Week 34 is in and there is some news here. I started shorting NVDA.
Stock 2: PLTR
I am waiting. Keeping the short.
Stock 3: TSLA
Some more bad news came out regarding the German factory and, of course, Scammer Elon posting shit all day on twitter, focusing on xAI and government contracts. He is not focusing on Tesla any more. I smell significant potential to the downside very very soon. I might need to top up the short as much as I can again.
Stock 5: NVDA
Out of the blue I looked at the chart of Nvidia on Wednesday, saw that it was just crazy, it needed to fall just out of logic, and placed a small short bet at 193$. I didn’t read when numbers will be coming out or what else is up with the company at that time. Later that day I realized quarterly numbers will come out the same day and thought to myself danggg what did I do?! But my gut feeling was correct and the short became successful. Let’s see what will happen, for now I will keep the position open. This company had it all and even the best numbers cannot bring the price of the stock any higher. I mean, look at this chart. No company can keep this up alone with trillions of Dollars in market value. As there are almost no end customers buying nvidia chips, it is all big companies round tripping money. Once a big company pulls out, where is the profit coming from? Very risky and something is wrong with the whole story. Therefore it must be a short by at least 50%.
Numbers
So here are the numbers of week 34.
The profit is at around 345% now (€8694 – €1950 / €1950).