No Profanity *** No Flaming *** No Advertising *** No Anti Trappers ***NO POLITICS
No Non-Target Catches *** No Links to Anti-trapping Sites *** No Avoiding Profanity Filter


Home~Trap Talk~ADC Forum~Trap Shed~Wilderness Trapping~International Trappers~Fur Handling

Auction Forum~Trapper Tips~Links~Gallery~Basic Sets~Convention Calendar~Chat~ Trap Collecting Forum ~ Live Chat

Trapper's Humor~Strictly Trapping~Fur Buyers Directory~Mugshots~Fur Sale Directory~Wildcrafting~The Pen and Quill

Trapper's Tales~Words From The Past~Legends~Archives~Kids Forum~Lure Formulators Forum~ Fermenter's Forum


~~~ Dobbins' Products Catalog ~~~


Minnesota Trapline Products
Please support our sponsor for the Trappers Talk Page - Minnesota Trapline Products


Joe Goodman Prints
Please support Joe Goodman because he supports us with donations

Print Thread
Hop To
Page 1 of 3 1 2 3
Nvidia accounts for 35% of the current stock rally #8157425
06/19/24 10:45 AM
06/19/24 10:45 AM
Joined: Dec 2015
se South Dakota
NonPCfed Offline OP
trapper
NonPCfed  Offline OP
trapper

Joined: Dec 2015
se South Dakota
I like listening to "J. Bravo". He's a spas but has a lot of good points. He's a momentum trader that follows the charts through various techniques. He claims he makes money watching certain conditions of an equity going up and then shorting it when its heading down. Whatever, I find him funny,

His video from a couple of nights ago shows some media report that the current golden child of Nvidia accounts for 35% of the recent stock market rally. Enjoy the ride down when it reverses (as they almost always do). Shorts can be fun grin wink

https://www.youtube.com/watch?v=xifHc7iuREw


"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground".
Genesis 1:26
Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157437
06/19/24 11:00 AM
06/19/24 11:00 AM
Joined: Nov 2010
USA-WI
K
Kre Offline
trapper
Kre  Offline
trapper
K

Joined: Nov 2010
USA-WI
The magnificent 7 has accounted for a lot of recent gains. FXAIX has been a real winner for me.

The Magnificent 7 includes the following stocks:
Apple (AAPL)
Microsoft (MSFT)
Alphabet (GOOG and GOOGL)
Amazon (AMZN)
NVIDIA (NVDA)
Tesla (TSLA)
Meta Platforms (META)

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157468
06/19/24 11:48 AM
06/19/24 11:48 AM
Joined: Mar 2010
wyoming southeast
D
danvee Offline
trapper
danvee  Offline
trapper
D

Joined: Mar 2010
wyoming southeast
Sounds like witchcraft to me.

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157480
06/19/24 12:20 PM
06/19/24 12:20 PM
Joined: Dec 2015
se South Dakota
NonPCfed Offline OP
trapper
NonPCfed  Offline OP
trapper

Joined: Dec 2015
se South Dakota
Quote
Sounds like witchcraft to me.


grin grin grin


"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground".
Genesis 1:26
Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157483
06/19/24 12:29 PM
06/19/24 12:29 PM
Joined: Feb 2020
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Indiana
It's price per earnings is a bit high for me. Of course I have some in multiple funds.

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157484
06/19/24 12:29 PM
06/19/24 12:29 PM
Joined: Dec 2006
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Rodney,Ohio
Nvidia currently under FTC investigation for antitrust

https://www.nytimes.com/2024/06/06/...justice-ftc-nvidia-microsoft-openai.html

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157510
06/19/24 01:42 PM
06/19/24 01:42 PM
Joined: Feb 2011
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
alberta
The first time a machine goes rogue,,,,,AI stocks will take a hit

Same as a plane crash affects airline/aviation stocks

Until then,,,,,

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157512
06/19/24 01:51 PM
06/19/24 01:51 PM
Joined: Feb 2011
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
alberta
Fun fact:

10 000$ invested in NVDA at the IPO in 1999 would be worth 59 000 000 today

Re: Nvidia accounts for 35% of the current stock rally [Re: spjones] #8157515
06/19/24 01:54 PM
06/19/24 01:54 PM
Joined: Dec 2006
NWWA/AZ
Vinke Offline
trapper
Vinke  Offline
trapper

Joined: Dec 2006
NWWA/AZ
Originally Posted by spjones
Fun fact:

10 000$ invested in NVDA at the IPO in 1999 would be worth 59 000 000 today


small return for sure......


Ant Man/ Marty 2028
just put your ear to the ground , and follow along

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157520
06/19/24 02:06 PM
06/19/24 02:06 PM
Joined: Dec 2019
WISCONSIN
W
Wild_WI Offline
trapper
Wild_WI  Offline
trapper
W

Joined: Dec 2019
WISCONSIN
Bought NVIDIA stock a few years ago and it has served me pretty well, should be looking to buy Chipolte stock after the upcoming split

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157553
06/19/24 03:45 PM
06/19/24 03:45 PM
Joined: Apr 2010
Ohio
S
stinkypete Offline
trapper
stinkypete  Offline
trapper
S

Joined: Apr 2010
Ohio
Triple witch Friday!!! laugh

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157572
06/19/24 05:08 PM
06/19/24 05:08 PM
Joined: Dec 2015
se South Dakota
NonPCfed Offline OP
trapper
NonPCfed  Offline OP
trapper

Joined: Dec 2015
se South Dakota
I wonder how much Uncle Sugar black book funds were in Nvidia back in the day...? Its always good to know that my way over priced new laptop (no foreign chips!!!!) helps grease the skids for some "blessed" company out there...


"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground".
Genesis 1:26
Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157589
06/19/24 05:44 PM
06/19/24 05:44 PM
Joined: Jul 2022
Va
S
Spike369 Online content
trapper
Spike369  Online Content
trapper
S

Joined: Jul 2022
Va
