GraniteShares ETF Trust GraniteShares (NVD) Quote

That NVDL bounced paid nicely!

Moving to NVDL for the bounce.
Nice run up for NVD!

And it always ends, 🐑🐑🐑 being slaughtered

$SMCI now skydiving without a parachute...ties to NVDA

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175143260

https://justdario.com/2024/09/here-comes-the-panic-but-no-worries-it-will-be-very-slow-at-first/

Great opportunity to get loaded up. Jet can suck it!

$$!!
Some of the comments over at NVDA
I’m seriously shaking my head at the pure lack of intelligence from some.

Loading $1.79 and lower

Algorithms running wild prior to trading session open...it's going to be interesting to watch derivatives bid meet real selling...

BOJ will cave to market and political pressure. It's their turn this evening...BOJ policy has been exact opposite of FED policy.
@DarioCpx
what we are seeing is the result of BOJ + FED tag team coordination to pump stocks as much as they can so all those that need out from JPY carry trades find liquidity (article below for more details).

stocks reacted positively right after the FED cut, but the selling pressure was so strong the BOJ had to unleash a huge JPY money printing kraken to flood the market with liquidity and heavy lift stocks back up
https://justdario.com/2024/09/what-if-banks-are-coordinating-with-the-fed-to-liquidate-tens-of-billions-of-troubled-jpy-carry-trade-positions/

Glad we have the FAKE FED rate cut out of the way. Futures are signaling strength so far in extended but I wont buy it.
Gonna be blood this season!
Choose not to participate except poaching and scalping.

@FinanceLancelot
$NVDA's 3rd largest customer $SMCI won't be able to file their 10-K even after the 15 day grace period due to "accounting irregularities."

If true, this would confirm $NVDA's vendor financing/round trip financing is imploding.

When SMCI filed Form 12b-25 for a late 10-K they did NOT check the box under Part II of the form.

This indicates that they do NOT expect to file the 10-K within the 15-day extension period.

@FinanceLancelot
Jensen Huang is selling $NVDA as fast as he "legally" can.

Look at the amount of selling compared to the past 5 years.


taking out whatever he can before the music stops??

I think you're right. I'm not trading anything this week. Acquired some Oct puts on NVDA and META and that's it for now...

I’m letting off NVD a bit as it’s hitting upper levels of the day.
UVIX sold earlier,(some).
This week can do anything. Powder dry is my strategy from here on out.

Next week is an important week to watch:

The FED announces its interest rate decision Wednesday.

Japan announces on Friday.

And $SMCI missed the grace period for its 10k - so keep an eye on that and $NVDA.

Reuters:
"Investors were also looking to the Bank of Japan's interest rate decision next Friday, when it is expected to keep its short-term policy rate target steady at 0.25%.

BOJ board member Naoki Tamura said on Thursday the central bank must raise rates to at least 1% as soon as the second half of the next fiscal year, but added that it would likely do so slowly and in several stages.

"The BOJ is perceived to be going in the different direction than the Fed - in 180-degree opposite direction," Velis said, adding that whether and when the BOJ raises rates remains an open question..."

http://Forex.com
"The Japanese Yen has rallied a staggering 13% against the US Dollar over the past three-months with USD/JPY plunging to a fresh yearly low on Friday.

The decline takes price into a major technical support zone and the focus is on possible inflection off this mark heading into next week’s highly anticipated Fed rate decision.

Battle lines are drawn on the USD/JPY weekly & daily technical charts.."

$1.78 going in hard!

Interesting
He is unprofessional usually.
Thanks!

This might explain why NVDA board has been quiet:

 "Suspended"

https://investorshub.advfn.com/boards/profilea.aspx?user=31528

Loading from here down...

