March 30, 2011

NVIDIA (NVDA) HURT BY DROID BIONIC

An additional reason that Nvidia (NVDA) is down today is a rumor that Motorola’s Droid Bionic has been delayed.  Droid Bionic uses Tegra 2 chip from Nvidia.  Please see our earlier post for Nvidia weakness today.

We will issue an actionable signal to subscribers of ZYX BUY CHANGE ALERTS and  ZYX SHORT SELL CHANGE ALERTS in real time when all six screens of the ZYX Change Method are satisfied.

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FINALLY A BROKER SUPPORTS OUR POSITION ON NVIDIA (NVDA)

We make our recommendations by feeding hard data in a rigorous analytical methodology.  We do our best to eschew opinions based on emotion and feel.

We have been writing on this blog and in articles on Seeking Alpha for a while that a big chunk of the graphics business of Nvidia (NVDA) is likely to disappear.  For some unexplainable reason, most of the Wall Street has been oblivious to the coming reality.  Today ThinkEquity lowered their estimate on Nvidia siting slowing growth and siting issues with the graphics card business.  The stock has fallen $0.73 from its intraday high.

We will issue an actionable signal to subscribers of ZYX BUY CHANGE ALERTS and  ZYX SHORT SELL CHANGE ALERTS in real time when all six screens of the ZYX Change Method are satisfied.

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RARE EARTH MOLYCORP (MCP) ON THE RISE AGAIN THIS MORNING

Rare Earth Molycorp (MCP) is on the rise again based on the news that Molycorp and Ames Laboratory signed a cooperative research and development agreement on rare earth magnets.  Ames Laboratory is part of Department of Energy.

There is also a bullish article in Intertaional Business Times. 

Yesterday Molycorp rose when JP Morgan raised their target to $174.00.  Morgan’s upgrade appears to be based on curbs on illegal mining of rare earths in China..

We will issue an actionable signal to subscribers of ZYX BUY CHANGE ALERTS and  ZYX SHORT SELL CHANGE ALERTS in real time when all six screens of the ZYX Change Method are satisfied.

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