|Day Low/High||120.79 / 128.48|
|52 Wk Low/High||66.29 / 128.33|
The shares have made sharp price swings in recent months, and there are no technical reasons to go long right now.
Earnings have been strong, and analysts will soon start to concentrate more on actual weakness than shadow-boxing weakness.
We'll see how shares shake out into earnings, but this will likely be my earnings day approach.
Cloud stocks, unlike most of tech, are less exposed to Chinese revenue and tariffs.
The market got crushed on Wednesday because of President Trump's decision to review tariffs on $200 billion more of Chinese exports.
Here's my updated trading strategy on the semiconductor name.
It is going to be a rough day, but we can adapt, and win.
It's not too hard to find chip stocks trading at low multiples right now. Here are three for which the risk-reward looks favorable.
I can't stress how important the ZTE news is for the group.
There are mixed signs in SWKS's charts and indicators.
If the shares rally it means there can be a semi that isn't brought low by Apple and the Chinese trade talks.
Know what? Everyone else who manufactures autos can design and deliver electric vehicles.
If you thought last week was busy, hang onto your hats.
TSMC's soft outlook was blamed in large part on high-end smartphone pressures.
Latest salvo in China trade war damages tech while higher rates and oil undercut consumer goods and housing.
Execs at Texas Instruments, AMD, Skyworks and other chip and chip equipment firms have had some interesting things to say.
Though many tech names still carry high multiples, there are now quite a few with reasonable valuations.
Take off the wristband and rip up the ticket that got you in. It's no longer valid.
Blue chips hit session highs with less than an hour to trade.
Oscillators and the news-truck indicator suggest it's a good time to buy.
Don't let Apple iPhone jitters scare you off of this key AAPL supplier.
Dow, S&P 500 and Nasdaq all drop slightly.
These names are showing bullish or bearish reversal patterns that occurred over the past week.
So far price momentum has not slowed down yet, let alone signaled a bullish divergence.
I can define some clear reasons to consider looking at the buy side of these.