Nvidia (NVDA)   stock is down on the news that CFO David White has resigned ‘œfor personal reasons.’ He will remain an employee through May 31. We have no reason to doubt veracity of the claim by Nvidia that the departure is for personal reasons. Apparently some investors disagree as is evidenced by drop in Nvidia stock. It is never a good sign when  departure of the CFO follows break down in the stock price. A bullish analyst on Nvidia  tries to alleviate the negative effect by stating , ‘œWhite is leaving the company with a very clean operating model and balance sheet. We believe

Nvidia (NVDA) took a drubbing yesterday from comments by Goldman and JP Morgan.  Based on the emails we have received from subscribers to the ZYX BUY CHANGE ALERT,  it appears that Nvidia bulls are itching to go long right here. Our philosophy is quite simple: neither be a bull, nor a bear. We simply use hard core cold analysis to make money in both directions. 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 the

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 when it is time to buy to cover the short position. Very short term traders may consider selling short on bounces close to $20. Those still holding long should consider  exiting on bounces. The quantitative screen of the ZYX Change Method shows a fair value of Nvidia to be $18.

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 graphics would  offset MCP roll-off this year,  with   a path to 55% gross margins. Most of the time was spent revisiting existing information, making the analyst day of little value to investors. Subscribers to ZYX SHORT SELL CHANGE ALERT  will receive alert in real time, when it is the precise time to buy