Nvidia has captured the technology investor community by storm.Nvidia’s stock price (ticker: NVDA) has surged in recent weeks and this has lead the broader stock market higher! But, as you can see on today’s “weekly” chart of Nvidia, the high flying NVDA hit its 261% Fibonacci extension level last week, where it created a bearish doji star pattern at (1).Recent weakness has me concerned that any further selling might trigger a broader stock market correction. Stay tuned! Sign up for our FREE newsletter ...

Over the last four quarters, Tesla generated total revenue and earnings of $96 billion and $15 billion, respectively. Toyota’s revenue and earnings are roughly three times larger at $299 billion and $44 billion. Yet Tesla’s market cap is more than double that of Toyota.   Tesla shares have soared since going public, while Toyota and other major auto manufacturers’ shares have meandered along. Since going public in 2010 at $1.59 (split adjusted), Tesla shares are up nearly 12,000%. That figure is more stun ...

Semiconductor stocks have been leading technology stocks higher. And today’s Semi stock has been red hot: Advanced Micro Devices (AMD)As you can see on the “monthly” chart below, AMD has been ripping higher in recent months. But it’s important to note the shaded areas. The blue shade highlights price from the 2000 dot-com high to the 2009 financial crisis low. This would be the 0 to 100% blue shade area for Applied Fibonacci purposes. The green shade area highlights price all the way up to the 161% Fibonac ...

Alibaba.com is one of the world’s largest wholesale marketplaces.To be honest, I had never gone to their website until today, even though we bought shares in BABA 2 weeks ago. So, in case you are like me and have not checked them out, they sell a lot of consumer items in bulk. And they also sell pretty much everything. For instance, if you want a 1000w off grid wind power Free Energy System for your home or business, you can get one and find an online description of the supplier, including their annual rev ...