|Day Low/High||89.83 / 93.88|
|52 Wk Low/High||66.29 / 128.48|
Why the XLK is holding up better than most tech names.
The charts and indicators for SWKS are pointing to weakness ahead.
There's been a lot of back and forth - and I mean a lot - over whether Apple will indeed have a 'super cycle' come late 2017. The expectation is there will be a lot of pent up demand for the new iPhone that is speculated to have an organic light emi...
Yellen's comments contribute to stocks as GDP expectations slip.
Bull markets tend to die from bond market competition, recessions, rate hikes or too much supply.
The lack of confirmation from the OBV line is a bearish warning.
Many tech names were shaken Tuesday.
Though it's harder to find tech value plays now, they still exist.
It's a wonder to me how split this market really is.
Leaders aren't leading and semiconductors aren't conducting.
Stocks like Western Digital take a hit, but they're too cheap to ignore.
Selling had little or nothing to do with tax plan.
Let's play out what's allowing our markets to fly: Earnings.
Don't allow yourself to be thrown off kilter by the emotional rantings of folks on Twitter or in the media.
Consolidation, strong memory prices and healthy demand from several end-markets continue driving industry profits higher. Some good news is clearly priced in, but maybe not all of it.
We know that we are in the era when index managers are ascendant.
Demand for Samsung's new flagship looks poised to beat cautious initial estimates. But Apple is buffered by strong loyalty rates and a pending iPhone 8 launch.
Though it's possible that Qualcomm will lose its remaining modem business with Apple, the company appears poised to regain some of the Android share it has lost.
In addition to being packed with new features, the company's latest flagship iPhone might sport an unprecedented price and feature an earlier production ramp.