Nvidia Splits Shares Amid Looming Semiconductor Shortage

 
May 25, 2021
 
Dominate Summer With This Strategy
Trading expert and Wall Street legend Chuck Hughes has been helping traders bank huge profits for decades …

But now he's trying something different… A new method that was able to turn $5,900 into $212,217 in just two years.

So how does Chuck want to spend his summer?

Teaching everyday traders how to use his Triple Threat strategy to dominate the market.
Spend the Summer With Chuck
 
Nvidia Splits Shares Amid Looming Semiconductor Shortage
Economics, at its core, has one basic principle: supply and demand. So what happens when supply can't keep up? Well, prices go up — which is also known as inflation…

That's exactly what we're seeing with the semiconductor chip shortage, and it looks like it's only going to get worse. That's not stopping some companies, however.

Nvidia was the topic of the day Friday morning as the crypto world's favorite chip manufacturer announced a 4-for-1 stock split, sending shares up about 3% for the day.

The company saw incredible growth during the pandemic — gross profit and revenue rose 61% year over year. And we don't think it's done rising.
What About the Shortage?
 
Stocks, Crypto Took a Beating. Is It Time to 'Sell in May and Go Away?'
"Sell in May and go away" is one of the most well-known adages on Wall Street. It's based on historical underperformance over the summer months that usually picks back up in November.

The idea is to sell your stocks in late spring, and then invest again around mid-autumn. And from 1950 to about 2013, the Dow indeed posted lower returns from May to October compared to the November to April period.

But since 2013, things have changed

And the way it's been going of late, the 2021 version — before Thursday and Friday's bump — looks like sell in May and run away.
Here's What I'm Seeing
 
 "I like your tutorials based upon chart evidence. I collect your teachings and keep them to reread. Your new videos are simply spoken chart evidence. Keep up your great teaching and encouragement"

John R.
Momentum Trading involves a strategy to capitalize on the continuance of an existing trend. It involves going long stocks, futures, or ETFs showing upward-trending prices and short the respective assets with downward-trending prices.



 
 
 
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