The fundamental case for Dow 30,000 during Donald Trump’s first term has strengthened as earnings season winds down. Interestingly, this is happening at a time when, from a technical perspective, the stock market has staged a successful breakout of low volatility since the election. Still, there are two danger signs,
Intel INTC, has been the king of servers, desktops and laptops. However, despite a massive effort, it has had a limited success in mobile, especially at Apple AAPL. For a semiconductor manufacturer, the biggest prize is to get into iPhone 7. Earlier today, Bloomberg published an enticing headline, ‘Intel Gets
Whether you believe in technical analysis or not, technicals are worth paying attention to simply because so many other investors do. Most institutional investors claim to be fundamentalists, however, in my over 30 years in the markets, I have found that a large number of institutional investors are closet technicians.
China, which was an afterthought for Apple once-upon-a-time, has become the company’s second biggest market. In the second fiscal quarter, Apple generated $7.9 billion of revenues from China. This amount was more than three times the revenues a year earlier. As a reference, Apple’s total revenues were $39.2 billion. A large number
VECO has lately been a favorite of the momentum players. Fundamental have justified the momentum as the company’s solutions for manufacturing High Brightness Light Emitting Diodes have seen an insatiable appetite. Our research shows that the demand will continue unabated in the near future, but more competition is on the