If old fat slow Oracle can grow, Zhone can grow new deals and larger revenue stream growth through distributors. Definitely Buy Zhone at this oversold price level.
ZHNE Should be $3.50+
CNBC Cramer showed two charts:
Too many Put Option buying in crude oil future was extreme 5:1 Put:Call buying last Friday. Too many bears
Technical analyst Bob Lang likes the following 3 evidences:
(1) Several Years of Strong Stock Market during cheaper oil which drives Higher Profit (Higher Demand from Consumers; lower fuel cost; lower packaging cost)
Year.....Crude Oil....... SP500
(2) Velocity of decline had frightened people. When velocity disappears the confidence returns, and the market rallies.
(3) CBOE Volatility Ratio of 30 Days to 90Days: . the VIX to VXV
Whenever this ratio is over 1 it signals a major rally is begun. Every time it did this in 2014 the market rallied sharply. Yesterday Tuesday it went over 1. Today Wednesday it moved higher. The last 5 years the VIX has gone above VXV 14 times. One month afterward the SP has been up 12 of 14 times.
Medium-Term the SP500 should resume its climb higher as it has many other times.
Fed Announced Patience with"Same Outlook of Extended Period continued low rates.
S&P500 STRONGEST PRICE RISE Today of the year
Oracle ORCL +5% Afterhours..BEATS on Revenue +3%..Cloud Rev +45%..and Profit.
Tech Demand Growing first time this year
AK Steel +6% Afterhours...GUIDED UP Profit Expectations...Reported 37% Stronger Demand Quarter-to-Quarter from Consumer Autos & cheap fuel cost
VIX-X rolled over severely at Noon especially its Moneyflow indicator which went below its 50 tick moving average on the 30minute chart the rest of the day to finish moneyflow at its low of day. This level hasn't been seen since December 5th.
VIX-X Volatility is or has blown its top.
Capitulation Volume seen for EROC at quadruple the average number of daily shares traded.
XOM and BP capitulation seen at double the average number of shares were traded on an ugly day.
VIX-X was up 84% in 4 days from Mon-Friday.
Moneyflow weakened during the afternoon.
CNBC said to watch for "VIX Inversion which is very close".
VIXY the short term VIX futures has dropped dramatically afterhours,
Exaggerated Volatility buying the VIX has gone up 70% this week.
HP is Break Above $40 from here on Stronger-Than-Forecasted US Total Retail Revenue
1. Best Buy Raised XMAS Guidance
2. Intel Sees PC Corporate Upgrades Begun and Raised Guidance 2015. CapEX is rising
3. US Leading Economic Indicators Jumped and Continues Uptrend
4. Philly Manufacturing Index Strongest in 21 Years Since 1993, Orders Rising, and 49% Planning to Increase Hiring
Long List of Companies with Rising 1Day Moneyflow Which is Above 22 Day Moving Average
Intel, DRAM, Micron, Microsoft, Best Buy, Corning, Zhone, Finisar, Cisco, Flextronics, JDS Uniphase, Extreme, Hewlett Packard, Sandisk, OCC, Applied Materials, Texas Instruments, Brocade, etc..
Intel touched 50Day Moving Average past 2 days and Bounced w Moneyflow Rising already Above 22DMA
Similarly Today Micron Technologies touched E21 and 50D Linear Regression and Bounced
Do you not know one of the richest men in the world ? Do you not realize billionaires of a feather flock together? Are you a kid? Billionaires will make you kids cover your shorts---they will crush you!
Semiconductor SOXX Index Moneyflow Index20 has Bullish Divergence on Daily Chart as Strong as Sept 8 when SOXX Index Price was higher. Previously Moneyflow was this Strong on March7.
Also SOXX 1D Chart Tracks Nearly Identical to MU SNDK INTC.stock prices.
SNDK and INTC and MSFT Today Curling Up MoneyStream and MACD.
Watch This Curl
Small Business Capital Spending Plans Rising at 2nd Highest Since 2008 (CNBC)...
Small Business is the jobs growth engine. They now beginning to ramp up Durable Equipment Spending.
Here comes the whoosh in the DRAM Capital Expenditure and Revenue Upcycle.... For those who have invested in 2 or more major DRAM Revenue cycles you know what this means to die shrink, chips per wafer, revenue, GPM, Buy backs, and Earnings Multiple....
Micron planning big investment in Japan to ramp up DRAM output
November 11, 2014 4:41 am JST
TOKYO -- Micron Technology of the U.S. will invest about 100 billion yen ($866 million) in a Japanese plant to boost production of DRAM chips.
The plant, located in Hiroshima Prefecture, once belonged to the old Elpida Memory, a Japanese company that Micron acquired in the summer of 2013. It will step up output of DRAM chips with 20-nanometer circuit widths. This type raises chip yields on wafers by 20% compared with their older 25nm counterparts.
Micron chose the site to raise its production efficiency, with an eye toward catching up with industry leader Samsung. It will expand output at a Taiwanese group factory as well. These moves will increase the company's overall DRAM output capacity by 20%.
DRAM memory chips are used in smartphones and other devices to temporarily store data. They are enjoying brisk demand worldwide, thanks mainly to the popularity of smartphones.
Global DRAM chip shipments climbed 30% on the year to about $35 billion in 2013, according to U.S. research company IHS Global. Micron holds a 28.3% share against Samsung's 36.2%.
Micron is planning $3.8 billion in capital investment worldwide this fiscal year, putting half of the total toward DRAMs. Chief Executive Officer Mark Durcan told The Nikkei that DRAM demand is brisk for mobile, server and other applications and that the company will continue aggressively investing in the field in line with market trends.
Durcan also revealed plans to roll out next year high-capacity NAND flash memory with a 3-D structure -- a product Samsung already makes.