Slight sector rotation today after huge gains this week in NASDAQ, MSFT only back to last weeks levels, not too bad given the downward movement.
Expect a recovery at some point this week.
Market stability, with mortgage applications at a high now. See cnbc data.
Demand for goods should be increasing next quarter.
Breakout is a matter of hours or days to the upside to retest the high of last quarter.
Yeah, longer term for sure its easy money.
Its true infrastructure and has the capacity, funding, and innovation to take advantage of any surge, and now with housing numbers growing like i suggested days ago, steel demand for those beams and related will only increase, in addition auto motive demand.
This is a steal under $30, in a few months or years people will look back and wish they purchased shares.
I have invested in steel on and off in the past 23 years, and know a lot more than you probably, it is not clear that i don't know anything about it. I understand there are political events and monopolistic events that can drive price changes, and investment changes within the steel industry, including unions, however the fact is that the sales and economic demand drives much of this trend, and the macro effects, including the behavioral effects on investors, in this particular equity right now are huge upside and low downside. Don't forget, more military spending because of the worlds effects, that means, more tanks, weapons, ships, and carriers, and order books into 2016 and elections, especially if Republicans win.
Look at the equity price, it should trend up. If you feel that way then maybe cover with insurance bets either way.
Steel prices have bottomed or very close to it, the world population is much higher, and lots of deflation and slow economic growth has damaged the trends, but this started months or years ago.
With QE globally, zero rates everywhere, and lots of bottoming, the US economy is steadily improving, and any good news out of China, or India, or Europe with respect to any infrastructure projects, auto sales, especially from lower priced Japanese and German made cars, including home builders in USA, is highly leveraged to steel demand, and related forms of steel demand. Any bit of news in regulatory to protect US steel prices will only help.
The bad news is mostly out, it could be a bit worse, but the emotional damage was already done in the past quarters. Energy prices look cheap for the rest of the year, and the consumer ready to spend based on low energy prices, and winter that just ended.
I can see X as low as $15 in an absolute dumpy economy, but there are way too many forces at this stage, and this equity is an asset, industrial foundation, and a company with capacity and new technology. They should only go up in price from here and re-test the highs from late last year in a better world.
Easily $30 in days. Fairly priced at $40's, with potential in 2016 for $80 a share.
Read the headline, its on yahoo RBC. No its the market cap at the end that is 35 cents, not the net.
This is way over rated.
PC shipments collapsing.
Next year mobile platforms getting more competitive.
The gross revenue in late 2016 would be only $800 M from the mobile business, and if that is multiplied the RBC analysts guestimate about a 1% market cap increase, but that amount is also the guestimated decrease this quarter from PC, hence. I don't see how INTC is even up today.
Even if Intel is part of one of the apple devices, so what? There are a slew of new phones coming onto the market this year, and next. This is very insignificant news.
The pop up is due to the article from this morning, and repositioning of hedge fund capital.
I think that in time, either this afternoon or in the coming day INTL will trade back down and break below $30.
Ridiculous moves of up 3% in half an hour with no real news or substance is a joke, simple manipulation. Look at the trend, and the numbers coming out in the industry.
Intel eaten alive by hyperbole, there are so many companies now building their own CPU and other chip sets, including Apple, ARM, Taiwon Semi, Amarello, AMD, Qualcomm, and many more, sorry for the misspelling. However, this will eat away at Intel's market share, there are also SAS in networking, cloud and enterprise that are taking away share, not to mention AI eventually.
The stock was up 50% from earlier this year, now there are massive headwinds, not only the US which moved too quickly.
I can see this even as low as $20 this year, thus anything under $30 is still risky, i don't see any reason to buy here, if anything wait and hold out until the quarter is over and done with to get visibility.
A lot has changed in the past quarter with respect to the global economy, energy, and capex, and technology, we may not see this visibility until late spring.
Intel $28 by end of month or earlier
Nothing holding this price up, no reason to be above $30, all others in same sector dropped substantially lower as a ratio in the past quarter.
The share price is way over valued, it should be about $25, given the market, the market outlook for the rest of the year, and given the alternative investments.
Its a matter of time before Goldman Sachs corrupt team of manipulators come out with a ridiculous forecast to drive the shares below $28.
No matter how you stack this up, there is no clarify for the next quarter, and its only a matter of days before it breaks below $30.
PC shipments will be down steep this quarter says reports, this would include the tablets, as signified by Apple delays production, and also due to probably delays in technology, and additionally tablet, and other devices will be down. The game console chipsets are AMD, and others. Many competitors are in the market place and INTEL is already up 50% this year.
I see a price drop below $25 a share this year, atleast in the high $20's.
These prices are unsustainable an very very high.
Any business leveraged heavily and dependent on Chinese manufactured products is re-assured to be burned one day or another, at this stage however it may be getting out of control, and the LL price is fine.
The issue will be the sick lawyers and their greed that may bankrupt the company.
This issue is NOT just for LL, its for every single industry, from food, nutrition, to materials, chemicals, and medicine, to technology.
THIS IS THE TIP OF THE ICEBURG and part of China's fall after 2 decades of outsourcing.
China needs to re-invent itself and create a domestic economy, the days of outsourcing to China have peaked, similar to Japan in the last 1980's.
Its a no brainer anyway that LL didn't re-assay wood locally, because the costs, and because the concerns were not huge until now. Eventually one would realize, there are no short cuts, and its best to start divesting from China and bringing some value back home to USA.
Be patient, every day this week the shares will add, and eventually should trade in the high $50, or mid $60's. Lockup period is over and shares are supposed to crash, they didn't and now we already have a short covering, this will continue for days. Shares may be sold of in a few months not necessarily this week.
Given all the news, GPRO should recover to about where it was before the quarterly earnings report.
There is NO reason to sell now, until next quarters news, and even then.
Industrial production has picked up substantially, and housing construction should continue at a modest pace over 2015, even with a slight slowdown. Equipment for military, automotive, and other infrastructure projects, in the back drop of a much lower energy price picture well into 2016, along with unions, and protectionist policy, makes US steel well poised here to steadily grow under talented leadership.
The situation domestically is significantly better for steel in the last 2 quarters, and especially since the new year, and I would suspect that the lows are already made, unless there is a massive recession globally, and a war in Europe, but even then steel production during wars skyrockets. I would suspect that the next few weeks and months this mild growth story will translate into higher prices for US steel equities, probably in the order of mid $30's. I wouldn't be a seller here, not at all.
That was before all the market news, moves, and similar companies, and before the executives sold most of their shares last week.
Intel target for this quarter is $28.25 imho
Absolutely no reason to buy right now, or at these stages.