|Day Low/High||161.64 / 170.59|
|52 Wk Low/High||124.46 / 292.76|
Are the semis right, and the bottom has been reached, or are the industrials right, and there is another leg down to come?
Proofpoint and Symantec's earnings reports just gave a fresh lift to a security tech space that continues seeing healthy growth. Here are a couple of relatively low-risk options for playing it.
The beaten down semiconductors are building up some serious momentum.
Techies were falling all over themselves buying NVDA when it was more than double today's quote.
With its console processor and PC GPU sales expected to drop this year, AMD's upbeat full-year guidance points to a strong PC and server CPU sales ramp.
When the stock's inexpensive, hated and devoid of love -- that's when.
Many analysts are urging investors to ignore the short term noise and look to the company's efforts to monetize its massive user base.
What we have seen of late from a number of chip producers really might be interpreted as pre-recessionary.
While the indices are no longer severely overbought, they have been stalling for the past week. Stay vigilant and be ready to act.
To get a real bargain when a company does a pre-announcement, wait until that stock to take out its lows before buying. Otherwise, pass on that name.
It hasn't come down enough for me to think we're oversold, so I call it working off the overbought condition.
As Apple preps video and news/magazine services for launch this year, a new report states the company is also thinking about launching a gaming service.
This is some sort of whacky, crazy bull market that just doesn't want to go down.
The bears were unable to generate sustained downside pressure on Monday as the indices closed down.
Nvidia is an example of how much the market has ripped up from the late December lows. The company guided down massively and just missed (in the quarter) by a factor of 20-25%. Few had any idea it would be this bad in mid- December and the shares ar...
It looks like the S&P 500 is about to test the intraday lows and that will prevent much upside action.
You buy the companies that have told you things have bottomed.
Caterpillar's plummet could convince some contrarian investors to come into the stock.
I mentioned that the miss could stall the rotation into industrials. The Nvidia big miss and guide down may stall the rotation into technology.
China's central bank announced a bill swap mechanism late Thursday aimed at slowing down the nation's economic slowdown.
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 have no clear view on semi fundamentals * We may be getting the momentum boys back into the chip names (which is disturbing) * But, we should once again learn from the dramatic drop in share prices of former market darlings. Semiconductor shares...
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.
It's centered around a few themed negatives, all forcing their own various uncertainties into free market price discovery.
The long-term demand bolstered by secular shifts in technology are keeping many onboard the ship for semiconductors in the long term.
The big contract chipmaker issues a downbeat forecast of what lies ahead for the semiconductor giant, and likely for the sector.
Conagra is a less-than-stellar company, but its stock has a truly excellent valuation.