Professional investor 20+ years.
Wall Street
Joined January 2011
- Tweets27.1K
- Following862
- Followers3K
- Likes2.6K
I didn't think the market would be stupid enough to sell $NVDA down to a ~12X Fwd P/E.
At these levels, it's a gift.
Stock Viking, Ph.D. retweeted
Big bounce coming soon for AI stocks imo
This is worst than the saas selloff earlier this year
Fear gets overblown to the downside just like euphoria gets stocks over green to the upside
Stock Viking, Ph.D. retweeted
You have to be mentally handicapped to wake up with the Nasdaq 100 trading at its lowest fwd P/E ratio in years and feel compelled to sell your tech stocks, while we continue going through the biggest, most profitable tech revolution in human history
Stock Viking, Ph.D. retweeted
I can’t shake the feeling that selling your high-beta tech stocks already down 40-70%, to buy low/no growth consumer names at 30-100x earnings…might not be so smart, either.
$NVDA under $200? Free money. People are going to take it.
Nvidia is reporting earnings in 8 trading days. No one knows what the stock will do, but let's just say, if this time $NVDA popped +20% higher after earnings, it would not surprise me.
Depends on the forward estimates you use, but $NVDA forward P/E is actually closer to ~11x.
I remember when $AAPL's P/E traded that low when Steve Jobs was CEO. Their stock was asymmetrically undervalued and no one realized it, not even me. The stock went up ~1000% over the next 10 years. I'm not making that mistake again.
Stock Viking, Ph.D. retweeted
Nothing has changed about Nvidia's fundamentals. Their business is as strong as ever, even with Democrats in power. The narrative that the USA will now slow down AI development is absurd. On the contrary, it's going to accelerate with physical AI. This will be obvious in a year or two. Of course, by the time it's obvious, $NVDA will already be at $350.
The market is selling off because of FUD, not fundamentals.
Panic selling is an opportunity to buy. Maybe not immediately like the next day or the next week, but a year out, it will be VERY obvious how good of an opportunity this was.
The hardest part of investing is buying on days like today when everyone is jumping out of windows and getting slaughtered. $NVDA
$NVDA is down 5 straight weeks now. Worst such streak since those October 2022 lows.
RSI lowest in 7.5 years.
Candlestick almost entirely outside lower Bollinger Bands.
Is now down 26% from the ATH's set just 22 trading days ago.
Tons of forced liquidations today. You won't hear about it because of Survivorship Bias, but a lot of people got wiped out today. And they're not coming back.
Great time to buy, if you're sitting on cash. This is exactly the type of day that patient investors wait years for in order to deploy cash.
$NVDA $SPY $QQQ
Shorts are making a killing with $MU. They're targeting the $730 support level. If it gets there, I'm buying more.
Stock Viking, Ph.D. retweeted
“Everybody’s profiting.” -President Trump
Except the people who bought his coins...
Trump family crypto earnings: $1.4 billion
$TRUMP meme coin: -98.4%
$MELANIA meme coin: -99.5%
Perhaps the most blatant example of corruption in the history of American politics.
The same people selling at these levels will be chasing these stocks +30% higher and praying for a 5% pullback a year from now.
Long $MU. It's not for the faint of heart though.
Like I've been saying, once Trump finishes his presidency, $DJT is worthless.
Shares of $DJT plunged 25% today, closing at an all-time low $4.49, down 95% from its 2022 high. Investor are likely afraid Congress will put a stop to Trump's using this company to sell market-moving insider information so high-frequency traders can front run retail investors.
Stock Viking, Ph.D. retweeted
Okay, this is funny. You don't hear a peep from any Democrat about Election fraud do you? $TSLA
