NVIDIA Corporation (NVDA) Quote

First of all you criticize my post for being long-winded and yet you respond with a long-winded post yourself. Geezus.

Let me begin by saying that is what communication is about. It is virtually impossible to state (and fully understand) what has taken "years" to learn. Nothing is life is black and white (there is a lot of gray in everything) and to explain all the gray takes a lot of talking (and more importantly listening - not criticizing) to understand it all.

Having said that, you seem to expect Black and White and short answers and I have none of those. As such, I do not believe this conversation should go on. You believe whatever you want to believe and leave it at that. Suffice it to say that I have proven over a period of 19 years that what I have learned is valid and works (at least works for me). If you want to contest that, I suggest you sit down with me and have a LONG conversation so that you can understand all the "gray" that exists in life (and in trading).

End of story.

Oh and by the way, calling me arrogant is something a lot of people have done before. I will tell you that my "supposed" arrogance it not arrogance but confidence in what I have learned over 47 years of trading, where a lot of pain has occurred and where success has now been found. If you want to call confidence arrogance, that is your problem.

A long winded explanation to avoid answering my simple question. You made an ambiguous statement, yet you choose NOT to clear it up.

Then you say "last time I respond to one of your posts"! I did not request an explanation, as my original post was a statement of opinion to another poster. You also state responding to my post and you respond to yourself! Then you mention no guarantees from analysts or in the markets. I never suggested there were guarantees or 100% accuracy, so don't put words in my mouth. Get it together buddy.

Look at how your "response" starts!!! Very arrogant and condescending - "sigh, you truly do not understand and this is the last time I explain it to you." You go on to write a book explaining that it is not a prediction and the probabilities aren't always correct etc. Common sense stuff.

But since we are here I will point out the fallacy of your statement, as you seem very impressed with yourself. You mention NVDA should trade in a lower range and fill the gap down to $680 range, unless of course there is a catalyst. There were no big catalysts last week and it went up significantly. So let's be honest, you, your theories and charts were wrong! But then you make the foolish statement that it should trade in that low range for the next 2-4 months. You don't see any catalysts for NVDA in the next 2-4 months? What about earnings at the end of May? You dismiss that as a potential big catalyst? Most of the earnings calls have yielded spikes in the share price. But you don't see that coming?

Your most foolish statement: "bulls have now put themselves in a situation where they are committed to making a new all time high above $974."

"Having said all that, I don't have a doubt that they will fail to do so, given that the industry and the company itself are the hottest thing around."

So your statement makes no sense!!! You say they are committed to making an all time high and then state you don't have a doubt that they will fail to do so! So you doubt they will achieve the new high. Then you contradict your own statement with - given that the industry and the company itself are the hottest thing around.

So again, which is it? Can't have it both ways. I asked the question three times now and you continue to avoid it. Obviously, intentionally ambiguous so you could hide your failure in the ambiguous statement.

You want to write a book here lecturing everyone but don't even take the time to proof read your own statements.

And the one sentence statement I made proved to be very accurate this week, despite all of your charting and experience. I simply stated in response to another poster poking fun at you, "The charts are a nice tool, but never really capture the entire story, when dealing with an explosive powerhouse like this." It is an accurate statement, not rude or critical of anyone, and not dissimilar to what you said in your thesis. Yet you criticize me for it.

Bottom line - I made $$ last week and for many months prior, and you lost $$. Perhaps it is you who should listen and learn.

And yes, I still want an answer to the question, you keep avoiding. I won't let you hide behind the ambiguity of your foolish statement.

The more you continue to talk here, you are getting deeper in the quicksand, and I hear more of your "subscribers" cancelling their subscriptions. They will get better and more well rounded advice here on the board, for free.

Ambiguous is something most everyone in the market is. I listen to Bloomberg TV about 12 hours a day. Have you ever seen any of the expert analysts ever guarantee that something is going to happen.

Yes, a stock could go up, could go down, or could go nowhere. I say that all the time and it does sound ambiguous. Nonetheless, it is a true statement, is it not? What I do is read the charts and predict the probabilities of one thing or the other happening. It is like being a coach of a professional baseball team and being tied at the 9th inning, have the bases full against you, and there being 2 outs and the batter coming up with a good hitter but only against right handed pitchers. The batter has shown that left handed pitchers are usually successful against this batter. As a coach, you bring in the best left handed pitcher you have and one that has had success in the past against this batter. Does that guarantee success? No it doesn't, but the better coaches will more often make the right decisions than the coaches that are not as good. They will be right in their decisions more often than the other less successful coaches.

