|Day Low/High||535.55 / 542.40|
|52 Wk Low/High||180.68 / 589.07|
Is it time to take profits in NVDA? Sure, but you know what, every time I take profits in NVDA here's what happens.
When Nvidia reports after the bell Wednesday, I'll be focused on three key things.
They called it rotation. I'm still not completely convinced. Don't you normally have to sell something to rotate?
The only expectation that I have for now is a near certainty in increased volatility caused by several factors.
Experts pick their favorite equity and ETF ideas in the game space, from dolls to video games.
What the Nasdaq experienced Monday is known not just as an 'Outside Day,' but an 'Outside Reversal,' and these can be dangerous.
The most important market takeaway right now is that both the Nasdaq Composite and S&P 500 have filled their respective gaps and retaken their 50-day simple moving averages.
Perhaps the best thing for the markets that might come out of Tuesday's election would be certainty, regardless of outcome.
AMD reports great Q3 results, and what their acquisition of Xilinx means.
There is no stimulus deadline. There is no deal. There are only the games people play.
For now, investors will either have to find some place else for their money or be patient.
After years of being losers how did everything auto catch fire? Simple: the darned pandemic.
TSLA has now posted five consecutive quarters of profitability while rapidly increasing productivity as well as margin.
Demand for PCs, tablets and gaming hardware all still look quite strong. And smartphone sales are gradually picking up.
Renewed strength may not appear until closer to year-end.
I don't pick stocks on politics, but was shocked to see how a majority of our Action Alerts PLUS holdings would perform if Joe Biden wins the White House.
I own it. I will continue to hold it. I would not sell it. For the uninvested who are interested, I would think small ball.
Even more important than fiscal support moving forward would be the concept of Covid-19 very soon being effectively treatable for the public.
It's remarkable to see such excitement based on totally contradictory theories and themes.
This is what's known as a positioning week, and starting Monday you're going to hear a ton of things.
Neither candidate seems to be the enemy of the market -- at least not yet.
Markets now look to Treasury Secretary Mnuchin and Speaker Pelosi to do something.
Trying to grab a bargain while a stock is falling is fraught with risk; better to wait until a true bottom has formed before buying.
Plus, House Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin agree to talk stimulus turkey.
Depending on how a couple of factors play out, growth rates in areas such as gaming and e-commerce could accelerate further.
Now that NVDA stock has gotten caught up in the stock-market pullback, let's see what the charts reveal.
Are equity markets oversold? Sorry to say, but I don't think so. Not yet.
* While the correction is only in its second week, the evidence suggests the growing possibility of a Nasdaq top and a break down in the Nasdaq Fueled by a revolutionary but evolving change in market structure - in which ETFs/quant strategies and pr...