|Day Low/High||58.26 / 60.56|
|52 Wk Low/High||32.14 / 61.19|
(Short) Micron is my Trade of the Week this week. Mizuho has lowered its estimates for Micron based on further DRAM price declines: Mizuho analyst Vijay Rakesh, after traveling to Asia, believes DRAM and NAND pricing trends for the March quarter are...
* The consensus is growing more consensus! * The notion of risk has left the Exchange's building * The last hour of trading uncharacteristically weak Today's session was another one supported by good overall breadth (2,154/786 on the NYSE). Howeve...
I am adding to my Micron short. The shares have been a noticeable under-performer this week.
*Raising net short exposure Some late morning observations: * With Google and Amazon market beasts -- now both medium sized -- I feel "comfortable" adding to my short hedges. * Added to my Micron , Caterpillar and Coca-Cola shorts. * So weird that t...
I shorted Micron Technology at $39.22 this morning -- not believing the bullish semiconductor thesis.
It signals the glut in chips may be done with, which is good news for most of the semiconductor names.
Why am I not more worried about a recession? Because Fed Chair Jay Powell has our back.
It's time to buy using very wide scales.
There are signs in the market that the talks may not be going as well as thought, or at least that some believe that Trump thinks he has the upper hand.
Here are a host of stocks that will benefit from a deal, and why you should pick them up on a selloff.
It's the group to buy every time you hear that trade talks might falter simply because it has much more going for it than just China or cellphones.
When NVDA reports Q4 after Thursday's market close, I would prefer to buy a big selloff than see strength post-earnings and chase higher.
What stocks to buy and what to avoid on the continual leaks coming out of the Kudlow-Mnuchin camp and the Lighthizer-Navarro camp.
Equity markets can continue to move up and regain lost performance -- valuations are supportive and company's earnings are not as bad as feared.
When you have a bunch of these in one day, you can move whole sectors and, to some degree, the market itself.
Are the semis right, and the bottom has been reached, or are the industrials right, and there is another leg down to come?
The beaten down semiconductors are building up some serious momentum.
Clearly, the first half of the month shaped up better than the second half.
As Apple preps video and news/magazine services for launch this year, a new report states the company is also thinking about launching a gaming service.
The chip stock surge at the week's end shines a light on just how pessimistic some investors had been as earnings multiples fell to rock-bottom levels last year.
MU has been left for dead by analysts since late summer.
China's central bank announced a bill swap mechanism late Thursday aimed at slowing down the nation's economic slowdown.
What happened today is a recognition by money managers that they are paying too much for the drug and food stocks and too little for the building block techs.
The one-day pops that could be fleeting might only be an appetizer to the entrée that is the nascent fourth industrial revolution that semiconductors will need to underwrite.
It's centered around a few themed negatives, all forcing their own various uncertainties into free market price discovery.
What The? Equity markets accelerated to the upside significantly after 10 am ET. It's as if somebody knows something. Improved conditions on trade?That's everyone's guess right now. There certainly seems to be nothing on the government shutdown. Bes...