|Day Low/High||48.77 / 50.45|
|52 Wk Low/High||28.39 / 51.39|
As cloud giants digest some of their past investments in hardware and chips, they're still investing heavily in growing their data center capacity. That's ultimately a positive for data center REITs and chip suppliers with cloud exposure.
Trading volume has been shrinking from late June, and this is not the picture technical analysts like to see.
Possibly due to worries about the fixed costs attached to their business models, many fab-owning chip suppliers with meaningful growth opportunities are still trading at low valuations.
The best way to improve performance with the indices in an uptrend is to buy high-beta individual stocks.
Recent pricing data, upbeat analyst reports and a guidance hike from a Taiwanese memory maker give fresh reasons to think the memory industry's downturn is nearing an end.
The charts and indicators of MU are looking better than they have in a while.
The most notable characteristic of this market right now is disinterest.
Marvell is having trouble moving forecasts as trade uncertainties temper optimism.
Watch Micron Technologies and Costco to see whether either hits targets for a swing or day trade.
Here are the other companies that will get a boost from pushing the tax on imports to mid-December.
Plus, Friday morning's headlines are a little less rosy than the ones of the day before.
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 time comes to sell, y...
Samsung and Western Digital both suggest memory demand is improving following a very rough first half of the year. And Lam Research's outlook suggests industry supply growth is falling sharply.
NXP and many other chip stocks still trade at reasonable valuations. But the group's margin of safety has diminished some following recent gains, and industry news remains pretty mixed.
And as the semiconductor sector continues to shine, Brooks Automation is a name to keep in mind.
Also, defense industry names can breathe easier with word of debt ceiling and federal spending deal.
Wow. That was like watching paint dry, huh? You know what's a good thing to do when the volume is slow. Push-ups. Oh, and chewing tobacco helps, too. Just have to get past the fact that it might kill ya. Two of my favorite stocks to own had nice day...
The chip manufacturing giant issued upbeat Q3 sales guidance and forecast this year's capital spending will be at the high end of a prior guidance range.
Let's drill down on the charts and indicators.
All the key equity indexes are up 16% or more this year, as earnings season starts.
Reactions to weak earnings will not necessarily be negative.
The chip manufacturing giant, whose clients include Apple, Nvidia, AMD and Qualcomm, just reported strong June sales and beat its Q2 revenue guidance.
Even if you missed the Advanced Micro Devices trade in May, here's the strategy going forward as earnings are expected next month.
We're seeing a similar story to Micron play out although Samsung seems a few months behind in the cycle.
With roughly two hours until the day's market close, I'm circling back to the poll question I asked Diary readers earlier today. The question was "What are you most concerned about in the near-term?" via a multiple-choice question with the following...
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.