|Day Low/High||105.16 / 107.66|
|52 Wk Low/High||59.45 / 107.74|
Though many tech names still carry high multiples, there are now quite a few with reasonable valuations.
This earnings season is already showing that capital spending from cloud giants remains far stronger than spending from traditional carriers. That affects quite a few hardware and chip firms.
Any day that starts with commentary by Sam Zell (on Squawk Box)... is a good day. Energy Select Sector SPDR (ETF) XLE goes on my Best Ideas List - long (at $67.05). I like this contrary investment (not trading rental). Allergan fell after go...
Optical stocks are being taken to the woodshed today -- Oclaro -$0.86 (-10%), Lumentum -$2.15, MACOM Technology Solutions -$4.00, Acacia Communications -$3.00, Applied Optoelectronics -$2.00 and Fabrinet -$2.90. I recently wrote several columns ...
As I have expressed in both the Comments Section (see last week's negative second-quarter industry forecast by brokerage B Riley) and in my Diary, the volatile optical space appears to be facing poor short-term fundamentals. And takeover hopes see...
Though Finisar and a couple of other component vendors have offered disappointing outlooks, strong demand from cloud giants should continue propping up the industry.
A string of downbeat earnings reports suggests weak telecom capital spending will take a toll on many companies. That includes some optical component high-flyers.
Forget about P/E ratios; 'cheap' stocks are cheap for a reason.
If the market closes weak today, it will be marked with an exclamation point.
Certain feelings are destructive when in the mind of a trader.
Until there is a change in the character of this action, it pays to be bullish.
MeetMe and Fabrinet yield nice returns, though I had to cut bait on a more prominent name.
One is a "sell the news" stock, the other is selling on negative news.
Making buys may require patience as stocks reset after recent frothiness.
Global Blood Therapeutics is a good example of how tracking a chart and waiting for a setup can work well.
There is hesitancy to chase, especially with the FOMC rate decision this afternoon.
With chaos blaring in the headlines, market players simple shrug.
One of those days where we are digesting the recent action.
Stocks run up or down more than most people think is reasonable.
Despite the S&P 500 reaching an all-time high, there is some hesitancy to keep chasing.
Jim Cramer likes stock of Kohl’s after the company topped earnings estimates.
Below $47 the chart is bearish and traders should act accordingly.
After tomorrow, the VIX will find itself returning to backwardation.