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HERE is a perfect example of the fact that you do not have to take wild risk in investing. I own all the BIG TECH names.....MSFT, AAPL, GOOGL,...
YES......some times the short term markets are simply IRRATIONAL. That is happening right now as the recent good earnings are being IGNORED....
SO.....I see that the markets have now turned negative for the day. Seems about right.....a single stock can not pull up the entire market....
As I was saying. Nvidia Cheer Fades As Stock Market Reverses Lower; Retailer's Sell-Off Adds To Sector's Woes...
The ten year yield is now down a little bit today as we.....GASP.....await the FED meeting (vacation with the elites) in Jackson Hole. A totally...
OK.....NVDA day is done for now. So moving on. Into Perspective: Soft August Flash PMIs...
Since I bailed out of NKE today before the close.....ALL eight of my stocks were UP for the day. I also beat the SP500 today by 0.69%. BOTH of...
Here is more NVDA coverage including a report on their next processor which is to release in 2024. Nvidia just made $6 billion in pure profit...
As to buying 150 shares of NVDA yesterday. I started out thinking perhaps I should buy 150 shares and do a short term trade on what I considered...
Here is more detail.....from the company itself. NVIDIA Announces Financial Results for Second Quarter Fiscal 2024...
Looks like a HUGE BEAT. Nvidia tops estimates and says sales will jump 170% this quarter, driven by demand for AI chips...
Yeah Smokie....I was doing my final research and typing a post when Emmett and TireSmoke posted. I could see NKE if their problems were pandemic...
I have not had a chance to digest the NVDA earnings since we just got back from DQ. Love the small chocolate dipped cone that has been on sale...
HO-HUM.....I am going out for an ice cream cone. I will check the NVDA earnings later.
OK....got all the accounts cleaned up and in line with each other.....NKE is GONE in all of them and replaced with more shares of HD and COST.
Now I have to go into all the acccounts that I manage and do the same thing with NKE.
So.....I am now left with ONLY eight stocks. I like to sit between ten and fifteen stocks. BUT...there is nothing that I want to add right now....
WELL.....I talked myself into selling NKE. After looking at my account and doing some calculations.....I sold all shares. I moved the proceeds...
NOW I have myself thinking about NKE. The stocks returns have been poor for a while now. Using my total Return Calculator....here is what I see....
I am going to have to give this company some thought some time over the next 6 months. Nike Suffers Record Losing Streak on China, Inventory Woes...