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Few days ago chip stocks were getting destroyed across two continents. Thursday changed everything. Microsoft reported. Azure beat. Confidence came flooding back. Chip names that were down 15% last week…
South Korea woke up in full selloff mode Tuesday. Kospi down 10%. Samsung and SK Hynix leading the damage. US futures followed lower. Same story that has been playing out…
Bad day. Several things went wrong at once. Oil crossed $100. Alphabet and Tesla both reported and both got sold hard. Rest of the big tech names followed them lower.…
Last week chips got destroyed. Tuesday investors decided they were cheap enough to buy again. Micron up 10%. Sandisk up 10%. SK Hynix up double digits. Biggest single day gain…
Monday was soft but not bad. Oil spiked then eased. Chips found buyers after last week’s beatdown. Tuesday morning futures are pointing higher and the week’s real action has not…
Another rough start to the week. Chip stocks led everything lower again. Iran situation got worse with a new shipping blockade proposal. Oil moved higher. And somehow Tuesday brings both…
Few things went right at the same time Thursday. Iran fears cooled a little. Oil pulled back. Chip stocks found buyers. And for once it was not just the same…
Monday’s chip recovery lasted exactly one day. Tuesday brought another selloff in semiconductors, fresh geopolitical trouble, and oil moving higher again. Not a great combination heading into Fed minutes Wednesday.…
Good week last week. Nasdaq futures pointing higher to start this one. But the real tests are coming. Fed minutes Wednesday. Bank earnings next week. Valuations that are already stretched…
Asia woke up Tuesday in full panic mode. South Korea triggered a circuit breaker. Chip stocks got crushed. US futures followed everything lower. Not a good morning. South Korea Went…
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