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$NVDA earnings: NVDA stock holding up better than I expected given that Blackwell chip ramp running a few months late, and NVDA missed 4Q whisper #s. That said NVDA mgmt made clear that demand will exceed supply through 2025. One concern was progression of gross margins in C2025 as Blackwell chips ramped up, with CFO suggesting gross margins would be low-70s during 1H (71-73%) before increasing to mid-70s (74-76%) in 2Q.
My overall sense: $NVDA will shake off the 4Q whisper miss, and move to new highs driven by continued demand that far exceeds supply.
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If you are a new trader there’s no reason for you to be losing heavy or down bad on plays.
Learn while you trade, and take it step by step.
Understand that you don’t know much yet.
It takes years until you do.
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Here are some trading ideas for Friday.
1.) $TSLA
A chart is worth a thousand words.
-TSLA broke out today and ended the day strong. It also regained 200sma weekly which is important.
-TSLA is heavy on capEx. Heavy rate cuts would benefit it.
-Oct 10 RoboTaxi is not too far away. Today's news: Heavily disguised Tesla Robotaxi prototype spotted around Warner Bros studio.
For Friday, 250 is a magnet. 255-260 is short term PT if market remains strong. I would go with +2.5 OTM call if it gains momentum.
Disclaimer: no position
-cont
🚨High conviction setup: $GOOGL
Google has officially entered a bear market.
Google has a daily gap below 145.60 that drops to 143 fast
Below 148.95 can drop to 145 then to 143.. lets keep an eye on Google, this will work if market continues to sell off.
📉below 148.95 ➡️ 143p 9/12
Or if you want to wait for just the gap
📉below 145.60 ➡️ 140p 9/12
🎯 target is 143.73-143 to be all out of puts.