|Day Low/High||63.67 / 66.44|
|52 Wk Low/High||42.74 / 91.63|
If you thought last week was busy, hang onto your hats.
Our 'bearish bets' show weak technical characteristics and have received recent quant downgrades.
TSMC's soft outlook was blamed in large part on high-end smartphone pressures.
Latest salvo in China trade war damages tech while higher rates and oil undercut consumer goods and housing.
Though many tech names still carry high multiples, there are now quite a few with reasonable valuations.
Business isn't great right now for these companies. But there's a good chance it'll be better in a year or two.
What's ahead for CRUS? Let's check the charts and indicators.
Apple's flagship phone has a starting price of over $1,200 in many overseas markets. And reports are growing of subdued 2018 demand.
My economist side would clearly prefer a rules-based approach toward monetary policy.
Just because business conditions look good for a company today doesn't mean they'll stay that way forever. Especially if a major rival or supplier has a change-of-heart.
This market is focused on Apple and Gilead's planned acquisition of Kite.
On the whole, tech stocks had a solid earnings season. But many richly-valued names sputtered despite releasing decent numbers.
More of the indicators for the maker of integrated circuits are leaning to the bearish camp.
Flexible circuit board maker Multi-Fineline Electronix is the public company that's the most reliant on Apple for its revenues.
In addition to being packed with new features, the company's latest flagship iPhone might sport an unprecedented price and feature an earlier production ramp.
Jim Cramer says it's challenging to understand what's really going on at Cirrus Logic and Qorvo, but there are two other names that are easy to understand.