https://www.marketwatch.com/story/intel-faces-massive-wall-street-backlash-on-next-gen-chip-delay-2020-07-24 $INTC getting crushed in the pre-market today. Down nearly 14% as we head to the market open. It was a favourite of mine over the last couple of years but the delays in the 7nm chip release were already a problem towards the end of last year and I […]
Companies
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Last week was quite a crazy one for markets, the Dow experiencing its worst week since 2008, when the global financial system went into meltdown. Read more: https://www.cnbc.com/2020/03/19/stock-market-futures-open-to-close-news.html If we go back to the start of this market correction, I was initially looking for a 20% correction, just touching that […]
Evening all. Yesterday the markets displayed some strange behaviour with the ‘Triple Whammy’ I wrote about last night and that certainly ended up being a portend for a bad day, with the Dow having its worst day since the 1987 flash crash. See: https://www.cnbc.com/2020/03/11/futures-are-steady-wednesday-night-after-dow-closes-in-bear-market-traders-await-trump.html I usually use the SP500 for […]
After nearly a year of waiting for $BA to crack under $300 following the 737-MAX disaster and grounding of all those planes, it finally did it with this move down into the $26x’s, but now it’s here the situation is more complex than the issue of the MAX and I […]
Just taking a look at $CCL $CCL.L after seeing it fall again, down another 12% today. Another of their ships, the Grand Princess, is potentially the site of a new COVID-19 outbreak following hot on the heels of the Diamond Princess which has only just faded from the news. https://www.theguardian.com/world/2020/mar/04/coronavirus-san-francisco-cruise-ship-grand-princess […]