confidence is the driver of the stock market

i agree and there seems to be a lack of it. I believe the nvidia take is that the guy came out and said AI stocks were going to crash like the housing market did. He predicted the housing market and everyone freaked out when he said that about AI. Just a guess. I haven't been following earnings reports but if they reported something to support his prediction im sure people lost confidence.

I believe you’re talking about Micheal burry(big short)???

He did call the the housing market crash,,,, but has made many calls since,,,and none have been correct

He just shut down his firm cuz he’s been crushed on a plantir short

a well known contrarian

[quote=spjones]Berkshire(buffet isn’t really involved anymore) just bought 4+ billion of google recently(September),,,, just saying

Good luck out there to all that partake
[/quote I jumped on oxy when I saw Buffett was buying it. I was just geting started with individual stocks only bought 100 share of it but bought at $50 a share and been down on it since. One of my 2 loosers. that and target.

What price did buffet buy at??

By the time the info is made public, it’s often to late for a short term gain,,,may work long term

Nancy had a good record for someone to follow

To bad she’s retiring

If following someone was an actual strategy,,,,,

For the next few years,,,,Cantor and the trump boys would be good ones

NVDA trying to rally a little bit this morning.

No idea what he got in at. Probably a lot less. Add in being a 24% stake owner Probably gave him sway for brookshire to buy the chemical side of oxy they just bought.

I was watching it bounce between 55 and 60 I think it droped and I jumped. Like i said I was just getting started and didn't know(still don't) crap. Same with buying target around 125, It had a 4 5% divided and good history of paying them. was at a 52 week low, women control 80% of household discretionary spending and women love target. What could go wrong i though. Down about 27% on that one.
Luckily my winners are up enough overall been up 19 to 26% depending on the day all year.

Mostly im boring and dolla cost averaging into etfs and an s and p fund about 70% of what I put in each year the rest I have been playing with individual stocks. So far beating the market by a small % for the last 3 years but only becuse of Nividia strong run and luck.

That's what ya get for buying communist Target stock, lol.

Ya we boycotted them for years until they backed off the woke LGBT stuff. I thought about selling and taking the 27% loss and put it in something doing well instead of waiting to see if they recover in time. drill up in the air on that. But I only have about 70 shares and losses are part of the education. I have some time to wait. Hopefully they don't end up like Sears.

Burry is the poster child of the saying "Even a broken clock is right twice a day."
He has correctly predicted 30 of the last 2 market crashes.

It will end up like sears

Anyone that’s actually truly interested in Nvidia,,,,,should watch Elon and Jensen just speaking at the US/Saudi investment conference that was just live

Doesn’t have anything to do with what happens in the next 24 hrs,,,,,

An excellent “long term” explanation of what’s happening with AI

It's s great time for the manufacturers of the GPUs, mainly nVidia. Eventually the AI people will eventually have toske some money. I don't think that will come completely from replacing humans in the workforce.

With nvda high earning people sold to get a good profit on their holding. Sell off looks bad when this happens giving a false negative look. Things will be fine in my opinion in time just need to go through that type of event.

Lots are saying a correction has been “needed”. Given Palantir’s P/E ratio I can see where that could hold true, but they just put out a phenomenal earnings report and have lost 15%. It’s all driven by hype and, frankly, I’m glad to see Burry folding his firm. He’s just trying to manipulate markets and I would expect Nvidia to have a strong report that will correlate into a market uptick.

Looks like the market is happy so far, lol.

Nvidia's earnings are in — and Wall Street appears to be breathing a collective sigh of relief at the AI chipmaker's better-than-expected revenue and guidance.

The AI chip maker reported revenue of $57 billion, beating Wall Street's estimates of $55 billion. In its all-important data center unit, revenue was $51 billion versus estimates of $49.31 billion. Earnings-per-share clocked in at $1.30 compared to estimates of $1.26. The firm also topped fourth-quarter sales forecasts.

The stock popped 3% in after-hours trading. Shares ended Wednesday's session up 39% year-to-date.

Wall Street analysts were mostly upbeat heading into Wednesday's report. Indications of continued demand for AI hardware will be the biggest driver of the market's reaction as the analyst call gets underway. Any sign that the AI infrastructure buildout may be waning, or that data center customers have diminished appetite for high-end GPUs, will likely be another turning point in the narrative that's propped up the market all year.

Make that nearly 7% up at the moment.

I own Nvidia and bought three new stocks this morning; LEU, CCJ and MP. The first two are related to nuclear energy production and MP is a rare earth materials company. I have owned CEG (another energy company) for some time. I am expecting a bit of healing in the near future, after the lambasting I experienced last week. Lol

PLTR is responding positively as well. Up 5+% after-hours so far. We’ll see a nice pop tomorrow.

trapperkeck - why do you like those two specific nuclear stocks? I know nuclear overall should do well moving forward, as it’s the best primary energy source to support data centers.

CEGs up at much as NVDA after hours.