Holiday shortened week where supposedly, markets always go up. Futures flattish after being down most of the morning. AAPLE (AAPL) feeling some more pain on supposed cut in IPHONE orders. Leading groups are utilities, consumer staples, drugs, a few reits,a few healthcare names, exchanges like CME and ICE, and a few DOW names like a…
SOURCE: https://archives.warpradio.com/btr/investorsedge/111618.mp3
As we were pre-taping radio yesterday and telling everyone we thought another A LOW was put in yesterday, AMAT, JWN and NVDA reported earnings. May we say that was three giant matzoh balls. The A LOW call is still in tact but markets, especially SEMIS and TECH not going to help the cause. That was…
SOURCE: https://archives.warpradio.com/btr/investorsedge/111518.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/111418.mp3
The market had a good chance for a good day yesterday but fumbled the ball. The DOW was up 125 but finished down 100. The NASDAQ was up a whopping 120 but finished flat. We are never thrilled when markets reverse down but today is another day. Futures have moved up nicely in the past…
SOURCE: https://archives.warpradio.com/btr/investorsedge/111318.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/111218.mp3
Hey…the Giants won! We heard yesterday: One pundit say the action in the market doesn’t worry him a bit. One pundit say this is how a bottoming process works. One pundit say it is good news when they get names like AAPL and GS. Our take: Except for the DOW, all major indices and most…
As we write this now, futures nicely down. LITE just warned and warned badly. The stock is down over 30% in pre market: Lumentum cut its fiscal second quarter earnings and revenue guidance sharply today, saying one of its largest Industrial and Consumer customers for laser diodes for 3D sensing requested Lumentum materially reduce shipments…
