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
Lately, every brokerage firm that follows Nvidia (NVDA) has upgraded it in the resent past. As our regular readers know, we have been writing about irrational exuberance on Nvidia. We have also managed to complete two profitable trades on the short side on Nvidia. Yesterday, after the market close, Nvidia
As per the prior post, our first tight trailing stop hit on NVIDIA (NVDA) at 22.52. The stop on the remaining position hit at $23.02. Now we have successfully exited our short on NVIDIA with profit. Rumor of Intel (INTC) buying NVIDIA makes no sense as Intel already has a license
There are significant profits now in our NVIDIA (NVDA) short position. In keeping with the discipline imposed by the ZYX Change Method, we will take profits on one third of our position right here around $22.62 and tighten trailing stops on another third of the position. For the time being we will
NVIDIA (NVDA) is weak on the rumor that NVIDIA’s graphic processing units may no longer be designed into new MacBooks under 13 inches. Our regular readers were forewarned that NVIDIA’s traditional graphic processing business is in jeopardy. We are short on NVIDIA. We shorted in three tranches each worth 5%
Traditionally, NVIDIA (NVDA) is a manufacturer of graphics cards marketed under the name GeForce. Typically, low end PCs and notebooks offer graphics capabilities integrated with the CPU. The high end units offer better graphics performance by utilizing separate graphics chips from NVIDIA or Advanced Micro Devices (AMD). Unfortunately for NVIDIA,
We have been writing on this blog about the competition that is coming to Nvidia’ Tegra chip. Lately, after the Consumer Electronics Show, investors have been enamored about NVDA adding graphics capabilities to an ARMH core. In their exuberance, investors and gurus have mostly ignored the upcoming graphics capabilities fro
Barron’s just made a case for Nvidia stock price doubling. We are a fan of Barron’s and its mostly thoughtful content. However, Barron’s has been known to be wrong at times and if past is the prologue, one more time Barron’s is providing an opportunity to short sell NVDA at
After ugly F5 Networks, Inc. FFIV results, the long awaited correction may start here. It is time to not be a pig and take our 250% profits on our long term position on Arm Holdings ARMH right here around $25.70 . As per our prior posts, it is time scale