Notes You Need for November 30: JNPR, NOK, Fed nominee, China PMI, semiconductor sell off, Bitcoin futures
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. Here’s one item from today’s posts: “11:20 a.m.: Yesterday the semiconductor sector led the technology sell off with the Philadelphia Stock Exchange Semiconductor Index (SOX) scoring nearly a 5% retreat with a drop of 4.39%. Recent outperforming stocks led the retreat with Nvidia (NVDA) off 6.78%, Micron Technology (MU) off 8.74%, Cypress Semiconductor (CY) off 6.99%, and Lattice Semiconductor (LSCC) off 5.95%. The last 5% pullback came in early August–which was followed by a strong sector rally of more than 25%. Good chance that today was occasioned by traders taking profits”
Notes You Need for July 28: Earnings beats, savings rate, dollar, euro, rig count, China PMI, copper
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Notes You Need for June 30: China PMI, euro, dollar, GE, BHI, batteries, TSLA, MON
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Economic growth rates in China look to be stabilizing
In news from China today the HSBC/Markit Economics PMI for May climbed to 49.7. That was up from 48.1 in April and well above the 48.3 expected by economists. At 49.7 the index is just below the 50 level that separates economic contraction from expansion and suggests that growth rates are stabilizing in China