Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $245.00 short put and a strike $240.00 long put offers a potential 40.85% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $245.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $240.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Nvidia is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Nvidia is bullish.
The RSI indicator is at 47.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
NVIDIA Introduces HGX-2, Fusing HPC and AI Computing into Unified Architecture
Wed, 30 May 2018 03:26:42 +0000
GTC Taiwan—NVIDIA today introduced NVIDIA HGX-2™, the first unified computing platform for both artificial intelligence and high performance computing. The HGX-2 cloud server platform, with multi-precision computing capabilities, provides unique flexibility to support the future of computing. This unprecedented versatility meets the requirements of the growing number of applications that combine HPC with AI.
Apple Inc.’s Driverless Car Ambitions Hinge on Software Development
Tue, 29 May 2018 20:41:47 +0000
As much as analysts and media want to argue over the quarterly iPhone and Watch sales from Apple Inc. (NASDAQ:AAPL), the smartphone giant is more than just that. Its latest reveal — the driverless car — is a positive development for shareholders. According to a Bloomberg report, Apple is partnering up with Volkswagen to turn its existing fleet of T6 Transporter vans into self-driving shuttles.
3 Strong Buy Stocks from an Impressive Industry
Tue, 29 May 2018 20:15:08 +0000
As many investors know, there is an age-old saying that 50% of a stock's price movement is the result of its group. For individuals who stick true to the aforementioned belief, we will highlight three of the strongest and most promising stocks within the Semiconductor industry, in hopes of guiding investors to a stock that holds its own merit, while being carried by the merit of the stocks surrounding it.
5 Top Stock Trades for Wednesday Morning
Tue, 29 May 2018 19:52:41 +0000
Investors may have gotten to enjoy a long weekend away from the stock market, but that joy didn't last long. Due to political worries in Italy, U.S. stocks took it on the chin Tuesday. There were some strong performers, but by and large stocks declined. Here are our top stock trades going forward.Top Stock Trades for Tomorrow #1: S&P 500 (SPY)
Facebook, Inc. (FB) to Design Chips for Live Video Content Filtering
Tue, 29 May 2018 18:00:00 +0000
In April, Bloomberg reported that Facebook is building a team to design its own semiconductors. The company was anticipated to build such chips to power its new hardware products or boost its machine learning (ML) and artificial intelligence (AI) purposes. Is Facebook, Inc. (FB) Stock Cheap Right Now?
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