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
ENI S.p.A. (E), the Italian oil and gas giant has a storied history in Libya. Based on our research Eni offers the best opportunities to profit from the crisis in Libya. Fortunately for American Investors, the stock of Eni trades well in the good old USA. On the news of revolt in
In a prior post, we forewarned that Apple (AAPL) may push out Nvidia (NVDA) in favor of Advanced Micro Devices (AMD). Now the news is out. New Mac Books will include AMD’s ‘œRadeon‘ graphics chips in the 15-inch and 17-inch models, replacing parts previously supplied by Nvidia. Now one part of
We are partially exiting with profit our Nvidia (NVDA) position right here at $22.50. We sold short one tranche at $24.10 and 3 tranches at $26.00. Nvidia seems to be holding at a major support around $22.40. Our negative thesis on Nvidia has not changed. We are simply following the discipline