This one's pretty simple. Blizzard is releasing a new Hearthstone expansion on 9th of April and a lot of kids(including me) are hyped about it. This addon has the potential to bring a lot of revenue to Blizzard.
On top of that it might be a great opportunity to hold for longer, since the stock lost more than 40% since October.
I've wanted to short this stock a while ago, but I think now is the right time to do so.
It's a short-term trade and I'm targeting at least $10.00. Might hold this for longer given the circumstances.
It's a risky trade and might not work out.
You'd think that it's a gamble buying Nvidia shares pre-earnings, but not really.
Their financials look very good, YoY consistent profits, overall a healthy balance sheet. finance.yahoo.com
Nvidia pretty much beats earnings every time, they missed on revenue and guidance last time I heard and lost 13% in a day, but the slowdown in China affects everyone really,...
Here are several reasons as to why I consider this a great trade:
1) We are currently on a very strong support level
2) Fundamentally AMD is a strong buy due to their innovations in CPUs and GPUs.
3) Great trade risk/reward wise
4) AMD earnings report is coming out 29 Jan. and I'm expecting fireworks.
Prolonged period of low volatility is forcing Apple to make up its mind.
With market participants increasingly turning bullish, we are most likely to see a move to the upside.
$SPX looks extremely dangerous here, selloff is very likely.
I suggest everyone to get out of equities until it's too late and hold on to gold for the time being.
Risks are simply too high.
