Talking Stocks 2.0

[huncho]

Originally Posted by 330ci

Been my strategy. Some are down upwards of 70% from my buy in price still, and some are up 100%. My portfolio is +4% overall in the past 3 months and -17% overall the past month. DCA to the bottom, and slightly up the rebound, although my profit outlook is more 5-10years at this point. I think a 2024 rebound would be a miracle with the current global climate. But I've been wrong plenty before. I'm certainly not buying large blocks of anything, slowly but surely I've been adding to 30 positions to mitigate risk and it seems to be working out despite the heavy swings.

what stocks you been buying/eyeing?

Originally Posted by SDGT3

Not a market timer but have been keeping powder dry since Jan with no new investments in the market but ready for deployment. Things that I've been targeting have kept going down then back up in July and now back below where I thought an entry point was.

Personally don't see any upside and probably won't for 2 more months until the midterms are completed. Not a political statement but historically, if there's gridlock in Congress, the market likes that. If Dems keep control, I can see further lows post Nov. followed by deep economic recession in 2023.

i guess i'm a bit more optimistic than you and think the situation here in the US isn't as bad as the doomers are making it out to be, assuming inflation stops coming in hotter. the economy doesn't really seem too bad, at least for now, and i think we have a long way to go until it starts to resemble a 2008 type of apocalypse. regardless it sounds like you were referring to large cap stocks if they're making lower lows. most of the stocks i'm looking at have yet to even come close to the same lows in june so we'll see

Originally Posted by 904VT

I've been thinking the same for my personal portfolio. I think Ada Lovelace will be very impressive when announced later this month. I'll probably be picking up a 4090 myself for both work and pleasure. It seems like they will supply a large number of AD104 12 GB 4080s to the market if rumors are correct as well as their supposed request to TSMC to reduce their purchased 5nm production lot. From what I've read TSMC said no and NVIDIA was given the option to delay some production rather than cancel. They also need to help TSMC find a customer to take over production during that delay. From what I can tell:

AD102 4090 24 GB comes this Fall
AD103 4080 16 GB comes this Fall, but after 4090
AD104 4080 12 GB comes in 2023 and is the gamers card

Shorter-term if what it think happens does happen, NVIDIA will miss out on miners this round with the 4090 and delay the mass gamers card the 4080 12 GB until 2023, thus selling 3000 series remaining stock. This 4090 and 4080 16 GB early release model will piss off gamers and NVIDIA will loose goodwill until Q1 2023, at which point they will really ramp up production on the 4080 12 GBs at a reasonable price giving gamers all the cards they want. So shorter-term buying opportunities, followed by price growth is what I'm looking at. Not advice of course, just what I'm looking at for myself.

with ethereum merging this month and going away from mining it will be interesting to see what happens with the graphics card market. i believe btc's price right now is right around (or slightly under?) break even for a lot of miners as well. i also think nvidia was in its own tier of bubbles during this covid run so i feel like it can easily do another -50% lol