For each stock bought someone has to sell one. Ask yourself ,"Who is selling these high priced stocks"? Then ask yourself who's buying those high priced stocks? Yea rich people are selling, driving up the price and the middle class worker is buying. How's that gonna turn out?

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157592
06/19/24 05:48 PM
06/19/24 05:48 PM
Joined: Feb 2011
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
alberta
Middle class guy gets a little richer,,,,

Re: Nvidia accounts for 35% of the current stock rally [Re: Spike369] #8157615
06/19/24 06:33 PM
06/19/24 06:33 PM
Joined: Mar 2007
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
McGrath, AK
Originally Posted by Spike369
For each stock bought someone has to sell one. Ask yourself ,"Who is selling these high priced stocks"? Then ask yourself who's buying those high priced stocks? Yea rich people are selling, driving up the price and the middle class worker is buying. How's that gonna turn out?



You need to think about what you just said.
When someone...anyone offers stock for sale that is an INCREASE in supply. If "rich people" are selling millions of shares that is going to depress the price ....not "drive it up".

People who want to buy shares represent demand. Sellers represent supply. Whichever one is greater at any moment determines the direction of price movement.

Also no one is twisting anyone's arm to buy or sell anything


Mean As Nails
Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157631
06/19/24 07:17 PM
06/19/24 07:17 PM
Joined: Dec 2019
WISCONSIN
W
Wild_WI Offline
trapper
Wild_WI  Offline
trapper
W

Joined: Dec 2019
WISCONSIN
Keep on talking yourself out of smart investing, more money for me haha

Re: Nvidia accounts for 35% of the current stock rally [Re: Spike369] #8157672
06/19/24 08:33 PM
06/19/24 08:33 PM
Joined: Dec 2006
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Rodney,Ohio
Originally Posted by Spike369
For each stock bought someone has to sell one. Ask yourself ,"Who is selling these high priced stocks"? Then ask yourself who's buying those high priced stocks? Yea rich people are selling, driving up the price and the middle class worker is buying. How's that gonna turn out?

lot of the trading is done by bots/professional traders/investment companies, personal stock purchasing isnt a big thing

Re: Nvidia accounts for 35% of the current stock rally [Re: NonPCfed] #8157685
06/19/24 09:01 PM
06/19/24 09:01 PM
Joined: Feb 2014
Ky
J
jbyrd63 Offline
trapper
jbyrd63  Offline
trapper
J

Joined: Feb 2014
Ky
Yes and last Friday 5 financial analyst said nvidia was setting up to be the company that bust the market bubble. Time will tell

Re: Nvidia accounts for 35% of the current stock rally [Re: white17] #8157689
06/19/24 09:08 PM
06/19/24 09:08 PM
Joined: Feb 2014
Ky
J
jbyrd63 Offline
trapper
jbyrd63  Offline
trapper
J

Joined: Feb 2014
Ky
Originally Posted by white17
Originally Posted by Spike369
For each stock bought someone has to sell one. Ask yourself ,"Who is selling these high priced stocks"? Then ask yourself who's buying those high priced stocks? Yea rich people are selling, driving up the price and the middle class worker is buying. How's that gonna turn out?



You need to think about what you just said.
When someone...anyone offers stock for sale that is an INCREASE in supply. If "rich people" are selling millions of shares that is going to depress the price ....not "drive it up".

People who want to buy shares represent demand. Sellers represent supply. Whichever one is greater at any moment determines the direction of price movement.

Also no one is twisting anyone's arm to buy or sell anything


Yes and if shares get low boom just split the stock. Start over
Price starts down. Just do buy back send it back up

Re: Nvidia accounts for 35% of the current stock rally [Re: jbyrd63] #8157704
06/19/24 09:30 PM
06/19/24 09:30 PM
Joined: Feb 2020
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Indiana
Originally Posted by jbyrd63
Yes and last Friday 5 financial analyst said nvidia was setting up to be the company that bust the market bubble. Time will tell



They also exceeded their expected earnings, have the best fasted chips in the market, are big into gaming market that's huge.

One thing is for sure if you put your $10k in Navida ten years ago you would have a million point 9 today. What have those CDs and bonds produced in the last 10 years for you on 10k?



Low risk low rewards. Myself I prefer returns worth my time. 5% well I can take my 10k and make more than that very easy flipping things, no reward in my mind.

If I invest the amount I plan over the next 12 years just in what's going on my 401 will go from around 100 k to 960k at 10% market avarage. Bonds and CDs rates will fall when rates start going down and I will have little more than I put in crap for growth.

Myself I can handle the risk. Also not everything I invest in is in the market. Real estate in my farm business as examples. Something about eggs and a basket.

Many millionaires have been made in the markets from working stiffs. The same person would be a thousandair investing in safe low reward investments.

May not be your thing you don't have risk tolerance or maybe don't want to do the work watching trends, and looking at companies financial ECT. Sure you have a nice safe known return but not the potential to make really good return.

I don't like bidcoin because I don't understand how it's all electric produced nothing so can't understand it's value. Does not mean it has not made many millions. Just means it's not for me

Last edited by Providence Farm; 06/19/24 09:33 PM.
Page 1 of 3 1 2 3
Previous Thread
Index
Next Thread