Jo Ker
2024-06-09
$NVIDIA Corp(NVDA)$  Nvidia has closed above $1200 for the options to be in the money. However, l do not share the same sentiments of continuing bullish in it's stock price. I predict it's price will come down after the stock split on Monday as the investors taking profits will outweigh the buyers. It is also a great deal to ask for the bulls to buy with confidence as CPI for month of May and Fed meeting is coming up on Wednesday. Hot job data is not even fully priced into this rally yet. There is every chance the rally we see this week will fade when inflation proves to be too sticky for any rate cuts near term along with a strong labor market. When the CEO of the company comes out to sell substantial amount of shares, it usually means the stock price has peaked for near term. It is a good signal to cash in the profits just like Tesla when the stock price is $1200.
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Comments

  • Jo Ker
    2024-06-12
    Jo Ker
    $英伟达(NVDA)$

    即使不关心宏观经济或下行风险的夏季反弹将我们带入人工智能泡沫区域。绝对是时候像昨晚一样在英伟达的这场伟大行情中获利了结了。出售我的看涨期权期权和股票后的既得空头权益。在我看来，这是一个很好的退出价格。$NVDA 20240621 122.0 PUT$

  • Emotional Investor
    2024-06-12
    Emotional Investor
    Interesting ideas Jo, im a bit more feeling like atm its the new best thing, until it isn’t. So same conclusion different road to get there.
    • Jo Ker: 
      Well bro. I am not saying it is not but at this price it is overvalued or fairly valued so any increase will not be a surge.In fact l shorted it with put options yesterday. It is obvious from the profit taking yesterday night. Anyway, the bull market is fast turning into a bubble market fueled by AI craze that have scath regards to macro economics or downside risk in reality. Most TA is pointing to a rally regardless of CPI and FED dot plan. Unless there is a drastic data like 0.5% increase in core prices or a FED hike which are both very unlikely, the market is going for a pain in the ass summer rally that brings it to a bubble region. I think l will close all positions except long calls in SEA, Palantir and Tesla and heed my JP Morgan chief analyst advice and put most of assests in three months structural deposit first. The market may go up for this summer but a very ugly crash lies ahead in my view so it is ok to miss out. Stock investing is like trading GME without a correction NOW
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