Chip Wreck…

The entire chip sector has been under pressure recently. Micron is off by 27% from its highs. Intel is down by 18%. Broadcom especially has been hit pretty hard, down by more than 27%… Read More

Fast and Furious…

…is all what Tesla and its CEO Elon Musk is all about. Last week, we experienced a little bit of everything. Tesla Investors experienced the Roller Coaster ride of their life time. Short Sellers… Read More

Apple of my eye…

…all eyes on Apple as Apple continues its journey towards the 1 Trillion dollar mark. Apple needs to hit 203.45 to become the first Company on the planet to achieve this feat. iPhone numbers… Read More

Loose Motion…

…is what Facebook suffered right after their Q2 earnings release. The Stock price dropped 7% out of the gate on slow user growth. Everyone was waiting for the conference call to start and hoping… Read More

Thanks, but no thanks…

… is what the Money Managers seems to say to the recent stress tests. Banks cleared the stress test successfully but they could not take the stress out of the Markets as the yield… Read More

Thank you Trouble Makers!

Gold is catching a bid today because the trouble makers (Trump/Kim) decided to shake the World instead of shaking hands (The June 12 summit called off). Gold is at 1305 right under the 200DMA… Read More

Sell in May and Go Away…?

…Not today. Markets recouped from yesterday’s 200DMA low for a third time this year. As they say, third time is a charm and hopefully we have seen short term bottom as Markets seemed to… Read More