NVIDIA Corporation (NVDA)

328.72
5.00 1.50
NASDAQ
Prev Close 333.76
Open 331.69
Day Low/High 318.64 / 333.53
52 Wk Low/High 115.67 / 346.47
Volume 61.87M
Exchange NASDAQ
Shares Outstanding 2500.00B
Market Cap 787.58B
P/E Ratio 89.62
Div & Yield N.A. (N.A)

This Morning's Trades

* Purchased at $142.1. * Covered my short at $461.20. (Bought some SPY for a rental at $460.85 and sold out at a profit.) * Added to ($196.70), ($64.50), ($161), ($32.68), ($27.85), ($23.40), ($24.18) and ($10.37). * Covered all of my under $320. __...

Who Loves This Market?

Who Loves This Market?

For those ultra-committed traders that plan on trading today, good luck.

Nvidia Raised at First Shanghai

More Premarket Moves

I have covered my Nvidia short for a very small profit (under $320). I am adding to JPMorgan Chase  , Citigroup , AT&T and Boeing BA.  

Hot Trading Action

* Covered a portion of my SPDR S&P 500 ETF short at $465.40. * Shorted Nvidia at $315.62. * Added to Tilray at $10.46, ViacomCBS at $32.72 and Boeing at $207.88.

Hotel California

* What's to like? Very little.. * Though the averages have held up (thank you "Nifty Seven"), a look under the hood reveals a dismal picture of broken stocks and charts  "Last thing I remember, I was Running for the door I had to find the passage ba...

The Mouse Isn't Roaring

My October short sale of Disney got a lot of pushback. Crickets, now. They will only talk about Nvidia and the other winners. That is the way the game is played these days...

Here's How I'm Playing This Uncertain Market Action

Here's How I'm Playing This Uncertain Market Action

There's one mistake that's easy for traders to make in this sort of market.

4 Things to Like About the Tech Sector...And 4 Things to Be Worried About

4 Things to Like About the Tech Sector...And 4 Things to Be Worried About

In the wake of Monday's tech rout, here are a few things I like about the tech sector at this crazy moment in time, along with a few things that have me concerned.

Just Nifty

* Monday's conspicuous candle reversal in the Nasdaq (especially in semiconductors) may be a bearish short-term market signpost * I expect that we have reached or are approaching the end of "The Great Divide" and in the extreme market narrowness tha...

Wall Street Jumps as Punch-Drunk Stocks Tumble

Wall Street Jumps as Punch-Drunk Stocks Tumble

Monday was a continuation of the weakness in many names already slumping -- the only difference is everyone noticed the reverse.

The Nifty Seven Market

* It's the New 'Nifty Fifty' Market Apropos to my opener, The Great Divide -- there were over 500 new lows on the Nasdaq composite today, even though the Nasdaq made a new high in the morning. This hasn't occurred in over 20 months.   Remember the "...

Electric Vehicle Tech Is Running Hot, but Will It Soon Burn Out?

Electric Vehicle Tech Is Running Hot, but Will It Soon Burn Out?

With Tesla's out-of-this-world valuation, recent IPO pops, advances by Apple, and potential 'old auto' dark horses, are we watching a bubble ... or something else?

The Indexes Are Hiding Extreme Rotational Action and a Lot of Losers

The Indexes Are Hiding Extreme Rotational Action and a Lot of Losers

The Nasdaq set a record on Thursday for the most stocks hitting new 12-month lows while the index was reaching new all-time highs.

An Everything Rally? Are You Joking?

An Everything Rally? Are You Joking?

It absolutely boggles my mind that investment professionals can fail to see the two-tiered nature of the market action.

Nvidia's Results Are Jaw Dropping: Here's How to Trade It

Nvidia's Results Are Jaw Dropping: Here's How to Trade It

I cannot imagine selling any more of this name regardless of how hot this move has been, with one exception.

My Trade of the Week - Shorting QQQ ($399.65)

First time, long time!  The markets are overbought and, arguably, overvalued.  I expect a correction.  The Nasdaq has been "the straw that stirs the market's drink" - and has been immune to any weakness.  However, the strength in a few stocks that a...

Quiet Season, Oil, Credit Card Boondoggle, Cisco's Strike Out, Nvidia's Home Run

Quiet Season, Oil, Credit Card Boondoggle, Cisco's Strike Out, Nvidia's Home Run

Energy prices have turned out to be the primary driver for what now appears to be 'out of control' consumer-level prices.

Here's How the Indexes Are Misrepresenting What's Really Happening in the Market

Here's How the Indexes Are Misrepresenting What's Really Happening in the Market

The indexes have been hiding poor action in growth stocks and better action in small-caps.

Intel Traders Are Still Voting With Their Feet

Intel Traders Are Still Voting With Their Feet

Let's check out the charts of INTC.

Consumer Sentiment, Fed, Yellen, Price Discovery, Trading Lucid

Consumer Sentiment, Fed, Yellen, Price Discovery, Trading Lucid

The most startling takeaway from Tuesday, I don't think came from our financial markets.

As Nvidia Earnings Approach We Change Our Strategic Approach, Too

As Nvidia Earnings Approach We Change Our Strategic Approach, Too

The technical signs indicate the chipmaker's shares are extended or overbought, so traders should be cautious ahead of results.

Moderna's Patent Credit, Palantir and ARK, Musk Sells Tesla as EV Stocks Climb

Moderna's Patent Credit, Palantir and ARK, Musk Sells Tesla as EV Stocks Climb

Plus, the intersection of rising inflation and a slowing velocity of money give us reason for pause.

How Investors Should Handle the Semiconductor Shortage as It Continues to Spiral

How Investors Should Handle the Semiconductor Shortage as It Continues to Spiral

Stockholders must consider multiple angles in approaching a protracted period of chip shortages.

The Streaks End, Peloton Gadget, Rivian IPO, Utility Software, PayPal, Palantir

The Streaks End, Peloton Gadget, Rivian IPO, Utility Software, PayPal, Palantir

It was almost nice to be reminded that the saloon doors to the financial markets still swing both ways.

AMD's Latest Server CPUs and GPUs Show How a Bigger R&D Budget Is Paying Off

AMD's Latest Server CPUs and GPUs Show How a Bigger R&D Budget Is Paying Off

AMD now has a lot more resources to invest in areas such as chip packaging, software and specialized products.

Market QB Sneak, Fed Musical Chairs, China's Warning, 'Targeting' AMD and Nvidia

Market QB Sneak, Fed Musical Chairs, China's Warning, 'Targeting' AMD and Nvidia

Did anyone else see the semi-annual Financial Stability Report?

Overbought but So What, The Beats Go On, Elon Musk's Tesla Share Sale Poll

Overbought but So What, The Beats Go On, Elon Musk's Tesla Share Sale Poll

Tesla's CEO steals some of rival Rivian's IPO thunder by asking the Twitter universe to decide if he should sell 10% of his Tesla shares.

Is The Option Market's Tail Wagging the Stock Market's Dog?

* Market structure has become a dysfunctional mess and some individual share prices (e.g., Tesla) have become a derivative of the options market and flows into calls * Gamma is "weaponizing" and squeezing the Bull Market advance by spurring a large ...

Nasdaq Runs Higher, Semis Run Hot, EV Market Heats Up, Peloton Cools Down

Nasdaq Runs Higher, Semis Run Hot, EV Market Heats Up, Peloton Cools Down

Plus, we continue to wait with bated breath to see where Congress goes with President Biden's two big spending initiatives.