That is who I am and what I do. I get the edge necessary to be one of the better coaches. It does not guarantee success in every situation, but I will be right more often than not.

"Seems to me like you are concerned about losing your "subscribers", because you made a bad call here, and looking for a scapegoat."

Wrong. It is an assumption on your part. Let me say it one more time. I live off of my trading. I do not "need" subscribers. In addition, my nature is to not be greedy or be fearful. I am 78 years old and have learned in my life (especially my trading life), that fear and greed are the worst things to have.

I never look for scapegoats as I always accept my failures. Then again, as a chart "reader", there are no failures as chart reading is not about predicting anything, it is about giving odds on something happening. Case in point, there is a 13 million to one chance of winning the Lotto and often there is a winner. Those odds do not stop people from playing the lotto.

As a chart reader, I am here to read what others with money are doing and they are the ones that decide what is to happen (not me). I just want to have the edge and chart reading gives me "the edge" over those that do not do any chart reading. Nothing is for sure, is it. Even those with big money and big knowledge have lost and been wrong in their predictions, no?

Think about what I said Cadillac. Try to understand where I am coming from and don't make assumptions. Ask first.

$NVDA Millions worth of even more calls. Look at all of the volume for those June contracts just from today
By: Cheddar Flow | April 26, 2024

• $NVDA Millions worth of even more calls

Look at all of the volume for those June contracts just from today





Read Full Story »»»

DiscoverGold

Just to set the record straight here. I was not being critical of you or your abilities to chart.

You seem triggered by my response to another poster, who questioned or poked fun of your "prediction", explanation or probability - however you prefer to describe it.

My simple explanation to that poster was not dissimilar to what you stated.

I stated - "The charts are a nice tool, but never really capture the entire story when dealing with an explosive powerhouse like NVDA."

You stated in your lengthy explanation - "NVDA is by nature of what it does (hot AI industry), a high probability of being the exception (rather than the rule).

I see little difference in those statements. Yet you lash out at me making bold assumptions that I don't understand and people always want to be right, and no one is right all the time etc.

Furthermore, you immediately discount what I said "charts are a nice tool..." and draw the false conclusion that I am a critic.

Seems to me like you are concerned about losing your "subscribers", because you made a bad call here, and looking for a scapegoat.

The 60 minutes episodes don’t they usually have 3-5 subject matters so say Jensen will probably be on 10-15 minutes. Does that sound about right I don’t usually watch it.

I did NOT have a question in that post. It was a statement.

But you did NOT answer the one question I asked in my previous post. A totally reasonable question under the circumstances, as part of your post was ambiguous.

So I will ask it again:

I do question this statement in your post: As such, the bulls have now put themselves in a situation where they are "committed" to making a new all-time high above $974.

Having said all of that, I don't have a doubt that they will fail to do so, given that the industry and the company itself are the hottest thing around."

Your statement seems to be in conflict with what you stated. What are you trying to say here?

It concerns me that you are quick to point out - what you believe I do not understand. I actually understand perfectly well. I simply have my own methods for assigning weight to what works and doesn't.

Charting fails to consider the impact of interest rates, inflation, politics, geo-political events and manipulation, which are all factors that impact the markets and NVDA. As you correctly stated, AI is hot and that also has an impact that is not necessarily accounted for.

I do not know if you have read any of the posts I have responded to other people. Nonetheless, I have already answered your question.

Neither I, nor any other person, knows what is going to happen or why. The market is full of people with their own agendas and ways of thinking and any of those can cause things to happen. In addition, even I can make erroneous evaluations. I am not perfect. Nonetheless and having said that, have proven over the years and on countless of previous occasions, that I know much more than most every other Tech analysts in the market.

The information I give, and this is always made clear to my subscribers, is knowledgeable but never perfect (perfection is impossible to everyone). As such, the information I give is always to be taken with the idea that it is simply one additional tool (a good one but not perfect) to use when trading.

I have stated here on several occasions, that my goal (and that of most chart and technical traders) is to make more money than is lost. The idea is not to be right every time, but be right more often than not and risk less than what you are expecting to obtain when doing the trade. In this way, the times when I am wrong, is overcome with the times that I am right, and as such, more money is made than what is lost.

Most people "want" to be right and hate to admit when they are wrong (human nature). My kind of trading approach has to put fear and greed aside and deal with reality and that is that no one can ever be right each and every time.

