2 Types of Rotation Are Driving This Market
The semiconductor sector is under pressure again Tuesday morning following Samsung Electronics’ earnings news.
Chart of the Day: Marvell Is Taking a Breather
The high-energy semiconductors may be undergoing a correction.
Michael Burry Vs. My Panic Points; Ferocious Foxconn Sales; Bad Jobs Data
Why I’m sticking to plan on memory stocks; also, let’s brace for the week ahead, check the markets’ charts, and interpret those jobs numbers.
Strong Rotation Prevents Broad Weakness as SpaceX Joins the Nasdaq 100
The market looks tired on Monday morning, but there is some rebound in chip names.
Micron Is a Top-3 Stock to Short After Surprise Earnings Response
These three names have shown little interest in rising with the rest of the market.
June Monthly Roundup: The Market Stumbled in June. The Portfolio Didn’t.
As we extended our lead over the S&P 500, we locked in big gains on several positions, added to new holdings and made other buys.
Positive Seasonality Fails as AI Trade Sees a Shift
The action looked good ahead of the July 4 holiday but then a major shift took semiconductors to the downside.
Memory Stocks Made Us Some Cash, Then Came Wednesday. Now What?
SanDisk, Micron, Western Digital and others got a Wednesday beating, so let’s take a look at the charts and see how to handle ’em now.
Taking in Some Memory Shorts
I have taken in some of my SNDK and MU shorts:
* SNDK ($SNDK) $1889 (-$141)
* MU ($MU) $1008.50 (-$24)
Positions: Short SNDK VS MU VS
Stunning South Korea Stock Shock Triggers Circuit Breaker as Semi Names Strike FOMO
The Seoul market and select chipmakers around Asia saw wild volatility, but the chaos is highly sector-specific.