Sold STP , SNDK & GOOG ...bought UXG & NVDA.
NVDA is reporting after close................the following numbers are expected:
Sales April 07 $835.74 July 07 $840.28
+22.6% YOY
EPS April 07 39 cents July 07 39 cents
+34.4% YOY
Deutsche Securities initiated coverage on NVDA with a BUY this morning.
Normally NVDA manages analyst very well....and there is a healthy tape action after ER.
Markets are very weak from overbought conditions.
It is important to lock profits when you have it.
Good luck on trades.
BLOG does not give buy or sell.
Saleem
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