Well QQQ has been in overbought position quite for sometime & it still has gone up pretty much, sometimes defying all the logics. It's good to be prepared for some sudden sharp pullbacks, in between the ongoing bull run,without any warnings. A small small negative news/sentiment is good enough for the market to begin its free fall Until the support level. 

Well that's how it's done!!🔥

The inevitable has happened now, the sharp pull back has been in the offing quite for sometime, now that the market is in the correction mode, expect some more corrections or pull back. NVIDIA alone erased about $300 billion much bigger than the market cap of AMD. Playing PUT on QQQ became quite an interesting event! Once it settles down, expect the bull sentiments to set in again which would eventually carry on the bull run once again till the major Crash 💥 like in 2007/2008 happens somewhere in 2026, bull run is not gonna stop that fast. US has printed Trillions of dollars during the pandemic, election is due in November 2024, Fed isn't in a hurry to cut the interest rates that soon, inflation isn't yet under control as they are trying the public to believe. Digital Assets ETF's are gett

Well it would all depend on how Nvidia's top management are able to take advantage of being the leader/first mover in the field. We have seen many seasoned big time investors believing in the similar fashion with regards to Tesla as well, to put it into writing " Tesla is not just a EV manufacturing company " That might be true in reality but so far the company- Tesla has not been able to take full advantage of being the first in the EV sector but on the contrary, it is having a tough time living upto the expectations of its early backers. Its shares have been riding wildly up & down with no visible end to it. On top of that, the tough competitions from the legacy car manufacturers having entered into the EV sectors along with other EV manufacturing companies are giving a tough time to

I am 100% in agreement with the writer here. Can NVDA still go up further from here ? Yes, it can. But Crash ? It has to crash in such a way that we should be talking about it for quite sometime in the near future. This kind of growth isn't sustainable at all. So better be on the watch out, I am gonna play PUT OPTION when that happens! 

This is the right way to go about, would agree with Cathie on this move of hers. 

Any offloading activities from the insiders must not be ignored for whatever reasons that might be. 

Legacy car manufacturers are giving a (NOT up ) touch competition.. 

As of today, Tesla's growth seems to be mostly hyped up, needs to be backed up by actual performance. Its current valuation is pretty high. Though in the short term, the overal bull sentiment will help its stock price go up albeit choppy moves, it needs to show real growth in terms of revenue & earnings for its huge fan base to keep on staying invested on Tesla or else, the sentiment can move in the other direction in a short notice. No wonder, it has always been a wild ride for its stock all the way. It would be wise to keep on booking profit whenever it gives such opportunities. Assuming $100 is the amount I am investing on it, I would use 2/3rd for this short/mid term profit booking strategy by playing along it's choppy moves & 1/3rd (not more) staying invested by buying the dip

Tesla is one of the most hyped up and overvalued Stocks in the market. I wouldn't be surprised if it tests its lows in the coming weeks/months.