Weekly Roundup: Chip Rout Tests the Market, but Here’s How We Aim to Capitalize
We raised a few price targets, added to three holdings, and locked in big gains in another.
Indices Can No Longer Hide the Damage
There is deep corrective action taking place in parts of the market but there also is strong rotational action.
AI Giants Begin to Appear Defenseless
As I look out to the major artificial intelligence names, I see something missing: a moat.
Chips Enter Bear Market Territory Ahead of Big Tech Earnings
Is intense selling in AI-related names getting the market too bearish in front of key reports?
Don’t Be Fooled. There’s Ugliness Hiding Under the Surface.
The indexes Thursday did not reflect the carnage in recent leaders and chip names and the ‘aroma of fear.’
Taiwan Semi’s Higher Spending Is Spooking Markets. It Shouldn’t.
Here’s why the chip behemoth’s earnings should comfort semiconductor investors rather produce nervousness.
Opportunities Are Developing as Rotation Action Hits Again
Here is an example of some trading tactics I’m employing on a new position.
Trimming One Holding, Adding to Another as We Boost Our Rating
A new overbought condition and rekindling inflation pressures drive these moves
Chart of the Day: Can Apple Get Some Praise?
While semiconductor stocks are the featured item, Apple is delivering the goods.
What Can We Expect as Asia’s Largest Company Readies Earnings?
Chip-foundry market leader TSMC already gave impressive June sales numbers, but there’s plenty riding on guidance for the rest of the year.