Hope Boosts the Market, But High Stakes Earnings Create Risky Dynamic
The semiconductors are seeing their best bounce since the correction began. Here’s how I’m playing things.
The Big Question as an Important Earnings Week Arrives
Tech leaders face a key test, but has the ‘equation’ been reset? Plus, two China headlines to know about and my game plan for the week.
Despite Semis Shock, the Market Remains Firmly Complacent
Do we bounce early and then go down again or do we just slide? That will tell traders a lot.
Bearish Bets: 3 Names That Are Not Keeping Up With the Bull Run
Here are the top-three stocks to short this week.
An Intel Trading Long
Bought a small trading long rental in Intel ($INTC) at $93.45.
Position: Long INTC (S)
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.
Covered My Short Basket!
I have just covered the balance of my high-beta, high-tech short basket for a large gain:
* $AMAT $569.74 (-$11)
* $AMD $504.44 (-$25)
* $CAT $889.10 (-$25)
* $CRWV $72.67 (-$5)
* $INTC $97.78 (-$5)
* $MU $850.75 (-$55)
* $SNDK $1440.64 (-$175)
Position: None
Tech Trade Gets Thorny; Hynix Hit; U.S. to Ramp Up Fight With Iran?
Here’s how I’m handle the tech trade as it gets tough; also, let’s check the latest with Iran, the semis and … some good news on inflationary data.