June 29, 2026

By Nigam Arora

To gain an edge, this is what you need to know today.

Leading Indicator

Please click here for a chart of Applied Materials stock (AMAT).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of AMAT stock is being used to illustrate the point.  The chart is a monthly chart to give a long term view.
• The chart shows a massive move up in AMAT stock.  To get ahead of the curve in this market driven by semiconductor mania, prudent investors should keep an eye on AMAT stock.  The reason is that AMAT is one of the largest suppliers of semiconductor manufacturing equipment.