Roku, Activision, and Qualcomm all fell hard after posting weaker than expected results, and they could have even further to drop.
The chip stocks have struggled of late, and are now facing a potentially big break down if shares can’t rally soon.
Amazon Can Do No Wrong, While Intel Can Do Nothing Right MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NXPI, CELG Amazon So two things stand out to me this afternoon, Amazon fell short on revenue for the quarter and forward guidance, yet today everyone is focused on the big earnings beat? … Read more
Facebook’s Big Surprise, Where Do Shares Go? Plus AMD and Qualcomm Michael Kramer and Clients of Mott Capital own shares of GOOGL, NXPI, V Facebook If I had predicted that Facebook was going to plunge by more than 20 percent after earnings, everyone would have called me nuts. However, that is what occurred. Nobody saw the … Read more
6 More Monster Predictions for Earnings The Week of July 23 MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NXPI There are plenty of other companies set to report results the week of July 23, then just the six we highlighted yesterday. So here is a list of 6 more big names … Read more
Examining Acadia, Adobe, and SalesForce – A Look At The Week To Come Inflation watch is not over just yet, this week the consumer price index (CPI) will come Tuesday. According to Bloomberg, estimates are calling for a rise of 2.2 percent year-over-year, while ex-food and energy a gain of 1.9 percent y/y. Then on … Read more
Micron, Microsoft, Qualcomm Vote, Job Report – The Week Of March 5th This coming week should be exciting, with ADP on Wednesday and BLS Job report on Friday morning. Has it been a month already? It feels like the other day the market was freaking out over “the hot wage” reading. Mind you the reading … Read more
Amazon, Microsoft, and Netflix Showing Sign Of Fatigue To follow up on the weekend commentary, Amazon, Microsoft, and Netflix are continuing to show signs of weakness. In fact, today’s trading action, despite mild gains, actually strengthen that argument as each stock failed at crucial resistance levels. Plus I take a mild victory on NXP Semiconductor … Read more
Amazon, Apple, Microsoft, Netflix May Fall, Tesla & Broadcom May Rise It will be a shortened trading week for the stock market, with the President day holiday, but it should be anything but slow. The S&P 500 has rallied by 200 points since bottoming on Friday, February 9, a rise of 8 percent. But we could see … Read more
Target, NXP/Qualcomm, Chip Stocks, and More – Monster Week In Review It was another record-setting week for the stock market, as the S&P 500 finished the week at 2,810. Target ($TGT) shares continue to soar, now up by nearly 20 percent. Meanwhile, the chipmaker stocks have come roaring back to life after being left for dead … Read more