Semi-Bearish, Semi Bullish

Published on
July 26th, 2019
Duration
10 minutes

Semi-Bearish, Semi Bullish

Trade Ideas ·
Featuring Craig Johnson

Published on: July 26th, 2019 • Duration: 10 minutes

Craig Johnson, CFA, CMT, returns to Real Vision with a skeptical outlook on the stock market. Despite his hesitation over the broader market’s direction, he sees light in the semiconductor space. He explains why, and lays out a trade on Micron in particular, in this interview with Jake Merl. Filmed on July 24, 2019.

Comments

Transcript

  • GS
    Greg S.
    9 August 2019 @ 14:08
    Haha, Texas constructive earnings. They guided down even with starting to resell to Huawei. Inventory overhang is huge.
  • DP
    David P.
    1 August 2019 @ 02:08
    Good interview. Not sure about semis in general. A substantive trade deal that benefits the U.S. is a literal impossibility before the election. I suppose it's possible a cosmetic deal comes together in next 6 months and would allow both sides to declare victory to an unquestioning press. The market would look through a superficial deal like that fairly quickly
  • T~
    Tshort63 ~.
    28 July 2019 @ 17:35
    I hit the thumbs down not because I did not like the content but because I disagree about the 10% correction- it will cascade much lower IMO. I also think semis is a bad trade as the inventory has built up - much like autos- and this will really impact any significant process. Semis can go stale and with large inventorys, on hand I would be concerned about obsolescence. And, I would not be surprised if it turns out I am very wrong, have hat in hand ready to eat.
  • RS
    R S.
    26 July 2019 @ 20:44
    The title ha