{"id":76681,"date":"2025-01-06T08:44:14","date_gmt":"2025-01-06T13:44:14","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=76681"},"modified":"2025-01-06T08:44:14","modified_gmt":"2025-01-06T13:44:14","slug":"scott-redler-nvidia-number-1","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2025\/01\/06\/scott-redler-nvidia-number-1\/","title":{"rendered":"Nvidia #1 – But for How Long?"},"content":{"rendered":"

Brought to You By\u00a0Scott Redler's Power Plays \u2013 Get My #1 Idea \u00a0Week.<\/a><\/b><\/p>\n

\"\"<\/a><\/p>\n

SPX<\/strong> futures are +30 after Friday gave us clues to put on more risk. The leaders leaders acted well and the SPX took back the 50-day.<\/p>\n

The neckline near 5832-5866 served as better support, and now we\u2019ll see if they blow out the right shoulder with a strong close above the 6006 area. That would negate the bear case.<\/p>\n

I added NVDA to Power Plays on the open Friday<\/a><\/strong><\/span> after the stock regained leadership status. It's the #1 Mag7 name to kick off the new year. And the game plan is to trim into this morning's strength. CEO Jensen Huang is doing a keynote at CES tonight, but the stock's already moved quite a bit. But I'll be looking to buy weakness because I see more upside in the weeks ahead.<\/p>\n

AVGO<\/strong> still looks great. We highlighted it as a leader last week. And if markets continue higher, $251+ can happen in the days or weeks ahead.<\/p>\n

META<\/strong> had a decent close Friday. I have calls on, and it's still a Power Plays name<\/a><\/strong><\/span>. Now we'll see if it gets and stays above $611.50 to start a sequence higher. $616ish is above that.<\/p>\n

NFLX<\/strong> stopped out most active longs around $915 and hit a low of $877 last week. Not much to do here as it tries to figure out what's next. It's below the 8\/21-day now, so it's time to be tactical.<\/p>\n

I bought CCJ<\/strong> back after its corrective phase when gave it $51.60 to buy against. Now, we\u2019ll see if it starts trading better. The first obstacle is to hold early gains and build.<\/p>\n

\"\"<\/a><\/p>\n

Featured: Join Scott Redler's Plays for $99<\/strong><\/h3>\n

Get Scott's #1 idea each week.<\/p>\n

That's 52 weeks for just $99. (not a typo)<\/p>\n

Be on the list for the next idea:<\/p>\n

See why now's the right time to join.<\/a><\/strong><\/p>\n

 <\/p>\n

*Scott Redler Positions Disclosure as of 2025-01-06 at 7.28.17\u202fAM<\/em><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Brought to You By\u00a0Scott Redler’s Power Plays \u2013 Get My #1 Idea \u00a0Week. SPX futures are +30 after Friday gave us clues to put on more risk. The leaders leaders acted well and the SPX took back the 50-day. The neckline near 5832-5866 served as better support, and now we\u2019ll see if they blow out the right shoulder with a strong close above the 6006 area. That would negate the bear case. I added NVDA to Power Plays on the open Friday after the stock regained leadership status. It’s the #1 Mag7 name to kick off the new year. And the game plan is to trim into this morning’s strength. CEO Jensen Huang is doing a keynote at CES tonight, but the stock’s already moved quite a bit. But I’ll be looking to buy weakness because I see more upside in the weeks ahead. AVGO still looks great. We highlighted it as a leader last week. And if markets continue higher, $251+ can happen in the days or weeks ahead. META had a decent close Friday. I have calls on, and it’s still a Power Plays name. Now we’ll see if it gets and stays above $611.50 to start a sequence higher. $616ish is above that. NFLX stopped out most active longs around $915 and hit a low of $877 last week. Not much to do here as it tries to figure out what’s next. It’s below the 8\/21-day now, so it’s time to be tactical. I bought CCJ back after its corrective phase when gave it $51.60 to buy against. Now, we\u2019ll see if it starts trading better. The first obstacle is to hold early gains and build. Featured: Join Scott Redler’s Plays for $99 Get Scott’s #1 idea each week. That’s 52 weeks for just $99. (not a typo) Be on the list for the next idea: See why now’s the right time to join.   *Scott Redler Positions Disclosure as of 2025-01-06 at 7.28.17\u202fAM<\/p>\n","protected":false},"author":4,"featured_media":75075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-76681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=76681"}],"version-history":[{"count":2,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76681\/revisions"}],"predecessor-version":[{"id":76685,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76681\/revisions\/76685"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/75075"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=76681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=76681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=76681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}