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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (7601)9/26/2019 12:33:14 PM
From: Kirk ©1 Recommendation

Recommended By
kimberley

  Respond to of 26680
 
For example of going against the market trend of down today, LRCX, one of my top holdings, is just breaking out after consolidating a major bear market. I'll probably be taking profits again soon with any luck!




To: Kirk © who wrote (7601)9/26/2019 12:43:52 PM
From: kimberley  Read Replies (1) | Respond to of 26680
 
Yes, my short term trading model for the ETF's gave a buy on spxs this morning, and it's still active, although sitting right on support, as is TVIX. It's not designed to signal a trend change, but rather for a short term trade, so not saying anything regarding that. I am curious as to whether the unofficial QE4 is going to put a floor under equities. I didn't take that trade...spxs, but if we break the 50 day on a closing basis I'll probably go in big (for a trade). Thoughts?



To: Kirk © who wrote (7601)9/26/2019 1:12:50 PM
From: robert b furman  Read Replies (2) | Respond to of 26680
 
HI Kirk,

Micron can sure change the dialogue about chips and stuffed supply channels with tonight's earnings.

Sooner or later (and it is getting later already), 5G will ramp up the mobility chip sector.

Equipment makers should be confirming that this quarter or with next Q's guidance.

Cohu's price has been declining since the end of July last year.

High end smartphones have been pent up for longer than that - the worm is due a turn.

Bob