$Microsoft(MSFT)$ $NVIDIA Corp(NVDA)$ So now we see the morons selling down Mag 7/megacap techs to fund out their losses suffered by shorting TSLA on its rip? More of that Goofy story here...
Having sold out my latest trading slug last week, here's to hoping they will go fill the gap at $572.05 now, just in time to RIP back above $600 in rapid fashion. NVDA reports on Nov 20 friends -- that will light up the megacaps were I to share a "hunch."
Re MSFT and AMZN, ummn... no, i do NOT think all the little VC start-ups pose an existential threat to the megacaps; rather, I think the VC start-up portfolios all need access to mega capital support and time on the hyperscalers' NVDA Systems-based Datacenters.
btw, be sure to take in the reality of several sellside firms' f12m PTs rising above $175 now on NVDA... as noted prior, their revenue, EPS, FCF and PT estimates continue to be far too low relative to what NVDA will be delivering for the next few years..
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