|Day Low/High||98.85 / 103.64|
|52 Wk Low/High||93.09 / 135.70|
The rival chipmakers each indicated that the inventory corrections that weighed heavily on 2019 sales are now largely over.
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.
The China coronavirus, extended technical conditions and a 'sell the news' reaction to earnings are giving the bears ammunition.
Boeing's new estimate for the FAA's signing off on returning the 737 MAX to commercial skies has been pushed out until summer, June or July? Is that really that bad? Perhaps... this is a positive.
TXN's earnings numbers set to be released this week and the charts look favorable.
Almost 200 companies are slated to report quarterly results, including 43 S&P 500 constituents.
Chip suppliers and others are benefiting as smartphone camera counts rise and camera penetration rates grow in other markets.
While chip stocks are now pricing in a lot of optimism, the latest headlines aren't exactly giving bulls cold feet.
This is a market that thrives on certainty. We got it Friday.
Beijing is intent on reducing its dependence on American hardware, software and chips. But reducing it and eliminating are two very different things.
Cisco blamed its light guidance on macro headwinds. But as its own numbers show, software and security spending is holding up better than hardware spending in this environment.
Caterpillar is a prime example.
Though major chip suppliers shared both good and bad news in October, on the whole the positives outweighed the negatives.
Continued speculative interest in individual stocks and small-caps kept a bid under the market most of the week.
What's been most impressive lately has been the overall improvement in the charts.
Do I want to buy equity here? I have enough exposure to the semis as whole right now.
As bulls gain rope vs. the bears, surprises such as Amazon's earnings fire off, meanwhile indicators continue to give mixed signals.
In the market cap bracket between $5 billion and $100 billion sit some of the most egregiously overvalued, economically inefficient bubble stocks in this peaking market.
A lot of investing is just waiting until the market hates good companies.
One name that investors are cheering today is label and packaging material-maker Avery Dennison.
Fred Hickey was correct and the management of Micron , some technicians (who admired the semi charts) and the unusual call activity cabal were wrong - the semi recovery is not likely underway. My key takeaway from the large miss: 4Q2019 revenues gui...
The Defense Department's potential $10 billion award for their cloud computing contract is a never ending saga with Microsoft and Amazon as finalists.
Despite playing the industry and macro blame game on the conference call, TXN execs may have overstated the significance of those factors in the company's poor report and outlook.
As expected, Texas Instruments spit the bit after the bell. The sell-side's fave (and our short), Micron , should suffer collateral damage. There were other earnings high-profile minefields uncovered in the after hours. In looking at the bigger pi...
The sudden drop and weak close Tuesday were not favorable despite a lack of technical damage.
There is a chance that Presidents Trump and Xi sign something when they meet up at the APEC summit this November in Santiago, Chile.
The majority of the S&P 500 stocks will report in the next two weeks. Focus on individual stock picking, but keep stops tight.
It's all because some stocks are more powerful than others and the aberrations are to the downside. Not the upside.