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To: Return to Sender who wrote (83432)6/10/2019 5:15:22 PM
From: Return to Sender
4 Recommendations   of 84845
 
BPSOX rises 2 to 15 - [MKSI SWKS added] - Nice to see some semi's added!

15
Mon

Jun 15

Symbol Symbol
ADI ADI
AMAT AMAT
AMD AMD
CY CY
LRCX LRCX
MCHP MCHP
MLNX MKSI
MRVL MLNX
MXIM MRVL
SLAB MXIM
TER SLAB
TSM SWKS
XLNX TER

TSM

XLNX

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To: Return to Sender who wrote (83441)6/10/2019 5:19:19 PM
From: Return to Sender
4 Recommendations   of 84845
 
17 New 52 Week Highs on the NDX - No New 52 Week Lows for Monday June 10, 2019

New Highs
ADP
AMD
CHTR
COST
CTAS
HAS
HSIC
IDXX
MELI
MSFT
PAYX
PYPL
SNPS
VRSK
VRSN
WLTW
XRAY

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To: Return to Sender who wrote (83442)6/10/2019 5:20:47 PM
From: Return to Sender
   of 84845
 
Mexico deal extends stock market rally
10-Jun-19 16:20 ET
Dow +78.74 at 26062.68, Nasdaq +81.07 at 7823.15, S&P +13.39 at 2886.73

briefing.com

[BRIEFING.COM] The S&P 500 advanced as much as 1.1% on Monday, catalyzed by the U.S. and Mexico reaching a deal to avoid tariffs that were scheduled to be imposed today. At its high, the benchmark index was above the 2900 level for the first time since early May, but buying interest cooled off in the afternoon, leaving the S&P 500 up 0.5% for the session.

The Dow Jones Industrial Average gained 0.3%, the Nasdaq Composite gained 1.1%, and the Russell 2000 gained 0.6%.

President Trump could still reinstate the tariffs, though, if the U.S. thinks Mexico is not doing enough to stop the flow of illegal migration through its borders. Nevertheless, U.S. companies dodged a 5% tariff rate on all goods imported from Mexico, which kept the market in good spirits in addition to sizable M&A activity and decreased demand for U.S. Treasuries.

The S&P 500 consumer discretionary (+1.1%), information technology (+1.0%), and financials (+0.9%) sectors, which are among the most heavily weighted sectors in the S&P 500, outperformed the broader market.

Consumer discretionary received strong support from shares of Amazon (AMZN 1860.63, +56.60, +3.1%), information technology rose on the back of the semiconductor stocks, and financials benefited from higher Treasury yields amid the decreased demand for the safe-haven asset. The Philadelphia Semiconductor Index increased 2.5%.

The higher yields, on the other hand, undercut the performances of the rate-sensitive real estate (-0.3%) and utilities (-0.6%) sectors. The 2-yr yield and the 10-yr yield increased six basis points each to 1.90% and 2.14%, respectively. The U.S. Dollar Index advanced 0.2% to 96.74. WTI crude fell 1.1% to $53.31/bbl.

In M&A news, United Technologies (UTX 128.01, -4.14, -3.1%) and Raytheon (RTN 187.12, +1.21, +0.7%) agreed to an all-stock merger of equals, valued at roughly $120 billion. Salesforce (CRM 152.79, -8.48, -5.3%) announced it will acquire Tableau Software (DATA 167.41, +42.20, +33.7%) for $15.7 billion in stock, which represents a 42% premium to DATA's closing price from Friday.

Separately, shares of Beyond Meat (BYND 168.10, +29.45) continued to soar, tacking on another 21.2% on Monday. Since pricing its IPO at $25 per share on May 1, the stock has yielded a staggering 572.4% return to shareholders.

Monday's lone economic report, the April Job Openings and Labor Turnover Survey, showed that job openings decreased to 7.449 million from a revised 7.474 million in March (from 7.488 million).

Looking ahead, investors will receive the Producer Price Index for May on Tuesday.

