Nvidia and the market are like a rollercoaster right now. It's just relentless selling pressure where it seems like we can't sustain a rally despite analysts saying earnings will be good. There's good and bad news right now but seems like all the bad news is getting much more attention to the point where it's just sell out of fear or because everyone else is.
That and knowing that SMCI, while they dissapointed on earnings (again) did actually raise guidance is good for Nvidia?
The selling and talk of $800 and $700 stock prices in the same month earnings should be great is just odd
Nvidia Heading Down to $95 again?
byu/chrisbaseball7 inwallstreetbets
Posted by chrisbaseball7
45 Comments
You bet.
its free money if you have an ounce of skill but this is WSB after all
NVDA options are pricing a downward move
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Sold puts at the 88 strike. Hope I get assigned come September 20.
If pelosis still in …. So am I
$75
Well. I bought a single share for my great grand nephew for him to have in 40 years so…a few fluctuations don’t bother me.
When Warren Buffett makes moves… you better pay attention.
Yen carry is still being cleaned up. You get a rally, another good chance to unload stocks to cover losses. Guessing that’s why good news isn’t going to matter for maybe another week.
“what will the prices be in the future?”
i find it funny that after insanely hyping blackwell for a year, it has what seems to be 2 flaws.
and the talking heads/analysts/etc still insist that it’s great for nvda.
Yea please, I can average out my $111 shares
Reverse spilt!
If so, I’m buying more. And if you like money, so should you.
my health care uses it
As long as Powell does not give in and keeps rates high, we will be fine.
Nobody gives a fuck what ‘analysts’ says. They have no fucking clue themselves. Guess work for clicks.
I was watching $TEM, its a new IPO and it had a 50% earnings BEAT and is suffering hardaf.
markets just dont want to move
Theres no rally its just dead cat bounce
No rally will be sustained while the VIX is this high. Plain and simple.
We need a catalyst to squeeze the shit out of it and bring it back below 15.
Tomorrow’s payroll data could do that if it comes in strong. But if it comes in weak…..may god have mercy on our souls.
August monthlies also expire next week – if the big boys think the market is oversold, the rebalancing towards calls could also help things.
I honestly can’t think of any other big catalysts, until maybe NVDA earnings on the 28th.
Don’t do any calls that expire before the November election, mi raccomando!
Nvidia is kind enough to let us buy more around that price before skyrocketing to 200$. Buckle your belts
Hahah, classic dead cat bounce. Anytime the market has a rout like it did on Monday, it bounces back next day, people are relieved, buy stocks and then âboomâ, it craters again the day after. The market will continue on this downward trajectory until the Fed announces a rate cut, invest accordingly.
Need a stock buyback…
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If it drops below 83 it will be in bearish control based on technicals.
However, I do think fundamentals are point to risk off and analysts are realizing AI maybe hyped and margins are low.
Load up if it drops to 95
Shoulda bought Nintendo. The yen carry trade took yen and dumped it elsewhere. Japan itself is looking ‘kay oh dokey.
Ya I bought calls 
Log out of Robinhood and log back in ten years later
$87 tomorrow
I think it can dip to 80 if the market enters correction territory, and ideally that’s where I’d like to get in.
90-105 is a nice buy range to load up, long term play i mean
I got 25 years to retire Iâll be okay
NVIDIA is a $1 trillion stock. It is an amazing company but it is totally overvalued…
Nvidia is a $20-$30 stock, yaâll are crazy
Easy, hold until you make profit. Let’s all do it!
Man, Nvidia’s been on a wild ride lately. Itâs crazy how we canât seem to catch a break with all the selling pressure, even though analysts are saying earnings will be solid. Itâs like the bad news is getting all the spotlight, and everyoneâs just panic selling.
And yeah, SMCI mightâve disappointed on earnings again, but raising guidance should be a good sign for Nvidia, right?
The talk of $800 and $700 stock prices in the same month when earnings are expected to be great is just so bizarre. Itâs like the marketâs all over the place. Anyone else feeling this rollercoaster?
There’s no earthly way of knowing
Which direction we are going
There’s no knowing where we’re rowing
Or which way the river’s flowing
Is it raining, is it snowing?
Is a hurricane a-blowing? – uh!
Not a speck of light is showing
So the danger must be growing
Are the fires of Hell a-glowing?
Is the grisly reaper mowing?
Yes! The danger must be growing
For the rowers keep on rowing
And they’re certainly not showing
Any signs that they are slowing!
A-aa-aaa-aaaah!
I believe NVDA will at least go to 92 again. This spike low from Monday needs to get tested again. We could go lower.
A couple of weeks ago there was a spike down to 106, then straight back up….but we went back there again. This is just the same. Everything is in a big downtrend.
Look jabroni, it’s headed to 90
I’d sell. More pain is coming.
NVIDIA earnings are 28/8. Iâve got a feeling itâs gonna be a good report and this might save the markets from getting obliterated
Im buyin some at 95 and then gon avg down if it keeps droppin, its a long term hold for me
Prepare for lower than that mate! đ