Updating Our Table of Key Portfolio Metrics
Here are consensus EPS figures, RSI levels, potential pickup points and more for the Portfolio’s holdings.
26 Signals Across 9 Portfolio Themes
Let’s scan through the headlines for the stories of the week that speak to our Pro Portfolio holdings.
Weekly Roundup: A Good Week to Lose Less as Market Stumbles
During a week of outperformance vs. the S&P, we closed out one holding, locking in substantial gains that rebuilt our cash position.
Locking in Gains on a Construction Play as Rate Concerns Mount
We are also downgrading the rating ahead of tomorrow’s August CPI report and next week’s Fed meeting
Taiwan Semi’s August Revenue Soars
Taiwan Semiconductor Manufacturing ($TSM) reported August consolidated revenue of NT$514.81 billion, up 53.3%, year over year, from NT$335.77 billion.
August revenue increased 10.1% sequentially from NT$467.58 billion in July.
Here’s the thing, that 53.3% August revenue growth is a reacceleration from the 44.7% year-over-year figure posted in July.
That follows the record August revenue reported a few days ago by Foxconn of ~$29.14 billion, up 52% year over year.
Our read-through on those data points are positive for the Portfolio’s chip holdings and support the view that chip capacity is poised to remain tight for some time, a strong positive for our position in Applied Materials ($AMAT).
Position: TheStreet Pro Portfolio is long AMAT shares.
Oil Tops $100 Per Barrel, Mortgage Rates Hit 14-Month High: 8 Key Items Shaping the Stock Market Wednesday
ECB rate hike prospects, OpenAI expands with Samsung, Apple’s big event and other headlines moving the market this morning.
Reading Through Comments From Applied Material’s Investor Conference
Signs point to tight chip capacity remaining in play for some time leading to favorable pricing.
Caught Between Oversold and Complacency
As we finish out the summer, what we really need is a whoosh lower to clean out the weak hands and set the market up for another leg higher. But can we get it?
We’re Tracking 28 Signals Across 8 of the Portfolio’s Investment Themes
Let’s scan through the headlines for the stories of the week that speak to our Pro Portfolio holdings.
Weekly Roundup: Maintaining Our Lead With a Telling Week Ahead
We exited one holding, and added to three others, upgrading one of them along the way.