|Day Low/High||186.80 / 193.68|
|52 Wk Low/High||110.19 / 218.57|
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.
As the flash memory industry begins to see signs of price pressure, boom times continue for the DRAM industry.
The Korean tech giant's report featured positive takeaways for memory chip rivals, mobile chip suppliers and others.
KLAC will need to decline further in the short run to confirm the pattern; meantime I favor the upside.
It's a good sign when the financials are leading, but that's just the beginning.
On the whole, tech stocks had a solid earnings season. But many richly-valued names sputtered despite releasing decent numbers.
If you don't want to sell short or stalk a bounce, do nothing until the Nq is closing back above the 20-day MA.
It's a wonder to me how split this market really is.
Leaders aren't leading and semiconductors aren't conducting.
Microsoft, Intel, Alphabet and Amazon are among the big-cap names that will report after the bell.
Selling had little or nothing to do with tax plan.
Don't allow yourself to be thrown off kilter by the emotional rantings of folks on Twitter or in the media.