Arm Holdings (ARMH) took a drubbing yesterday from comments by Goldman and JP Morgan. The Technical Analysis screen of the ZYX Change Method is showing a bounce is likely, at least in the very short term. Very short term traders can take advantage of the bounce by trading from
Nvidia (NVDA) has broken below $19 this morning. The weakness seems to be driven by a downgrade by Goldman of the whole group. The next support is at $18. We will maintain our short position. We will issue a QUICK ALERT to the subscribers of the ZYX SELL CHANGE ALERT
The news is that there is no new information from the analyst day at Nvidia (NVDA) . We were erroneously giving credit to Nvidia for making good presentations — there was already so much lipstick on this pig that no lipstick was left for the analyst day. Nvidia claimed growth in core
Image via Wikipedia We have been negative on optical stocks led by JDS Uniphase (JDSU), Finsar (FNSR) and Ciena (CIEN) for two reasons: Irrational exuberance Stock prices far ahead of the fundamentals Now we have the following two fundamental pieces of data that the optical business is nowhere near as
First a correction, analyst day at Nvidia(NVDA) is today. Prior report was in error. Trading in Nvidia yesterday, the day prior to the analyst day, was uninspiring — no run up prior to the event. In the premarket today, Nvidia is up $0.38. Yesterday, bears on Nvidia were out in
Western Digital (WDC), the largest player in the disk drive business, announced acquisition of the number three player Hitachi GST (HIT). The real winners are not Western Digital or Hitachi, but two other companies. Seagate Technology Seagate Technology (STX) is the second largest hard disk manufacturer with about 30% market
There are two catalysts for Nvidia (NVDA) in today’s trade. Today Nvidia is holding an analyst day. Expect plenty of hype. As we have written before, Nvidia is good at making great presentations and they have a good product road map.If any new material information comes out of this event,
We are bullish on silver for the very long term (SLV), (SI_F), (SIH1). However, in the very short term there is an opportunity to short sell silver right here around $34.50 in the front month silver futures. This trade is suitable only for experienced aggressive traders. We do recommend a
We are taking partial profits on our Nvidia (NVDA) short position right here around $20.71. We will also tighten the stop on the rest of our position. iPad 2 from Apple (AAPL) uses a fast dual core processor with excellent graphics. This processor, although based on Arm Holdings (ARMH) design, is custom designed
www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized