Wall street is showing clear negative signs due to no data, uncertainty on rate cuts and distrust with tech valuations. Multiple large funds have sold their Nvidia positions, which shows lack of upside confidence in the market. So puts?
paleblaupunkt on
Nah, I think this is overestimating NVDA’s effect; maybe the US stock market short term, most definitely not the global economy.
[deleted] on
[removed]
elpresidentedeljunta on
Beautiful picture. But no, Nvidia is only holding up the entire stock market. As for the economy: The US GDP is about 30.5 trillion Dollar. Nvidia had 165 billion revenue in the twelve months leading up to July. You can´t put these just side by side but it demonstrates that the vastly oversized valuation of Nvidia does not reflect it´s actual importance for the economy.
Even if the stock price normalizes: Fear not. The money will not be destroyed or “lost” as people say. It will be in the hands of Hedge Funds, Banks and Multibillionaires. They will put it to use for the economy. Think of it as a retail investors tax.
“I told you so” doesn’t cut it… but I am a bag-holder for a decade and a half, so tell me more of these bubbles you speak of.
Most of the squishies I encounter are more proficient at fortnite than using an abacus, so I think I know how this story goes.
UsedGarbage4489 on
of course a regard such as yourself would think this is how the economy works.
theRealGrahamDorsey on
Tickle the man, and find out
SnooCompliments4883 on
What does Nvidia do again? Flavored chips or something?
Zestyclose-Ice-3434 on
Don’t worry guys, if something happens FED will be buying Big Tech corporate bonds.
Intelligent-Hat6087 on
Uh huh.
SECdeezTrades on
its all a fraud. I’m shorting Nvidia CDOs. Goldman is making a market for me and this other guy who had come in right before me.
I bumped into the guy leaving as I was coming in, he had a glass eye and asbergers like appearance. Supposedly just shutdown his fund to put all his money into this
It’s this but there’s two smaller guys holding his feet up, and four guys holding their feet up, and eight more guys holding their feet up, and I swear if you get in now and recruit 15 of your friends, you can hold up a foot too! Everyone knows a triangle is the strongest shape.
Eternal_Alooboi on
If it should crash and burn, I hope it does so before growing a lot more.
pokpokza on
The problem is everything hinge on China not invading Taiwan lol. And that will be GG nvidia.
gitpullorigin on
Yeeet
BodyArmorOn on
“We have decided to only take bitcoin payments from now on” 😂📈
Awkward_Conclusion30 on
I did my fair share and bought a 5070ti last week 🙂
FindBmO on
Everyone tryna sound intelligent and intellectual. Just buy the damn calls vro
mightychicken64 on
the most important earnings report of all time
FoodCourtBailiff on
If their ER is bad today look the fuck out
TX_Fan on
“Just get me back to my entry. I don’t even want profits anymore.”
KingKongou on
Guys, even if NDVA does well, the September jobs report is coming out Thursday morning.
If the white house said the October jobs report will never be released..how bad is the September one???
Zeryth on
Inaccurate, that globe should be crumbling to dust while nvidia is holding it up: numbers are going up but the world is going to shit.
38 Comments
Wall street is showing clear negative signs due to no data, uncertainty on rate cuts and distrust with tech valuations. Multiple large funds have sold their Nvidia positions, which shows lack of upside confidence in the market. So puts?
Nah, I think this is overestimating NVDA’s effect; maybe the US stock market short term, most definitely not the global economy.
[removed]
Beautiful picture. But no, Nvidia is only holding up the entire stock market. As for the economy: The US GDP is about 30.5 trillion Dollar. Nvidia had 165 billion revenue in the twelve months leading up to July. You can´t put these just side by side but it demonstrates that the vastly oversized valuation of Nvidia does not reflect it´s actual importance for the economy.
Even if the stock price normalizes: Fear not. The money will not be destroyed or “lost” as people say. It will be in the hands of Hedge Funds, Banks and Multibillionaires. They will put it to use for the economy. Think of it as a retail investors tax.
I’m sure nothing bad is going to happen.
https://preview.redd.it/ao67abqrh72g1.png?width=500&format=png&auto=webp&s=7300f4f67ad93aa76c9204f862aa9fe7a5748c07
Not even close
Hope everyone bought their puts
“we have decided to partner with all major central banks” – Jensen
https://preview.redd.it/w29l08wbl72g1.jpeg?width=1080&format=pjpg&auto=webp&s=af54a21334fdb67028c37120facbf20258da3e55
I’ll buy an RTX to help the world’s economy.
Terminator ending route is better than T virus ig
Nvidia earnings will beat estimates by a distance and markets go up 1-2 % everyday till Monday
We’re pretending that AI contributes massively to GDP
https://preview.redd.it/5674ho9vp72g1.jpeg?width=1024&format=pjpg&auto=webp&s=97137bf94f3181ff15dd7e296b8478c274f1d3c0
I am quite sad about how accurate that is.
Nvidia says look at me, I am the global economy now.
Anyone remember $CSCO in 1999?
[two years ago in wsb](https://www.reddit.com/r/wallstreetbets/comments/14bikcp/nvda_vs_cisco_dot_com/)
https://preview.redd.it/5t30ja5dt72g1.png?width=1444&format=png&auto=webp&s=39620b2374608a1b18001ce575ae34d7747afe5d
“I told you so” doesn’t cut it… but I am a bag-holder for a decade and a half, so tell me more of these bubbles you speak of.
Most of the squishies I encounter are more proficient at fortnite than using an abacus, so I think I know how this story goes.
of course a regard such as yourself would think this is how the economy works.
Tickle the man, and find out
What does Nvidia do again? Flavored chips or something?
Don’t worry guys, if something happens FED will be buying Big Tech corporate bonds.
Uh huh.
its all a fraud. I’m shorting Nvidia CDOs. Goldman is making a market for me and this other guy who had come in right before me.
I bumped into the guy leaving as I was coming in, he had a glass eye and asbergers like appearance. Supposedly just shutdown his fund to put all his money into this
Pop!
(https://share.google/Psfvj1EgEd9mj0q06)
It’s this but there’s two smaller guys holding his feet up, and four guys holding their feet up, and eight more guys holding their feet up, and I swear if you get in now and recruit 15 of your friends, you can hold up a foot too! Everyone knows a triangle is the strongest shape.
If it should crash and burn, I hope it does so before growing a lot more.
The problem is everything hinge on China not invading Taiwan lol. And that will be GG nvidia.
Yeeet
“We have decided to only take bitcoin payments from now on” 😂📈
I did my fair share and bought a 5070ti last week 🙂
Everyone tryna sound intelligent and intellectual. Just buy the damn calls vro
the most important earnings report of all time
If their ER is bad today look the fuck out
“Just get me back to my entry. I don’t even want profits anymore.”
Guys, even if NDVA does well, the September jobs report is coming out Thursday morning.
If the white house said the October jobs report will never be released..how bad is the September one???
Inaccurate, that globe should be crumbling to dust while nvidia is holding it up: numbers are going up but the world is going to shit.