Sentiment around the chipmakers hinges on Nvidia's earnings report, says options trader

  • 📰 CNBC
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Sentiment around the chipmakers hinges on Nvidia's earnings report, says options trader $NVDA (via OptionsAction)

"It's going to be an important number, I think, for sentiment in the semi space," he said Wednesday on CNBC's

"Look what it did on that rally back. It went back and it basically filled in that gap," Nathan said. "Since then, it's been down about 20%. It's still up 20% on the year."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

OptionsAction Cause Chinese company. So just aware.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow stock Cisco could drop 5% on earnings, traders sayOptions traders think there could be rain in the forecast as this cloud stock gears up to report earnings after the bell on Wednesday. Why so pessimistic I was right! It’s up 5%! cisco $CSCO
Source: CNBC - 🏆 12. / 72 Read more »

Alibaba, down 8% this month, could see a big move on earnings, traders sayOptions traders appear to be selling out of their bullish positions in Alibaba ahead of the e-commerce company's earnings report.
Source: CNBC - 🏆 12. / 72 Read more »

Cannabis stocks join market downturn ahead of major earnings reportsCannabis stocks were mostly lower Monday, amid a broad market tumble related to the Sino-American trade fight. Shocking. I thought MJ stocks were going to be the blue chips of tomorrow..
Source: MarketWatch - 🏆 3. / 97 Read more »

Cisco beats earnings target, says has cushioned supply chain from tariffsCisco Systems Inc reported better-than-expected quarterly earnings on Wednesday ...
Source: Reuters - 🏆 2. / 97 Read more »