|Day Low/High||58.45 / 59.24|
|52 Wk Low/High||16.45 / 55.70|
This fabulous group is a ball of confusion until you look where they come from.
I've been hot for the semis for a good while now because of the widely covered shortages that are creating significant pricing power.
It was only frustrating for those who invested in the indices.
We've raised our stop protection and added a higher price target for the semiconductor stock from earlier in June.
After five days, the nastiness that is allocation through high-speed algorithmic selection (profit-taking) returned to the fold.
Buyers make or break companies with their voting or buying or betting. Somedays it's all that matters.
Plus, we take quick looks at the charts of Apple and Tesla to discern what may lie ahead for those stocks.
With inflation on many investors' minds, the May Consumer Price Index will provide important clues as the U.S. economy continues to reopen.
The chip giant is clearly thinking big under new CEO Pat Gelsinger. But a turnaround will take time to pull off.
This week's big energy story? A giant container ship is stuck in the Suez Canal and could be stuck there for days.
Let's once again review the charts and indicators.
While chip stocks have outperformed in recent months, some still look intriguing as tech stocks in general sell off this week.
This isn't an aggressive trade in my view but I'm not sure I want to be aggressive here.
But, I will not be messing around with MRVL equity ahead of the digits.
Among other things, the president works to align Democratic senators to support his massive Covid relief bill.
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
I am talking about themes that can stand the test not of today, or tomorrow, but for all of 2021 and beyond.
At some point, there will be a fiscal support package passed -- but only when both sides think they can take the credit.
Also, Salesforce posts successful quarter and announces Slack acquisition to effectively take on Microsoft.
Perhaps the best thing for the markets that might come out of Tuesday's election would be certainty, regardless of outcome.