Market Reaction To Tech Earnings Please click here for a chart of SK Hynix stock (NASDAQ:SKHY). As we previously shared with you, 34% of the S&P 500 growth is coming from just two companies – SK Hynix competitor Micron Technology Inc (MU) and NVIDIA Corp (NVDA).
The chart shows the jump up in SKHY stock on earnings. RSI on the chart shows SKHY stock is not overbought even after the earnings jump.
33T won vs. 1% year-over-year increase.
62T won vs. 9% year-over-year-increase.
SK Hynix is announcing a 20T won share buyback. The supply shortage is likely to stay until 2030.
DRAM bit shipments are likely to increase by about 25% year-over-year in FY27. High bandwidth memory (HBM) that is used in AI will see price increases.
77. Seagate earnings and projections were strong, but under the surface there are two issues: Exabyte growth is slowing.
Gross margins are trending down. Even though demand for disk drives is higher than the supply due to AI, prudent investors should note that as we shared with you earlier, Seagate competitor Western Digital Corp (WDC) had the same negative issues.
Blowout earnings are expected. The market is expecting the Fed to leave interest rates unchanged.
Oil is rising on the prospect of Netanyahu staying on as prime minister. In the early trade, money flows are positive in Alphabet (NASDAQ:GOOG), Meta Platforms Inc (NASDAQ:META), NVIDIA Corp (NASDAQ:NVDA), and Tesla Inc (NASDAQ:TSLA).
com, Inc. (NASDAQ:AMZN).
In the early trade, money flows are negative in Apple Inc (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT). In the early trade, money flows are positive in SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust Series 1 (NASDAQ:QQQ).
The most popular ETF for oil is United States Oil ETF (NYSE:USO). 031M barrels vs.
8M barrels. Bitcoin Bitcoin (CRYPTO: BTC) is range bound.
What To Do Now Consider continuing to hold good, very long term, existing positions and add tactical positions based on signals. The Arora Report is known for its accurate calls.
Most recently, we correctly called the rally from recent stock market lows and the 2026 semiconductor decline before a 25% drop in the Semiconductor ETF (SMH). In gold, we bought at an average price near $1,105, close to cycle lows, and took partial profits near $5,400, close to cycle highs.
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