|Bid||99.79 x 1000|
|Ask||100.63 x 900|
|Day's Range||99.43 - 101.33|
|52 Week Range||80.71 - 120.71|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.35|
|Expense Ratio (net)||0.35%|
ETF Trends CEO Tom Lydon explains why the trade spat may be a good time to buy, with Yahoo Finance's Seana Smith on "The Ticker".
Semiconductors have taken a 12 percent hit thus far in May after leading the rebound following 2018's fourth-quarter sell-off debacle. According to TradingAnalysis.com founder Todd Gordon, the chips might be down, but it's an opportune time to buy the dip. “The semis have led us on the way down,” said Gordon.
Semiconductor ETFs tested their long-term trend lines on Thursday as the trade-induced, risk-off selling continued with Chinese officials throwing more fuel into the fire. The broad sell-off in the equities market continued Thursday after a Chinese official said the U.S. should “adjust its wrong actions” if it would like to continue negotiations in response to the Trump's administration's restrictions on the telecommunications giant Huawei Technologies, fueling investors’ concerns that Washington and Beijing are moving further apart on a trade deal. U.S. semiconductors were among the hardest hit in the wake of the Huawei blacklisting as chipmakers lost a big customer in Huawei, the world's largest provider of telecommunication equipment, which purchased about $20 billion in semiconductor chips each year.
Below is a look at ETFs that currently offer attractive buying opportunities. The ETFs included in this list are rated as buy candidates for two reasons. First, each of these funds is deemed to be in an uptrend based on the fact that its 50-day moving average is above its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading below its five-day moving average, thereby offering a near-term 'buy on the dip' opportunity, given the longer-term uptrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
It's a rare market where we, literally, write off a huge percentage of stocks that we would normally want to buy. It pays sometimes to just tick down what can't be bought right here and why and how that can turn because right now there is a shortage of buyable stocks that allow us to take a nap. Sleeping through the night is out of the question given our president and the trade war with the Chinese.
The stock market bounced Tuesday in a broad advance in which small caps spearheaded the attack. The Russell 2000 jumped 1.2% at the closing bell, outperforming the major indexes. The small-cap gauge, however, remains below its converged 50-day and 200-day moving averages.
Technically speaking, the major U.S. benchmarks continue to whipsaw amid trade-fueled volatility though the bigger-picture damage has thus far been largely contained, writes Michael Ashbaugh.
Semiconductor ETFs Fall as US Chip Firms Stop Shipments to Huawei(Continued from Prior Part)The interdependence of the United States and China The United States is the biggest supplier and China is the biggest consumer of semiconductors in the
Post U.S. blacklist, Google denied Huawei access to certain updates to the Android system. Here, we study the impact of the ban on some semiconductor ETFs with exposure to Huawei's key U.S. suppliers.
Semiconductor ETFs Fall as US Chip Firms Stop Shipments to HuaweiProgress on Huawei ban On May 16, the United States banned American companies from supplying or transferring technology deemed critical for national security to Chinese telecom
After President Trump's trade-war tweet on May 5 and the market's subsequent fall, the S&P 500 has rallied about 3% from the lows of 2805, although it is still off its all-time high of 2950. It was trading around 6.65 yuan to the dollar for most of this year, until recently falling to 6.94 to the dollar, threatening the all-important 7 level.
Stocks of NVDA, AMAT, and AMD Rise amid Macro Weakness(Continued from Prior Part)Semiconductor stocks fall in MayThe last few days have been a roller-coaster ride for semiconductor stocks for macroeconomic and company-specific reasons. The US-China
Nvidia (NASDAQ:NVDA) reported earnings last night and investors loved them. NVDA stock spiked 7%… then faded back to red. This is more likely due to overall stock market malaise than Nvidia disappointment, however. We are still dealing with geopolitical headlines a major economic war between the U.S. and China.Source: via NvidiaAs of this writing, NVDA had turned green again, up about 1%.The NVDA options markets had priced in a +/- $12 move today and the after hour spike perfectly took the stock to the upper edge of that limit. The open interest in the options markets also suggested upside pressure with resistance this week at $173 and that was exactly where it faded. So the overnight action unfolded exactly as planned. Now the bulls need some follow through as the market shakes the overnight jitters off. And the geopolitical headlines need to cooperate.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs These last two days are quite the change from earlier this week when equities like NVDA were in free fall. Wall Street panicked from headlines that China retaliated against the new U.S. tariffs. Yet Thursday, NVDA stock closed slightly green ahead of the event.This small upside move was impressive since the Thursday open was scary for chip stocks. They all collapsed on headlines that the U.S. is acting against Huawei. So traders then extrapolated that all chip companies are vulnerable too. But this morning the sector is once again trying to find footing as Applied Materials (NASDAQ:AMAT) is helping with its positive reaction to their earnings.NVDA beat both earnings and sales. But more importantly, they raised guidance for the future. So they over-delivered and promised that they will do even better next time. This is reason to hold or start accumulating a position in Nvidia stock.NVIDIA used to be focused on graphics cards, but now they are set up to benefit from several of the hot topics for the next few decades. They have transformed into a dominant player in any tech that needs a brain. From computers on our desks or in our pockets, to ones that drive our cars.Last night's report shows that NVIDIA has returned to growth, and gaming and data centers are exciting areas of opportunities once more. Also Artificial Intelligence segments will accelerate as adoption of AI grows world wide. This is a budding trend that will dominate in the future. Every aspect of our technology will have AI built into it. Nvidia stock will surely benefit from this trend.Management also noted that the acquisition of Mellanox (NASDAQ:MLNX) will close by year end. So the noise from the assimilation will die down. They outbid Intel (NASDAQ:INTC) so they can create more runway in their own data center efforts. This will have incremental profits soon enough. The Bottom Line on Nvidia StockSo in summary, Nvidia stock is not a sell here. The management team has proven that they are still on top for their game. They are growing demand for gaming, cloud tech and AI. So they left nothing for the sellers to use as weapons.In addition, there is also the surprise revival of the Crypto-craze as Bitcoin rallied 100% in a month. In the past, NVDA and crypto moved in tandem, but Nvidia has outgrown this. Bitcoin is no longer part of the NVDA investment thesis so it's pure gravy. So it's not a threat to the rally since it's not a major peg that could break. * 6 Chinese Stocks That Could Pop On a Trade Deal The experts on Wall Street agree that Nvidia stock is a BUY. The average price target is close to $200 per share, which also shows that Wall Street believes that the upside opportunity outweighs the downside risks.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post After NVDA Stock Earnings, $200 Is Within Reach appeared first on InvestorPlace.