  • Nasdaq Composite +17.9% YTD
  • S&P 500 +15.2% YTD
  • Russell 2000 +13.0% YTD
  • Dow Jones Industrial Average +11.7% YTD

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To: Return to Sender who wrote (83443)6/10/2019 5:22:21 PM
From: Sam
2 Recommendations   of 84845
 
Samsung, SK hynix caught in US-China trade feud

By Baek Byung-yeul

Samsung Electronics and SK hynix have found themselves caught in the middle of the escalating U.S.-China trade war as they are facing growing pressure from Beijing not to join Washington's sanctions on Huawei, according to industry analysts Monday.

Korean tech companies including the two semiconductor giants are facing an increasingly uncertain business outlook as they struggle to find the middle ground between the world's two largest economies.

On Saturday (U.S. local time), the New York Times reported that Chinese government officials reportedly summoned officials from tech firms including Samsung and SK hynix on June 4 and 5 and warned them of "dire consequences" if they joined the U.S.-led boycott of Huawei.

Officials from Samsung and SK hynix declined to comment on whether their executives were actually summoned, citing the sensitivity of the matter.

The move came after Beijing's recent announcement that it will set up a blacklist of unreliable companies in retaliation to the ban on Chinese tech giant Huawei.

Given U.S. Ambassador to Korea Harry Harris recently urged local tech firms to join the U.S.-led Huawei boycott, industry officials said Korean companies are increasingly at risk of becoming collateral damage in the trade war between the world's two largest economies.

"It is getting harder to avoid being sandwiched by the trade war between the U.S. and China because the ongoing dispute is a geopolitical and economic matter," an official at a local tech company said. "Also, there are increasing chances that Korean companies will experience a slowdown in their businesses."

He also said Samsung and SK hynix would be unable to cut themselves off from Huawei as they supply it with parts worth about 10 trillion won ($8.4 billion) annually.

An industry analyst concurred that the escalating U.S.-China trade has clouded the outlook for Korean companies because they are heavily dependent on both markets.

"For Korean companies, both the U.S. and Chinese markets are important. It will be difficult for them to pick and choose which side they would like to be a part of," said Mun Byung-ki, a senior researcher at the Institute for International Trade at the Korea International Trade Association.

The researcher said it was important for them to make a strategic decision.

"China has its strength in manufacturing and hardware-based industries and the U.S. has the advantages in software and technological capabilities, so it is hard to tell which side the companies have to opt for. As the circumstances surrounding the Korean companies are different, they have to come up with the appropriate strategic decision," the researcher said.

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To: Sam who wrote (83444)6/10/2019 5:30:16 PM
From: Sam
2 Recommendations   of 84845
 

Korean firms dragged into U.S.-China trade war Beijing warns officials from Samsung, SK not to bow to Washington June 11,2019

koreajoongangdaily.joins.com|home|newslist1



Worries that Korean companies could soon be dragged into the middle of the U.S.-China trade war appear to be coming true as top chaebol start to feel the pressure from Beijing.

According to a New York Times report Saturday, the Chinese government called in major tech companies last week to warn them of “dire consequences” if they cooperate with the U.S. government’s ban on selling technology to Chinese companies. Among the tech firms were Korea’s top two chipmakers: Samsung Electronics and SK Hynix, the report said.

The meeting involved officials from China’s National Development and Reform Commission, Ministry of Commerce and Ministry of Industry and Information Technology. The New York Times wrote their presence “suggested a high level of coordination and likely approval from the very top of China’s opaque leadership structure.”

The response from Samsung Electronics and SK Hynix has been extremely cautious.

On the same day, a Samsung Electronics spokesperson said, “There is nothing we can confirm to the media,” adding that “The interpretation that Samsung would benefit from sanctions on Huawei isn’t pleasing either.”

The response was similar from SK Hynix. “There isn’t much we can say at the moment,” a spokesman said.

If the New York Times’ report is true, it will mark the realization of concerns that Korean firms will end up sandwiched between the powers in the U.S.-China trade war.

Both Samsung and SK Hynix have production facilities in China.

