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
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
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
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
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 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
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