tesla micron nvidia roku

Nvidia, Micron, and Roku Are Still Struggling, Tesla Preview

This column is my opinion and expresses my views. Those views can change at a moments notice when the market changes. I am not right all the time and I do not expect to be. I disclose all my positions clearly listed on the page, and I do not trade my account on the stocks spoken of in this column unless fully disclosed. If that does not work for you stop reading and close the page. Do not bother me or harass me.

Otherwise, enjoy the column!

Subscribe to The Market Chronicle to get the Daily Monster Market Commentary and join the 2,892 subscribers getting it for FREE!

Nvidia, Micron, and Roku Are Still Struggling, Tesla Preview

[vc_tweetmeme type=”follow” follow_user=”michaelmottcm” show_followers_count=”true” large_button=”true”]

Final Thoughts on 2018 Outlook

2018 will be all about earnings growth, inflation watch, and interest rate. Should inflation stay in check, then I think 2018 should be another solid year for the markets.

Join our 2,892 Daily Subscribers And Get This Commentary In Your E-Mail! Subscribe


Roku has officially broken down and moved outside of support. It sets up a potential fall in the stock to $48.50.


Chip Stocks


Nvidia has struggled lately and has been unable to regain the level of support it had throughout all of 2017. It surely not a positive sign and there is now a sign of a downtrend forming in the chart, admittedly not a great way to start off the new year.


Subscribe to the The Market Chronicle to get it Daily and join the 2,892 subscribers getting it for FREE!

[widget id=”wordads_sidebar_widget-18″]


Micron’s shares have traded poorly post earnings results, far worse than I expected. In fact, the stock is again at risk of a significant fall, should support not hold at $40.50. Part of the reason for the poor performance is the Chip group as a whole has performed so poorly lately. But don’t feel bad, because they have had a monster year. Look at the chart below for proof.


Compiled Using YCharts

Count ’em, only three stocks out of the top 25 holdings were down for 2017!  You think 2017 was a good year for the chipmakers?

We Now Have Premium Video’s On-Demand

Mott Capital – Thinking About 2018 from Michael Kramer on Vimeo

We discuss the sectors that are likely to do well to start 2018 and the sector that will lag.


By January 3rd, we should have Tesla deliveries numbers, for the Model S, X, and 3. Reports that truckloads of Model 3’s are leaving the plant in California. I have no idea how many Model 3’s will be delivered this quarter, it is anyone’s guess, but for fun, let’s say its 5,000.



Technology stocks look set to have a pretty slow start to 2018. It needs to get back into that trading channel. That means either a slight downdraft to start the year or flat action until Feb.


S&P 500

Finally, the S&P 500 is going to finish the year right in the box we drew out awhile back. A great finish to a fantastic year.

S&P 500

Read Our 10 Monster Predictions For 2018

[widget id=”wordads_sidebar_widget-18″]

Sign-up for our premium content on Seeking Alpha Market Place – “Reading The Markets”  and a get Two Week Free Trial Period

Premium Content: Benefits include the ability to reach out to Mike with questions through a chat room, direct message, or comments. 

We will respond to questions in short order and will respond to questions with full-post or video segment, just not one or two-word answers. 

Just $40 per Month

Disney- The Market Finally Get’s It

Why The FANG’s Could Lead In 2018

Tech Wreck V12.4.17 – More Room Too Fall

Machines Break Loose

Why The S&P500 Could Melt-Up Into Year End

S&P 500 Breakout- 2700?

[widget id=”wordads_sidebar_widget-18″]

Free Articles Written By Mike:

Alphabet’s Bull Run May Be Far From Over

Why Alibaba May Rebound by 20% or More in 2018

Why Bitcoin May Plunge 50% Further

AMD and Nvidia, Bitcoin Fears Maybe Overblown

Nike and Home Depot May Be Ready To Fall By 10%

GE’s Stock Investors Should Brace for More Pain

Apple Chipmakers Are Ready To Rebound

Micron’s Earning Blowout May Fuel 14% Stock Rebound

We offer daily market commentaries sent directly to your inbox or follow us on Twitter.

Join our 2,892 Daily Subscribers And Get This Commentary In Your E-Mail! Subscribe


[vc_tweetmeme type=”follow” follow_user=”michaelmottcm” show_followers_count=”true” large_button=”true”]

Photo Credit Via Flickr

Michael Kramer and the Clients of Mott Capital own shares of TESLA

Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future.

© 2017 Mott Capital Management, LLC.  Use, publication or reproduction in any media prohibited without the permission of the copyright holder.

Tags: #nvidia #roku #micron #sp500 #tesla #model3

Thanks For Visiting The Market Chronicle!

Sign up to receive more great market content like what you just read sent to your inbox daily!

We don’t spam! Read our privacy policy for more info.