|Day Low/High||53.22 / 55.80|
|52 Wk Low/High||42.86 / 69.29|
You and I are going to have to embrace short to medium term volatility across global markets, unless central banks move pro-actively.
This trade offers everything I'm looking for in defined risk and upside target.
I suggest avoiding all three over the next few months and over the remainder of the year.
The Taiwanese chip manufacturing giant has a blue-chip client list and is intent on maintaining its manufacturing technology edge. And its valuation looks reasonable.
The cold war with China is coming, regardless of administration flip flops on Huawei.
Here are my main takeaways from today's action: * Down from the "get go." * The Russell underperformed the senior averages. * Breadth at 676 advancers and 2,275 decliners on the NYSE says it all. * And so does the yield on the 10-year U.S. note whic...
Amid reports that it's prepping large software and processor changes for the Mac, Apple has launched new MacBook Pros featuring nuts-and-bolts improvements.
Let's check the charts and indicators for this member of the Dow Industrials.
* Huawei's hoarding of semiconductor components has likely artificially buoyed demand over the last year * Semiconductor companies have "over earned" and much lower EPS guidance may lie ahead The U.S. has rolled back some of Sunday's restrictions on...
We're seeing a much different tone from last week, especially when it comes to chip stocks.
* What's wrong with rolling a 2.40% three month Treasury bill given the market action and fundamental uncertainties? * A Bull Market in complacency, in hyperbole and in hopium. * More evidence of a topping process. * Remember, buyers live higher and...
CRM is still suffering, but a number of other cloud stocks are still hot. Here is how to play it.
It is a tough market environment right now, but if you are positioned with a good supply of cash then you can be optimistic about finding good opportunities.
After covering shorts in , , , , (and others) earlier this week, I am very liquid. I stand ready to reload these shorts on further strength.
My better bet will remain on the cloud until the direction that global business has to move toward changes fundamentally.
China is almost out of ammo in the trade war. To us, that might look like we are close to a solution. Don't bet on it.
"Just one more thing." -- Lt. Columbo Since I was unusually active today (and I know it can get confusing) I think it would be helpful to summarize today's trades. * I covered all of my semiconductor shorts -- Intel and Micron (still on my Best Idea...
I have covered the balance of my (at $37.40) and (at $44.90) shorts. We have made good gains here and I believe I will have an opportunity to reshort on strength. At least I hope so!
Until we see the stock acting independently from the market, what Apple does may not matter.
I have covered half of my (at $37.50) and (at $43.30) shorts for large profits. Moved from medium-sized to small-sized.
My cash level continues to expand, which gets me excited for new opportunities when the market is acting this way.
My largest sector short - based on fundamental considerations - is in the much-loved semiconductor industry. The names are Intel and Micron .
The risk of being on the wrong side of the news is just too great unless you are a gambler rather than a speculator.
Not that it matters these days in such an "abnormal" and newsy market, but the close was sub-optimal. Often, technicians look at the last 30 minutes as a "tell." The Spyders lost nearly $1.80 and the S&P futures lost about 18 handles in the last hal...