📺 $META Is A Mess & Will Mess With $NVDA Bulls
From Live Trading Room (04.25.24)
In this short clip from Live Trading Room (04.25.24), I discuss market reactions to Meta's earnings, highlighting its unexpected performance and subsequent stock movements.
I elaborate on trading strategies, potential revenue forecasts, and the implications of Meta's plans to switch from Nvidia chips to in-house processors.
I also touch on broader market trends and offer insights on optimal trading points for stocks like Amazon.
📺 In this episode:
00:00 Introduction
01:18 Meta's Market Reaction & Price Targets
02:31 Meta's Revenue Predictions & Analyst Reactions
03:27 Meta's Strategy With Nvidia Chips
04:27 Short-Term Market Predictions For Google, Microsoft, & Amazon
05:09 Swing Portfolio Adjustments & Long-Term Strategy
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