farm machinery manufacturers like CAT and DE been really weak last few days with big volume on gap downs. DE has been closely tracking XME since last year or so which doesn't look too good either. Also, if we overlap IWM chart with DE, it looks pretty close to IWM chart before the break down. if it breaks 295 again or if it can get to 305-306. DE 9/16 280P...
AMD is on a really important zone here. if this breaks, its going to be a disaster for it. we can see 59-60. most of the semi conductor names like AMAT, NVDA or just semi etf SMH are pretty close to 200 weekly moving range. we might see it next week. MU reported ok numbers for this quarter but their guidance is awful. • They slashed EPS by 40% and REV by 20%...