|Day Low/High||47.44 / 49.55|
|52 Wk Low/High||33.83 / 106.96|
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.
* Tilray is now a sideshow of classic speculative activity - it will likely end badly * Neither go short nor go long * Ignore TLRY and move on, it's a distraction and you may miss other opportunities Henry: (narrating) "And then there was Jimmy Two ...
This is absolutely absurd and consistent with an increasingly irrational and speculative market: Today Tilray has a market cap of over $20 billion. This compares to Western Digital at $17.5 billion, Hartford Financial at $18 billion, to Kellogg at $...
Micron drops as questions are raised about semiconductors' outlook.
Micron Technology, Intel and Lam Research are good buys on this heat in semiconductors.
This group is expected to post second-quarter EPS gains of 30%; here is how to trade it.
It is going to be a rough day, but we can adapt, and win.
Rumors of the PC industry's demise have been greatly exaggerated. And some market segments are seeing healthy growth.
All of this will likely drive more people toward the remaining non-cell semis, data center and social media.