Semiconductor Index and Software
Software and semiconductor stocks are strong in the pre-market session, with Microsoft poised to press higher. In addition, speculation over whether INTC is considering a bid for Broadcom (AVGO) has both higher in early trading.
Cypress Semiconductor (CY), Marvell Technology (MRVL), Skyworks (SWKS), ASML Holding (ASML, Lam Research and Teradyne (TER) are active this morning as well, indicating we could see higher levels.
Watchlist Ranked by Performance
I’ve taken the liberty of ranking these stocks by focusing on Friday performance. Industrials are showing institutional footprints as well.
We also like the restaurant stocks. With Friday job numbers beating expectations, we assume the workforce will be spending some of that cash on dining out. Watch the consumer discretionary sector as well.
We’ll be LIVE at 9:20 AM to discuss the markets.
Good luck and Happy Trading,
Disclaimer: Do your Own Research
Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.