|Day Low/High||61.53 / 62.54|
|52 Wk Low/High||43.63 / 69.29|
I'm not a growling grizzly but I'm skeptical about the market's ability to run higher in a straight line.
MU has been left for dead by analysts since late summer.
Regardless of what is moving the markets, it is a good example of how you have to focus on price action above all else.
China's central bank announced a bill swap mechanism late Thursday aimed at slowing down the nation's economic slowdown.
There is some trading in individual stocks that looks good regardless of overall market direction.
Intel fell post-market after a seriously slow first quarter forecast.
Intel earnings have triggered key turning points in the past.
If Intel beats we will hear a lot of "I told you so's" in the next 24 hours. But if Intel misses we will hear ugatz. Thanks for reading my Diary today and I hope, whether you agree or disagree, you all study and absorb Seth Klarman's pearls of wisdo...
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.
AMSC CEO discusses that and China challenges.
I really can not imagine my largest portfolio not having Intel as one of it's anchors.
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.
Let's check out the charts and indicators.
Replacing fear with pragmatism, that is our goal.
The idea that the lows of December could be retested now seems far-fetched.
The long-term demand bolstered by secular shifts in technology are keeping many onboard the ship for semiconductors in the long term.
TSM's largest customer is Apple, and it's second largest is Huawei.
The big contract chipmaker issues a downbeat forecast of what lies ahead for the semiconductor giant, and likely for the sector.
Plus, a resolution of the government shut-down needs to happen soon.
Market participants are smart enough to know by now that when one must venture across thin ice, one does not linger.
Today they are reversing and it is all about the bold Micron upgrade from BMO Capital.
Apple's former chip provider quietly moved to enforce the suspension of new sales of old iPhone models and the recall of the same models in Germany.
Dow Theory presents tips for surviving a bear market, some top year-end stock bargains and a simple strategy for monthly income.
Even if the Fed halts its trajectory now, the domestic economy would experience the impact of aggressively tighter policy at least into the second half of 2019.
The smart way to panic is to remove any trace of financial systemic risk from your portfolio.
Thursday's stock market rout is just another reminder that flat yield curves and equity investing do not mix.