Option Play for Nvidia (NVDA)

Today's play is debit call spread on NVDA. The stock is set for new upward move along with other Nasdaq stocks such as APPL, ARMH, QCOM and AMD. Price and moving averages all in line and set to provide good base and support around $15.20 level. Target: Six months: 18.96     One year: 22.14 Support: Support1: 15.12    Support2: 14.44 Resistance: Resistance1: 16.23    Resistance2:...

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market outlook for dow jones futures and emini S&P 16 july

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Daily analysis for Dow Jones futures and Emini S&P futures for 16/072013

This week quite few earnings reporting, today was from Goldman Sachs who beat estimates. While big banks delivered better then expected profits other areas were not strong at all. Also there was CPI data which showed inflation is a little bit higher then expected with plus 0.5%  in June. This week investors will be mainly focused on Bernake semi annual report of monetary policy and everyone is hoping to get further clarification...

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