I'm thinking of taking profits on Nvidia $NVDA before earnings. I took a look at the expectations and it doesn't look good. For that, the 118% YTD looks more than good 😄.
Revenue is expected to drop by something like 20% and earnings per share looks like an even 30% drop.
This week 8.5 - 12.5 we had some interesting companies reporting their quarterly results.
For my part, I can say that I was pleasantly surprised by $WMT, whose results nicely exceeded expectations. I don't own shares of $WMT yet, but I would like to buy a few shares, but the share price would have to come down.
Friends, yesterday we had two big 🚀moves🚀 again on popular stocks $NVDA and $NFLX
I'm not going to do a bigger description on them now, I think we all know and follow them regularly. Rather, I want to start a discussion on them, what you think of them, whether you hold them and possibly if you have any information that you are excited about and see growth.😊
So I took profits on the last tiny little position on $NVDA, which I sort of speculatively kept after I wrote here about 14 days ago about taking out at 60%. I'm not sorry I didn't leave the rest in... Rather that I didn't put 10x as much in a year ago 🤪 It was open 5/20/2022, so it worked out almost exactly.
No of course I'm kidding. It was all kind of within strategy and I'm... Read more
I'd hold off, in part, after all, it is to realize profits let there be no sadness then that the profit has run away :)