|Day Low/High||640.83 / 652.30|
|52 Wk Low/High||229.69 / 669.00|
Let's check out the charts and indicators again.
With Applied Materials reporting earnings in August, this stock could still take a hit.
If others don't want to buy stocks, then why rush to put capital at risk?
GDP numbers will influence perceptions about inflation and how quickly the Fed may raise interest rates.
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.
David Butler explains why Micron and U.S. chip makers will be just fine and why China can't do it alone.
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.
The news flow is ripe for some selling.
Better trade news could help tech stocks, and could eventually boost oil-infrastructure plays as well.
All of this will likely drive more people toward the remaining non-cell semis, data center and social media.
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.
Execs at Texas Instruments, AMD, Skyworks and other chip and chip equipment firms have had some interesting things to say.
Rotational action is the main theme Wednesday and good opportunities are out there.
I just focus on what I believe to be true and what I understand best.
Compared with Micron, the UBS downgrade of Texas Instruments seems remarkable.
Maybe it's time to look at these stocks individually rather than as a group.
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.
The Feds accompanying statement came off, to me, as slightly confused.
The whole move up could be erased in a burst of technology stock selling.
And in the heart of the order lies the semiconductor industry. Nothing happens without these guys.
It's not just Gary Cohn putting stocks through the ringer.