Nvidia (NASDAQ:NVDA) stock rallied by a whopping 35% since May 21st when the company announced its first stock split in nearly two decades. (Photo via Smith Collection/Gado/Getty Images) Getty Images Silicon Valley headquarters, Santa Clara, California, August 17, 2017. Watch the full episode in the clip below, or click here to watch.Closeup of signage with logo for computer graphics hardware manufacturer Nvidia at the company's. When a stock hits one of his pivot points he initiates a buy order with a tight stop loss. Green mostly executes quick day trades, both on the long and short side. “SPCE came down right to our pivot levels at $27.60, I would be fine owning stock at that price which is why we sold puts right at that level,” Green said. Additionally, Green explained that he was long Virgin Galactic Holding Inc (NYSE: SPCE), via selling puts. Green also said he was long Roblox Corp (NYSE: RBLX), saying the stock was tough to trade, but that he liked it at current levels (around $75 a share). “It looks like a better buy than a sell right now,” Green said.
Green also discussed GameStop Corp (NYSE: GME), saying that he was not willing to short the stock at current levels. The show airs Monday-Wednesday at 9:25 am ET on BenzingaTV. Live Trading With David Green is a morning trading show in which David live trades the open on Benzinga. “We will get a lot of action once we have earnings coming out.” The stock will undergo a 4-for-1 stock split Tuesday morning.ĭavid Green, host of Live Trading With David Green on Benzinga, pointed out the strong trend in NVIDIA's stock on Monday's show. The stock opened $10 lower on Monday morning but quickly ripped higher by 6% in the first 90 minutes of trading. Veteran trader David Green pointed out the strength of NVIDIA Corporation (NASDAQ: NVDA) Monday morning.
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