
Source and data: Institute for Self Reliance

Source and data: Institute for Self Reliance
J.C. Parents, CMT is watching chip stocks as a leading indicator for other markets and perhaps the tech economy. And he likes what he sees.
Stocks bolted ahead last week as investors cheered the last big week of Q2 corporate reports and a Friday jobs update that put the spotlight on the Fed’s next move with short-term rates.
Chinese leaders are struggling to unwind three credit bubbles
Tech earnings are uneven and valuations are still on the high side