|Day Low/High||50.70 / 51.81|
|52 Wk Low/High||19.05 / 51.05|
Nvidia is recovering well on Friday, but it may yet be in need of more help before climbing back to its 2018 heights.
The good news is that interesting opportunities continue to develop.
I want you to be calm and collected and I will not scare you with false fears.
While it's understandable that AMD's guidance has sparked profit-taking after a big run-up, the company still looks poised to strongly grow its CPU and GPU sales in various end-markets.
Blaming China woes for the slip, some advise growth ahead for Advanced Micro Devices.
Pay attention to this key level.
Advanced Micro Devices's aim for a second half rebound is coming into question.
Understand that the expected Fed rate cut today is not about recent economic performance in the least.
Overall, expect trading volume, with notable exception of action in specific names reporting earnings, to remain on the light side right through later Wednesday afternoon.
And as the semiconductor sector continues to shine, Brooks Automation is a name to keep in mind.
Also, defense industry names can breathe easier with word of debt ceiling and federal spending deal.
The chip manufacturing giant issued upbeat Q3 sales guidance and forecast this year's capital spending will be at the high end of a prior guidance range.
Much of it occurs when someone jumps the gun, deciding that the headlines must be traded without any knowledge of what is underneath them.
Good morning folks! As Doug heads off on vacation (something I'll be doing on Saturday myself), I'm sitting in today for him, and I'll be doing so again right before his return. We're in the second real week of the June-quarter earnings season, and ...
Here are my five rules for handling earnings season.
The chip manufacturing giant, whose clients include Apple, Nvidia, AMD and Qualcomm, just reported strong June sales and beat its Q2 revenue guidance.
Even if you missed the Advanced Micro Devices trade in May, here's the strategy going forward as earnings are expected next month.
Apple's push toward services is a valuation-driven necessity.
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
Assuming that enough of you are either long NVDA, or at least have an interest in the name, let's take a look under the hood, and make a more determined decision here.
Benchmarks for AMD's soon-to-launch third-gen desktop CPUs appear to validate expectations that the chips will deliver a lot of bang for the buck compared to offerings from Intel.
President Trump uses economic leverage instead of infantry divisions to defend U.S. interests, and Advanced Micro Devices regains lost ground.
Our brewing Cold War over regional and global spheres of influence with China, has forced some merger activity across the aerospace and defense industry.
Let's check the charts and indicators to see if they are still pointing upwards.