|Day Low/High||48.05 / 49.18|
|52 Wk Low/High||31.13 / 61.19|
Among the things to watch: How Q3 demand is trending for markets such as smartphones, online advertising, streaming and e-commerce.
While valuations still aren't as high as they got in 2000, a lot of recent investor behavior feels very familiar.
With so many bullish clues it's easy to recommend a long position on MU.
MU's cloud integration and migration to the cloud remains a main business theme driving capital expenditure on the data center.
I will tell you this. Nobody I talk to is talking much about Q2 earnings. In fact, Q3 is not even the topic of conversation.
* After "playing" the rally off of the March lows (with plenty of longs) I have recently (again) gotten net short of exposure To summarize some my recent activity: * I took off numerous investment longs (for profits) into the rally -- including , , ...
Let's hope that the violence subsides, the valid voices of peaceful protesters are heard, and the lack of social distancing protocols does not lead to a resurgence in the spread of the virus.
Let's take stock of who's likely to come out ahead in this winner-take-all marathon.
* A further look at Warren Buffett's actions suggests that there are more uncertainties today regarding the trajectory of economic and profit growth than existed in March, 2009 * Stocks may have a short term bias slightly higher (bearsh positioning,...
For now at least, cloud giants appear to be scrambling to add capacity to help support usage spikes for many apps and services.
In any other business, if you saw demand fall, you would make less, but what did oil producers do as Covid-19 stopped people from driving, flying and leaving home?
China's COVID-19 outbreak weighed on both PC production and demand in Q1. But sales got a boost late in the quarter.
In their own ways, enterprise hardware and software demand are coming under pressure, as is chip demand in some end-markets.
* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the t...
I have just sold my trading long rental for a nice gain. This follows the profitable sales of and recently. That day, I also purchased and - despite the sharp gains (particularly in Procter), I am holding on to these.
As I have remarked in the past, there is an old trading adage - buy what is up in a down market (for a trade). Today I see these stocks as green in a sea of red: , , , , , , .
Back in mid-March I established five new long positions: Mar 17, 2020 ' 01:01 PM EDT DOUG KASS 5 New Long Positions In addition to materially adding to existing longs, I have established new long positions (some are trades, other investments) in the...
With retail stores shut and many consumers viewing smartphone upgrades as discretionary purchases, signs are mounting that smartphone demand has fallen sharply in recent weeks.
The five best performing and worst performing stocks in the S&P 500 in the previous quarter pretty much tells the tale of the tape, so here goes.
Should growth expectations have to come down for more than a few months due to macro headwinds, tech companies sporting high valuations will likely see multiple compression.
With so many charts of companies in weak positions lately, it's refreshing to see charts so strong as AMD.
Now the one thing you need to worry about with MSFT, as you have to do with all of the techies, is the GDP.
With S&P futures down markedly, I will be a dip buyer. As documented, I have sold some of my trading long rentals (e.g., S&P futures, , , etc.) and I plan to reestablish those positions on any meaningful market weakness.
Consider these stock model ideas: virus groups, work remotely, and fiscal.
I think our scientists, our medical minds, are working on an atomic bomb that can nuke Covid before it invades us.