|Day Low/High||35.15 / 35.88|
|52 Wk Low/High||28.39 / 64.66|
Elliott Management thinks SAP can significantly grow its EPS with the help of cost cuts and buybacks. A comparison of SAP's margin profile with Oracle and Microsoft's suggests it's right.
* The Semis have diverged from their historical relationship to bond yields * I added to my Micron short yesterday Semis (orange line) v. the 10 year U.S. note yield (white line): Source: Peter Boockvar
"Revenue decreased 5% from the same quarter a year ago as demand for our products continued to slow across most markets." - Texas Instruments 1Q EPS release I added to my Micron Technology short on the knee jerk rise in those shares (post market). I...
Here are my key observations from today's action: * A record setting day. * Liquidity, price momentum, selected EPS reports and "animal spirits" were likely contributing factors to the rush higher. * Breadth was strong -- about 3-1 advancers to decl...
I remain short Micron Technology . From my pal, Fred Hickey: Problem semi investors face: by driving SOX up 35% YTD to all-time highs (smashing the old records), they've built in best of all rosy scenarios- really a coming boom.Yet semi makers misr...
A resilient market allows you to buy stocks when they get hammered and do so with some certainty that you won't get your head handed to you.
Here are my key takeaways from today: * Mr. Market bent but didn't break. * Breadth was modestly negative (1,373 advancers, 1,555 decliners). * Bonds continue to point toward slowing economic activity in the U.S. and globally. The yield on the 10-y...
There are several metrics that will be measured across all of the major banks that analysts and investors alike must take into account.
Nvidia and AMD are now getting very little revenue from sales of graphics cards to cryptocurrency miners.
Yesterday I placed Micron on my Best Ideas List (short) and made it my Trade of the Week (short). As Sarge (who is more upbeat on this name) pointed out this morning, the shares of Micron were subject to another downgrade: The iShares PHLX Semicound...
The EU is on the ropes. The economy there is in flames.
Monday was a demonstration of pretty much everything analysts can throw at stocks to get you out while the getting is still good.
Cowen lowers its rating on Micron this morning: We are downgrading Micron to Market Perform based on our field work that indicates the confluence of a sea change in the competitive environment, an erosion in MU's NAND cost leadership, and our analys...
On Friday I reestablished my short in Micron . This morning I am adding MU (short) to my Best Ideas List, and making Micron my Trade of the Week. Here is my investment rationale: * From an investment and trading standpoint MU seems overpriced after...
Google will now show full search results -- including search ads -- when handling certain Google Assistant queries on Android devices.
Samsung is setting yet another bearish standard for semis and smartphones in the first half of 2019.
The semiconductor sector surge could send some standby industrial stocks higher with it.
Lowered expectations are the best kind of expectations and they can make for great markets.
A published report said that TSM has seen orders for 7nm chips ramp higher.
Reports of a smartphone market recovery from Taiwan Semiconductor is taking the sector higher.
The tech giant makes up such a large part of the Korean stock index that its woes can't help but be a drag on the market as a whole.
Covering my short in Micron was another idiotic investment mistake. More lessons learned: * Markets, especially over the near term, are governed by price momentum based strategies and products that exaggerate short term moves. * Use the machines and...
The online ad firm has seen strong growth in a U.S. market where Google, Facebook and Amazon loom large. And it's now entering China.
Yes, the yield curve inverted, but it is NOT the same as in years past.
Micron bulls are likely to run into the Micron bulls of Christmas past.
The best stocks to buy in this environment are the ones that have the greatest growth.
LRCX could be a counterintuitive opportunity to cash in.