Chris Lau
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Chris Lau in Value Stocks,

Watch These Stocks Today (Monday, August 14, 2017

  • Settling towards $10.00 will not come easily. Snap (SNAP) bulls are fighting gravity but may lose. The stock is staging a rally and could give bulls some easy gains for the day. Rumor has it that interns are over-paid and the company is spending excessively on good office locations instead of saving money.
  • $SNAP, Snap Inc. Class A Common Stock / H1
  • Fiat (FCAU) is the subject of a takeover. The car company’s stock is too cheap. Ford stock is cheap, too but it is hovering near yearly lows. Trade TSLA instead.
  • TSLA:
  • $TSLA, Tesla, Inc. - Common Stock / H1
  • AMD jumped 5% on news the Radeon 56 and 64 series was launched over the weekend. The Vega card is not competitively priced against Nvidia’s (NVDA) card. AMD GPU sales will go up but not as much as everyone thinks.
  • AMD rebounds:
  • $AMD, Advanced Micro Devices, Inc. - Common Stock / H1
  • VXX plunged as NK/USA babbling quieted down. Buy the inverse to volatility: XIV.
  • NVIDIA snapped back following its strong ER.
  • NVDA:
  • $NVDA, NVIDIA Corporation - Common Stock / H1
  • Retailers slumped. Avoid JCP. It’s going towards $0.00
  • Accumulate Intel – INTC. The giant will face no margin pressure from AMD in the near-term.
  • Micron is back on track. Samsung is raising prices. MU cut output for the July manufacturing plant idle time:
  • $MU, Micron Technology, Inc. - Common Stock / H1

What are you trading today?

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