|Day Low/High||73.32 / 74.79|
|52 Wk Low/High||31.13 / 87.25|
One of the key technical market concerns/divergences (and the reason I am scaling into Index shorts on strength) are the continuing and consistently weak breadth. Today the decliners exceeded the advancers by a 8:7 ratio. As I mentioned in yeste...
"Beware of false prophets, who come to you in sheep's clothing but inwardly are ravenous wolves." - Matthew 7:15 In a maturing bull market, contrarian views can be enlightening. I will again note how critical one should look at "Group Stink" espec...
The current memory up-cycle still has a ways to go. And with Micron's stock having tread water for several months, its risk/reward looks compelling.
I've been hot for the semis for a good while now because of the widely covered shortages that are creating significant pricing power.
* Fin TV makes trading and investing seem so easy "Price has a way of changing sentiment." - Divine Ms M If you have been watching CNBC in the noon hour - you can taste how extended the Bull Market in Complacency has gotten. Also, please note how co...
The greenback has maintained a higher level of relative strength versus its peer reserve currencies than I would have thought.
The shares have been soaring since the middle of May.
As inflation worries sap investors' energy, I'm eyeing this semiconductor technology name.
Remember the unanimity a month or two ago on the upbeat prospects for Micron's shares? Now look at the MU chart. Nary a comment, regret or admission from the self confident bulls, especially of an unusual call activity-kind. And no guilt.
I usually buy the dip on big 'down' days. On Wednesday I did buy the dip -- but only in gold.
Can you buy Tesla, Spotify, Zoom? Each is a different story, so let's look at tech stocks and how they're moving as we go into the reopening.
Here's where I would consider getting long.
Though the chip manufacturing giant is lower post-earnings, there's a lot to like about its revenue and capex guidance, as well as other commentary it shared.
Amid the vaccine rollout, we have low rates, money coming from the government to families, and a Fed committed to creating jobs. Here's what it all means for investors.
MU doesn't expect to be able to meet industry demand for either Dram or NAND memory through calendar year 2021.
Word is that Biden will introduce the first part of two spending plans that will likely cost anywhere from $2 trillion to $2.5 trillion over eight years.
It might be too difficult for Jay Powell NOT to raise rates now that the Great Reopening is upon us.
Tech companies likely to see revenue growth inflect higher could continue doing well, as might relatively inexpensive ones that are poised to continue growing.
While chip stocks have outperformed in recent months, some still look intriguing as tech stocks in general sell off this week.
When any resemblance of fear or risk management returns, we'll likely have a sharp, but buyable dip in quality names.
"Just one more thing." - Lt. Columbo I have my hands full with quite a lot of business projects I am working on (including a new hedge fund). I was actively trading -- before and after leaving my office this afternoon -- and I want to alert you ...
We are going to live again. You will dance in the aisle at some concert whose performer I have never heard of, and you will cheer for your favorite team in person again.
MU looks like it will pull back and correct the price strength seen since August.
Plus, a preview of the coming Consumer Electronics Show and quick news hits on Micron and Boeing.
I had thought markets were smitten with the idea of gridlock. Now, they seem laser focused on looser fiscal policy as a catalyst.