Broadcom Could Give Technology Stocks A Boost Tonight will be abbreviated, but a few positive developments in Tech today. Broadcom $AVGO reported strong results, coming in ahead of estimates, and giving strong fiscal first quarter 2018 guidance. It should put a bid into many of the Apple suppliers and the whole technology sector tomorrow. [vc_row …
Tag: news
Technology Can’t Hold Rally, As Stock Prices Continue To Fade
Technology Can’t Hold Rally, As Stock Prices Continue To Fade Watching the market the past few days has been utterly exhausting, the twist and turns, the drama. Today’s rise in technology was no victory, especially given that all the signs of strength melted into the close of trading, when stocks prices and the S&P 500 faded …
Technology Sell-Off Continues As S&P 500 Makes Big Reversal
Technology Sell-off Continues As S&P 500 Makes Big Reversal It was another wild day on Wall Street, with the Technology S&P 500 having a huge reversal. Stocks open strongly, but Technology began to fade by mid-morning, and by the close, the S&P 500 had reversed a nearly 80 bps advance to close down by 10 bps. [vc_row css_animation=”” …
The Week Ahead: Watching – The VIX, Nvidia, Micron, Tesla & Biotech
The Monster Week Ahead: Watching – The VIX, Nvidia, Micron, Tesla & Biotech We could see a much more relaxed market than the one we saw last week. With Tax Reform now through the Senate, the odds seem fairly good that reconciliation can produce a tax bill to be signed by the President by year-end. That …