NVDA Nvidia Corp Earnings Report 2-8-18

NVDA-Nvidia Corp

NVDA Nvidia Corp Earnings Report 2-8-18

Nvidia earnings: Data-center, auto sales more a focus than cryptomining

Data-center and auto-related chip sales will likely be the focus of Nvidia Corp. earnings when the chipmaker reports after the bell on Thursday.

Outside of Nvidia’s NVDA, +1.43% graphics and gaming sales, data-center and auto-related sales are the fastest growing arms of the Santa Clara, Calif.-based chip maker.

Gaming revenue is expected to rise 14% to $1.54 billion from the year-ago period, according to FactSet, but data-center revenue is expected to jump 85% to $548.1 million.

Auto-related revenue, which was the only segment that missed Street estimates in the previous quarter, is forecast to rise 19% to $152.2 million.


Here’s What Makes Nvidia Worth 60 Times Earnings

Nvidia’s price-to-earnings (PE), at about 60, is more than double the S&P 500’s PE of 25. When you pay 60 times earnings, you want clarity on where the growth will come from to keep the stock price moving up.

With Nvidia scheduled to report earnings tomorrow, I asked everyone collaborating with us to help me determine if Nvidia’s premium valuation is justified. Here are the best responses so far.


NVDA Nvidia Corp Chart 2-8-18 Before Earnings

NVDA Nvidia Corp Chart 2-8-18 Before Earnings

Cryptocurrency Investing

Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say

Cryptocurrencies could go on a bull run greater than last year and pass the trillion-dollar mark in terms of value, experts told CNBC, following a recent violent sell-off across digital coins.

Bitcoin has seen a huge fall in recent days, dropping below $6,000 for the first time since mid-November. On Wednesday, it was trading above the $7,000 level as the cryptocurrency market stabilized.

At its lowest point on Tuesday, the total cryptocurrency market saw over $550 billion wiped off its value. But industry insiders see another rally ahead.


Today's Trade of the Day | 2-8-18

BIDU Chart BAIDU 2-8-18

BIDU Chart BAIDU 2-8-18

BIDU-Baidu price action closed below the open eight of the last ten days, and traded into an inside day yesterday. Looking for an inside day breakdown to initiate a new swing trade short. Game planning a $221 sell stop to trigger the entry. Profit target to cover, comes in at $205.50. Stop loss on a close above $225. If the stock price trades higher off the open, I plan to let the trade go.

SPY ETF Chart 2-8-18

SPY ETF Chart 2-8-18


S&P 500 Heatmap

SP 500 Heatmap 2-8-18

SP 500 Heatmap 2-8-18

Stocks to Trade | Thursday Edition 2-8-18


Bullish Momentum: SNAP, XL, ARRY, TWTR, ANF, LITE, DKS, BMY, TPR

Bearish Momentum: mchp, slca, mu, watt, hes, eqt, apa, lrcx, txn, aa, amat, xlnx, clr, fb, bidu, scg, vmw, eog, aapl, hal, dis, mpc, akam

Bullish Order Flow: NFLX, ABBV, AMZN, HCA, BA, AMTD, EA, MA, VFC, KORS

Bearish Order Flow: dvmt, scg, eqt, ups, lrcx, amat, avgo, alk, xom, lly, luv, celg, aapl, hog, pm


Inside Days: aapl. mu, wfc, fb, xom, sbux, mrk, schw, schw, slb, ups, ibm, swks, aa, bidu, htz

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About the Author

Pete is a full-time trader and mentor since 2000. Author of Equity Trader 101 and the Order Flow Method. He is dedicated to help self-directed traders to bust through the six-figure level.

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