Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: da_spot who wrote (18708)	4/26/2024 5:47:24 PM
From: Sun Tzu	1 Recommendation Recommended By da_spot Read Replies (1) \| Respond to of 26439

I can't remember if I said it here. Yesterday I got a buy signal for NVDA and took profits on the remaining 30% short positions that I had. The buy signal was confirmed today and remains in effect for next week, unless NVDA closes below the low from yesterday. LABD is now my largest position. XBI has fallen so much that despite today's move, the chart is still bearish, though it is showing signs of coming back to life. I have no problems switching to the other side if the turn around continues. But I think the interest rates are still too high for a sustained rally in these guys.