strategist

According to Interactive Brokers chief strategist, Broadcom should replace Tesla in Magnificent 7 – CNBC, states Investing.com

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According to Interactive Brokers chief strategist, Broadcom should replace Tesla in Magnificent 7 – CNBC, states Investing.com

The chief strategist at Interactive Brokers expressed his preference for trading Broadcom over Tesla among the ‘Magnificent Seven’ stocks during an interview with CNBC. In January, analysts recommended replacing Tesla with Broadcom in the line-up of Nvidia, Meta Platforms, Amazon, Alphabet, Microsoft, and Apple. They cited Broadcom’s alignment with the current market trend and their … Read more

Strategist Advises Nvidia Options Traders on Positioning for Friday’s Stock Split – NVIDIA (NASDAQ:NVDA)

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Strategist Advises Nvidia Options Traders on Positioning for Friday’s Stock Split – NVIDIA (NASDAQ:NVDA)

A 20-year-old professional trader has shared his “MoneyLine” strategy for trading without relying on traditional indicators. Nic Chahine has found success with this simple line on a chart that has helped him win 83% of his options purchases. Nvidia Corp. (NASDAQ:NVDA) shares saw a decline following the company’s market capitalization surpassing $3 trillion. Options strategist … Read more

Strategist outlines Nvidia’s Q4 preparations

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Strategist outlines Nvidia’s Q4 preparations

NVIDIA recently announced its first-quarter results, surpassing analyst expectations in terms of revenue and profitability. Despite this strong performance, concerns have arisen about whether the company can maintain its growth trajectory. Dan Morgan, Vice President and Senior Portfolio Manager at Synovus Trust, shared his views on Nvidia’s outlook. Morgan acknowledged concerns about a possible slowdown … Read more

Strategist predicts Nvidia as the potential victor in the AI competition.

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Strategist predicts Nvidia as the potential victor in the AI competition.

As Nvidia prepares to release its first-quarter earnings for fiscal year 2025, Kevin Mahn, CIO of Hennion & Walsh, discusses the expectations for the chipmaker and how it may impact the market. The company is expected to report earnings per share of around $5.22, a significant 406% increase year-over-year. Mahn anticipates Nvidia will reveal more … Read more

Strategist argues that Nvidia’s success goes beyond just its chips

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Strategist argues that Nvidia’s success goes beyond just its chips

NVIDIA is set to release its fiscal first-quarter earnings after the market closes on May 22, with analysts expecting it to be a major market catalyst in 2024. Dan Niles, founder of Niles Investment Management, discussed the trajectory of NVIDIA stock leading up to the earnings release and the anticipated launch of its new Blackwell … Read more