|Day Low/High||49.69 / 51.17|
|52 Wk Low/High||28.39 / 51.39|
Assuming that enough of you are either long NVDA, or at least have an interest in the name, let's take a look under the hood, and make a more determined decision here.
Is this the best of all possible worlds? Is it better than expected?
The G-20 Summit in Japan could hold more intrigue than just the planned meeting between President Trump and Xi.
With lackluster indexes, traders were drawn to wild action in bitcoin.
As chip stocks gain nearly across the board following numbers from Micron that weren't exactly stellar, it's worth remembering how low valuations for many names had gotten.
A number of vocal analysts and investors are calling for caution on those eager to buy the semiconductor stock amidst its Wednesday morning leap.
The big question comes in the form of when inventory will clear and prices for NAND and DRAM will bottom, then turn higher.
The curious thing is the options market is still pricing a big move over the next three weeks.
The trouble for me, as an investor, is that this business remains in decline until it is not in decline.
Micron is motivating more positive outlook on the semiconductor sector's road ahead.
Let's check the charts this morning ahead of the open, imagining strength to the $35.50 area.
"Just one more thing." - Lt. Columbo Though the market's breadth wasn't horrible at 1000 advancers to nearly 2000 decliners on the New York Stock Exchange, the market's leaders were taken to the woodshed today -- in a market that felt far worse than...
We made a successful trade in Micron Technology (short) over the last month. It was based on what I believed to be the market's consensus and a false interpretation of the company's first-quarter earnings. In early April, the company had erroneously...
Plus, a look at Ulta Beauty and a possible options play in the retailer.
Some key names are set to release their latest earnings results.
Alas, the bell has rung. Incredibly, out my office window, the sun, yes unmistakably... the sun, I remember it from my youth, shines upon the sidewalk at last. The human spirit lifts in response. I don't know what I'll do with this sudden urge to re...
We could see a retest of Micron's December low, but it's not clear if that will be a buying opportunity.
Talks between Washington and Beijing unlikely to end tariffs, but what would be worse? If the Fed chief dropped his guard on a single tweet.
Going long on the tech giant is more about health care and credit card offerings than the iPhone.
* Downside risks in equities may now dwarf upside reward * I couldn't be more clear in view Over the balance of 2019 I believe U.S. equities could be an underperforming asset class and downside market feature and that precious metals may be an upsid...
Broadcom's Huawei mess is at the heart of Trump's disregard for what happens to American businesses.
* Another example of why you should always do your own homework "The demand side will be great for a long time... Micron is trading at only six times trough earnings of $7/share." - David Tepper on CNBC in September, 2018 Remember when hedgehogger D...
It's important to take a step back and see what is happening across asset classes.
* The answer to the above question is... Slow, inept and impotent. * (Regardless of your political views) Tariff Man seems out of control * I have been of the strong view that President Trump's behavior and the shallowness of policy were destined to...
You and I are going to have to embrace short to medium term volatility across global markets, unless central banks move pro-actively.
This trade offers everything I'm looking for in defined risk and upside target.
* 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 I promised to update my "Level...