Stock Market is the bottom in?

[Howboutthemdawgs]

I thought you meant the old ads in the 90s where guys with beards would pretend to be women for ladies night at the bar. So after searching to see what the 3 name guy's (P Allen Smith) wife looks like, it's clear you mean dylan Mulvaney. Haha, good observation. Could make one of those who wore it better memes.

Haha that’s it. I couldn’t remember he she’s name. They are twins

 

[hesseu]

Elon saying that DeepSeek has hundreds, if not thousands of Nvidia chips.

"Billionaire and Scale AI CEO Alexandr Wang: DeepSeek has about 50,000 NVIDIA H100s that they can't talk about because of the US export controls that are in place."

 

[Howboutthemdawgs]

Yeah anyone who believes that China developed some proprietary technology on their own that is better than the worlds is an idiot who should lose their money. Their entire existence is built on stealing and window dressing

 

[hesseu]

Yeah anyone who believes that China developed some proprietary technology on their own that is better than the worlds is an idiot who should lose their money. Their entire existence is built on stealing and window dressing

It's crazy how quickly the market reacted...over-reacted in my opinion. But, what do I know...I'm just a peasant.

 

[jsasker007]

Always an over reaction on any bad news lately. I'm trying to buy a bunch of stock on sale before they bounce back up to where they were. Easy money usually. The best ones are when a stock gives great earnings and the price goes down. Buy the dips!

 

[Angus 1895]

GE vernova!

 

[jsasker007]

GE vernova!

Which one is that? Space?

 

[buckvelvet]

Ouch??

 

[Howboutthemdawgs]

I bought some call options on nvda.

 

[bwoods11]

Ouch??

I have 4 of those, my Broadcom shares are down a lot ! These companies have gone up— $$. It was probably due .

Not too concerned as of yet . We will see how the earnings are in 2025 .

 

[jsasker007]

I bought some call options on nvda.

What price?

 

[SD51555]

The days when these stocks blow downward, especially off all time highs, can be a good time to set some puts to acquire them if they hit.

For example, NVDA has fallen $25/share to $117. Let’s pretend I’m not comfortable buying it at todays reduced price. What I can do is sell the feb 14th $95 put for $1.20/share. If it hits in the next two weeks, I get my shares at a 19% discount from todays already 18% discounted shares.

If it doesn’t hit, I earn a fat 33% income rate on those funds for those couple weeks.


Sent from my iPhone using Tapatalk

 

[jsasker007]

I don't see Nvidia going to $95. I think it starts going back up tomorrow. jmo

 

[bwoods11]

I don't see Nvidia going to $95. I think it starts going back up tomorrow. jmo

I just 12 shares. Not breaking the bank but working up the share count !

 

[jsasker007]

I bought some TSM because it's the one that's down the most on the Chinese smear campaign. Down $33 a share today. I like my chances of making a profit on that one.

 

[BuckSutherland]

Sure wish I would have waited an extra day to make some of my SEP contribution. Quite a bit of red from the moves I made. Still have 100% of our 2024 and 2025 Roth contributions to play with along with about another 60% of my SEP contribution. Ugly day.


I'm not buying the Chinese AI model. From everything I have heard they needed to backdoor 1,000s and 1,000s of Nvida chips to make it work. Looks like the market just needed a reason to take a dip. Probably dip buyers stepping in for big tech earnings this week.

 

[jsasker007]

Wonder if Pelosi was ahead of this one too?

 

[PatinPA]

Wonder if Pelosi was ahead of this one too?

I just saw she bought a bunch of Nvidia a few weeks ago, so even she was out of the loop. Which is shocking.

 

[jsasker007]

I think they are pissed about tik toc

 

[jsasker007]

NVDA'S volume is closing in on 600 million today already.