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The environment for chip stocks is undeniably tough. I'm a believer in an almost permanent state of demand for everything this industry does.
These markets expect the Fed to take the FFR up 225 basis points by September and another 50 bps to make 275 in total by year's end.
There will have to be an adjustment made to their Covid vaccine and others at some point.
Markets will either confirm or deny Monday's bullish reversal this week. Traders are already up to their eyeballs in water snakes and alligators.
My strategy relies upon two fellows aged 91 and 98 not only not retiring, but also staying sharp.
I would think that there could be a sharp rally at some point this week. There will be plenty of news.
Plus, a close look at the scary decline in Americans' disposable income.
This is a name that I haven't really considered for quite some time. Obviously that's an oversight.
Wednesday's session was dominated by traders, algorithmic traders for sure, but traders nonetheless. The PMs mostly sat on their hands.