Nvidia Stock Crash | Where I Went Wrong

Hey guys, So in this video I go over what happened with Nvidia's last earnings report and why the Nvidia stock crash was justified and where I went wrong when I started my position too early.

***TIME STAMP***

Intro:0:00

Earning Pros: 1:34

Earnings Cons:3:41

Take Away: 8:18

Where I went Wrong: 10:49

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DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only.Your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion on financial topics with no guarantee of gains or losses on investments.

[PositiveInvesting]

The Ceo lost a lot of credibility with Wall St after this earnings. I'd be cautious moving forward, especially in the shorter term.

[patriciapeever]

Great video...I feel stupid..I bought nyvidia at $273.00 a share.i feel bad it went down the next day BIG TIME...I SPENT $6000.00 DOLLARS..WHAT SHOULD I DO....

[ush]

Hi just had a question about selling at a loss. for example i bought some stock and it was doing well for the first few days now i didnt sell it. it has since fell hard, now the company is big so i know the stock will bounce back eventually. I'm just wondering is selling at a loss a smart trading idea in the long run, as now most of my capital is tied up in this stock. i'm interested in small money day trading just as a hobbie. My goal is to gain a 1-2 % and move on.

[matthewmayer]

You know it's great content when a 23 minute video feels like five minutes.

[planedoctor]

I took a hit with this drop also. I have a third of my portfolio in this at the moment. My core beliefs in this company have not changed and the future looks bright. I invest for the long term 10+ years for my retirement and currently trying to convince myself that if I can be positive in this position in 1.5 years I will let it ride. I hate with a passion to give up this loss for good by selling. I keep reminding myself about Buffets words and many others that in the long term markets will return. Yes, it would be dead money but I would not have to worry about when to jump back in and could also buy more on the way back up. I appreciate your videos, keep up the good work!

[deanotto]

So you think it’s still going down and your willing to take more losses? An important thing in market is to limit your losses.... why not sell now and buy back more shares when it goes down? That way you have bigger gains when it goes up, and not just making up for the loss on your original position?

[andyprem]

no matter what the CEO said how can you not know NVIDIA is the main player in Crypto mining

[frenchyalicea]

This is exactly what ive found to always be the case. When Cramer and every analyst is pumping a stick like NVIDIA, I stay away and am cautious not to follow the hype. Lisa Su stated that crypto was not a huge focus for them and they had a ride up share price wise. I put a few things together that on the surface didnt seem to be connected yet were rubbing me wrong. Such as Tesla getting off NVIDIA's unit and developing their own. Cashed out of AMD at $32 from $12, and yeah it went up a touch more but we all see where it is now. NVIDIA IMO will take a whike to digest inventory etc etc, and even then im extremely cautious with them. Its what i like to consider the fb appearance, everyones been saying "oh they have 0 debt its an obvious buy on the dip everytime from 200 on down to current prices. I preferred to wait a lil more just in case and also because the midterms were occurring. Im looking at Tencent and maybe buy and avg shareprice lower in fb, but NVIDIA...no not yet. Everyone can say "oh but every car mnfctr is using or going to use their units..." but truth of the matter is all companies aside from Tesla have been dropping in sales. And I like to take in as much of the picture I can to identify and positive catalyst or negative events that can effect the #'s.

[icecat]

What semi conductor stock has the best business moat? Is it LRCX?

[jpdominator]

I am astonished that they said that crypto wasn’t the reason for their boom. It was nearly impossible to get cards when bitcoin took off. They were being bought and resold for absurd prices because people would pay for them - because they were mining. Warehouses were filled with hundreds of racks, full of video cards, just to mine.
I pulled out of all of my positions when I dropped 25%. I didn’t feel I had good footing in this uncertain market.

[johnforeman]

You can never feel betrayed by the CEO...unless you're an insider...trade on!

[JuanRomero-uxrv]

I bought some at $162 because I’m a swing trader mainly, and it looks like there is a lot of support at that price in the chart, the level 2 at that price it was crazy, loaded with buyers, l mean tons of money going in at that price, maybe it doesn’t go that much lower than that. just my opinion I can be wrong, if I’m wrong I will my cut losses. Great video like always. Thank you!

[ThePokersurfer]

Listen to the earnings all about crypto mismanagement?
Here’s an investment report from today:
Nvidia (NVDA) fell by 19% after reporting a revenue miss in the third quarter and weak guidance for the fourth quarter. Nvidia’s graphic processing units (GPUs) are used to mine cryptoassets, particularly those based on the Ethereum blockchain. After cryptocurrency prices crashed in 2018, many GPUs were left unsold in the channel, resulting in weak sales and excess inventory. Nvidia noted that this is a short-term issue and expects its channel inventory to return to normal levels next year.
ARK’s model for Nvidia never has included meaningful crypto mining revenue and, rather, is based on growth in artificial intelligence (AI) and autonomous driving. We believe Nvidia is executing well on both fronts. The company continues to expand its total addressable market (TAM), with recent product introductions that cover machine learning inference, Hadoop analytics, ray tracing, and level 2 autonomous driving.

[icecat]

What does he say at 12:34 ? Semi conductors are like? what does he say?

[MrSacrafice]

Don't think next quarters gonna be that great either the rtx cards are booty in price to performance. Although this is pushing their old Pascal stock out very quickly with all the deals coming out on them now. Might be a tossup.

[hengyan]

Well I feel this is too hard to avoid. There was not reason to not trust the CEO over this . But now there is in the future

[ThePokersurfer]

FRESH research report:
While the financial community fixated on excess inventory of graphic processing units (GPUs) after Nvidia reported weak third quarter sales, we believe that its announcement of RAPIDS—a GPU framework for machine learning—was far more interesting and will be much more impactful long term.

Nvidia pioneered the concept of using GPUs to accelerate deep learning applications, now a $3+ billion business. Deep learning, however, makes up only a fraction of the machine learning market, which includes dozens of different algorithms and software frameworks. While leading edge internet firms use deep learning and neural networks, for example, most large enterprises use some variant of Hadoop for data analytics.

Nvidia’s RAPIDS framework brings the power of GPU acceleration to common machine learning and data analytics frameworks today. Unlike its foray into deep learning, where it created the market from scratch, Nvidia launched RAPIDS which taps into the large and growing market for analytics. With Moore’s Law grinding to a halt, we believe Nvidia’s move could not be more timely.

[Panurg]

dangit, and that was two days ago. today looks reaaally bad again ^^ oh here goes my moneys

[hotstockgirl]

Slower growth kills these high valuation stocks.

[mattchastain]

You don’t

Understand

AMD

CPU+GPU hybrid chip = the future next 10

Cheap and powerful

AMD $100