|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||67.40 - 69.40|
|52 Week Range||58.36 - 76.57|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
The Zacks Analyst Blog Highlights: VanEck Vectors Semiconductor, iShares PHLX Semiconductor, PowerShares Dynamic Semiconductor, SPDR S&P Semiconductor and First Trust Nasdaq Semiconductor
Nvidia Corporation (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD) are engaged it what might be the fiercest corporate competition around. In May, I predicted that NVDA stock would hit $200 before AMD stock hit $16. In mid-August with the two stocks in a neck-and-neck race, I recommended investors forget about Advanced Micro Devices and buy SPDR S&P Semiconductor (ETF)(NYSEARCA:XSD) instead.
QUALCOMM, Inc. (NASDAQ:QCOM) is as divisive a name as you’ll find in today’s markets. QCOM stock is essentially too big to fail according to annalists on one side of the debate. In my last write-up about Qualcomm stock, I took encouragement from its technical setup. Up until a few days ago, QCOM stock held steady around the $51 range.
Buckle up. The current combination of geopolitics and seasonality, including two hurricanes, the nuclear threat from North Korea, and the US stock market's seasonal tendency to be weak from now through mid October collectively set the stage for a potentially treacherous autumn for investors.
Last week's failed rally from minor underlying support in the benchmark S&P 500 (SPX), especially amid top-heavy investor assets in the SPDR Dow Jones Industrial Average ETF (DIA) and growing apprehension in the forward-looking bond market, warns of more US broad market weakness this week.
AMD stock closed Aug. 14 trading at $12.76, exactly $2.10 above the midpoint of its 52-week range and $4.13 above the midpoint of its five-year range. Barclays is betting it’s more like $9. What I do know is that in one of my recent articles about AMD stock, I predicted that Nvidia Corporation (NASDAQ:NVDA) would hit $200 before Advanced Micro Devices hit $16.
A digital currency fund was the big performance winner in May, while semiconductor ETFs also outperformed the S&P 500 by a wide margin.
Despite posting first quarter earnings and revenue beats yesterday, shares of chipmaker Texas Instruments (TXN) are down on Wednesday. Now, with Intel (INTC) set to report its first-quarter earnings tomorrow, should investors worry that one of the biggest chipmakers in the world could see similar stagnation?
CNBC's Bob Pisani takes a look at what's moving in early morning trading, including mixed results in semiconductors as homebuilders maintain gains.