|Day Low/High||49.14 / 50.55|
|52 Wk Low/High||43.61 / 68.49|
The good news is that this rotation and choppy action helps charts develop for the weeks ahead.
In particular, there are fresh pockets of speculative action, thanks in part to Donald Trump's connection with SPAC Digital World Acquisition Corp.
It's great to be filling in again for Doug Kass at the Daily Diary. Friday. Friday. Friday. Hope you're ready. I know I am. Markets have turned for the better overnight as Evergrande delayed impending doom, despite semi-negative to profoundly negati...
The after hours brought a plethora of negative EPS reports -- particularly of a tech kind (Intel , Snap , etc.) -- and took the s down $2.50+ lower. Roku , which I began shorting yesterday and added to today was, was down big on the news. In many wa...
I have had some real success playing volatile names ahead of news events from the short-side, but this is not something I would recommend for newer traders.
Here's where to go long on this tech name.
Now is when you either take profits or acknowledge the run happened without you, so the next best play is to watch for a pullback.
How Important is Taiwan? On it's own, very important. As home to Taiwan Semiconductor? Invaluable.
If the stock of the chipmaker can hold a key support level it could prove to be an opportunity to buy.
While the big guns meet at the White House about the global chip shortage, the president and these companies are approaching this all wrong.
Let's look at how we can go higher and what must go right before the advance has staying power.
If you're in AVGO you're not wrong. I just have to keep myself from becoming overexposed to the group.
I could be wrong, but as far as I can tell, nobody else is telling the story about the sudden movement in these yields.
The whole notion of the grand inquisitor Fed is out of whack with reality. Here's what you should be watching, instead.
The fiscal football remains a greater threat this week than anything Fed Chair Jerome Powell says on Zoom this Friday.
Quarterly earnings have so far revealed a number of data points for my 'Digital Infrastructure and Connectivity' investing theme. Let's connect the dots.
I'm grateful for those who say that they like to short everything I like because crow is a dish best tasted cold, and are they ever eating a ton of it.
The stock market's rise might have ended after the cliff, not before it.
Let's check on the charts and indicators.
While big-caps are doing well and driving the indices, breadth is weak and small-caps are struggling.
Small-caps and mid-caps are still picking first downs on every play, storming back from a badly oversold condition that has just about normalized.
Peak says sell now or forever hold your peace because you can only go down from here.
Those rattles you hear on the COVID, Fed and political fronts are reasons to tread carefully in the markets.
It's the type of transition the Biden team probably would put its antitrust lawyers on to squelch, again leaving Intel with no quick fix.
This fabulous group is a ball of confusion until you look where they come from.
I've been hot for the semis for a good while now because of the widely covered shortages that are creating significant pricing power.