NVDA Beats! UWTI Short -8% move

Look guys, video games is basically legalized drugs.  And NVDA is its dealer.   Absolutely smashed Q3, and I expect their new graphics card products to do well in Q2 of 2017, when they release their new products at their annual convention.  As longs as NVDA continues to win the GPU war, investors will keep this stock moving.

Meanwhile, keep an eye on ATVI, which found support at its 200-day moving average.  ATVI reports in February 2017, and its taken a quick reversal in the past month.  Though not a semiconductor stock, they are somewhat related, so let’s ride this ahead of their earnings, buying every dip as long as the 200 MA holds.

atvinvda-beats-11-12-16

 

Have a good weekend!

2012-07-18-17-50-27

Short UWTI on Broad Market Rally / Chips leader to report NVDA

Market sure is moving quick on all this Trump speculation.  Crude Oil is great stock to trade during an emotional market.

Short on break under 18 / Buy above 18.

uwti

Currently doing homework on the chips.   Chips are THE LEADERS of the S&P right now.  NVDA will report tonight.

MSCC, another chipmaker that climbed with the tide reports.  Trading at -100 price to earnings.  Support on stock lies all the way at 30.  If NVDA fails to impress, or profits are taken, look to short MSCC.

Aloha!

-Prince-

Continue reading “Short UWTI on Broad Market Rally / Chips leader to report NVDA”