Nvidia (NVDA) is one of the worst performing stocks in NASDAQ 100 today. Nvidia has not performed in spite of receiving an upgrade. Now Nvidia has retraced to the level where the bull breakout started. From a technical perspective such a level often acts as a
FBR after its checks from Asia reports that the data from Asia is most positive for Marvell (MRVL), Silicon Lab (SLAB), Qualcom (QCOM), and LSI (LSI). The data is most negative for Nvidia (NVDA). The data is also negative for Broadcom (BRCM), Altera (ALTR), and Texas Instruments (TXN).
There are reports the next Google (GOOG) phone will not contain Nvidia (NVDA) chip. It appears that Google is planning to use a chip from Qualcom (QCOM) instead of a chip from Nvidia. This appears to be the reason for break of the support at $17.00 of Nvidia.
Nvidia (NVDA) today won the Computex Best Choice award for smart hand held devices from the Taipei Computer Association. Nvidia won this award for its Tegra 2 chip. For actionable signals on Nvidia, please see ZYX Buy Change Alert and the ZYX Short Sell Change Alert.
Dell (DELL) will be introducing a new 10″ tablet. The tablet will be powered by Nvidia (NVDA) Tegra chip. Nvidia has moved up on the news. Any bigger up move in Nvidia may be sold short. ZYX Short Sell Change Alert will provide the signal in real-time
Please see the earlier post for reasons behind the drop in Nvidia (NVDA). What to do now? Those holding the stock and are long term investors, may consider holding half the quantity and selling the rest on any bounces towards the $20.00 mark. Those holding the stock and
Nvidia (NVDA) is a short on any major bounce and when all six screens of ZYX Change Method are met. Subscribers to the ZYX Short Sell Change Alert will receive actionable signal on the Real Time Feed if it materializes. Here are the exerpts from my article published
Google (GOOG) has just announced a new set of devices called Chromebook. According to GOOG Chromebook boots in eight seconds and resumes instantaneously. Chromebook is also designed from ground up to defend against malware. One of the criticisms of Intel (INTC) has been that it is not
UBS lowered Nvidia (NVDA) estimates citing GPU weakness and aggressive marketing by Intel (INTC). UBS has lowered Nvidia price target lowered to $20. ZYX Change Method Quantitative Analysis screen still shows fair value of Nvidia to be $18. However, over 18, the stock is in weak hands. We have no
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