@denis_forget@Beth_Kindig Thanks. i’m thinking of all kinds of replies where I would parallel it with cooling myself off after working in the yard but they would all be corny dad jokes so I’ll refrain.
It's interesting; as I get older as a trader, I believe I have more time to generate profits. As a young trader, it often felt like time was against me, compelling me to try and make money every day regardless of the market environment.
Today, I opted out of day trading, a decision my inexperienced former self would've been overwhelmed with FOMO.
However, it becomes apparent that the more time you perceive you have, the better your short-term results tend to be. This is due to your decision-making process evolving towards increased efficiency.
Nvidia is a cyclical (not a recurring revenue business)
Stock is currently in STAGE2 uptrend and it'll eventually form its STAGE3 top before tanking 40-50% or more during its STAGE4 decline.
Cyclicals are most risky when they appear "cheap" after a monster run.
$NVDA
Rapidly growing, disruptive companies at the forefront of secular business trends create tremendous value for their shareholders.
The bulk of the stock market's gains have always been powered by a small % of compounders.
Holding during Stage 2 + selling in Stage 3 works!
When the Fed loosens monetary policy (QT taper and rate cuts), it will cause:
- Pick up in economic activity / growth rates
- Multiple expansion
Both will benefit disruptive, rapidly growing businesses. The secular compounders will shine again.
Google $GOOG is updating Search to feature generative AI results at the top of the screen. The feature is now coming to all US users and will soon roll out globally.
$MSFT $AAPL
✅What those in power think is fine:
-Brokers trading against their clients
-Funds buying all the single family homes and renting them back at a steep price
-Politicians Trading On Insider Information
❌What those in power think is unacceptable:
-Buying $GME and $AMC