JJ8
6 days ago
Intel Loses Pentagon Funding, Shell Plans 20% Business Team Reduction, and Latest News
March 13 2024 - 07:02AM
IH Market News
Intel (NASDAQ:INTC) β The Pentagon has decided not to proceed with a plan to allocate up to $2.5 billion in chip subsidies to Intel, shifting the responsibility to another federal agency, the Department of Commerce, to cover the shortfall. This change could impact the total funding Intel expects to receive, generating controversy over the use of the Chips Act funds. Intel sought more than $10 billion in incentives and is now looking to cut operational costs and streamline its organization to boost investor returns.
Monksdream
3 months ago
Chuckle
2023 has been a bullish year for mega cap, large cap, and mid cap stocks
Not so for small caps, very small cap, micro cap and nano cap stocks
Why so? 95 percent of them lose money even in a growing economy and have to sell shares in order to balance the books.
Back in June 2022 I bought $50,000 each of DIA, SPY, QQQ, MDY, IJR and IWM which is the Russel 2000 ETF
I like how Jeremy Grantham referred to it: βflakey Russel 2000 stocks with no earningsβ
Iβve sold the IJR and IWM and held the other four
Lets compare Intel with the IWM for 2023
JJ8
4 months ago
Momentum for INTC is strongly bullish. The 14-period Slow Stochastic oscillator is above 80, the level which many analysts call overbought. This means that investors have been actively purchasing shares and driving the price higher.
Today's volume is in-line with the norm for this point in the day, with 18,650,125 shares having traded so far. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers. As of 11:57 AM ET Monday, 11/20/2023
JJ8
4 months ago
Trend Analysis
INTC appears to be in a strong bullish trend. Its 200-day moving average is upwards sloping and the MACD histogram is above 0. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500.
Momentum for INTC is strongly bullish. The 14-period Slow Stochastic oscillator is above 80, the level which many analysts call overbought. This means that investors have been actively purchasing shares and driving the price higher.
Today's volume is on track to be lighter than usual, with 13,644,145 shares having traded so far. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.
Bollinger Bands® use standard deviation of the closing price around a moving average to measure volatility. The Bollinger Bands® are presently wider than usual, as a result of greater than normal volatility that accompanied the recent price move. Events such as this may precede a pause or reversal in the near term trend.
As of 1:18 PM ET Friday, 11/10/2023
JJ8
5 months ago
Momentum for INTC is strongly bullish. The 14-period Slow Stochastic oscillator is above 80, the level which many analysts call overbought. This means that investors have been actively purchasing shares and driving the price higher. Today's volume is on track to be lighter than usual, with 15,397,739 shares having traded so far. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.
As of 1:04 PM ET Thursday, 11/02/2023