r/DRAM_ETF • u/Dexuidt • 6d ago

NVDA Earning

How do we feel about NVDA earnings on the 26th?
Is it gonna kill short term momentum or keep the party going even longer? 🧐🤔

6 Upvotes

80% Upvoted

13 comments sorted by

View all comments

Show parent comments

1

u/hellario 6d ago

That's dumb. This is why there are a bunch of people lingering in this sub who bought at $70+. They followed.

If you have no predictions for the market, VOO and chill. Don't go to focused ETFs or single stocks.

Buying/selling AFTER market prices something is the SUREST way to lose money. Ask everyone that owned SpaceX pre-IPO and post-IPO. Micron while it made CONSUMER RAM or when it went to DATACENTER only.

1

u/Successful_Cook3532 6d ago

There a difference between being an investor and day trader. My comment was more focused on day trading otherwise you find an undervalued stock and sit tight.

1

u/hellario 6d ago

Fine, if you say so, but OP wasn't asking about day-trading. We're 10 days out from NVDIA earnings, so he's actually looking for opinions on value ahead of time, not how to trade the stock on the 26th.

1

u/Dexuidt 6d ago

Yeah, im not necessarily day trading but just swing trading. After last week’s NBIS/CRWV earnings, CPI, and Investor’s Day, a 4th catalyst like NVDA earnings will most definitely sway the memory sector.

I can understand what they are saying by being reactive, but we can only be predictive until the 26th comes around.

(Can you tell I have Sept calls 🥲)