual products signed and delivered on top of bond yields being above 5%
- AI failures might hit their stock but they will be around for the long haul
- Lots of folks were like this with NVDA too back in 2023.
- VWAP bounces work because most traders use and respect VWAP as support/resistance.
- SMA/EMA works because most traders use and respect them as support/resistance.
- In essence it kinda becomes a self fulfilling prophecy.
- No indicator matters when a company hasn't posted earnings in two months and hasn't released a news catalyst in six months, so keeping in mind which stocks or assets are "in-play" is critical.
- Not nearly enough people use or respect Fibonacci indicators for them to provide any more than random outcomes.
- I'm an AI bull at heart but MU has stalled out and I don't know why after so many attempts at $1100.
- But meanwhile AVGO isnt getting a retrate beyond 20 to 30x forward despite AI revenue 2xing next year and again the next.
- My theory: the market doesnt know what to do with this new breed of company.
- All of these major $1t AI companies are the newest NVDAs.
- Theyre doomed to be locked into reasonable PEs because funds dont know where to put them.
- As long as these hyperscalers (AMZN, META, GOOG, and MSFT) are raking in profits from their core business, then NVDA holds the top spot.
- Back then, there were a lot of hopes and dreams that these companies could turn a profit.
- Right now, there's no hope because profits are reported.
- So, for the markets to drop, you'll need to hear META, MSFT, AMZN, and GOOG tell its investors that capex is decreasing.
- Looks like Zuck is just getting started on his version of AI.
- Trading liquid options (like NVDA, AMD, TSLA, etc) where contracts cost about $2-$4 with the intention of selling the same day allows one to make nice returns if paired with good risk (obviously).
- To go into more detail, at market open, we can see price fluctuate pretty drastically.
- Pair this with multiple contracts and its pretty clear to see the appeal for trading options.
- Additionally, because this volatile activity usually occurs in the mornings, I can finish my day after just a few trades.
- If you want a precision timepiece that costs more than the GDP of a small African nation you go Swiss.
- We took capitalism, sprinkled it with amphetamines and degeneracy, and turned it into a $50 trillion stock market.
- Perhaps you're content with your nice, stable, bond backed pension fund, ticking up at 4-5% per year.
- List your IKEA furniture on Facebook Marketplace or whatever the EU-compliant, privacy friendly equivalent you use is.
- Norway, sink that big, dirty, sovereign wealth fund into NVDA.
- Fun fact, the bonkers valuations on Anthropic and OpenAi are where most of the "profit growth" from companies like AMZN, NVDA, and GOOGL have come from over the past year.
- when dealer gamma flips and there is no dominant call or put wall nearby, price just grinds sideways because there is no structural magnet pulling it either way.
- have you tried narrowing to the symbols where GEX structure is actually clean enough to read, or are you spreading attention too wide right now?
- I used to do PayPal and smaller company plays until I realized hedge funds are so predictable if you can see where they're hedged.
- Companies that track hedging on SPY, QQQ, NVDA all have great data out there for traders.
Day by day
| Date | Close | Change | R500 | Mentions | Positive | Upvotes | Voted sentiment |
|---|---|---|---|---|---|---|---|
| Thu Oct 01 | 230.86 | +1.09% | #154 | 80 | 64 | 87 | 4.4 |
| Wed Sep 30 | 228.38 | +0.51% | #74 | 82 | 67 | 104 | 32.2 |
| Tue Sep 29 | 227.21 | -0.72% | #352 | 46 | 36 | 75 | 21.8 |
| Mon Sep 28 | 228.86 | +1.68% | #23 | 159 | 120 | 177 | 9.2 |
| Sun Sep 27 | 26 | 19 | 38 | 3.4 | |||
| Sat Sep 26 | 14 | 12 | 12 | 3.2 | |||
| Fri Sep 25 | 225.07 | +0.22% | #286 | 37 | 29 | 49 | 4.6 |
| Thu Sep 24 | 224.58 | -0.41% | #241 | 52 | 38 | 110 | 57.4 |
| Wed Sep 23 | 225.51 | -1.47% | #351 | 62 | 48 | 139 | 69.6 |
| Tue Sep 22 | 228.87 | +0.66% | #176 | 67 | 45 | 72 | -0.1 |
| Mon Sep 21 | 227.38 | +2.30% | #65 | 28 | 22 | 24 | 1.4 |
| Sun Sep 20 | 4 | 3 | 5 | 0.1 | |||
| Sat Sep 19 | 11 | 9 | 17 | 3.6 | |||
| Fri Sep 18 | 222.27 | +1.34% | #58 | 14 | 8 | 23 | -9.1 |
| Thu Sep 17 | 219.34 | +2.54% | #46 | 25 | 21 | 26 | -1.3 |
| Wed Sep 16 | 213.90 | +0.82% | #75 | 19 | 14 | 21 | 3.0 |
| Tue Sep 15 | 212.17 | +0.57% | #92 | 10 | 6 | 13 | -2.7 |
| Mon Sep 14 | 210.96 | -3.36% | #441 | 77 | 56 | 93 | -2.8 |
| Sun Sep 13 | 29 | 17 | 26 | -12.8 | |||
| Sat Sep 12 | 8 | 6 | 12 | 3.9 | |||
| Fri Sep 11 | 218.29 | -0.03% | #349 | 13 | 10 | 13 | 1.2 |
| Thu Sep 10 | 218.36 | -2.26% | #435 | 59 | 44 | 105 | -16.6 |
| Wed Sep 09 | 223.42 | -0.91% | #259 | 23 | 15 | 15 | -2.6 |
| Tue Sep 08 | 225.48 | -2.01% | #349 | 11 | 8 | 10 | 0.0 |
| Mon Sep 07 | 3 | 3 | 3 | 0.2 | |||
| Sun Sep 06 | 1 | 1 | 1 | 0.8 | |||
| Sat Sep 05 | 7 | 6 | 7 | 1.6 | |||
| Fri Sep 04 | 230.10 | +0.84% | #108 | 36 | 28 | 73 | -4.5 |
| Thu Sep 03 | 228.19 | +1.80% | #100 | 42 | 35 | 43 | 6.3 |
| Wed Sep 02 | 224.16 | +3.21% | #22 | 34 | 26 | 44 | -2.6 |