Downgraded the semis but the analyst has been negative all along and has been wrong so far. MU isn't so much a semi anymore but it does get lumped in with the sector.
To some extent but the Fed and Congress are the major players in the wealth class division. Ask a senior or a saver how they are doing? President's in reality affect policy less than lawmakers in most administrations.
If Russia/Ukraine dies down over the weekend and markets continue higher that chart looks like steps heading higher. I would think MU will test that $34.85 high again soon. Putin is the key for now and Friday proved it he even trumps the Fed for now.
You can blame mostly all politicians for the many problems in our country they all suck but no matter what the party you cheer for the market has rallied some 10,000 points under his time as President because of and despite of his policies. History does show the markets do better under a Democratic President and those are the facts. I voted for him but after what happened to this country the prior 8 years I would have voted for a block of wood instead of the next Bush. I would not mind a Republican in the White House next because I think the markets would take off after that election however after the GOP deregulates across the board again it would be just a matter of 5-7 years that we see the WS crowd and bankers do what they do best....destroy economies. Look at it this way it would create another generational low buying opportunity like in 2008-2009.
A week later and the shares have rarely passes that level. That trade was probably a big player and may have something to do with the action lately and they may be still pressing the stock along with HGG weak results. On the other side of that is school is coming along with the holidays. Usually retail stocks pick up after labor day but BBY still has to report before then.
Traders are luvin' it. OVTI will be back over $28 soon.
I'm buying $27 and under. Of course the deal must happen but I still think I read $29 in cash. When the machines flip to reality this will be back over $28 quick.
I have it on my news that Omega sold all 1.1 million shares 3 weeks ago. Big guys have insider friends. I doubt it was a coincidence that the sold before the blow up. Maybe they finally saw the documentary and said it was time to sell....yeah right! Insiders tip off their pals that a miss is coming that's the way of Wall Street. On the other hand it's not a lot of shares and I think SEAS will be back near $19 quick. I traded it yesterday got out at $19.11 and bought some today around and under $18. This will bounce back but this company has a real image problem and they had better address it and the media real quick.
They sold 1 million shares....not that big of a holding and they probably sold yesterday or earlier. I think this rallies back some by 4pm like it did yesterday. This company has a real image problem they need to address ASAP.
What a nice guy Dan is and people liked him but ask shareholders about the job he did and the $40 million parachute he received and $100 million he "earned" from Sprint. Think about that for a minute and see what kind of taste that leaves in your mouth.
You have SO actually beating estimates, you have the 10 year treasury in the 2.40's and possibly going lower, you have them increasing their dividend almost every year, you have them servicing a growing part of the country, you have investors chasing yield in these uncertain times and the downgrades keep coming. The stock has bounced back from yesterday's low and may keep going higher. I wonder who bought this dip maybe Morgan Stanley?
Looks like the stock will get hit again at least it appears that way early on. It has acted well the past few days and it seems any little news and investors and traders hit the sell button.