My view is the basic thesis has not changed. Nvidia is seeing a valuation anxiety moment but the truth remains that it is the best AI play out there. Everybody who is anybody are lining up to buy their chips.  Let the shortimers play out. When the calm and sense returns, Nvidia will be back with a vengeance.

Well written opinion piece and worth paying heed to.  My view is last Friday's movement was a breather, not the correction, and a healthy one at that. Which means, I feel the bull run is not over yet.  But it is also always good to watch carefully and be ready to take actions. Either ways.

It is going to bleak for all growth companiesfor now. With global economies slowing down, and pressed in further by inflation and high cost of operations, without a good cash profit flow, some if these will find it increasinlycostlier to just stay in biz. Regrettably, apartfrom Tesla, I cannot think of any EV companies which have a decent profit trend. In fact,all are currently notnin the money, yet.

"However, its performance was below par, as it came in below its previous midpoint guidance of 32K vehicles. As such, investors expecting a robust report are likely disappointed after the company also underperformed in FQ4'22." Has the market already pried this present upturn a case of herd stampede?

Sadly there will be more blocks ahead. But between the three Chinese EV's, I fear NIO has a longer way to fall. Xpeng and Li Auto has already fallen a lot more whereas NIO was held up by news about their new ET5 sedan.But if you go beyond the hype, you have to worry about NIO's recent losses reported. it is worst than the other two.

This is what I have been seeing as well. The future promises and expectations are still just that. A future that has yet to be proven. Tecent developments, both within NIO and Chona, are just presentlijh too big a risk. Do note that people were very encouraged with Chines government support. But government support is waning. China itsef is showing strains i their economy.

I feel the big beneficiaries of this shocking announcement will be Nvidia, AMD, SMCI, TSMC and further on ARM and other AI chip second liners Whether this AI strategy works (highly likely if plan executed well) or not, these providers will get the upfront orders. After last 2 days of indiscriminate sell-off, it is perfect time to load up on quality chip manufacturers.  But not in Intel as they have shown that they have gone the IBM route. Lost the game completely when they were once the dominant player. And certainly not Tesla as whatever Elon Musk says, they are a car company which is also going the way of IBM. Losing out to new and more efficient players.

If this article is correct, it will indeed be a powerful position for Tesla to continue to dominate from. But again, all readings and calls have to be tempered with checks and double checks.  Still, it is true Tesla has got the largest gross margins amongst all vehicle manufacturers. That is a big advantage against anyone else challenging the market. 

Wild panic selling seen today despite generally strong actual results. The sell down has been attributed to lower than expected forecast but the link to the delay of Blackwell chip rollout gives hope it is just a temporary blip in the projections.  On days like this, take the day off and don't do any trading. DON'T PANIC.

This bullshit lawsuit can't be the real reason for the plunge. Cananyone really claim the exclusive rights to the letter S? And the number 7?But what is real is there is no reason for Nioprices to have gone up so much on Tuesday and Wednesday. and with all the news and events, likely we will be testing $15 again by next week. Sad but better to short than to long for now.