|Day Low/High||38.59 / 40.20|
|52 Wk Low/High||28.79 / 62.40|
The chip stock surge at the week's end shines a light on just how pessimistic some investors had been as earnings multiples fell to rock-bottom levels last year.
What happened today is a recognition by money managers that they are paying too much for the drug and food stocks and too little for the building block techs.
These eight S&P 500 stocks have some of the worst returns year-to-date and represent a diverse roster of promising bounce candidates.
A demand drag and a supply glut are fomenting a perfect storm to pressure semiconductors.
What else can you say about a decision by the Chinese that amounts to a potential repudiation of the Made in China 2025 plan?
There are some solid individual names in tech, but traders must be selective.
Let's see if the worst is behind this stock.
I gave you a NVDA trade at Real Money and Real Money Pro on Thursday. Can't run from that.
* The regime of volatility is growing more conspicuous * An ideal trading market continues * But the earnings disappointments are countering normal seasonal market strength and adversely impacting investors' appetite for risk "Workin' on our night m...
You must hear Nvidia report a good number and you need to hear that Applied Materials won't slash its 2019 forecast.
Investors still fear missing out on a significant year-end rally, despite earnings that appear to be at peak levels and an economy that appears to have reached peak growth.
Larry Kudlow said the Chinese intransigence on trade is so harsh that he has 'never seen anything like it.'
Thinking about this year's losers that may selloff further into year-end.
While not perfect, Lam and ASML's sales outlooks suggest fears of a major chip equipment spending downturn currently look excessive.
As a classic cyclical stock, concerns about macro factors may be taking a back seat to fundamentals and demand indicators.
Share repurchases are shepherding chipmakers through a down period.
Investor sentiment may have shifted on this battered tech stock.
Comments yesterday and today from Lam Research and ASML Holding ASML point to favorable future growth in chips due to a variety of factors. They include: artificial intelligence, augmented reality, virtual reality, 5G and the IoT, semi-autonomous an...
Pricing pressures is expected to only get worse in 2019.
Lam Research is showing Applied Materials that China is still open for business.
The indices need to find support and we need some better pockets of strength.
I find no technical reasons to go long on AMAT.
AMAT could be turning its ship around after a sustained 2018 slide.
Buyer beware: semiconductor stocks require close attention.
Stay diversified and stay the course, there's nothing here that's going to change things longer term.
Nice Day Wasn't quite sure how this one was going to go today, especially when it became apparent just how many folks were simply not at their desks. Equities, for the most part, went green on the day, even the Nasdaq Composite after struggling to r...