πππThe Magnificent 7 were not so magnificent today as the US markets fell after disappointing results from Tesla and Google. The Nasdaq 100 Index fell almost 3.5%, making it the worst day for the index since December 2022 when it fell 3.2%.
However I believe that this presents an unprecedented opportunity for Bargain Hunting of the Magnificent 7. Fundamentally nothing has changed for the Magnificent 7. They are leaders in what they do and profitable too.
So I went and bought Nvidia at USD 115.00 which is a great price compared to USD 140 which it reached not so long ago.
My strategy is simple - Just buy and hold great companies like Nvidia and reap the magic of compounding in the long term.
@TigerEvents @TigerStars @Tiger_comments
Comments
If it breaks above $115.73, itβll be a strong signal that the bottom is set and a trend reversal could be on the horizon.
Bought 10 shares at $109. Now stock is back up to 114 ! Great buying opportunity
nvda back at the 50-day ma, the weak hands capitulated. Maybe not as much technical damage as first thought.
This stock is not for people over 60, too much heart attack risk with the volatility!
why everything shows bullish trend for NVDA. hard not to follow.