|Day Low/High||180.28 / 184.35|
|52 Wk Low/High||142.00 / 233.47|
* There are many historical reasons to be concerned * The Nasdaq looks especially vulnerable (watch out below Apple!) * My conviction that an important market topping process is in place has grown Evidence of a market topping process, which began in...
The removal of China's biggest telecoms company from semiconductor customer ledgers is leading Qualcomm stock lower.
CRM is still suffering, but a number of other cloud stocks are still hot. Here is how to play it.
Any new money I am putting into the market on dips is being done via buy-write option orders.
It's far from certain that the Commerce Department plans to subject chip sales to Huawei to government review will lead to a full-blown sales ban.
It's ironic. Had the Chinese let Facebook, Amazon, Netflix and Alphabet in, there could have been some massive retaliation for Huawei. But they never did.
After covering shorts in , , , , (and others) earlier this week, I am very liquid. I stand ready to reload these shorts on further strength.
We have to stipulate what makes a market really tick these days in a world where we are ruled by tariffs and trade with a Fed sideshow.
China is almost out of ammo in the trade war. To us, that might look like we are close to a solution. Don't bet on it.
On day three, the sellers forget why they sold and the buyers remember why they like stocks.
Movement into defensive names should be considered a sign of caution.
There is a firm belief that something has to be done, something, and at least Trump has a plan, however flawed, it's a plan.
"Just one more thing." -- Lt. Columbo Since I was unusually active today (and I know it can get confusing) I think it would be helpful to summarize today's trades. * I covered all of my semiconductor shorts -- Intel and Micron (still on my Best Idea...
President Trump has decided that the U.S. simply shouldn't do business with China and if you do you are going to have to pay the price.
Until we see the stock acting independently from the market, what Apple does may not matter.
Apple's antitrust defense is moot after a narrow court decision on Monday morning.
Shares of the customer relations software provider are up 375% over the past three years.
I have covered half of my Apple trading short rental at $188.85, and half of my Caterpillar short rental at $126.30 in pre-market trading for a large gain. Back to small-sized.
Let's see what this weakness could do to the charts.
Apple is feeling the brunt of trade anxiety on Monday morning.
* A regime of volatility is growing more conspicuous (and likely) against an investment backdrop dominated by machines and algorithms * More volatility is suggested by an increasingly ambiguous global economic picture and with the chances of policy ...
Trump may say China broke the deal, but here is a deeper dive into what happened -- and what the outcome is likely to be for the markets.
Uber's IPO move could be a blip on the road to autonomous driving.
* Raising my short exposure this morning As the business media dwells on the IPO, the market backdrop continues to deteriorate. I continue to see growing evidence that the market could be in a major topping process - with prior highs (and a possible...