BUY Chevron, SELL Nvidia, SHORT the Nasdaq 100?? | #CVX #NVDA #QID

Nvidia (NVDA) is headed for the moon with its Artificial Intelligence GPUs, so why's Irk taking profits? Plus, opening a LONG-term investment in Chevron (CVX), an OIL company? Finally, why is Irk still adding to his leverage inverse ETF short on the Nasdaq (QQQ) through the ProShares QID?

Join Irk as he reviews the moves he made in his portfolios this week!

CHAPTERS:
0:00 What caused the volatility in last week's stock market?
0:18 Why did Nvidia (NVDA) rally this week?
0:50 What made Canopy Growth Corporation (CGC) and other cannabis stocks sell off this week?
1:57 Why did Advanced Micro Devices (AMD) rally this week?
3:11 What made Virgin Galactic (SPCE) sell off this week?
3:52 Why buy a long-term investment in the energy and oil company, Chevron (CVX)?
5:51 Why did Irk take even more profits in Nvidia (NVDA), his portfolio's biggest position?
7:35 Why does Irk keep shorting the Nasdaq with the leverage inverse ETF from ProShares, QID?

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[GetIrked]

What are your feelings about AI stocks, energy stocks, or just the market, in particular? Are you feeling bullish or bearish (maybe neutral)?

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[Nemo-ynsp]

I have no individual AI stocks, just in ETFs. Reverse splits of my penny stocks have proved to be detrimental, but of those I've held on to, what's left is not worth selling. They serve to be reminders of mistakes made in my early days (2020) of investing (too many YouTubers, ignorance, and FOMO). I more than doubled my position in OKE - that' and KMI are my energy plays. I can't bring myself to buy into big oil.