Does this address and answer your question?

You indicated that it would likely trade between a range of $822-$854 for 2-4 months.

I respectfully disagreed with that and it has already broken free from that range. I see earnings at the end of May as a possible cataylst, which could also provide a spike in price.

However, you did state that it could breakout from that range if there was a catalyical event, which I haven't seen this week and it still rose significantly. There is run of the mill news on a daily basis, but nothing I would categorize as a major catalyst that occurred.

Analysts make predictions all of the time. Most have been way off with this stock. They predict a price the stock should attain in the next 12 months, only to be eclipsed in a few days or a week or so.

So hopefully you can understand my trepidations about relying too much on professional opinions, as most have been way off with this stock.

I have my own factors that I weigh when analyzing where a stock will be.

Not sure who you are responding to, since you responded to yourself.

You seem to cherry pick my statements. I was very complimentary of your wisdom, skills and experience charting, but you seem to disregard that.

However, I am entitled to my own opinion on the success of charting. As you keep saying it doesn't predict but gives probabilities. In my opinion, charting doesnt work well when applied to penny stocks, thinly traded stocks, or explosive stocks like NVDA, like you said, a hot sector right now.

Those are my opinions and no need for everyone to march in lockstep here as there are many different perspectives. Since it is my $$ I am investing, I trade and invest based off of my own opinions, research and beilefs (which may include charting when I believe it is applicable), and have done quite well.

I do think charting is helpful and appreciate your contributions here. Your explanations are thorough and based on facts, which I also appreciate.

I wasn't poking fun at you since the stock headed in a different direction, than the probabilities you laid out last week. As you stated, it could still come back down. There is a lot of volatility and many factors at play that could easily affect the direction this goes.

I do however question this statement in your post: As such, the bulls have now put themselves in a situation where they are "committed" to making a new all-time high above $974.

Having said all of that, I don't have a doubt that they will fail to do so, given that the industry and the company itself are the hottest thing around."

Your statement seems to be in conflict with what you stated.

Don't get ruffled by what folks say here. You are/were a professional in the field and most of us here are amateurs, with varying skill levels and different abilities.

Good luck to you.

Nvda share price DOUBLE TOP BREAKOUT today, on 26-April-2024 GLTA

PS: The signal came late in the trading session today.

Sigh. you truly do not understand and this is the last time I explain this to you. Reading of charts is not about "what is going to happen" but about the probabilities of it happening. Simply stated, it gives you a "view" of what is likely to happen but not a guarantee that it will.

In addition and something I did mention prior, NVDA is by nature of what it does (hot AI industry), a high probability of being the exception (rather than the rule).

Having said that, though NVDA got above the $855 level I mentioned (closed at $877) and did not close the gap below, that has NOT changed the outlook (in a convincing way) for that gap to be filled. In fact, in some ways it has actually increased the chances of that gap being filled.

Let me explain, If the gap below would have been filled, there would be no magnet left for the chart traders to shoot for, meaning that once the gap is filled, the bulls could come back in and buy with confidence.

As a general rule, when a top is made and no negative fundamental change has occurred, that top is generally tested before the selling comes in stronger. If the stock goes above this week's high at 883.31, the bulls will be "committed" to making a new high because if they fail and the stock thereafter goes back down, the retest of the high will be successful and the selling will become even stronger. As such, the bulls have now put themselves in a situation where they are "committed" to making a new all-time high above $974.

Having said all of that, I don't have a doubt that they will fail to do so, given that the industry and the company itself are the hottest thing around.

What I do, even under this situation where the evaluation I gave is evidently wrong, is supply the chart points that are important and that information is always valuable. With the stock having "not done" what the charts suggested, it does mean that if you are a bull, you are now in a position of buying more next week (on a dip), knowing that 1) the probabilities favor the stock going above this week's high and they do favor the stock making a new high. By the same token, it also gives you the knowledge that the bulls are now in a "sink or swim" scenario where they have to make a new high of they will have failed.

Information is knowledge.

Last time that I respond to one of your posts. Evidently, you are a critic and not searching for knowledge can can better your trading understanding.

Jim Lebenthal, chief equity strategist at Cerity Partners, buys more Nvidia

T/A? I'm a little slow on the uptake today?

That is right. I feel better seeing the improvement in our interest in this area.

You come across as one who is good interpreting posts. You do a good job with me.

May be you should get into T/A as well ?

~bought 5/3 $1100 calls @.29c

JJ8, today you sound more like a bullish bear, than last weeks bearish bull.

