nvidia – Page 2 – The Generation X-Files

30Jun

By X ManNo Comments

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Nvidia is Still the Best Stock

On June 1st, nine shares of NVIDIA Corporation (NVDA) were purchased for $396.42 each, totaling $3,567.76 in stock. $1.29 in cash was left over equaling a grand total of $3,569.05 at the start of this month. Yesterday June 29th, the shares closed at $408.22 for a total value of $3,673.98. Combined with the $1.29 cash, the portfolio is worth $3,675.27 as June closes. Last August, I started with $2,005. So this strategy has returned an amazing 83 percent in eleven months. This is almost a doubling of my money. Meanwhile, the benchmark S&P 500 exchange-traded index fund, SPY, has returned a modest 7.6 percent over the same period. This includes dividends. (adsbygoogle = window.adsbygoogle || []).push({}); Nvidia is Still On Top Over the last six...

2Jun

By X ManNo Comments

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Nvidia is the Stock to Own

On May 1st, thirteen shares of Meta Platforms Inc. (META) were purchased for $242.08 each, totaling $3,147.04 in stock. $50.82 in cash was left over equaling a grand total of $3,197.86 at the start of May. Yesterday June 1st, they were sold for $270.64 for a total value of $3,518.23. Combined with the $50.82 cash, the portfolio was worth $3,569.05 heading into June. In August, I started with $2,005 so this strategy has returned an amazing 78 percent in ten months. This table summarizes all the stocks owned in that time and their results. For comparison, the S&P 500 exchange-traded index fund, SPY, has returned only 2.7 percent over the same period. This includes dividends. (adsbygoogle = window.adsbygoogle || []).push({}); Nvidia is Back on T...

31Mar

By X ManNo Comments

News

Hold Nvidia

As March ends and April begins, Nvidia is still the top stock of the S&P 100. Hold on to it. A full post with the numbers is coming later today.

After Two Months, Netflix is No Longer on Top

1Mar

By X ManNo Comments

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After Two Months, Netflix is No Longer on Top

On January 3rd, eight shares of Netflix Inc. (NFLX) were purchased for $294.28 each, totaling $2,354.20 in stock. $83.65 in cash was left over (from the sale of the previous month’s stock) equaling a grand total of $2,437.85 at the start of January. Yesterday February 28th, the 8 shares were sold for $321.35, valued at $2,570.78. Combined with the leftover $83.65 in cash, the portfolio was worth $2,654.43 heading into March. In August, I started with $2,005 so this strategy has returned an efficient 32.4 percent in seven months. For comparison, the S&P 500 exchange-traded index fund, SPY, was down 2.6 percent over the same period. (adsbygoogle = window.adsbygoogle || []).push({}); Move Over Netflix While it had a good two-month run, Netflix is n...

The Modified Stock Strategy: 8 Months In

3Jan

By X ManNo Comments

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The Modified Stock Strategy: 8 Months In

Friday, December 31st was the last trading of the month and the year. After being the top stock for four months straight, Nvidia has been replaced. Therefore, I sold the four shares of NVDA for $296.38 each for a total of $1,185.52. With the cash of $36.24 I have held since September 1st, I ended the year with a grand total of $1,221.76. I started testing this strategy with $1,001.66 on May 3, 2021 so this technique has earned a return of 22 percent over the last eight months. Please see the table below for a summary of the stocks used for each month, the balance at the end of each month and the return earned through the end of each month. This strategy yielded losses through the first five months. On the other hand, it produced great returns in the final quarter ...

6Dec

By X ManNo Comments

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Tim’s Adjusted Strategy: Month 7

November 1st was the first trading day of November. Nvidia was the top performing stock of the S&P 100 over the previous six months from May through October. Therefore, I held the four shares which I previously bought on September 1 for $225.79 each for a total of $903.14. I also held $36.24 in cash which equaled a grand total of $939.38. NVIDIA's Endeavor building in Santa Clara, California. Last Tuesday, November 30th was the last trading of that month and Nvidia (NVDA) closed at $326.76 so my four shares were valued at $1,307.04. Add the $36.24 in cash to that amount and the grand total equaled $1,343.28 through the first seven months with this strategy. I started with $1,001.66 on May 3rd. So over the last seven months, this modified strategy is up 34 per...

5Nov

By X ManNo Comments

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Tim’s Adjusted Strategy: Month 6

October 1st was the first trading day of October. Nvidia was the top performing stock of the S&P 100 over the previous six months from April through September. Therefore, I held the four shares which I previously bought on September 1 for $225.79 each for a total of $903.14. I also held $36.24 in cash which equaled a grand total of $939.38. This equaled the amount of the proceeds from the stock I bought and sold in August, Capital One Financial (ticker: COF) along with the cash I held in August. On October 29th, the last trading of that month, Nvidia (NVDA) closed at $255.67 so my four shares were worth $1,022.68. Add the $36.24 in cash to that amount and the grand total was $1,058.92 through the first six months of this trading strategy. I started with $1,001.66 on May 3...