Samsung manufactures NAND flash chips in the city of Xi’an, western China, while Hynix has a DRAM factory in Wuxi, eastern China. Samsung’s second NAND flash factory is also under construction in Xi’an. Since last year, the Korean electronics giant has injected 7.9 trillion won ($6.7 billion) into the project. Its completion in 2020 is intended to boost Samsung’s maximum NAND flash production per month by 43 percent from the current 200,000 units to 660,000.

SK Hynix just finished expanding its Wuxi factory last April with 950 billion won of investment. Half of the chipmaker’s DRAM production comes from this site.

Apart from chips, Samsung Display supplies smartphone displays to Chinese firms while LG Innotek exports camera modules. Samsung Electro-Mechanics is a supplier of multi-layer ceramic capacitors, another core component on electric circuits.

Cutting off IT components from these companies could be a major roadblock to Chinese President Xi Jinping’s “Made in China 2025” initiative. The state-funded plan aims to put the country at the forefront of 10 tech industries like semiconductors and electric vehicles by 2025.

According to IT industry sources, China’s biggest concern is the possibility of the Donald Trump administration launching a “secondary boycott” in the global IT industry, which refers to indirectly pressuring a target by influencing other businesses. Non-American IT companies receiving penalties for doing business with Huawei would be a disaster for China.

“Chinese officials explicitly warned companies that any move to pull production from China that seemed to go beyond standard diversification for security purposes could lead to punishment,” said the New York Times in the same report, citing two anonymous sources familiar with the meetings.

On the other end, Huawei was recently reported to have sent senior executives to Korea in order to request the continuance of component supply. In urgently arranged meetings on May 23 and 24, a senior executive from Huawei’s mobile division met with executives at local tech firms like Samsung Electronics, SK Hynix and LG Display, local reports said, urging them to “undergo component supply according to original contract terms.”

Huawei’s executives also recently visited mid-sized companies as well.

Local industry watchers are worried that if Korean companies halt component supply to Huawei, Beijing will hit back with the same retaliations that brought down Lotte Mart.

In March 2017, Lotte Mart was forced to halt operations of 87 of its 99 branches across China for firearm violations. Orders came months after Lotte Group agreed on a land swap with the government as the deployment site of the U.S.-led terminal high altitude area defense antimissile system. The retailer decided last year to completely pull out of the market.

Back then the Chinese government used various administrative tools like fire regulations and hygiene laws to halt operations at Lotte Mart stores. The same could happen for Korean chipmakers if Beijing raises the same questions on hygiene and the usage of chemicals at their chip plants.

But some critics doubt the New York Times report. CNBC reported that Beijing sent a softer message to companies from third-party countries, including Korea, saying that as long as they continue transactions normally there will be no problems.

BY KIM YOUNG-MIN, JUNG HYO-SIK [song.kyoungson@joongang.co.kr]

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To: Sam who wrote (83445)6/10/2019 11:12:42 PM
From: Return to Sender
   of 84845
 
56% Upside Volume on the NYSE - 69% Upside Volume on the NASDAQ:

