|Day Low/High||40.23 / 41.60|
|52 Wk Low/High||33.83 / 88.62|
"Just one more thing." -- Lt. Columbo Western Digital's EPS was ugly and MKS Instruments (another semi-related name) also had bad numbers.
How all this, plus things like the housing market's New Home Sales, are helping support the market.
A resilient market allows you to buy stocks when they get hammered and do so with some certainty that you won't get your head handed to you.
There are several metrics that will be measured across all of the major banks that analysts and investors alike must take into account.
But most important, networking is on fire - the internet of things and that's so terrific for everyone.
The Chinese e-commerce giant just took a stake in a video platform, and is reportedly in talks to buy a stake in a German retailer's Chinese arm.
In Western Digital's daily bar chart we can see some recent improvement after a long and painful decline from March.
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.
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.
This is some sort of whacky, crazy bull market that just doesn't want to go down.
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.
Replacing fear with pragmatism, that is our goal.
Let's figure out which techs have had enough downside that they can bounce even if they miss the quarter.
Western Digital has some improving indicators.
Though there's a pocket or two of softness, cloud capex growth remains pretty strong overall.
We are all struggling to figure out when this rout ends.
For NVDA investors the keys will be performance/outlook for segments such as gaming, and the data center.
I can see this group bottoming a heck of a lot faster than others.
AMD's post-earnings plunge, and Intel's post-earnings gains, arguably serve as a reminder to stay aware of short-term trends as one bets on big long-term changes.
It becomes difficult for me to tell you where to run in these markets...
This tactic provides a good entry into MU at a lower cost basis.