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EMCORE Corporation Message Board

  • pro_stock_picker pro_stock_picker Feb 1, 2013 11:12 AM Flag

    Dow up 138 finally near breaking above 14K

    Major markets challenging key multiyear resistances, on slowly healing housing, cars, banks, US private sector jobs growth, floor in Europe, re-acceleration begun by China, and Japan starting to try some QE.

    JDSU reported improvement and some telecoms are seeing some late December 2012, early January firmness (or "energy" where customers ask for prototypes to be manufactured). High tech may be the next sector to experience expansionary capital goods orders.

    Watch if EMKR orders uptick. With EMKR well over the institution threshold of $5/share they could come in so watch % insitutional ownership or signs they are scaling in.

5.43-0.02(-0.37%)May 1 4:00 PMEDT