☕️ Time to put new money into Nvidia? – I plan to

Howdy! 👋 

The markets are set for another green day with futures all firmly positive as I type. 

To be fair, whether stocks stay that way all day remains to be seen. 

Still, I’ll take the action and trust you will too. 

Successful investors tend to be consistent investors, not lucky or genius stock pickers. They show up, even when it's hard, and keep investing even when the markets get harder. 

Here’s my playbook. 

1 – Put new money into Nvidia? – I plan to 

I got a super early start this morning for a conversation with the savvy Maria Bartiromo who asked me about a few topics that may be of interest: 

• What I make of the Nvidia/Nokia deal and why it’s a BIG deal 

• Why not all (big) tech is the same 

• What I expect from the Fed 

Enjoy! (Watch) 

2 – Nvidia’s CEO just proved you don’t need quantum entanglement to move markets 

Many people insist that investing has to be complicated to work. 

I’m not one of ‘em. 

I pay significant attention to the CEOs running companies I own or want to buy because they tend to be very plainly spoken. And the more successful they are, the “plainer” they speak. 

Nvidia’s CEO, Jensen Huang, for example, had this to say when he interrupted a quantum panel discussion at the Nvidia GTC event to bring water for the participants. 

“If I just said quantum, the stock price goes up... quantum, quantum, quantum.” 

No rocket science needed. 

You know what to do. 

And if you don’t, I’ll be here and would love to toss my hat in the ring to help you learn what you need to know. People tell me regularly that I help make it easy to buy great companies… humbling as heck! 💯 

Nvidia, btw, is approaching $5T, a race I said it might win this past summer in July 2025. (See #1) And if memory serves, I also recall discussing that on TV in June 2023 when Apple closed about $3T for the first time but can’t put my fingers on that appearance just now. 

NEED.MORE.COFFEE. ☕️ 

And another quantum stock, too. 

Hmmm. 

3 – Wall Street: “Pala-who?” Jensen: “the most important stack on earth” 

Nvidia CEO Jensen Huang also announced a new partnership with Palantir yesterday at the company’s annual GTC event. (Read) 

And had this to say about Team Karp’s products. 

Calling Palantir’s ontology, “probably the single most important enterprise stack in the world today.” 

I agree. 

And I probably still don’t own enough shares, doggonit. 

Doh! 🤦‍ 

4 – Lucid taps Nvidia… because, well, reinventing Tesla sounds easier 

Lucid has picked Nvidia to power what it’s calling “mind off” cars that can drive themselves under normal circumstances without a human needing to intervene or monitor it unless there’s a change in circumstances. (Read)

CEO Marc Winderhoff declined to specify a timeframe, other than that it won't be 2026. 

Ummm. 

Call me crazy but there’s a little company called Tesla that makes cars that are already capable of doing that… 🤦‍ 

The real challenge – and the one nobody wants to admit – is that our legal system isn’t ready. 

No matter how hard Lucid tries, it won’t be Tesla even though the media has taken the bait as have scores of investors apparently. 

Keith’s Investing Tip: Buy the best, not the rest.  

5 – Gold is now in correction territory, and unfortunately Nvidia can’t help 

I’ve repeatedly warned against a pullback in the shiny stuff and, in fact, encouraged the OBA Family to exit a gold-related position recently. 

Gold is still a very crowded trade. 

Unfortunately, this is probably the one thing today that Nvidia can’t help. 

I continue to believe it could fall by half over the next 12-24 months. 

• Central banks – which bought defensively – could become net sellers and remove the biggest structural bid of all 

• AI, energy and digital assets are the new “hard money” 

Tread cautiously if you own gold. 

Bottom Line 

Like many people, I’ve got aging parents which means that it’s not always clear who’s taking care of whom. With your grace I’ve got to go do some of that this morning unexpectedly. 

Hug those you love and remember there is more to life than money. 

You got this – I promise. 

As always, let’s MAKE it a great day! 

Keith 😀