wsj.com

Monday, June 10, 2019
Notice to readers: As of 3/3/11, Closing ARMS Index (TRIN) calculation is based on composite data. Click here for historical data prior to 3/3/11.
NYSE Latest close Previous close Week ago
Issues traded 3,051 3,045 3,052
Advances 1,782 2,189 1,936
Declines 1,165 774 1,041
Unchanged 104 82 75
New highs 208 292 100
New lows 27 46 113
Adv. volume* 409,862,279 474,399,650 720,865,775
Decl. volume* 320,656,370 227,322,739 255,365,422
Total volume* 740,455,627 727,972,804 982,133,671
Closing Arms (TRIN)† 1.16 1.37 0.72
Block trades* 5,021 4,821 5,951
Adv. volume 1,820,541,723 2,123,458,856 2,864,896,567
Decl. volume 1,380,962,638 1,031,625,860 1,101,816,070
Total volume 3,258,985,721 3,245,789,034 3,991,336,749
Nasdaq Latest close Previous close Week ago
Issues traded 3,208 3,211 3,227
Advances 2,025 2,033 1,630
Declines 1,094 1,053 1,475
Unchanged 89 125 122
New highs 120 152 58
New lows 52 111 170
Closing Arms (TRIN)† 0.80 0.59 1.08
Block trades 8,108 8,508 11,175
Adv. volume 1,426,189,445 1,550,440,878 1,292,478,523
Decl. volume 616,573,047 475,913,731 1,263,544,025
Total volume 2,052,716,534 2,064,294,413 2,583,478,305
NYSE American Latest close Previous close Week ago
Issues traded 278 281 286
Advances 140 160 150
Declines 125 107 119
Unchanged 13 14 17
New highs 10 10 10
New lows 5 6 10
Adv. volume* 11,339,481 6,280,431 6,802,759
Decl. volume* 5,337,115 3,314,708 4,250,620
Total volume* 16,804,223 10,038,133 12,319,415
Closing Arms (TRIN)† 0.59 0.75 0.56
Block trades* 158 122 120
Adv. volume 90,097,843 58,545,255 67,691,795
Decl. volume 47,114,179 29,227,772 30,049,264
Total volume 137,863,957 91,757,856 106,828,203
NYSE Arca Latest close Previous close Week ago
Issues traded 1,586 1,588 1,583
Advances 1,072 1,349 1,118
Declines 493 231 451
Unchanged 21 8 14
New highs 59 168 95
New lows 8 14 41
Adv. volume* 132,750,180 188,287,087 264,565,077
Decl. volume* 90,591,580 41,855,346 74,366,897
Total volume* 224,527,511 234,756,771 340,241,179
Closing Arms (TRIN)† 1.26 1.48 0.87
Block trades* 1,067 1,397 1,582
Adv. volume 655,830,331 869,693,528 1,203,551,022
Decl. volume 378,693,576 219,827,209 424,263,063
Total volume 1,042,901,936 1,111,141,686 1,636,017,227

*Primary market NYSE, NYSE American or NYSE Arca only. †Compares the ratio of advancing to declining issues with the ratio of volume of shares rising and falling. Arms Index or TRIN = (advancing issues / declining issues) / (composite volume of advancing issues / composite volume of declining issues.) Generally, an Arms of less than 1.00 indicates buying demand; above 1.00 indicates selling pressure.

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To: Return to Sender who wrote (83440)6/11/2019 4:32:20 PM
From: Return to Sender
4 Recommendations   of 84845
 
BPNDX rises 1 to 60 - [NTAP added]

60
Tues
Jun 11

Symbol Symbol
AAPL AAPL
ADI ADI
ADP ADP
AMAT AMAT
AMD AMD
AMZN AMZN
BKNG BKNG
BMRN BMRN
CELG CELG
CERN CERN
CHKP CHKP
CHTR CHTR
CMCSA CMCSA
COST COST
CSCO CSCO
CSX CSX
CTAS CTAS
CTSH CTSH
DLTR DLTR
EA EA
EBAY EBAY
FAST FAST
FISV FISV
HAS HAS
HSIC HSIC
IDXX IDXX
ILMN ILMN
INTU INTU
ISRG ISRG
LBTYA LBTYA
LRCX LRCX
MAR MAR
MCHP MCHP
MDLZ MDLZ
MELI MELI
MNST MNST
MSFT MSFT
MXIM MXIM
NFLX NFLX
NXPI NTAP
ORLY NXPI
PAYX ORLY
PCAR PAYX
PEP PCAR
PYPL PEP
ROST PYPL
SBUX ROST
SIRI SBUX
SNPS SIRI
SWKS SNPS
TMUS SWKS
TSLA TMUS
TTWO TSLA
VRSK TTWO
VRSN VRSK
VRTX VRSN
WLTW VRTX
XLNX WLTW
XRAY XLNX

XRAY

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To: Return to Sender who wrote (83441)6/11/2019 4:35:22 PM
From: Return to Sender
1 Recommendation   of 84845
 
