EU Russia Ukraine signed Natural Gas Deal... (Reuters News Article on Bloomberg)
EU will move toward lifting sanctions.....Acceleration will then happen quickly.
Positive for ZHNE Overseas Business Growth
This from yahoo finance article:
The fourth quarter traditionally has been the strongest quarter of the year for U.S. stock markets. The arrival of November also marks the start of the strongest six months of the year. Investing in the in the Dow Jones Industrial Average in the fourth quarter since 1950, from November through April, earned investors an average 7.5%. They earned a mere 0.3% during the other six months of the year.
Based on my experience, the fourth-quarter rally tends to be even stronger in global (particularly emerging) markets as investors re position themselves ahead of the coming year.
Bellwether large companies usually beat first...then others follow. Leading Economic indicators suggest 4.5% says marketwatch site economist. Tech CapEx Recovery Begun indicated by MU INTC HPQ MSFT ACT etc. Nov-Dec strongest two months for stocks says Art Cashin based on market patterns for decades. AFOP Buy on dips.
We have the strongest GDP Growth the past six months (2 quarters period) since 2003 as reported by Joseph LaVorgna at Lavorgnanomics on twitter.
Economic acceleration elevates profitability and durable goods technology upcycle rate of recovery.
CNN Fear and Greed Index went into Upturn recently....that runs 3 months.
.MACD Technical indicator on the Daily Chart has turned positive for the following markets:
AAPL is approaching MACD turning positive. Also so are MU AMD ZHNE TXN and others
Microchip deserves to be halved.
TXN which CNBC Guy Adami reported is "larger & more representative of the economy" just Beat + Guided Higher. MU did same.
MCHP cried wolf...This is a loser going much lower.
TXN Beat and Guided on the High End. CNBC's Guy Adami said TXN is more representative of the economy than MCHP which (falsely) pulled down entire tech sector by 20-30%.
Technology stocks beginning to get a reality check.
BBC News site today published interview with the Finance Minister of Germany, Europe's largest economy who revealed he is pushing for German big stimulus "concrete and soon".
Wolfgang Schaeuble Finance Minister revealed his push for Germqny to invest "quickly and in a concrete way". Admitted publically to the news meida that Germany so far did not yet do enough, and "Germany must invest more" to accelerate growth. This is a major admission and shows decisive stimulus by Germany which has a large budget surplus is about to be unleashed in the near future.
See the BBC news site Business pg 19 for the interview with Germany's Finance Minister. The apologetic Germany leader shows urgency and concreteness in this big German move toward Acceleration.
Strongest Consumer Confidence in 7 years
Energy oil gas price discount saves each US family $12K annually is equal to 2 Tax Cuts
QE by Europe and US is not baked into Analyst Estimates
Watch for news development as the QE issue undergirds the market and economic activity.
Cheap energy from US huge fracking surpassing Saudi lifts all boats for consumer & corporations
Sandisk should fall in half to 45......or Micron to Double to a similar level.
MU Beat+RAISED.............................Forward PE 6.89....PEG 0.5
SNDK Beat EPS-LIGHTRevenue......Forward PE 12.9... PEG 0.8
MU Equivalent Fair Value to Rise to $42-$56 or SNDK to fall to it
Netflix AH is where it was Jan and May. Guy Adami thinks if flat tomorrow is a tradeable bottom for a bounce.
HBO "mature audience" business announcement may be a future threat? Unlikely.
Netflix stock bounces severely.....numbers of subscribers gyrates and is still growing. This is a great streaming service.
ON EXPANDING GROSS MARGINS, SALES, AND EPS INTO PC, SERVERS, DATA CENTERS.
MU BEAT & RAISED ALSO TWO WEEKS AGO.
GARTNER, IDC, HPQ ALL REPORTED RISING PC STRENGTH THE PAST MONTH.....NOW INTC BEAT+RAISED GUIDANCE.
MOST TECH WAS PUMMELED -20% ON MCHP FALSE RUMOR!
MANY TECH SECTORS, LIKE BANKING AND CSX RAIL, ARE INCREASING RESULTS. AS IS S&P500 PROFIT CURVE RISING.
Goog to gap up as soon as INTC report or any others report strongly or guide higher like MU did and International Data Corp report did reporting stronger PC demand.
SOX Index 2 day chart clearly shows highest capitulation selling volume since August 2011.
Retailers strongly increased XMAS job hiring.
Tuesday INTC and a slew of other reports will be wakeup call.
Correct on all points...... EU Monday will Praise Putin's Concrete Actions and Lean to Lifting Sanctions.............
Friday Dhragi says has $1Trillion QE being readied as his last big gun
CNBC FAST MONEY INTERVIEW.... Needham Analyst Recommends Buy SNDK OR MU @ PE7...others at PE20. Demand for DRAM Strong with tight supply.
Says MCHP China Industrial Market had double-ordering MCHP inventory correction (very different from a demand issue)
Is this company losing market share to who?
why does Intel, Avnet, others in the Wintel space report strength in nearly all areas, yet Microchip flounders?
MU guided higher last week on stronger demand as bookings for 4Q budgets are loaded in their books. Micron CC pg 5 saw stronger PC, Server, Game Console hardware demand for XMAS.
Confirmatory reports by IDC and Gartner this week showed PC TAM Shipments stronger than expected in all regions, and they forecasted Stronger XMAS shipments.
Another confirmation by Retailers top ten who boosted hiring XMAS workers 20% to 200%. CNBC Power Lunch Retail Analyst just confirmed they also see XMAS Retail Demand strong.
AMD may guide higher, announce accelerated Gaming or PC get-well program, or be bought out at this underpriced level.
Sentiment: Strong Buy