Today's AI stock trade ideas: August 19, 2026
Semiconductors took a beating Tuesday: the SOXX ETF fell 4.96 pct, Nasdaq -1.33 pct, S&P 500 -0.69 pct, driven by rising 30-year Treasury yields and profit-taking after a sharp multi-week AI rally. Today's catalyst is the FOMC minutes at 2pm ET, which could reveal how many Fed members were close to hiking at the July 28-29 meeting (three dissenters wanted a move). Eight trade ideas below, ranked by conviction. Scores: Conviction = how strong the setup is (1-10); Risk = how much can go wrong (10 = very risky); 1wk/1mo = rough probability the idea works in that window.
| # | Ticker / Play | Type | Entry | Stop | Target | Conv | Risk | 1wk | 1mo |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVDA | Stock LONG | $217-222 | $207 | $248 | 9/10 | 6/10 | 55pct | 72pct |
| 2 | META | Stock SHORT | $540-548 | $565 | $505 | 8/10 | 5/10 | 62pct | 68pct |
| 3 | NVDA $225c Aug 28 | Options (calls) | ~$4.85 | $1.50 | $12+ | 7/10 | 8/10 | 42pct | - |
| 4 | MSFT | Stock LONG | $479-485 | $455 | $520 | 7/10 | 4/10 | 55pct | 65pct |
| 5 | ARM | Stock SHORT | $252-258 | $272 | $225 | 7/10 | 7/10 | 58pct | 60pct |
| 6 | MU | Stock LONG | $930-960 | $880 | $1,050 | 7/10 | 7/10 | 52pct | 60pct |
| 7 | CRM | Stock LONG | $192-198 | $180 | $220 | 6/10 | 5/10 | 48pct | 60pct |
| 8 | CRWV | Stock SHORT | $91-97 | $108 | $75 | 6/10 | 9/10 | 45pct | 52pct |
1. Nvidia (NASDAQ: NVDA): LONG
The single highest-conviction setup heading into today. Nvidia reports Q2 earnings on August 26 after the close, with Wall Street consensus at $28.7 billion in revenue and $2.06 GAAP EPS - both representing roughly 50 pct year-over-year growth, per TipRanks. The stock pulled back -2.34 pct Tuesday alongside the SOXX selloff, but that was sector-wide, not company-specific. At $219.74, Nvidia is trading only 3.6 pct above its 20-day moving average ($212) - well off the extended levels that preceded prior earnings pullbacks. Entry in the $217-222 zone. If the stock closes below $207 (near the 50-day moving average), exit. Target $248 before or just after earnings. The risk: earnings are binary - a revenue miss or a weak guide could break the setup quickly.
