NVDA – Nvidia Surges – Intel Security Issues 11-8-18

NVDA Nvidia

NVDA - Nvidia Surges After Intel Security Issues

How NVIDIA Is Poised to Profit From Intel’s Chip Security Flaws

Shares of graphics-chip maker NVIDIA (NASDAQ: NVDA) jumped 9.1% in the holiday-shortened trading week last week, thanks largely to news out beginning on Tuesday that a design flaw in Intel’s (NASDAQ: INTC) chips makes them vulnerable to hacking.

Intel is affected by two security flaws in its central processing units (CPUs) — the big one is dubbed Meltdown and the closely related one is called Spectre.

Technology publication The Register first reported on Meltdown on Tuesday, and followed up with information about Spectre the next day, with Intel later confirming the vulnerabilities.

madison.com/nvidia

Nvidia Partners With Uber, VW on Self-Driving Cars

Two more big names have signed up to use Nvidia Corp.’s (NVDA) NVIDIA Corp artificial intelligence (AI) chips to develop cars that are capable of driving themselves.

investopedia.com/nvidia-partners-uber

NVDA Chart Nvidia Corp 1-8-18

NVDA Chart Nvidia Corp 1-8-18

Crypto Investing

Bitcoin pulls back further from $17,000; Ethereum taps record high

The price of a single bitcoin on Monday continued to back away from the $17,000 level it reached over the weekend, while another cryptocurrency, Ethereum’s ether, tapped a new high above $1,200.

Meanwhile, ether coins on the Ethereum blockchain tapped a new all-time of $1,266.93 on Monday. It has since backed off to trade up 2.5% at $1,177, according to CoinDesk. Ether coins crossed a key psychological threshold above $1,000 for the first time ever last Thursday.

Ether’s market cap of $118 billion is second only to Bitcoin’s $269 billion, according to CoinMarketcap.com.

Continue Reading == >

Today's Trade of the Day | 1-8-18

SQ Square Inc Chart 1-1-8-18

SQ Square Inc Chart 1-1-8-18

SQ Square Inc popped 19% last week after five weeks of selling. $42 is the 50% retracement level. I am game planning a sell short today on a higher open. Using a $42.25 limit order and a stop loss on a close above $43.50. Profit target comes in at $37.75.

SPY ETF Chart 1-8-18

SPY ETF Chart 1-8-18

Become a Better Trader. Get Notified.

HEADLINE NEWS

S&P 500 Heatmap

SP 500 Heatmap (from 1-5-18)

SP 500 Heatmap (from 1-5-18)

Stocks to Trade | Monday Edition 1-8-18

MOMENTUM

Bullish Momentum: OSTK, SQ, EA, JD, CVS, BA, ATVI, BZUN, PYPL, TJX, CRZO

Bearish Momentum:

ORDER FLOW

Bullish Order Flow: OSTK, DVA, CAT, TSCO, NFLX, KSS, AABA, BA, EOG, LOW, MA, V, LYB, FB, COF, AMZN, UNP, TGT, DE, DG, MAR, HD, DLTR, JPM

Bearish Order Flow: pcg, eix, khc, pm

Double Normal Volume: OSTK, SCG, D, ERJ

Inside Days: bac, mu, twtr, c, wfc, ko, amat, kr, mrk, wba, lb, ms, csx, bbby, tgt, kss, tsla, gps, bby, aig, nbl, oxy, fl, urbn, cl, wdc, axp, nov, stx, trip, akam, fslr

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.

Leave a Reply 0 comments

Leave a Reply: