Strong reports have growth implications for NETC.....
Today IXTC-X Nasdaq Telecom index rising over 5% which is the strongest 1day pop in years, even the strongest 1 week pop in years.
John Chambers CEO at CSCO reports strengthening communications orders the past few quarters with gradual improvement going forward in all worldwide region except southern Europe. Cisco usually leads the economy by one or two quarters.
Net Servi Long
Those of us who have invested through 5 or more semiconductor cycles know about over-reaction to tiny misses. Old Armageddon thinking is over.
With the backdrop of a firming global economies, fiscal improvement, and rising liquidity the trend is toward equipment modernization.
Economies, corporate profit, interest rates, hiring are on the mend.
Data center upgrades have begun.. Server sales then Windows Blue PC are next probably begin next quarter. Conservative telecom and other sectors will probably begin in 4 months.
From earlier market bottom. QE US Japan central banks, healing European banks, rising capital spending in some sectors. US government LNG export approvals acceleration will lift this market leader.
They read Cheniere was approved for exportation, Asia customers signed purchase contracts, competitors validated the attractiveness with follower strategy, US Govt hasn't approved competitor exports, Nat Gas international prices are rising. Being correct feels good and rewarding like being an owner of a championship sports franchise.
Being repeatedly wrong probably feels like betting against the Super Bowl winner.
Oracle needs younger modern leaders. Larry is grumpy old man and Hurd is an old hardware guy.
This falling company needs replacement leaders.
Watch leadership bellwether upgrades such as Hewlett Packard HPQ upgraded today is rising nearly 3% on large share volume.
HERO beginning to show stock upturn which fits with energy and tech due to lead the upturn.
Bond holders must begin to move that oversized mountain into equities if they hope to gain some return. Sandridge is a very good entry point here.
SP500 near piercing all time high, which follows the DOW breaking through old resistance.
US Housing, Jobs, ISM manfacturing, Banks, Auto sales, Retail are healing. China and Japan restimulating to help deflation.
Utilities PE valuation is higher than tech stocks as reported by Bloomberg and CNBC news. Level 3 to participate in the overdue tech recovery
Daily chart moneyflow is pointing down as Investors do not trust Finisar's old technology (ala Intel's new chips) or reporting accuracy (execs have lost confidence of public voices like Cramer and MMs)
Economically sensitive stocks like energy will be rising with this rising economic tide.
This is very bullish indication for LNG because it's volume today is nearly twice its daily average amount of volume for this time of day, on nearly 5% price rise.