|Day Low/High||200.64 / 206.49|
|52 Wk Low/High||110.19 / 206.51|
Are the semis right, and the bottom has been reached, or are the industrials right, and there is another leg down to come?
There is a lot of grumbling that the positive response to earnings that were recently cut is not justified.
Apple shares are up nearly 4% in after-hours trading.
What we have seen of late from a number of chip producers really might be interpreted as pre-recessionary.
The idea here is to buy something before everyone else wants to.
Shallow corrections should be considered a bullish event as traders and investors are not waiting for a deeper correction to buy.
This name has significantly outperformed both the S&P 500 and the health care sector over the course of this awful month
While not perfect, Lam and ASML's sales outlooks suggest fears of a major chip equipment spending downturn currently look excessive.
A number of quality chip companies now sport dividends above 2%. Here's a look at a few of them.
China fears and memory chip stagnation threats are making investors cautious.
The Philadelphia semiconductor index gave up 2.7% on Thursday.
Amazon's Chart? Wow! And, don't know if the timing is right just yet for Chinese names.
TSLA has always been a cash-burn story -- and it still is.
Micron Technology, Intel and Lam Research are good buys on this heat in semiconductors.
This group is expected to post second-quarter EPS gains of 30%; here is how to trade it.
With the Nasdaq trading above 7,700, it's not hard to see how worries about tariffs, export controls and other potential consequences from a trade war could weigh on tech stocks.
Better trade news could help tech stocks, and could eventually boost oil-infrastructure plays as well.
KLA-Tencor, Microsoft and Intel all report earnings after the close Thursday.
Forward looking valuations, except for Nvidia, are very low.
Latest salvo in China trade war damages tech while higher rates and oil undercut consumer goods and housing.
If it weren't for Dropbox this Micron story would be the story of the day.
Though investors are choosing to take profits after a big run-up, Micron isn't talking or acting like a company expecting the good times to end soon.
And in the heart of the order lies the semiconductor industry. Nothing happens without these guys.
There are three things I want to listen for, and perhaps focus on, as Fed Chair Powell testifies before Congress.
Final hour of play in the period. VIX stable. Dollar stable. Ten year stable. Oil crawling to the finish line. Still equities struggle as soon as we get to 3 pm. The real signal will likely come at 3:45 when folks start gaming the closing imbalances...
Intel, Lam Research and others have delivered good news for the chip equipment industry this earnings season.
There probably will not be a trade war, beyond the intention of making a point.
I have never seen anything like the beast that is rocking this market.
Picking one stock as a favorite at the start of a calendar year is difficult but it sure is fun to try.