NVDA stock is down 13.1%. Coincidence?

Since June 19, 2024, $NVIDIA Corp(NVDA)$ stock is down 13.1%. Coincidence?

Sentiment is correlated with a stock's price.

If you want to beat the market, buy great companies when the sentiment around them is bad.

"Do as I say, not as I do." - probably Jensen Huang this morning

ImageImage

What if you already had more money than you could possibly spend and you could easily borrow against your ~$100 billion stake?

It’s just something to note. Elon sold $Tesla Motors(TSLA)$ in late 2022 as well. Probably a coincidence demand and margins dropped shortly thereafter…

https://x.com/TravisHoium/status/1805258288348422245

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet