Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $135.00 short put and a strike $125.00 long put offers a potential 54.56% 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 $135.00 by expiration. The full premium credit of $3.53 would be kept by the premium seller. The risk of $6.47 would be incurred if the stock dropped below the $125.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Nvidia is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Nvidia is bearish.
The RSI indicator is at 28.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
Tech Stocks Attracting the Most Investors
Tue, 04 Jun 2019 23:02:10 +0000
As the sector pulls back, here are the stocks the most top investors bought in the 1st quarter
Anticipation of ‘Something Super’ at E3 Fails to Halt Nvidia Stock Slump
Tue, 04 Jun 2019 15:07:17 +0000
Nvidia (NASDAQ:NVDA) continues its two month slump, losing another 1.24% yesterday. That means the chipmaker is down some 30% from its 2019 highs in early April, and over 50% from its historical peak last fall. The most recent loss is despite rumors that began circulating this week, suggesting the company has a "super" announcement for E3. Source: Nvidia With big industry events like Comptex (held last week) and E3 (starting up later this week) seemingly unable to stop the Nvidia stock slide, investors are clearly wary. NVDA Rumored To Be Planning E3 Spoiler for AMDE3 is the gaming industry's biggest annual event, and things start rolling on Thursday with a Stadia Connect event from Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google division. Google's hotly anticipated new cloud gaming service is powered by custom GPUs from Nvidia's graphic card rival Advanced Micro Devices (NASDAQ:AMD).InvestorPlace – Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Sell Impacted by the Mexican Tariffs Speaking of AMD, the company is using the E3 stage for the launch of its new 7nm Navi graphics cards. And it appears that Nvidia is determined to play the part of spoiler. A few weeks back, Nvidia began tweeting that something "super" was coming. This week more details began to leak, with TechCrunch publishing a detailed account from an NVDA insider. It looks as though the company will use E3 to announce new "super" versions of its RTX 2060, RTX 2070 and RTX 2080 graphics cards. These would not actually be new cards, but would refresh the existing versions with improved mesh shading capability, faster clock speeds and faster video memory. With the new versions, Nvidia would then have the option to make them the new default, or the company could also keep the current versions of its cards and mark those down to a lower price.Either way, Nvidia would take some of the wind out of AMD's sails at E3. And given that gamers are NVDA's core customers, the company is clearly betting that E3 is the event where it needs to make a splash. However, based on the continued fall of Nvidia stock price, it appears that investors aren't impressed. Too Many Downsides for Nvidia Stock Are Out of Its ControlCompetition with AMD is one thing, but the biggest challenges that have hammered Nvidia stock are outside of the company's control. And they show no signs of getting any better…Cryptocurrencies like Bitcoin drove Nvidia stock price to record highs, and the collapse of that market has hammered NVDA. When crypto-miners were buying every Nvidia graphics card they could get their hands on, the company literally could not manufacture cards fast enough to keep up with demand. Investors loved it. But when the bottom dropped out of that market, things got ugly fast. When NVDA reported a glut of unsold cards due to the collapse of crypto-mining demand last November, Nvidia stock plummeted 19% in after hours trading.Making things worse is another huge problem NVDA has no control over. The escalating trade war with China means the threat of tariffs, which raise prices (or lower profits). Graphic cards are in the crosshairs because they are manufactured in China — or at least rely heavily on components manufactured in China — and are also powerful technology that could potentially see export restrictions should the situation escalate further. Just one tweet from President Trump last month threatening increased tariffs was enough for a 4% drop in Nvidia stock price. The Bottom Line for NVDA StockIt's still early to predict exactly how the market will react to what NVDA plans to unveil at E3. The lead-up has been a continuation of the Nvidia stock slump that started back in April.However, the company may succeed in firing up gamers. If that happens, it's possible that we could see an Nvidia stock price rebound over the next week. * 6 Big Dividend Stocks to Buy as Yields Plunge But even if it pulls off a successful E3 there is so much going against NVDA — including the collapse of crypto demand and the trade war with China — that a return to 2018 levels is all but impossible any time soon.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Sell Impacted by the Mexican Tariffs * 6 Big Dividend Stocks to Buy as Yields Plunge * The 10 Biggest Announcements From Apple WWDC 2019 Compare Brokers The post Anticipation of 'Something Super' at E3 Fails to Halt Nvidia Stock Slump appeared first on InvestorPlace.
AMD Radeon Graphics to Enhance Samsung Smartphone Experience
Tue, 04 Jun 2019 14:12:02 +0000
AMD inks a multi-year deal with Samsung. Per the agreement, AMD's Radeon graphics IP will be integrated with Samsung's smartphone SoCs to enhance mobile applications.
Are Options Traders Betting on a Big Move in NVIDIA (NVDA) Stock?
Tue, 04 Jun 2019 13:03:01 +0000
Investors need to pay close attention to NVIDIA (NVDA) stock based on the movements in the options market lately.
Samsung Deal Could Help AMD Stock Past the $34 Per Share Level
Tue, 04 Jun 2019 11:10:37 +0000
Investors may have yet another reason to want AMD (NASDAQ:AMD) stock. The equity surged ahead by as much as 8% in recently as news of an agreement with Samsung (OTCMKTS:SSNLF) sent AMD stock higher.Source: Shutterstock Now, the question becomes whether the stock can move past last fall's high of $34 per share. Thanks to the Samsung deal and other factors, earnings growth could help take AMD stock to new multi-year highs.AMD will license intellectual property involving custom graphics to Samsung for mobile devices. Samsung will pay AMD both license fees and royalties under terms of the deal.InvestorPlace – Stock Market News, Stock Advice & Trading Tips * 7 Bank Stocks to Leave in the Vault The deal brings AMD technology into Samsung phones. It also takes its competition with Nvidia (NASDAQ:NVDA) in graphics cards to a new level. This is yet another victory for the chipmaker as AMD recently won the race to power Sony's (NYSE:SNE) next-generation PlayStation. A Look at AMD StockThis deal also represents a massive turnaround for a company that many had left for dead four years ago. AMD stock traded below $2 per share as recently as the fall of 2015. Thanks in large part to the turnaround driven by current CEO Lisa Su, AMD now trades at around $29 per share. Last fall, it briefly breached the $34 per share level, a level it had not seen since 2006.Now, the question hinges on whether AMD can move beyond that multi-year high achieved last fall. I turned against the stock in the fall, near the multi-year high. I recommended that traders hold out for a lower valuation.However, the outlook appears dramatically different from just nine months ago. Despite the stock price close to the levels of last September, AMD has achieved the lower multiple, at least on a forward basis.Yes, analysts place its current price-to-earnings (PE) ratio at 115. However, due to forecasted earnings of $1 per share for 2020, this takes its 2020 forward PE to around 28. During that time, Wall Street forecasts profit growth of 41.3% this year and 53.8% the next. Moreover, these estimates could rise as analysts revise earnings estimates to reflect the impact of the Samsung deal. Help from CryptoAdditionally, another factor could help AMD stock is the return of crypto. Crypto miners turned to AMD chips due to their lower costs. When bitcoin fell to around $3,000, interest in mining had fallen off a cliff. Chip prices fell along with crypto, and AMD suggested the market had completely dried up by the fourth quarter. Now with bitcoin surging back to the $8,500 level, crypto could again become a revenue source.AMD also faces a new chapter with its long-time rivalry with Intel (NASDAQ:INTC). During the PC era, the company consistently played little brother to Intel. However, they have beat Intel on innovation in recent years, gaining market share in the area which Intel has bet much of its future, data centers. Intel appears finally set to release a 10nm processor.However, AMD released its 10 nm last year. Moreover, AMD has already announced that it will release the Ryzen 3000 in the middle of the year. This will bring 7nm chips to the market. While Intel still holds the lead in data centers, AMD's market share increases should help boost the stock price. AMD Stock Can Top $34 Per ShareWith the Samsung deal, investors wonder whether that can take the AMD stock price past the $34 per share multi-year high. The short answer is yes. Despite a currently elevated PE ratio, the current price of AMD places the 2020 forward PE ratio at about 28. With earnings increases expected to surpass the 50% mark by next year, and perhaps higher with the Samsung deal, it becomes hard to bet against Advanced Micro Devices stock.Buying AMD stock now comes with some risk. An unexpected downturn in the market or tariff-related risks could cause a drop much like NVDA saw last fall. However, with the Samsung deal, the levels of profit growth, and the other competitive strides AMD has made over its rivals, the AMD stock price can achieve new multi-year highs.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Heavily Shorted Stocks to Sell — Because the Bears Are Right * 7 Bank Stocks to Leave in the Vault * 7 Stocks for You to Profit From (Legal) Insider Trading Compare Brokers The post Samsung Deal Could Help AMD Stock Past the $34 Per Share Level appeared first on InvestorPlace.
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