|Day Low/High||314.40 / 315.84|
|52 Wk Low/High||110.19 / 317.60|
Among other things, Intel disclosed weak server CPU sales figures and shared more details about its plans to battle TSMC and Samsung in the foundry market.
The president's plans to raise taxes aren't a surprise, but hiking the capital gains rate significantly isn't such a hot idea.
When you hear about chip shortage you need to think of Lam. The world needs Lam to add to capacity as fast as possible.
These seven concerns are why I took money out of the market for my charitable trust.
Plus, a look at the technical setup of KLA Corp.
MU doesn't expect to be able to meet industry demand for either Dram or NAND memory through calendar year 2021.
It might be too difficult for Jay Powell NOT to raise rates now that the Great Reopening is upon us.
The chip giant is clearly thinking big under new CEO Pat Gelsinger. But a turnaround will take time to pull off.
Let's hope for Intel's sake that CEO Pat Gelsinger has a successful homecoming.
Plus, semiconductor equipment manufacturers heat up while stock market volume isn't what it seems.
Keep your eyes open and beat the arrogant, self-interested profiteers who want to make money off you by making this more complex than it really is.
We can do it because it's just so good for so many people, states, companies, and the U.S.
Right off the top, the bubble has burst for the 'short squeeze' names such as GameStop and AMC Entertainment.
Plus, a look at the unusual chart pattern of Chegg Inc. and what it may mean.
While expected demand from clients such as Apple and AMD is also probably motivating TSMC to invest more, the size of its 2021 capex budget suggests other factors are also at play.
Buy the best and leave the rest to those who don't know better.
Plus, the rising possibility that the Senate may not remain in Republican control should give investors pause.
The most important market takeaway right now is that both the Nasdaq Composite and S&P 500 have filled their respective gaps and retaken their 50-day simple moving averages.
Applied Materials and KLA Corp. serve as real-world examples of how and why to go short one stock and long another in the same sector.
The 'work from home' or 'economic lockdown' trade is close to being back on.
Plus, reading tea leaves in the recent action in Apple and Salesforce.com.
There are still quality, reasonably-priced, tech companies out there, albeit with some risks attached.
Don't confuse what's happening on the S&P with the nation's economy.
Plus, the equity markets suddenly are trading quite listlessly and Applied Materials surprises.
While valuations are clearly very high for many tech names, investor euphoria might not go away until news flow meaningfully worsens.
Plus, Russia could provide a real-time clinical trial of a coronavirus vaccine.
Negotiations on the next round of stimulus, more so than tension between Washington and Beijing, and more so than earnings season, will control short-term financial market performance.
Traders should stand aside from the long side of KLAC until support develops.