The "NVIDIA effect" visualized:

Want a crystal ball? Continue watching Nikkei. This is how the Nikkei closed earlier, clearly this market doesn’t hold up very well as soon as real sellers show up. No need for further comments

Just in case - fasten your seatbelts

Traders are so sure about the incoming FED rate cut next week that T-Bills are now fully pricing it. However if the BLS “political support” for the current US administration is fading and, like it did with the NFP last week (post below), the BLS decides to show markets a CPI number closer to the real one in the economy and hence well above analysts expectations, you better be ready for one of those shocks that don’t happen very often. 👀

Not only it will show how the FED hands are now tied behind its back but it will make clear to everyone a rate cut would be just a political move that goes against what these markets need to stay afloat (flaring up #inflation will sink the US economy even more too) - more details here: #JustDarioDaily

⚠️ IF THE #FED CUTS RATES, THE DAMAGES WILL BE FAR GREATER THAN THE BENEFITS ⚠️$USD $JPY $EUR #stocks #macro

Article 👇🏻https://t.co/twZpiNK2cs— JustDario 🏊‍♂️ (@DarioCpx) August 20, 2024

Beware -
@realDonaldTrump
vs
@KamalaHarris
debate will come up before the CPI and if the VP doesn’t perform well many traders might decide to anticipate the move with the related effects likely already visible during Asian hours tomorrow. @DarioCpx

NVDA Chart:

That's the week. It was the worst week for Tech stocks in over four years, since March 2020. NVDA magnifying the fall.

This is the chart of the week by @SuburbanDrone:

lol. I just seen what you're talking about. I usually have the echo chamber on ignore. The only time I interact w/ the echo chamber is if I'm bored, otherwise I'm too focused on my goals. I don't engage in battles that don't matter, or exchange insults, or argue w/ fools.

Eagles soar above and don't henpeck with the chickens all day. Though sometimes I'll ruffle some feathers, but I use news articles focused on NVDA, as opposed to personal insults. If it has no impact on my destiny, I ignore it and laugh at off. Nothing but fodder bait for fools.

Actually, last night was brutal. Nikkei was down 4%! NVDA trades overseas too. Futures were down. The echo gang doesn't pay attention to things like that, or understand how it impacts NVDA.

Wondering what BOJ/Nikkei will do this evening...

Asian markets wrecking $nvda last night:

Once NVDA breaks $100, it's game over. I think it's going to be a long night ahead for the BOJ. It looks like both, JPY Carry trade and NVDA unwind, are in play at the same time now.

Dis-Inversion of yield curve on lowest job openings in years and retail traders are pushing markets. If not red by end of day, I suspect tomorrow will be a deep red day as big money sells or shorts. The algos will flip.

There's some on NVDA thinking this is a good time to jump in. They didn't do their homework!

We are right on the cusp of NVDA shifting to the downside in a big way.

Blessings Brother

I see you have encountered the same BS as I over at NVDA board.
A few of those guys are whimpering cowards, but luckily there are some professionals and decent people.
Keep your chin up.
It’s lessons like these last few weeks that help open their eyes to how we trade these bloated pigs called publicity held companies.
They, (almost all), are deceptively corrupt.
Blessings of Christ!

Probably right.
I’m lowering share counts on a few. (Fed junk is looming)

Up almost 20% today. May be a gapper tomorrow morning after Asian markets do their thing.

15%
The NvDA board is full of broken dreamers.

NVD.............................https://stockcharts.com/h-sc/ui?s=NVD&p=W&b=5&g=0&id=p86431144783

It's highly abnormal for a $3 trillion stock to have 50% swings. It may prove imprudent to hold a stock like NVDA that is more volatile than MSTR. History has shown that external factors impact NVDA price more than internal factors(permabulls focus).

The JPY Carry trade is the current wild card that, as we saw at the beginning of this month, can easily spoil any plan to keep the status quo.

Looking to acquire Sept-Dec PUTS this week.

Nikkei was closed Friday. - I'm curious how the Nikkei responds to what the BOJ and Fed just did. JPY is at 144...

1.74$ sold also!
Out

Sold $1.72
See ya next week!

I’m shocked how many are the blind sheep to the slaughter. If you even speak to them about caution, the mocking and ridiculing is immediately apparent.
Sad really.
Gl

BTW, that post is Bearish for Nvidia, not for NVD 2xshort.

It indicates the crashes that followed each rally, such as the set up now:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174951612

Mac10@SuburbanDrone - "As of yesterday this is now the largest 10 day gain for Momentum Tech in 18 years of ETF history.