Semiconductor Stocks Fall as Trump Imposes Ban on HuaweiTrump imposes a ban on Huawei Semiconductor stocks fell once again as President Trump played another card in the United States’ trade war with China. Trump declared a national emergency,
BAML Survey: Downside Expected, but Not a Trade-Talk Breakdown(Continued from Prior Part)Most crowded trade: US techAccording to the latest Bank of America Merrill Lynch survey, US tech was the most crowded trade, displacing short European
Though markets rallied probably on the undervalued status and a still-steady US economy, rising recessionary fears and full-scale trade war risks should brighten the appeal of safer ETFs.
A continuation of the fear-and-loathing trade kicked off the workweek for investors. Now though, in an oversold market, Advanced Micro Devices (NASDAQ:AMD) is looking less like a casualty of the trade war and more like a sector standout off and on the AMD stock chart. Let me explain.Source: Matthew Rutledge via FlickrMonday picked up right where a market drubbing last week left off, sans Friday's miraculous late session, tweet-inspired rally. And that's to say, the broader averages finished deep in the red. For its part, the S&P 500 slid by 2.47% as the 'twit'-for-tat gameplay of the U.S. and China's trade war worsened.Driving the price action, investors are increasingly on edge after Chinese officials promised to raise tariffs on $60 billion of American imports following the U.S. increase on $200 billion of Chinese goods from 10% to 25% on Friday.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd nowhere was the selling more pronounced than in tech names like AMD stock.The tech-heavy NASDAQ tumbled 3.41%. Meanwhile, the Vaneck Vectors Semiconductor ETF (NYSEARCA:SMH) fell by 4.64%. AMD stock shed an outsized 6.15%. That was enough to allow AMD to share the top spot for worst performance among large-cap semiconductors with peers Nvidia (NASDAQ:NVDA) and Maxim Integrated (NASDAQ:MXIM). * 10 Retirement Stocks That Won't Wilt in a Bear Market As a group, chip companies maintain an inordinate amount of revenues tied to China. Needless to say, with China manufacturing a good chunk of the end products semiconductors are used in, as well as being a massive consumers of those products as well, those sales are perceived as being increasingly at risk in today's escalating trade war.But is it really all that bad in AMD stock? As an investor I don't see it that way, despite the financial media's well-vocalized and distributed fear mongering that make the bear case seem inevitable. Sure, the trade war could get uglier. And that could negatively impact Advanced Micro Devices. But a trade agreement isn't exactly off the table, and conditions could quickly become bullish.In an uncertain environment, with AMD's recent earnings topper in hand, a big $600 million U.S. Department of Energy contract win last week and a price chart still looking very supportive for bulls, it's time to focus on going long, not giving up on AMD stock. AMD Stock Weekly Chart Click to EnlargeAre conditions perfect for this sort of bullish enthusiasm in AMD stock given the market's amazing run from last December's 'the sky is falling' trade war-driven lows? Personally, I'd want to see more investor unease or outright panic before I'm convinced buying shares outright on weakness will result in a profitable position. So, I have something else in mind.Barring more extreme market behavior, which might still happen, there's still a way to prepare for buying AMD stock smartly at nearby prices that is less of a guessing game and one which stacks the odds in our favor.The strategy I'm recommending is to buy AMD stock using the weekly chart and waiting for modest upside confirmation of strength. This is accomplished by purchasing shares above last week's high of $28.10. Given AMD's fairly well-supported and behaved consolidation of the past six to seven weeks, as long as last week's low of $26.03 holds, this allows investors to buy shares as the pattern's low is confirmed.Bottom line, despite an entry in a notoriously volatile stock, this strategy isn't likely to trigger unless the market is actually picking up the pieces rather than scrambling to buy more technically oversold stocks like Apple (NASDAQ:AAPL) or Intel (NASDAQ:INTC). The intention is to avoid buying AMD stock during a one or two day dead cat bounce which ultimately fails. And right now that looks like smart business and certainly smarter than trying to catch a potential falling knife.Disclosure: Investment accounts under Christopher Tyler's management currently own positions in Advanced Micro Devices (AMD) and its derivatives but no other securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post How, When and Why to Buy AMD Stock in Todayas Market appeared first on InvestorPlace.
Semiconductor ETFs at Risk of Technical DownturnSemiconductor ETFs fell in the mid-single digits Monday was yet another bad day for semiconductor stocks. The VanEck Vectors Semiconductor ETF (SMH) was down 4.6% on May 13. The chip stocks fell as
US-China Trade War Might Cause Semiconductor Casualties(Continued from Prior Part)Semiconductor ETFs hit by the US-China trade warThe semiconductor industry is vulnerable to the US-China (FXI) trade war, as China is one of its key markets. On May 5,
US-China Trade War Might Cause Semiconductor Casualties(Continued from Prior Part)How the US-China trade war affects investors The US-China (FXI) trade war has especially affected semiconductor investors, as China is a key market for most US