Wednesday, November 7, 2007

Checking in on NVDA

Given the state of the market I should just sell everything. But, there are some stocks I still believe in, and will add to on the way down.

Technically, NVDA looks like a great entry point with the price bouncing perfectly off the 50 day moving average. However, given CSCO's blow to the market we could see further weakness in tech across the board. In short, NVDA is still one of my favorite names and will add to it on a further weakness.

Note: Earnings due out tomorrow.

Update: Great article by Hillary Kramer, playing to win.

1 comment:

William G. Cash said...

Yeah, CSCO is hurtting the NASDAQ a little right now. NVDA still looks like a nice setup though.