$NVDA Just now, Jensen Huang officially resigned as CEO of Nvidia!
How bad does the news have to be before it counts as bad news? Time to start dollar-cost averaging into Nvidia!
The main short-term catalyst is still next Wednesday’s earnings report, and expectations for the report are currently pretty good.
$BTC
---Bitcoin is very weak, repeatedly breaking below support. Until it reclaims any resistance level, I don’t see an opportunity to go long. Near-term minor resistance is at 72,800; only after reclaiming it would I consider a short-term long.
---At the current price level, honestly, I can’t see any real support. Minor support is at 71,500/70,000, with strong support at 67,000. Pretty scary. 0.0
I haven’t even traded crypto over the past couple of days. It feels like I’d be better off looking for short-term opportunities in U.S. stocks.
How bad does the news have to be before it counts as bad news? Time to start dollar-cost averaging into Nvidia!
The main short-term catalyst is still next Wednesday’s earnings report, and expectations for the report are currently pretty good.
$BTC
---Bitcoin is very weak, repeatedly breaking below support. Until it reclaims any resistance level, I don’t see an opportunity to go long. Near-term minor resistance is at 72,800; only after reclaiming it would I consider a short-term long.
---At the current price level, honestly, I can’t see any real support. Minor support is at 71,500/70,000, with strong support at 67,000. Pretty scary. 0.0
I haven’t even traded crypto over the past couple of days. It feels like I’d be better off looking for short-term opportunities in U.S. stocks.
