|Day Low/High||362.33 / 371.17|
|52 Wk Low/High||191.25 / 402.87|
For now, chip equipment makers are still mostly seeing strong orders. But COVID-19 lockdowns and softer chip demand are potential headwinds.
Boeing's new estimate for the FAA's signing off on returning the 737 MAX to commercial skies has been pushed out until summer, June or July? Is that really that bad? Perhaps... this is a positive.
Almost 200 companies are slated to report quarterly results, including 43 S&P 500 constituents.
There's still some value to be found in the sector. But a lot of the easy money has definitely been made.
The Fed is doing this right. Let me repeat... the Fed is not screwing this up.
Much of it occurs when someone jumps the gun, deciding that the headlines must be traded without any knowledge of what is underneath them.
Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.
China reported positive data, bolstering markets. Netflix had a beat on earnings, but faces fierce competition ahead. CSX is a thing of beauty.
A published report said that TSM has seen orders for 7nm chips ramp higher.
Are the semis right, and the bottom has been reached, or are the industrials right, and there is another leg down to come?
The big contract chipmaker issues a downbeat forecast of what lies ahead for the semiconductor giant, and likely for the sector.
I think the rally can come sooner than later.
While not perfect, Lam and ASML's sales outlooks suggest fears of a major chip equipment spending downturn currently look excessive.
As most market watchers have come to expect during earnings season, Thursdays are the heavy day for corporate reporting. Tomorrow is no exception. There are a number of key reports to watch and assess. To steal a line from Doug Kass, from my perch, ...
I am unimpressed by the latest earnings report. Despite good subscriber growth, fundamentals look weak.
Alright folks, it's time to wake up, grab that coffee or other beverage that helps you start the day, and let's get ready for the market day ahead. Doug Kass is off and I'm ready to go. It's going to be a busy morning given some of the earnings repo...
Latest salvo in China trade war damages tech while higher rates and oil undercut consumer goods and housing.
Market reactions have ranged anywhere from lackluster to outright negative. What gives?
Intel, Lam Research and others have delivered good news for the chip equipment industry this earnings season.
Political negotiations tend to produce numerous rallies on each headline that a breakthrough has been made and a deal is near.
Huge investment plans by Apple bode well for U.S. economy.
Over-extension? Yeah, that could be it, or maybe the inflows of cash are merely slowing down.
On the whole, tech stocks had a solid earnings season. But many richly-valued names sputtered despite releasing decent numbers.
The world isn't ending just yet, however.
Apple Inc.'s European suppliers nursed heavy losses in early Monday trading as tech stocks continued to extend declines amid a global sector sell-off sparked by Friday's pullback on Wall Street.