|Day Low/High||143.68 / 151.27|
|52 Wk Low/High||96.71 / 154.93|
The chip stock surge at the week's end shines a light on just how pessimistic some investors had been as earnings multiples fell to rock-bottom levels last year.
China's central bank announced a bill swap mechanism late Thursday aimed at slowing down the nation's economic slowdown.
Intel fell post-market after a seriously slow first quarter forecast.
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 am always impressed with independent strength and you should too.
After the close on Wednesday, TAL Education Group reported earnings per share of $0.24 that handily beat estimates of $0.08.
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.
These themes are working despite the turmoil in Washington and slowing global growth.
XLNX reports tonight, and I believe that sets us up with two potential plays, both in the form of bullish put spreads.
The long-term demand bolstered by secular shifts in technology are keeping many onboard the ship for semiconductors in the long term.
We are absolutely due for a rip-your-face-off rally in the wake of entering a bear market.
What else can you say about a decision by the Chinese that amounts to a potential repudiation of the Made in China 2025 plan?
I lean bullish on Nvidia, but with tempered expectations of a 4% to 5% post-earnings upside.
A potential buyout of Mellanox Technologies would benefit Xilinx significantly over the next five years.
The charts of Intel Corp., Xilinx Inc. and Cree Inc. indicate they're poised to rise after pullbacks.
Here's my updated trading strategy on the semiconductor name.
I can't stress how important the ZTE news is for the group.
New highs for the stock haven't included "breakout" volume.
John Flannery sees progress being made on GE's initiatives, but that is what I expected him to say.
It's hard to understand the magnitude of the change.
In the past year and a half XLNX's overbought sell signals have resulted in downward corrections.
"There are two kinds of spurs, my friend. Those that come in by the door; those that come in by the window.." -- Tuco, " The Good, the Bad and the Ugly" No "Takeaways" today as the action was kinda boring, uneventful and with little individual stock...