|Day Low/High||195.34 / 201.00|
|52 Wk Low/High||110.19 / 223.54|
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.
This list is not a buy list but a list of stocks that have been brought to new heights.
The administration will provide increased financial support to 5 pharmas working on Covid vaccines, and we must keep an eye on price action in this uncertain market.
NYSE will reopen the floor in a limited way, banks were in the headlines and Semis lead the rise.
Chip equipment and memory stock particularly look more attractive now.
KLA Corp. and Target already have triggered entry points, while CVS Health soon could.
I don't think any of the takeaways have to do with the political mess in Iowa, nor the 'State of the Union' address scheduled for Tuesday night.
MagnaChip Semiconductor and Ichor Holdings have joined the ranks of industry firms to announce that their Q4 sales were better than previously expected.
Let's review 2019 performance of RMPIA in relation to stock indexes and see what's ahead.
This company made headlines in 2019, and I'm betting on it as a great play -- in many senses of the word -- for this new year.
Overall the charts and indicators of KLAC look constructive.
The PC giants said they now expect Intel CPU shortages to continue into 2020, with Dell indicating costlier CPUs are now also affected. That could spell a bigger opening for AMD.
Also, Fed Chairman Powell says there are no plans for a U.S. digital currency (for now), plus Tesla's electric pickup.
Strong markets tend to stay sticky to the upside, and the mild pressure on the indices isn't preventing some good stock picking.
Markets are watching what Fed Chair Powell will signal for future rate cuts during this afternoon's FOMC rate decision.
Tesla and Lam Research are soaring post-earnings, while Twitter is plunging. Here's a look at what's driving the moves.
The tech sector has been the victim of the recent "on again, off again" rotation. That may really just mean that the group has been victimized by its own success.
The Chinese currency, the yuan, was permitted on Monday to smash through what has been considered to be the important psychological level of 7 to 1.
And as the semiconductor sector continues to shine, Brooks Automation is a name to keep in mind.
Also, defense industry names can breathe easier with word of debt ceiling and federal spending deal.
The chip manufacturing giant issued upbeat Q3 sales guidance and forecast this year's capital spending will be at the high end of a prior guidance range.
Analog chip suppliers, optical component firms and chip equipment makers could be among the firms that see M&A interest if trade tensions continue to ease.