NVDA is being heralded as the big winner from today's merger because ATYT will be tied to AMD and NVDA will have the rest of the world. Looks like last week's move was in anticipation of this week's news. NVDA doesn't report earnings until August 10th.
A big earnings beat and higher guidance, it doesn't get much better than this. I'd like to see SLAB pullback to $35.00 for an entry on support.
LVLT showed up on a momentum scan and it looks like it wants to push higher after all this consolidation. N.B. LVLT reports tomorrow BTB - Reuters est -0.22
CEPH is not a momentum play just yet, but it has formed a nice base (almost an inverted H&S bottom) and could break anytime now.
No comments:
Post a Comment