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6-25-24 What to do with Nvidia?

6-25-24 What to do with Nvidia?

FromThe Real Investment Show Podcast


6-25-24 What to do with Nvidia?

FromThe Real Investment Show Podcast

ratings:
Length:
4 minutes
Released:
Jun 25, 2024
Format:
Podcast episode

Description

Did the darling of Wall Street take a drubbing? Nvidia headlines were rampant following its huge run and a 10:1 stock split. Now the stock has dropped 13% in three days. Don't panic. When Nvidia was trading at $1,000/share, and small ($50k) investors wanted to make it 1% of their portfolio, they could only buy one share. (In a $50k account, that's a 2% position.) There was no "reduction" in the position with those numbers; the only choice was to sell the share. That's the problem with small accounts and big dollar stocks, which makes risk management an all-or-nothing proposition. Heading into the end of the quarter, many fund managers have found themselves overweight with Nvidia stock, so they're selling off to take profits and rebalance portfolios. This should come as no surprise, so now, a correction to $100/share should be expected. That's a correction, not a crash. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO  Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=zO6Gwv9xAqs&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Nvidia #PortfolioRisk #RiskManagement #StockSplit #MarketCorrection #MarketConsolidation #ExtremeDeviation #NarrowBreadth #20DMA #50DMA #200DMA #RSP #SP500 #InvestingAdvice #Money #Investing
Released:
Jun 25, 2024
Format:
Podcast episode

Titles in the series (100)

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