markets tanking cause of deepseek !

[sprite09]

sell everything!!!!

 

[K Douglas]

Nvidia and Broadcom are down double digits. Don't panic and sell I say buy buy buy.

 

[sprite09]

Nvidia and Broadcom are down double digits. Don't panic and sell I say buy buy buy.

yup, bought some calls on nvda

 

[rajput]

this is great

 

[sprite09]

this is great

indeed it is

 

[jalimon]

In the long run, this will help Nvidia and other chipmakers. Opportunity to buy! I sold pretty much everything else 3 months ago. Too soon but damn we can never know exactly when to sell...

 

[speakercontrols]

sell everything!!!!

<2% drop in a day is normal. Whatever.

 

[jalimon]

<2% drop in a day is normal. Whatever.

I think he was talking specifically about Nvidia who seem to be 13% down?

 

[Robert Mugabe]

I think he was talking specifically about Nvidia who seem to be 13% down?

19% and still tanking. The whole stock market seems to be in cahoots.

 

[sprite09]

I'm being sarcastic

 

[Robert Mugabe]

NVDA down huge today!!

https://www.cnbc.com/quotes/NVDA

NVDA is the biggest stock market loss in history according to the internet.

 

[jalimon]

NVDA is the biggest stock market loss in history according to the internet.

It's loss of value. It was way overvalued as we saw today. A big value based on the assumption that AI software needed special processing power for which Nvidia was the master. Now we know it's not the case

 

[stinkynuts]

I have a history of buying crashes way too early. I bought Meta when it crashed a few years ago. However, it just kept tanking forever. Maybe NVDA will have a similar long drawdown.

I knew the AI bubble had to pop sometime soon, that's why I stayed away from it. However, I may buy back in.

 

[rajput]

New all time high for Walmart

 

[mrcheeks]

S&P and TSX did OK today.

 

[Adam_hadam]

Bought NVDA yesterday, sold it today, easy 8%.. Classic dead cat bounce.
What will tomorrow bring?