|Day Low/High||72.31 / 76.30|
|52 Wk Low/High||48.44 / 96.73|
This is pretty typical Fed Day action, when traders do some quick trades while they wait.
"Keep the juices flowin' by janglin' round gently as you move." -- Jonathan Heller, Catch The Wisdom As of 2PM a most quiet and uneventful day. (Famous Last Words!) "Takeaways" is out early because I have a handful of earnings reports I wanted t...
The nice thing about earnings season is that it benefits stock pickers.
The bulls have not been able to build on strong action -- and the bears have been even more inept.
With dip buyers acting automatically when stocks sag a bit, the market simply refuses to go down.
"Success breeds complacency. Complacency breeds failure. Only the paranoid survive." - Andy Grove Perhaps this qualifies as a potential warning from "Uncle" Bob Farrell's ten lessons of investing. Frankly, I thought dumping Ford's Fields was idi...
Give dip buyers the benefit of the doubt on Wednesday.
Though tech M&A activity has cooled a bit, it certainly hasn't evaporated. Here's a look at the buyout prospects for some companies whose names are in the M&A rumor mill.
Any day that starts with commentary by Sam Zell (on Squawk Box)... is a good day. Energy Select Sector SPDR (ETF) XLE goes on my Best Ideas List - long (at $67.05). I like this contrary investment (not trading rental). Allergan fell after go...
Optical stocks are being taken to the woodshed today -- Oclaro -$0.86 (-10%), Lumentum -$2.15, MACOM Technology Solutions -$4.00, Acacia Communications -$3.00, Applied Optoelectronics -$2.00 and Fabrinet -$2.90. I recently wrote several columns ...
As I have expressed in both the Comments Section (see last week's negative second-quarter industry forecast by brokerage B Riley) and in my Diary, the volatile optical space appears to be facing poor short-term fundamentals. And takeover hopes see...
Some subscribers (discussed in the Comments Section) have expressed interest or are involved in the optical space. I am hearing some vague Chinese concerns. Oclaro , Finisar ,Acacia Communications and Lumentum Holdings are all under pressure tod...
Oclaro , the object of discussion in my Diary recently, continues to trade up with all its collaterals/competitors after the recent conference, which indicated that business fundamentals are on solid footing. As I previously mentioned, Finisar has ...
Though Finisar and a couple of other component vendors have offered disappointing outlooks, strong demand from cloud giants should continue propping up the industry.
In addition to being packed with new features, the company's latest flagship iPhone might sport an unprecedented price and feature an earlier production ramp.
Find a strong sector, then look for attractive stocks within it.
Advanced Micro Devices has been a great example of momentum in the group since its breakout in mid-November.
A string of downbeat earnings reports suggests weak telecom capital spending will take a toll on many companies. That includes some optical component high-flyers.
Forget about P/E ratios; 'cheap' stocks are cheap for a reason.
The market is repeating a cycle we have seen many times in recent years.