Sit tight and buckle up towards NVIDIA's earnings in late Aug. The stock went from an slightly overbought state to an oversold state within a single monthin July. However, stats and data do tell a story! Look at the P&L for the year of 2024, my portfolio I would say is 60% semicon, 20% e-commerce and retail and the rest are ETFs.
Do not trade with emotions, understand the fundamentals of the companies you have vested interest.Also do not read too much into some of the "Shorters" of the stock that you have clear knowledge and confidence in.
Based on the stats and competitors results, NVIDIA is slated for amother record breaking results. It's probably going to be a volatile period as we head towards earnings as key financial figures are to be announced. p/s: Do not trade with emotions!
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