Nvidia pushes for artificial intelligence in more than just self-driving cars
Nvidia Corp. announced renewed efforts to put artificial intelligence into a range of products beyond self-driving cars Tuesday, with an updated embedded system aimed at robots, drones and more.
At an event Tuesday evening in San Francisco, Nvidia NVDA, +1.10% announced an updated embedded system called the Jetson TX2, which aims to put advanced computing power in a host of devices. The company has already found success with its AI-enabled systems for cars and servers, pushing its stock to new heights —
NVIDIA Jetson TX2 Enables AI at the Edge
SANTA CLARA, CA–(Marketwired – Mar 7, 2017) – NVIDIA (NASDAQ: NVDA) today unveiled the NVIDIA® Jetson™ TX2, a credit card-sized platform that delivers AI computing at the edge — opening the door to powerfully intelligent factory robots, commercial drones and smart cameras for AI cities.
Nvidia’s Jetson TX2 makes AI computing possible within cameras, sensors and more
Nvidia has a new generation of its Jetson embedded computing platform for devices at the edge of a network, including things like traffic cameras, manufacturing robotics, smart sensors and more.
The Jetson TX2 has twice the performance of its predecessor, the TX1, or it can also redirect efficiency to power savings, using less than half the power consumption of the original to achieve the same processing abilities.
Today’s Trading Lesson…
An Open Letter To The Modern Trader
You know everyone thinks we’re crazy, right?
To most of the world, trading is a joke.
It isn’t a career. It isn’t a real job. It isn’t a way to have security.
It’s a hobby, a diversion, a phase that’ll come and go. Sure, you can get licensed, but don’t count on that to make you any money. That’s no guarantee.
Try telling your family or friends or coworkers you want to quit your job and make money trading. They’ll smile politely and ask, “Does anybody really make money from that?”
Yes, they want you to have dreams. Yes, they want you to chase them. Yes, they want you to succeed.
But they also want you to be “realistic.”
If you really want to improve your life, you should go to college, buy a franchise, or even go into sales, not hang all your hopes and dreams on the market. Nobody can make money trading.
On the Tape Today | 3-8-17
BA | Boeing Co showing relative strength (strong close) and solid bullish order flow. Game plan calls for a $182.50 buy-stop with a $189 target to sell. Setting a $181 stop loss if filled.
EQT | EQT Corp shows an inside day breakdown and room to go on a new short sale. Setting a game plan for a $58.25 sell-stop and a $54 target to cover. If filled and the stock price bounces, looking to trigger a $59 stop loss.
Thrive Leads Shortcode could not be rendered, please check it in Thrive Leads Section!
Tape Reading the SPY ETF
$SPY volume on the decline remains low, only 57 million shares traded.
A positive sign for bullish traders. Jobs reports this week and the FOMC next week could be the reason, but I don’t care for reasons. If this was distribution we would see much heavier volume on the decline.
If you’re getting chopped up looking for new longs, keep things in perspective, that’s the correct game plan. The stock market continues to hover near all-time highs. Stop beating yourself up for making the right trade.
Be aware of your news, look for new longs. Until we start to see multiple 100 million share days in the $SPY, it’s the correct game plan.
Stock Market Today: Heatmap of the S&P 500
Stocks to Trade 3-8-17 | Wednesday Edition
Short-Term Trading Momentum
Bullish Momentum: RH
Bearish Momentum: DKS, HES, LB, EQT, APA
Quarterly Order Flow
Bullish Stocks to Trade: BA, AVGO, AAPL, AMZN, FB, HD, UNH, PRU, INCY, AMGN, CELG, BIVV,
Bearish Stocks to Trade: DKS, HES, LB, EQT, RRC, PRGO, APA, TGT, GILD, KORS, NFX, TRIP, TEVA, NEM, YELP
2x Normal Volume: VRX, DKS, MGM, MOMO, P, DISH, GPK, ESRX, DDR, MJN, THC, HRB, MIK
Inside days: CSCO, JPM, KMI, DOW, WMT, M, PG, OXY, GPS, DIS, KSS, DD, FIT, UAL, LVS, AAL, AMZN, CCL, WDC, HON