|Day Low/High||58.97 / 59.81|
|52 Wk Low/High||43.63 / 69.29|
"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.
The big portfolio managers get ahead of the turn in cycles -- as we can see in oil services, semiconductors and autos, among other sectors. Here's how to play their game.
With thirty minutes to go in the regular hours trading session: * Second day of weakness with 1,340 advancers and 1,610 decliners on the NYSE. * But we are way off the day's lows. In fact S&P futures are 17 handles above the morning levels (Made a n...
The Apple settlement and technology shifts are the real story for Qualcomm investors.
There is a lot of good and bad that I see in the wake of last night's report and call.
RMPIA outperformed once gain during April.
Look for the stock to make a run at $55 now that recent ugliness is likely over.
There couldn't be two worst analogues to what we have going on this year than those two data points.
Recent shorts such as T. Rowe Price , Franklin Resources , Micron Technology , Intel and Apple are beginning to pay off!
We also dissect the S&P 500's record run, check out China's latest economic data and take a skeptical glance at an idea floated by a couple Fed officials.
'Rookie buying' ahead of the print can get you in trouble.