Qualcomm (QCOM) Offering Possible 19.05% Return Over the Next 28 Calendar Days

Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $140.00 short put and a strike $130.00 long put offers a potential 19.05% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $8.40 would be incurred if the stock dropped below the $130.00 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Qualcomm is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Qualcomm is bullish.

The RSI indicator is at 71.04 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Qualcomm

Nvidia's Parabolic 2020 Gains Are Put To The Test After The Bell
Wed, 18 Nov 2020 15:51:03 +0000
Analysts are anticipating a record quarter from Nvidia this evening

Microsoft Teams Up With Chipmakers to Boost PC Security
Tue, 17 Nov 2020 14:00:04 +0000
(Bloomberg) — Microsoft Corp. said it has developed a security technology that chipmakers Intel Corp. and Advanced Micro Devices Inc. plan to incorporate into personal-computer processors to boost their ability to ward off hackers and cyber-attacks.Intel and AMD said chips with the new technology, which Microsoft is calling Pluton, will be ready within the next few years. Qualcomm Inc. expressed support for the approach, but declined to say whether it would incorporate this specific design in its chips. Microsoft and the chip companies for years have been seeking ways to bolster computer protection by locking important information like passwords and security certificates in hardware, making it tougher for hackers to exploit vulnerabilities in one computer program or part of a device and use that weakness to take over an entire machine.The Microsoft design will be directly embedded on the main computer processor, which makes it harder to hack PCs and laptops, and will offer more consistency in PC security if the technology is widely used. The advantage that on-chip security offers over software-based protection is that physical access to the machine is usually required to hack in, compared with the risk of a remote attack via the internet. That’s become even more important during the Covid-19 pandemic, because many company employees are working remotely on home hardware rather than operating behind corporate firewalls.“You’re now talking about maybe a few people in the world that have the tools and expertise” to hack a system using the new Microsoft technology, said David Weston, a partner director working on enterprise and operating system security at Microsoft.Even when chips are currently used to protect passwords and other essential information, they are often separate from a PC’s central processor unit, or CPU. The link between those two chips has been identified by hackers as a potential vulnerability. By building the security circuitry into the CPU itself, that connection isn't needed, meaning there's one less area open to illicit access.Microsoft is trying to repurpose technology used in its Xbox game consoles — which now guards against hardware hacks to use games that haven’t been paid for— to make attacks on Windows-based personal computers more difficult. The technology was developed by Microsoft’s in-house chip engineers, a team that has grown as the software maker engages in more custom processor design and development for products like the Xbox and the company’s HoloLens augmented reality goggles. Microsoft plans to continue its expansion into chips, but is unlikely to focus on general-purpose chips like  those from Intel, AMD and Qualcomm, said Microsoft Chief Product Officer Panos Panay.“Where we think we need to invest in silicon, we are absolutely going to,” Panay said. “If there’s a need, we’re going to fill it.”The idea of embedding security inside chips isn’t new — chipmakers in the past have built in systems and devoted protected areas on their central processors to isolate keys, passwords and digital certificates to make them tougher to access. No solution is unhackable, as illustrated by the hardware attacks of a couple of years ago — called Spectre and Meltdown — that targeted vulnerabilities in Intel’s processors. For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Microsoft reveals Pluton, a custom security chip built into Intel, AMD and Qualcomm processors
Tue, 17 Nov 2020 14:00:04 +0000
For the past two years, some of the world's biggest chip makers have battled a series of hardware flaws, like Meltdown and Spectre, which made it possible — though not easy — to pluck passwords and other sensitive secrets directly from their processors. Now, Microsoft thinks it has the answer with its new security chip, which it calls Pluton. The chip, announced today, is the brainchild of a partnership between Microsoft and chip makers Intel, AMD and Qualcomm.

The Huge Technology News That Went Totally Under the Radar on Monday
Tue, 17 Nov 2020 12:53:00 +0000
On Monday, mobile chip giant Qualcomm (NASDAQ: QCOM) received a license to sell some of its 4G chips to Chinese phone giant Huawei. Qualcomm surged about 3.3% on the news, but other big semiconductor stocks such as Micron Technology (NASDAQ: MU) and Taiwan Semiconductor Manufacturing (NYSE: TSM) surged even more, up about 6.8% and 6.5%, respectively.

Momentum stocks may get an end-of-the-year push, history shows
Tue, 17 Nov 2020 12:07:00 +0000
Momentum stocks — those that have performed well in the past year — typically get a boost in December.

Related Posts


MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.

This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.

The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.

The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.