SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (56109)4/10/2024 11:08:43 AM
From: Lou Weed  Respond to of 56532
 
Hi TJ -

Picked up some ARM on the dip this morning to start a new position ($125.90)

Got stopped out of TNA last week.....

Will look to add some NVDL if there's a sustained break up from this recent correction.



To: Trader J who wrote (56109)4/10/2024 11:21:53 AM
From: Lou Weed  Read Replies (1) | Respond to of 56532
 
Picked up some BKKT @ $0.51 with some play money. Been in and out of this over the past few years with some good results.



To: Trader J who wrote (56109)4/19/2024 3:31:19 PM
From: Lou Weed  Read Replies (2) | Respond to of 56532
 
You got your wish on NVDA - in the $760s as I write!



To: Trader J who wrote (56109)4/19/2024 4:20:24 PM
From: Zen Dollar Round1 Recommendation

Recommended By
Trader J

  Respond to of 56532
 
We had been in a tech bubble for awhile now, led by the AI revolution and big names like NVDA.

As you say, corrections like the one we're currently in are healthy for the market and we're nearing 10% for the Nasdaq. It's currently off 9.24% from its high.

That said, if interest rates remain unchanged this year and inflation stays steady or rises slightly, Mr. Market won't like that and it'll be much harder to find profitable plays in the near term.