5 Charts You Need to See: Nvidia the Value Stock?
We just closed out the first full trading week of the year, featuring new all-time highs, a crappy jobs report, and the Supreme Court failing to render a decision on President Trump's tariffs.
But we're here with the 5 charts you need to see right now, covering Uranium, Nvidia (NVDA), and MORE!
1. Uranium Is Shocking the World… Again
The Global X Uranium ETF (URA) is now up 18% YTD vs. +1.4% for $SPY.
That's after URA surged 67% last year.
The latest catalyst was Meta (META) signing nuclear power deals with Vistra (VST) and Oklo (OKLO), plus the Bill Gates-backed TerraPower.
This is a fascinating point in the AI cycle.
Because it's uncertain how long Nvidia (NVDA) can dominate chip performance.
But it seems 100% certain that AI is sucking up a lot of electricity.
And insider the uranium mining complex specifically, there is just not a lot of supply in terms of stocks to buy.
Look at the market caps of the better-known uranium companies:
- Cameco (CCJ): $46 billion
- Uranium Energy (UEC): $7.1 billion
- Energy Fuels (UUUU): $4.3 billion
- Denison Mining (DNN): $2.9 billion
And the URA ETF itself has just $6.3 billion in assets.
2. Nvidia: Value Stock?
Traders and investors are increasingly focused on the skyrocketing “second-order” AI stocks in areas like nuclear power and memory.
Former AI Kingpin Nvidia (NVDA) feels left behind to the point where it looks like a value stock, even though its earnings winning streak shows no sign of slowing.
It's trading at just 26.6 times forward earnings. Meanwhile, Costco (COST) trades at 45 times earnings.
Meanwhile, Nvidia is expected to grow earnings by 57% this year.
For Costco, it's 11%.
3. Apple's Big Oversold Signal
Apple (AAPL) is the second most oversold stock in the Nasdaq 100/QQQ, based on RSI:
That reading is nearing the April 2025 lows after the Liberation Day selloff.
Traders are worried about a myriad of issues including a China slowdown, skyrocketing memory costs, and Tim Cook possibly slowing down.
There's always chatter about the company being behind in AI… but how many people are dropping Apple devices over that?
I mean, I can use ChatGPT and Gemini and Grok and whatever else on my iPhone.
Right?
With the stock this oversold and the chatter so negative, perhaps it's time for a bounce.
And the one QQQ stock more oversold than Apple (AAPL)?
It's Netflix (NFLX), which has been beaten down because of the Warner Brothers acquisition drama.
4. PayPal Is Sitting on Major Support
PayPay (PYPL) can be one of the most frustrating stocks in the market.
It operates in two modes:
- High-speed uptrend
- Value trap disaster
And now it's sitting on major support around $57, which is above the 2023 low around $50.
Could there be $7 of risk down, and $30 up?
At less than 11 times forward earnings, this is one stock we have to watch.
5. OIH Is the ETF to Watch
Following President Trump's presumed takeover of the Venezuela oil industry, the VanEck Oil Services ETF (OIH) is the ETF to watch.
Because the companies in the OIH make the equipment and technology that gets oil out of the ground.
And you have to think these companies are about to land some big fat contracts.
On Monday, OIH made the “Gap of the Year” on the Venezuela news.
And that gap held:
ATTN: Serious Options Traders
There Is Just ONE Epic Trade Every Week