|Day Low/High||117.26 / 119.32|
|52 Wk Low/High||62.54 / 119.32|
The real takeaway for AMZN for me, and the main reason that I am even in the name on a semi-permanent basis, is AWS.
The electric car maker's latest production goals for the Model 3, Model Y and Semi truck differ considerably from prior goals.
Clearly, the first half of the month shaped up better than the second half.
The glass maker is seeing strong optical fiber demand from telcos and data center owners, and is even growing its Gorilla Glass sales in the face of a weak smartphone market.
This is some sort of whacky, crazy bull market that just doesn't want to go down.
You buy the companies that have told you things have bottomed.
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.
China's central bank announced a bill swap mechanism late Thursday aimed at slowing down the nation's economic slowdown.
Intel fell post-market after a seriously slow first quarter forecast.
What happened today is a recognition by money managers that they are paying too much for the drug and food stocks and too little for the building block techs.
The one-day pops that could be fleeting might only be an appetizer to the entrée that is the nascent fourth industrial revolution that semiconductors will need to underwrite.
I am always impressed with independent strength and you should too.
After the close on Wednesday, TAL Education Group reported earnings per share of $0.24 that handily beat estimates of $0.08.
Against an already uncertain backdrop, Intel emerges with unique issues.
Shares of the giant chipmaker are up on indications that a bottom may be building in the semiconductor sector.
These themes are working despite the turmoil in Washington and slowing global growth.
XLNX reports tonight, and I believe that sets us up with two potential plays, both in the form of bullish put spreads.
The long-term demand bolstered by secular shifts in technology are keeping many onboard the ship for semiconductors in the long term.
We are absolutely due for a rip-your-face-off rally in the wake of entering a bear market.
What else can you say about a decision by the Chinese that amounts to a potential repudiation of the Made in China 2025 plan?
I lean bullish on Nvidia, but with tempered expectations of a 4% to 5% post-earnings upside.
A potential buyout of Mellanox Technologies would benefit Xilinx significantly over the next five years.
The charts of Intel Corp., Xilinx Inc. and Cree Inc. indicate they're poised to rise after pullbacks.
Here's my updated trading strategy on the semiconductor name.
I can't stress how important the ZTE news is for the group.
New highs for the stock haven't included "breakout" volume.