|Day Low/High||88.20 / 90.01|
|52 Wk Low/High||60.12 / 94.39|
Dow, S&P 500 and Nasdaq all drop slightly.
These names are showing bullish or bearish reversal patterns that occurred over the past week.
So far price momentum has not slowed down yet, let alone signaled a bullish divergence.
I can define some clear reasons to consider looking at the buy side of these.
Presidential tweets, North Korea missiles, higher interest rates? Big deal.
By focusing too much on the short-term action we might talk ourselves out of a good position.
Potentially false breakouts such as Skyworks Solutions' are why its important to maintain sell stops.
With higher price targets and good support nearby, it's time to go long.
The Korean tech giant's report featured positive takeaways for memory chip rivals, mobile chip suppliers and others.
It depends on which aisle of the stock market you're on.
It may seem daunting, but there will likely be opportunities to scoop up well-positioned companies.
If you look hard enough, you can still find quality chipmakers sporting moderate valuations.
Events that would normally give investors pause have merely primed the pump.
If MU rises, it would lift all boats.
This market is focused on Apple and Gilead's planned acquisition of Kite.
But it dominates so many sectors, it is ultimately the one to buy.
The iPhone 8's reported inclusion of several new technologies is expected to yield changes in Apple's supplier mix.
On the whole, tech stocks had a solid earnings season. But many richly-valued names sputtered despite releasing decent numbers.
Why the XLK is holding up better than most tech names.
The charts and indicators for SWKS are pointing to weakness ahead.
There's been a lot of back and forth - and I mean a lot - over whether Apple will indeed have a 'super cycle' come late 2017. The expectation is there will be a lot of pent up demand for the new iPhone that is speculated to have an organic light emi...