|Day Low/High||48.39 / 52.92|
|52 Wk Low/High||32.14 / 61.19|
Though chip stocks have coronavirus exposure in multiple respects, the bad news now looks priced in for many names.
I am taking ($260), ($114.40), ($21.50), ($50) and ($119) off of my Best Ideas (short) List.
Advanced Micro Devices and Micron Technology are worth tracking as they give back some ground within larger bullish patterns.
Pre-market futures are continuing to point to an up opening in less than an hour. Investors continue to watch Q4 results hit the wires in a furious manner. Here are a couple that caught my eye. Expedia is up over 10% in pre-market trading after pos...
You can sell any stock that's up and take that money to the bank and no one will say, "sorry that was made off of euphoria, we can't take it."
MU should be bought on strength -- and I'll tell you where that is according to the charts and indicators.
That's the question my wife asked me recently -- here's my answer.
For those that are keeping score, I am very liquid today... Longs: , , , , , , , , , , and Shorts: , , , , , , , , , and __________ Long FDX (large), GLD (small), KSS, KHC (large), PZZA, TWTR (large), VIAC (large), M (large), GE (small), C, BAC, W...
How does one approach these markets? How does one interpret what they see before them?
It may not be too late to take part in the positive market action on semiconductor stocks, but be cautious. Here is how things stand.
As the Commerce Department drafts new Huawei export restrictions, some of its U.S. chip suppliers are better-positioned than others to limit the damage.
Intel CPU shortages and the end of a business PC upgrade cycle are both likely to weigh on near-term PC demand.
I am simply respectful of the power of hope melded with the strength of so many parts of technology and I want to buy, not sell, these stocks when they get hammered.
While chip stocks are now pricing in a lot of optimism, the latest headlines aren't exactly giving bulls cold feet.
What you have is a geopolitical event that markets were not positioned for.
There is no doubt that price is indeed fact. Whether or not price is truth or not depends on a much higher standard for qualification.
During a talk with TheStreet following Micron's latest earnings report, CEO Sanjay Mehrotra expressed optimism that DRAM industry conditions will gradually improve over the course of 2020, following a rough 2019.
On Micron ... So Micron CEO Sanjay Mehrota is calling "the bottom" (again). On Dec. 19, 2018 (exactly 1 yr ago) Mehrota stated Micron was just suffering from a short-term "air pocket" (untrue), the 2nd half of the calendar yr. would be "improved" (i...
While several factors are at play following its earnings report, MU should get to $60, barring a market reversal.
Micron makes mention that cloud created cap-ex is already on the rebound, however forward guidance is unspectacular.
Micron first quarter report was slightly above expectations - with revenues of $5.14 billion (consensus was $5 billion) and EPS of $0.48 (consensus was at $0.46). The company guided second quarter sales to $4.65 billion and EPS to $0.35, slightly be...
A lot of the names that fell hard after the Clinton impeachment have been record earners since then.
With the help of healthy demand and restrained industry supply growth, Micron expects its financial performance to improve over the course of 2020.
We turn our attention, not in the least bit eagerly, but fully focused on what comes next.
RealMoney's Eric Jhonsa reviews which of his 2019 tech predictions did and didn't pan out.
This is a market that thrives on certainty. We got it Friday.