Retirement Blues

Jazzbumpa Blogspot. This should be the best time of life, but . . ..

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Jazzbumpa.blogspot.com news digest

  • 9 months

    NVIDIA Revisited

     On August 26, 2023, 5 days before it a new closing hi at 493.55, I wrote a critical post about NVDA - the stock, not the company.   After that, the stock took a nose dive, falling 16.9% to 410.17 on 9/26/23.  That would have been a good buying opportunity...

  • 1 year

    Test Post

     

  • 1 year

    Some Thought on Nvidia

     This week, NVDA wildly exceeded revenue guidance, posting $13.5 Billion vs the expected $11 Billion, an increase of 101% over the same quarter last year.  Impressive - no?
    On Thursday, the stock hit a new intraday hi of 502.66 just after the opening, but then fell the rest of the day, losing 31 points and closing at 471.63, a fraction above the day's lo.  [Graph 1, From Yahoo Finance.]...

  • 2 years

    Taking Stock - Sept 20, 2022

    The Indexes stayed close to the neutral point for most of the day, then turned up before 3:00. The SP 500 finished at 3899.99,, less than a point below the late day hi, for a gain of 26.66 [0.69%.]
    This week the Fed will have a two day meeting to set policy. Another rate increase of 0.75% or more is expected. This is not surprising, since, as I pointed out on Sept 1, the Fed is far behind the market-set 3 month T-Bill rate. [Link below]...

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