Can’t lie since last week it’s been insane, we had the tesla fomo last week, meta tanked, Msft tanked , Amazon stale. 

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I believe Nvidia shall test its all time high in May, '24 Reasons: Alphabet and Meta are commited to considerable AI chip spend in 2024. Nvidia's Blackwell is the best in its class as of May, '24. So it is highly likely that a considerable portion of AI chip spend in next 1-2 quarters may flow into Nvidia coffers. Nvidia has corrected [140 US$ = ~15%] from its high of 970 US$ in Mar, '24. This makes it an attractive entry point for investors who still believe in semi-conduction/AI/Nvidia growth story. Market expects Nvidia to present a strong quaterly performance and a positive guidance for '24. Fed Powell has indicated that there will be no rate hike and has still kept option of rate cut in Jul, '24 on the table.

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Meta stable universe false vacuum decay is you guessed it, priced in. 

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I was following candle stick of AMD, Tesla, meta, nvida, Apple, spy, VRT, and couple other stocks - almost fucking identical during that time

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Here's an alternative 1. SMCI = Actually came in flat and reguided upwards on full year outlook. People need to understand that SMCI is a fraction of Nvidia's business. VRT is a great company and also a great partner in this exact same space so diversify that holding. Next, ASML guided upward the exact same way. More to come towards the back half of the year. Buy the dip. The reason for this is that their business model is completely different and cyclical to Nvidia's. 1 is pre-sale nvidia and 2 the other is post sale installation to nvidia. To put it in perspective, Jensen just delivered the 1st H200 to OpenAI. That took me by surprise. The 1st? I thought they had a million of those things out by now. 2. Supply chain constraints are the lifeblood of Nvidia's business. This is simply supply and demand microeconomics. While it may hurt an SMCI it does nothing but drive Nvidia's prices up. Also, this has a smoothing effect that I think will play out with Nvidia just posting strong earnings because it's not even fathomable how many chips are needed and what is even actually out there. 3. Everyone that is directly relating to Nvidia is actually posting good news that nobody is paying attention to. Samsung just had record earnings from selling phones and HBM memory. TSM reported strong demand for AI chips over their other chips that have nothing to do with Nvidia. Qualcomm just posted AH good earnings. Meta, AWS, Tesla, and Microsoft all reported increased CapEx spend to just purchase and do more and more AI. Meta got hammered for spending too much on AI lol. It's crazy. 4. Bonus. Nobody caught this zinger on the Microsoft call and this directly relates to Nvidia. The throughput you can obtain from Microsoft is being crushed downwards because they don't have "enough" capacity. They posted a +7% AI spend for their Azure revenues. An analyst asked Microsoft why wasn't it higher (effectively) and the response was because they just don't have the capacity to meet the demand. I can verify 1st hand this is true. They even went further to say that for Copilot they have dedicated capacity so that the demand doesn't affect Copilot usage. 5. I think Apple is a sleeper here. What better time, unless they drop after earnings, to buy Apple. If there is a time to get in it's now. The Rabbit and Pin are stupid and people will do all of those things on the IPhone and Galaxy phones. No need for another device. It's coming. QCOM Just reported strong growth on strong demand for the newest and latest AI phones. How will that AI work? From GPT on the Iphone. Your calls may be fucked

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Shit, is this the next meta for politicians? The new super-duper-PAC?

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Innovation is value and value =stock price increase except for meta and the metaverse

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Tech companies absolutely do not just make one product would you consider apple, meta, google and Microsoft to be tech? Or are you just talking about purely software companies?

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The reason why most people here lose money is that they’re too busy being in fear instead of buying the blood thinking it’ll keep crashing. If you’re not buying NVDA META and Bitcoin here you will never make it and then months down the line when you miss out, you’ll try to call a top and call everything a scam again for the 6th straight time this year

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The best barometer of the economy's health is corporate workforce security. Tesla chopping 15,000, META cleaning out the floors, Starbucks chopping, etc. Just look and see the primary holders of these shares. They large institutional capital entities: Nuveen, State Street. Black Rock, Mellon, etc. The best and the brightest investors wouldn't authorize jobs "executions" unless it made sense to have a head count that is 15% less over the next 2 years. In their view the tide....going out.

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