|Day Low/High||31.29 / 32.53|
|52 Wk Low/High||19.25 / 34.45|
We're looking at Apple, Tower Semiconductor and the VanEck Vectors Semiconductor ETF.
Good morning folks, as once again I have the pleasure of playing in the Daily Diary sandbox for the day. As we all likely know this is a rather busy week filled with more than 1,050 earnings reports, the usual end of the month and start of the month...
Intel's $15.3 billion purchase of Mobileye could just be the beginning
Sector rotations under the surface are much more volatile than what we see in the major indices.
Stock picking is becoming more challenging as the groups with the strongest recent momentum start to fade; I'm eyeing silver and semis.
Trying to apply logic to this market isn't working well.
The mood has been overly emotional, and there has been plenty of machine action.
But I'm most uneasy with unimpressive action in individual stocks.