SHREVEPORT, La., May 16, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Futuremedia Plc Adr (Nasdaq:FMDAY), Loudeye Corporation (Nasdaq:LOUD), NVIDIA Corporation (Nasdaq:NVDA), and Chevron Corp (NYSE:CVX).
DonHarrold.net provides unbiased stock ratings from registered investment advisors. DonHarrold.net issues daily market commentary and features a member's area with detailed information on widely held stocks.
Important Stock rating Changes:
Futuremedia Plc Adr (Nasdaq:FMDAY) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/FMDAY.php Loudeye Corporation (Nasdaq:LOUD) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/LOUD.php NVIDIA Corporation (Nasdaq:NVDA) DonHarrold.Net Rating: Sell http://www.stockpickreport.com/abrating.php?sym=NVDA Chevron Corp (NYSE:CVX) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/CVX.php
My research suggests NVDA's price will move lower than the "open price" the day this rating was initiated.
This analysis is based on short-term stochastic and "relative strength" indicators.
With my "Sell" rating, stochastic and "relative strength" numbers may agree, but not in all cases.
Investors, traders, and other market participants may find this a good opportunity to sell NVDA, "sell calls," or "buy puts."
This may also be an opportunity to lower targets and raise stop/losses to protect capital.
Trading volume seems to be going up and NVDA's closing price moved down during the week before this rating was initiated.
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