|Day Low/High||61.32 / 62.77|
|52 Wk Low/High||42.86 / 69.29|
* Huawei's hoarding of semiconductor components has likely artificially buoyed demand over the last year * Semiconductor companies have "over earned" and much lower EPS guidance may lie ahead The U.S. has rolled back some of Sunday's restrictions on...
We're seeing a much different tone from last week, especially when it comes to chip stocks.
* What's wrong with rolling a 2.40% three month Treasury bill given the market action and fundamental uncertainties? * A Bull Market in complacency, in hyperbole and in hopium. * More evidence of a topping process. * Remember, buyers live higher and...
CRM is still suffering, but a number of other cloud stocks are still hot. Here is how to play it.
It is a tough market environment right now, but if you are positioned with a good supply of cash then you can be optimistic about finding good opportunities.
After covering shorts in , , , , (and others) earlier this week, I am very liquid. I stand ready to reload these shorts on further strength.
My better bet will remain on the cloud until the direction that global business has to move toward changes fundamentally.
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.
"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...
I have covered the balance of my (at $37.40) and (at $44.90) shorts. We have made good gains here and I believe I will have an opportunity to reshort on strength. At least I hope so!
Until we see the stock acting independently from the market, what Apple does may not matter.
I have covered half of my (at $37.50) and (at $43.30) shorts for large profits. Moved from medium-sized to small-sized.
My cash level continues to expand, which gets me excited for new opportunities when the market is acting this way.
My largest sector short - based on fundamental considerations - is in the much-loved semiconductor industry. The names are Intel and Micron .
The risk of being on the wrong side of the news is just too great unless you are a gambler rather than a speculator.
Not that it matters these days in such an "abnormal" and newsy market, but the close was sub-optimal. Often, technicians look at the last 30 minutes as a "tell." The Spyders lost nearly $1.80 and the S&P futures lost about 18 handles in the last hal...
Another day of "newsy" action as it pertains to how the trade negotiations are going. Today it was Sarah Sanders saying, in very vague terms, that negotiations are advancing in the sense that the Chinese are willing to proceed with the talks. As suc...
Today's trades included the purchase of and near-dated puts, and more shorts put on in Semis ( and ) and Asset Managers ( and ). I added to my large long. I liquidated my holdings in , and . As a result, I raised my net short exposure of my portfoli...
Following a big rally in recent months, KLA's shares are lower Tuesday after the company maintained a cautious view of near-term chip equipment demand.
My long book is down to small positions in , , and . Mediums sized in . And large positions in (actually very large as I have been adding), , , , , L and . My short book includes small to medium sized positions in , , , , and large positions in and ...
Trade worries have by themselves affected the Chinese sales of many tech companies.
Nvidia's biggest acquisition is in the hands of Chinese regulators at an inopportune time.
Chip stocks in general reflect concern about the repercussions of the president's latest threats to impose higher and expanded tariffs on Chinese goods.
The data center switch supplier still has strong long-term growth drivers. But it could see more profit-taking following a weak Q2 outlook blamed on softening cloud demand.