Intel, Tech Stocks Lead Dow; Is Apple Setting Up New Buy Point?
PowerShares QQQ Trust (QQQ) rose 1.8%, while SPDR S&P 500 (SPY) and SPDR Dow Jones Industrial Average (DIA) advanced 1.3% and 1%, respectively. Emerging markets also rallied as iShares MSCI Emerging Markets (EEM) rose 1.6%.
Oil, utilities and semiconductors led the upside among sector funds in the stock market today. West Texas intermediate crude prices surged 1.3% to $63.56 a barrel. VanEck Vectors Semiconductor (SMH) and iShares PHLX Semiconductor (SOX) rose nearly 2% each. Both ETFs are moving up from support at their 50-day lines and are 3% off their January peaks. Chip giant Intel soared 4%.
mostly today result out... i still holding it... average 1.50, i think this result for sure good and quite similar with last quarter. wont be too impressive, but. will be improvement in YoY
mmsv will go back to 1.80 sooner, wish all the luck, i dont have mmsv until now as already buying others (bought iqgroup instead). Jst bet there expecting iq post better return (as it already down much).
Not very good and not very bad. Lowest in FY17. But mgmt really give correct forecast. Q2 & Q3 will be high and end year will be lower. Very transparent mgmt.
@superpanda ya.i like mr sia,under his management, he tell the true story.
smart-device producers in the second and third quarters of 2017. The following quarters are usually slower quarters.
“But this first quarter could turn out differently, as there are enquiries and orders on the way. The projection from our customers also indicates that this quarter could see some growth,” he added.
see?? "*But this first quarter could turn out differently, as there are enquiries and orders on the way.*"
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
aiinvestor
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Posted by aiinvestor > 2018-02-21 00:51 | Report Abuse
Chips rip higher, and market watchers eye Intel as the semi to own
Chip stocks are ripping higher, and one market watcher says the semiconductor space could be in for an even bigger rally.
https://www.cnbc.com/2018/02/20/chips-rip-higher-and-market-watchers-eye-intel-as-the-semi-to-own.html
Buy MMSV tomorrow!