We Are in Bear Market

Looks like @harriet can start dancing :dancer: on NVDA:

Those are high P/E and P/S :slight_smile: running on zero profit and not cash-rich. Cash rich can buy back shares.

AAPL is cutting production. Did it start major buyback?

MU has a PE of 3. :smile:

I’m more interested in MU than NVDA. Come on get down to the 20s!!!

Refer to the Apple thread.

$20??? for NVDA?
I am catching NVDA katana, 6 shares at a time. Not ready to jump in with 100 shares yet… closer to $100 I will.

If NVDA goes to $20 south bay is half gone.

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Santa Clara becomes a ghost town.

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Screamer-in-Chief you buying NVDA? I know you are itching to dance.

Not yet. I buy on uptrends. It’s still sinking.

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Netflixs death cross is the third for FAANG stocks and Nasdaq Composite is next - MarketWatch

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What exactly is a “death cross”? I know not… :rofl:

Santa Claus rally cancelled?

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Santa Claus rally can start as late as 2nd week of Dec :smile:

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It means you would get into financial trouble if you don’t wire $1M to me immediately.

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So greedy… :rofl:

This is huge discount for all the FAANGs. People buying today should be very satisfied in the long run.

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Market seems to be too Crazy, going on recessionary mode !

AAPL hit $179 today

Panic selling or margin call.
Monitor to see whether today is a reversal day… gap down and close green.