The charts are a nice tool, but never really capture the entire story, when dealing with an explosive powerhouse like this.

It proves that no matter how long one happens to be practicing T/A as a professional, still attempting to read the future from charts can be limited and still unknown.

The future has its own mind... and treats all equally. Just like the Sun shines on everybody regardless of who they are. Cheers and happy weekend.

oops.....

For the record I dont really like they idea of robots. Instead I intend to use OOBuck spray if I see them.
Go NVDA! But NVD* (2Xinverse)

Me too! That is coming, I think, sooner than just the talk for a long time. I have read Kurzweil some time ago and have had many friendly hot arguments in the larger family... about the pros and cons, etc.

In his groundbreaking book "The Singularity Is Near," published in 2005, Kurzweil made two astonishing predictions: first, that by 2029, AI will surpass human intelligence and master the Turing test, and second, that by 2045, humans will merge with the AI they've created, a phenomenon he terms ''The Singularity".

There will be many robots doing routine work in large numbers. Unemployment will increase and people will have more free time to pursue what they prefer to do with their time. Interesting and exciting times.

PS: The jobs for maintenance of Robots will increase, lol.

Holy Cow, we are getting rich man. LOL

Could we see a 900 close ? And watch for the 2 o’clock dump possibly.

Man, cant wait to get a couple of robots.
They can do all the stuff I dont want to.
Crazy world we are-
GL

I agree expecting very positive response as a long I see nothing but long runway

NVIDIA/Tesla Leak HUGE Partnership on Humanoid Robots.

NVDA- hurry, everyone’s doing it!
Great report’s, love it.
Good luck team!

Morgan Stanley Is Doubling Down on Nvidia (NVDA) Stock
Wall Street remains as bullish on Nvidia as ever

45m ago · By Samuel O'Brient, InvestorPlace Reporter
Advertisement

Nvidia (NVDA) is rising today on the news that Morgan Stanley (MS) has upped its bet on NVDA stock.
The investment bank sees big things ahead for the artificial intelligence (AI) leader.
NVDA stock is likely to keep rising as Wall Street enthusiasm continues to spread.
Elon Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.
NVDA stock - Morgan Stanley Is Doubling Down on Nvidia (NVDA) Stock
Source: Piotr Swat / Shutterstock.com
Wall Street’s enthusiasm for Nvidia (NASDAQ:NVDA) isn’t slowing down. The vast majority of analysts currently rate it as a “buy” and maintain bullish price targets. But one prominent financial institution just increased its bet on the artificial intelligence (AI) leader, seizing on the opportunity to acquire NVDA stock on a recent dip. Morgan Stanley (NYSE:MS) has staked an even bigger bet on the AI breakout sensation, which it currently maintains an “overweight” rating and $1,000 price target.

This week most of the loss in my Port due the recent geopolitical turmoil (Israel/Iran confrontation) was recovered.

I believe more exposure will bring more attention to the stock, and therefore, more investors. I don't think it will create a wave of shorts.

Just like Intel having no effect on the share price here.

This should ramp up nicely toward earnings, and then another blowout earnings and it should get to the next level.

What do you think Nvidia SP will do next week after 60 minutes. 60 minutes is pretty popular and there are a lot of people that don’t know Nvidia. Should be interesting

*holding anything

The trick is to add at the right times.
$5.07 has been my largest add today. I start with a couple of ‘lots then add each 3.5% drip but as it recedes quickly my lots increase. (Kind of like doubling down)
The trick is the average down is more compounding the mix right.

I do this on BoIL/KOLD/PSQ and today INTC again.
It works very nicely for momentum traders but most certainly dont recommend ling in anything.

Or in the past few days NVD (inverse ticker) is losing twice as much. You guys are playing with fire, trading that.

It is a useful tool after a big run up and profits are taken, or if there is a disruption to the markets and everything is tipping over.

Otherwise, it is fraught with risk.

Nvda share price DOUBLE TOP BREAKOUT today on 26-April-2024. Dailies first session in Uptrend.

Looking forward for Weekly to confirm the Uptrend.

We shall see. GLTA

Timber from here !!

