Today I spoke with good friend PHIL PEARLMAN about the stock reactions to earnings from $IBM and $INTC on Reuters TV. Here is the video.
Don’t allow bad habits to form in this uptrend.
The trend is higher and your job is much easier if you focus on risk management.
In February 2001, shares of Intel (INTC) traded as high as $38.23, in the ten years since, they have never traded that high again. The stock has severely underperformed that average semiconductor stock. From the August 2010 low, the SMH has rallied 48% while INTC has advanced just 23% through Friday’s close. Perhaps it is … Read More