Chips Drive a Rebound After the Fed Selloff
The market bounced back from a Fed-induced sell-off on Thursday, but it was news about an Apple price hike that drove most of the strength.
Real Winners and Losers Emerge in Asia After Fed Meeting
Japan, Korea and Taiwan are setting new records, while a potential trade to exploit the high degree of leverage creeps into the system.
Sticking With This Intel Price Target as Trump, Apple Update Prove Us Right
As the president sends shares on the move, we’re revisiting our target price for the foundry name.
U.S. and Iran Sign MOU: 8 Key Items Shaping the Stock Market Thursday
Triple witching, Apple to boost prices and other headlines are moving stocks this morning.
Basket of Shorts Covered
Housekeeping item.
Into the afternoon swoon I have covered the basket of high-octane/beta shorts I recently put on.
Some of the stocks in the basket include $MU, $AMAT, $SNDK, $AVGO, $MRVL and $TSM.
As I have noted in the Comments Section, this strategy is not recommended for home gamers!
Position: None
Speculative Short Basket Doubled
I doubled the size of my speculative short basket this morning — and not for most homegamers.
My half life on these baskets are short and I am disciplined as this package includes such high-octane stocks as $SNDK, $MU, $AMD, $AMAT, $MRVL and $TSM among others!
In all likelihood I will cover the package by the end of the day — especially if the market averages keep falling.
My Tech Price Target Reveal; Out-of-This-World IPO; Peace … At Last?
Let’s check my price targets for Micron and other storage and semiconductor stocks, SpaceX’s IPO, the latest on Iran talks.
Ready for the SpaceX IPO?: 8 Key Items Shaping the Stock Market Thursday
Trump and Iran, May PPI, Oracle’s spending, potential OpenAI price cuts, and other headlines moving stocks this morning.
May CPI, End to Ceasefire?: 8 Key Items Shaping the Stock Market Wednesday
TSM’s May revenue, SpaceX’s oversubscription, bank stress tests, and other headlines are moving stocks this morning.
Alibaba Pushes Back on U.S. Punishment as Stock Dips
China’s tech industry got a domestic AI boost despite fresh allegations of ties to China’s military for Alibaba, Baidu and BYD.