There's only one more meme rally left before CBDC's. I expect Nvidia to meet guidance for earnings, will spike up and then crater.
There's some cheap puts for .20 for 500 strike price for July. Will probably be 450 after it's all said and done when it bottoms out. Which is a 2,250x return if the stock did crater! Couldn't rule out a flash crash. I think if we wait till next week to buy the puts it'll be cheaper, maybe .15 which is a 3,000x.
They will definitely soar when the FED ends up cutting rates after the BOJ sells treasuries and BRICS unveil their currency.
If Trump wins our country will convert back to a gold standard. If Biden wins they will try to usher in a CBDC. Better own some food, land, ammo and precious metals comrade if you do decide to vote against "Mean Tweets"...
Did you know the Founder of Core Weave used to work for Enron? Did you know they have no experience in this industry due to a past job trading futures? Sounds stable...
I still think we'll get a crash coming up - maybe before it even splits! Dark Pools are buying bearish leveraged etf's on SPY. Check my latest idea out for more info...
You can see a ton of buying before it topped - but why the dark pool transaction now? Is someone getting out of NVDA without upsetting the apple-cart? There's really no reason to buy via dark pool right now...
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Nividia correlated with gold shows that this market is a rigged meme market. Gold is also double topping out... ibb.co/2Wc95wq
Analysis of Nividia's 10-Q is really insightful and terrifying to say the least. Here's a juicy peak:
"“Most of our sales are made on a purchase order basis, our customers can generally cancel, change, or delay product purchase commitments with little notice to us and without penalty.”" "Hold on a second here, is Nvidia telling us most of their sales are “purchase orders” that can be canceled anytime without penalty? That’s what it sounds like, doesn’t it?"
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Here's one more (and if you believe China will invade Taiwan then you better read this):
“In addition, geopolitical tensions, such as those involving Taiwan and China, which comprise a significant portion of our revenue and where we have suppliers, contract manufacturers, and assembly partners who are critical to our supply continuity, could have a material adverse impact on us.”
and
“Our Data Center revenue in China is down significantly from the level prior to the imposition of new export control restrictions in October 2023. We expect the market in China to remain very competitive going forward.”
12 standard deviations, not sustainable. DOJ announces investigation into them and Microsoft. Doubt the investigation will lead to arrests, but it helps to execute while price is being reset after the fall so that everything can be cleared for the next pump.
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Death Knell - Cramer just said keep buying Nivida NVDA...
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