As we see, the next three largest rallies going back to the pandemic, all imploded (crashed).

February 2021 was particularly spectacular."

I think this record "melt-up" rally will be followed by a record crash. Could happen any day now, but I think the risk is highest towards the end of this month going into Sept.

Once NVDA bubble pops, that's it for the AI bubble. All this rally did was set things up for a bigger crash.

I picked up some NVD shares right after the close.

I Completely expect all kinds of growth in these AI/iOt technologies but there is still a HUGE bump in the road before that really gets its next momentous move up.

The only problems outside of shitty valuations, …everything else in the world.
Blessings

"Nvidia earnings are next week (Aug. 28th). The entire AI super bubble is now dependent upon one company as SMCI and Dell imploded over margin concerns. And the cloud service providers (MSFT, AMZN, GOOGLE) imploded over growth concerns.

This is already tied for the biggest earnings-driven melt-up since the AI bubble started."

Mac10 Chart:

I’m full of this, TSDD,BoIL,SKRE,and PSQ!

Not worried but excited about the coming of the King in the clouds!
Blessings

We may be getting close to seeing a major reversal. Looks like Nvidia is getting ready to crash.

Mac10 Chart on NVDL (not NVD):

I thought this was very interesting by zerohedge:

Yen Carry And AI Bubble Are The Same Trade

$2.59 loaded

$2.59 filled! Come on down!

$2.67 for the re-loading start.
Tomorrow could be bloody in the markets.

Since the NVDA split the “Longs” are suffering. The real money was made already and when the war picks up in the Middle East, lots of stuff will be on fire.
Especially hot air filled koolaid stands.

Keep your powder dry!

They were warned, now the inverse ETFs are off the charts.
GL

Yes, you have great wisdom.
Bless you and yours.
Dubster

"offered a different perspective and style."I probably won't post much on the NVDA blog. Some are married to that stock. Information contrary to their cultist-type psychology is viewed as a personal attack. Their focus is too narrow. All the good things NVDA is doing, along with any bad things, such as the antitrust investigation, is ominously overshadowed by the "big picture".

NVDA is the largest house in the forest. That house is surrounded by a sweeping fire, making everything going on inside that house irrelevant. Once the bear market is in full swing, and the hype over AI ends, a bloodbath will ensue. The same type investors existed during the dot-com era, and every other bubble era. They are in a state of denial, ignoring the forest fire (signs/red flags) that surround them. I don't think their cost averaging plans will work in this over-inflated, over-valued market. Some will pay attention, while others will go down with the ship.

While I do foresee the worst crash in history, I also foresee the greatest recovery...possibly starting sometime next year?

A wise mechanic once told me: "Anything can be fixed, repaired and restored to something greater than its original condition." - I believe the next administration will do that.

Bizarre times we are in...

Well, here we are at the closing of another trading week.
They hated me over there for my views. I am green all over, "they" are red faced and red positioned. I didn't do it to them.
I merely offered a different perspective and style.
IN/OUT- No holding of publicly held companies ever again!
All, especially AI and IoT are satanic manifestations of evil greed tools. (I was an executive in the Ai and IoT space for a very large telecom for 22 years, I am sorry). I know that most of this technology was not invented by humans.
Hate me if you want but it made me retire early. (Good to better). Praise Jesus

What is the internet of things (IoT)? (some new definitions from a quick search)
The internet of things, or IoT, is a network of interrelated devices that connect and exchange data with other IoT devices and the cloud. IoT devices are typically embedded with technology such as sensors and software and can include mechanical and digital machines and consumer objects.

These devices encompass everything from everyday household items to complex industrial tools. Increasingly, organizations in a variety of industries are using IoT to operate more efficiently, deliver enhanced customer service, improve decision-making and increase the value of the business.

With IoT, data is transferable over a network without requiring human-to-human or human-to-computer interactions.

A thing in the internet of things can be a person with a heart monitor implant, a farm animal with a biochip transponder, an automobile that has built-in sensors to alert the driver when tire pressure is low, or any other natural or man-made object that can be assigned an Internet Protocol address and can transfer data over a network.

Bla Bla Bla

Blessings of Christ Jesus!