|Day Low/High||52,38 / 54,12|
|52 Wk Low/High||31,13 / 61,19|
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.
Skeptics say nothing was resolved with China deal, but they're wrong -- do they know our stock markets have run wild the first half of the year not despite, but because of the endless pessimism?
Let's check the charts following the G-20 meetings.
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.