|Day Low/High||156.66 / 159.28|
|52 Wk Low/High||58.41 / 158.62|
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
I will come back to these names over and over again as we are now in the sweet spot for many.
While Intel stumbled, other major chip developers and manufacturers have been generally upbeat amid strong end-market demand. And M&A activity is on the upswing again.
A cautious stance seems to be in order as traders may turn sellers despite the earnings numbers.
Here's how I'd play the stock with third-quarter results set for after the close Monday.
There is no stimulus deadline. There is no deal. There are only the games people play.
After years of being losers how did everything auto catch fire? Simple: the darned pandemic.
Demand for PCs, tablets and gaming hardware all still look quite strong. And smartphone sales are gradually picking up.
Fastly's big run-up in the weeks prior to its warning is a cautionary example of how many tech stock moves have had little to do with an informed analysis of a company's fundamentals.
This is what's known as a positioning week, and starting Monday you're going to hear a ton of things.
First, let's closely watch this semiconductor company for the telecoms, and then examine the industrials, transports and retailers.
What has changed significantly has been the value of the U.S. dollar relative to peer currencies.
While some growth stocks have been bid up to extreme valuations, others could look intriguing if markets see a meaningful downturn.
Time to review the charts and indicators.
Let's review the charts and indicators.
This week the Bureau of Economic Analysis will release its very first estimate for first quarter U.S. economic growth on a quarter over quarter, annualized, and then seasonally adjusted basis.
While rival STMicro issued a full-year outlook that got a thumbs-up from investors, TI frequently noted that demand visibility is quite low right now.
In their own ways, enterprise hardware and software demand are coming under pressure, as is chip demand in some end-markets.
The Fed has attacked developing problems in real-time -- and as China shows signs of life, the semi stocks are benefitting.
While the arrival of additional bad news could lead markets to fall further in the near-term, investor sentiment will likely turn before conditions on the ground see big improvements.
Stimulus efforts could give a boost to 5G infrastructure spending, and usage spikes for many online services could drive higher cloud capex.
Splitting one's bets between blue chips and a smaller basket of high-upside plays with more risk could work well over the long run.
Should U.S. regulators block the Cypress/Infineon deal on national security grounds, China could respond by blocking M&A transactions involving U.S. acquirers.
Amid a flood of corporate warnings over the coronavirus, all the major stock market indexes finished last month down 6.4% to 10.1%.
The chip giant's newest Xeon server CPUs are often more than 20% cheaper on a per-core basis than comparable chips launched in 2019, and also pack other improvements.
The answer to that question depends on several factors, so let's break them down.
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
Is there more risk ahead or is this a buying opportunity?
How will Chinese demand for goods and services as well as dramatically reduced Chinese production impact U.S. corporate performance?
It may not be too late to take part in the positive market action on semiconductor stocks, but be cautious. Here is how things stand.