$NVDA Bulls are still making themselves known
By: Cheddar Flow | April 26, 2024

• $NVDA Bulls are still making themselves known



Read Full Story »»»

DiscoverGold

$2000 by year end

Article about auto business that will someday become major contributor

Chinese EV maker Xpeng says partnership with Nvidia unaffected by US trade sanctions
Xpeng said local solutions for car chips have emerged despite not being as advanced as imports, but it would keep its options open with domestic suppliers
As of June last year, Nvidia – which is not allowed to ship its advanced AI chips to China – had about a 52 per cent share of the global navigate-on-autopilot market
Thursday, 25 April 2024, 10:00:PM
Chinese electric vehicle (EV) start-up Xpeng said its partnership with Nvidia has not been affected by tighter US trade sanctions, but it will keep its options open with local suppliers.
“We’re very happy with our collaboration with Nvidia and other silicon partners,” Brian Gu Hong-di, vice-chairman and president of Xpeng Motors, said during a press conference on Thursday on the sidelines of the 2024 Beijing Auto Show.
Gu said local solutions for car chips have emerged despite not being as advanced as imports, adding that Xpeng is keeping its options open with domestic suppliers.
Follow and get notified the next time we publish content about
Electric & new energy vehicles
Although Nvidia’s autonomous driving chips are the predominant hardware for supporting assist-driving and more advanced self-driving capabilities developed by carmakers in China, mainland suppliers are quickly catching up amid the country’s drive for self-reliance in semiconductors, especially given that most auto chips do not require cutting-edge manufacturing technologies.
Nissan CEO to respond to EV rivalry in China with bigger line-up, output targets
As of June last year, Nvidia – which is not allowed to ship its advanced AI chips to China due to US trade sanctions – had about a 52 per cent share of the global navigate-on-autopilot market, signing cooperation agreements with 25 automotive original equipment makers globally, according to data from Gasgoo Institute, a Shanghai-based research company.
Nio’s flagship ET5 and ES7 sedans, Li Auto’s L9 model and Xpeng’s G9 all come equipped with Nvidia’s Orin chips. Auto chips are seen by Washington as a less sensitive area of the semiconductor market when it comes to setting trade sanctions.
Help safeguard journalism
Credible news is more vital than ever. Your support helps us protect quality journalism.
Xpeng’s Gu also said that the firm’s smart-driving capabilities for more complex urban traffic environments outshone its competitors. He said the gap between Xpeng and its competitors in city smart driving is “widening”.
“This year, obviously, we want to leverage AI, leveraging large [language] models,” said Gu.
Xpeng has 2,000 engineers working on autonomous driving technologies, ranging from software and architecture to data optimisation, and 3,000 people employed in generative AI.
It will invest 3.5 billion yuan (US$483 million) this year to develop generative AI technologies, which are sweeping every industry from autos and corporate services to consumer electronics.
In 2022, China sold about 7 million smart passenger vehicles equipped with assisted autonomous driving systems, which translates into a market penetration rate of 35 per cent.
In the first half of 2023, that figure rose to almost 43 per cent, according to data from China’s Ministry of Industry and Information Technology.
Autonomous driving companies have been struggling to eke out a profit in China due to heavy costs and low revenue from maintaining large robotaxi fleets.
Baidu, which operates a robotaxi fleet in several cities, said its self-driving unit will focus on generating revenue and profits after burning cash for years.
Smaller players such as WeRide and Pony AI have joined bigger carmakers to monetise software services as they continue to operate driverless robotaxis at a loss.
Xpeng’s Gu paints a realistic outlook, saying it will take longer than five years before robotaxis become a “real commercial operation”.

Excerpts from Googles earnings transcript
CEO

“We offer an industry-leading portfolio of NVIDIA GPUs along with our TPUs. This includes TPU v5p, which is now generally available, and NVIDIA's latest generation of Blackwell GPUs.”

That was the only mention I saw but I didn’t read it just scanned for Nvidia

There has been some volatility, but the last two days have been good for NVDA. It appears that the stock is regaining it's momentum and upward trajectory.

I use this site .very simple to use

Your site needs to be like theirs imo

https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=LWLG

NVDA holding gains in extended for now.
Good trade in extended. Moving back up. INTC*
I’m pretty sure my NVD* position will yield before mid morning.

The share prices of Amazon, Alphabet, Invidia are rising in AH. Intel? It seems a full breakdown as of now. May be time to buy?

Tomorrow should be an interesting session.

We shall see. GLTA

Nvidia I Sunday on 60 Minutes

I don't think it will have any significant effect on NVDA.

Today was another rough day for the inverse ticker and it looks like more rough days ahead.

The fears from last week have subsided and this is going higher.

No

NVDA investors, Anyone think Intel report will send shares spiraling?