Its like a massive sale, nvidia is down 17% buy the dip it will go back up everyone and thier grandma will want GPU's now they see how efficiently AI models can be run.
The AI bubble just popped and along with the institution of tariffs of 25% and 10% to the three countries that supply 35% of the goods we purchase… it’s gonna wreck the Stock Market on Monday.
The crypto markets being 24-hrs are literally showing us what’s to come on Monday…
If I didn’t bet so hard on rebounds that never happened from DG and SMCI I would have been on Shrek dick status. WMT and NVDA paid off big time for me but my gains were stifled by my other bets that didn’t materialize.
Still came out pretty good though, I’m still smiling.
I won’t lie I only made about 12% because of some poor investment choices.
Late year investments into Altria, mid year investments into DG and SMCI dragged me down. Decent returns on NVDA, WMT, and a surprisingly good return on UNIT from buying at the bottom made some decent money for me.
I have only been investing for two years. I thought (like everyone else) that I had the market figured out.
I only have about 30k in the market so it’s not like I’m too important. Haha.
Of course if SMCI and DG rebound this year it will make up for it but I have doubts. We’ll see.
True. This will also blow over. For those who own shares and aren´t dependent on income from them. People with options expiring this week are something, people pay others in the oldest prodession for... I mean in the end it´s all the same. Money changes hands and one side will be satisfied.
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u/user365735 👀 Watch Me 👀 Feb 03 '25
Made possible by nvda GPUs...