BPSOX unchanged at 15

15
Tues
Jun 11

Symbol
ADI
AMAT
AMD
CY
LRCX
MCHP
MKSI
MLNX
MRVL
MXIM
SLAB
SWKS
TER
TSM
XLNX

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To: Return to Sender who wrote (83448)6/11/2019 4:46:53 PM
From: Return to Sender
3 Recommendations   of 84845
 
18 New 52 Week Highs on the NDX - No New 52 Week Lows for Tuesday June 11, 2019

New Highs
ADP
CHTR
COST
CSCO
CTAS
FISV
HSIC
IDXX
MDLZ
MELI
MSFT
PAYX
PYPL
SNPS
VRSK
VRSN
WLTW
XRAY

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To: Return to Sender who wrote (83449)6/11/2019 4:49:11 PM
From: Return to Sender
1 Recommendation   of 84845
 
Stock market snaps winning streak in tired session
11-Jun-19 16:20 ET
Dow -14.17 at 26048.51, Nasdaq -0.60 at 7822.55, S&P -1.01 at 2885.72

briefing.com

[BRIEFING.COM] The stock market finished slightly lower on Tuesday, with declines ranging from 0.01% (Nasdaq Composite) to 0.3% (Russell 2000). The S&P 500 jumped out to a 0.8% gain out of the gate, but a lack of general buying conviction after a lengthy rally helped snap its winning streak. The S&P 500 declined 0.03%.

In a day where there were no new catalysts to meaningfully sustain another move higher, the stock market traded in a tight range after giving up its early lead. The fact that the S&P 500 was up as much as 6.1% today from its June 3 low, also contributed to some sluggishness and the lack of conviction.

Supportive considerations for the market remained expectations for the Fed to signal a rate cut (or two) at its policy meeting next week and optimism that the U.S. and China can still strike a trade deal. Some of that trade optimism could be reined in, though, if new stimulus measures announced by China on Tuesday boost its economy to a position where Beijing feels it has the upper hand in trade negotiations with the U.S.

Most of the S&P 500 sectors finished near their unchanged marks. The consumer staples (+0.4%), consumer discretionary (+0.3%), and communication services (+0.3%) sectors outperformed the broader market. Facebook (FB 178.10, +3.28) was a notable gainer, advancing 1.9% after the stock was upgraded to Buy from Neutral at MoffettNathanson.

The S&P 500 utilities (-0.7%) and industrials (-0.9%) sectors were Tuesday's laggards. The underperformance in the aerospace-and-defense stocks contributed to the weakness in the industrial sector after a Wall Street Journal report suggested Pentagon spending may slow down. The iShares Dow Jones US Aerospace & Defense ETF (ITA 205.79, -4.87) lost 2.3%

Separately, shares of Beyond Meat (BYND 126.04, -42.06) were humbled, losing 25.0% after the stock was downgraded to Neutral from Overweight at JP Morgan with a price target of $121.

U.S. Treasuries also finished the session mixed. The 2-yr yield increased three basis points to 1.93%, and the 10-yr yield finished flat at 2.14%. The U.S. Dollar Index declined 0.1% to 96.70. WTI crude increased 0.1% to $53.34/bbl.

Reviewing Tuesday's economic data, which included the Producer Price Index for May and the NFIB Small Business Optimism Index for May:

  • The Producer Price Index for final demand increased 0.1% (Briefing.com consensus +0.1%) while the index for final demand, less food and energy, increased 0.2% (Briefing.com consensus +0.2%). The expected readings left the yr/yr changes at 1.8% and 2.3%, respectively, versus 2.2% and 2.4% in April.
    • The key takeaway from the report is that the moderation in producer price inflation should jump out in the market's mind as another data point validating an eventual rate cut by the Fed.
  • The NFIB Small Business Optimisms Index for May increased to 105.0 from 103.5 in April.
Looking ahead, investors will receive the Consumer Price Index for May, the weekly MBA Mortgage Applications Index, and the Treasury Budget for May on Wednesday.

  • Nasdaq Composite +17.9% YTD
  • S&P 500 +15.1% YTD
  • Russell 2000 +12.7% YTD
  • Dow Jones Industrial Average +11.7% YTD

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