Asia’s Response to ‘Nvidia Effect’ May Surprise You
It has been a scary summer of moves in either direction for Asia’s chip sector and the reaction to Nvidia’s guidance may come as a shock.
Tweet of the Day (Part Four)
Position: None
Scaling My SPY Short
As telegraphed, I am shorting $SPY on a scale (with the weak breadth serving as my short-term catalyst).
Last short at $772.01.
Now medium sized.
Position: Short SPY (M)
Tweet of the Day (Part Trois)
Position: None
Chart of the Day: Now It’s Marvell’s Time to Step Up
The company will report earnings after the close and could surprise to the upside.
Updating My Shopping List as We Await Warsh at Jackson Hole
Chips and software rally while the rest of the market struggles.
Tweet of the Day (Part Deux)
Position: None
Sticking With This CrowdStrike Price Target as Firm Faces ‘Largest Market Opportunity’ Ever
The cybersecurity firm posted excellent results and the Falcon is soaring.
Back Shorting SPY
I am back shorting $SPY at $770.65.
I plan to short on a scale higher.
Position: Short SPY (S)
New Nvidia Price Target After ‘Compelling’ Data on AI Infrastructure Complex
Here’s where would we add more NVDA shares.