Another sell the pop day in the market. This time it wasn’t rates it was earnings. ASML missed by a fairly big margin which pulled down the entire semi space. I believe Taiwan Semi reported last night and reported better than expected numbers, but it is red so far this morning. As semi’s go, so goes this market. If we get higher rates, war in the Middle East, and problems with semi’s, that will probably be too much.
Financial News vs. Noise
Financial News vs. Noise
Financial News vs. Noise
Another sell the pop day in the market. This time it wasn’t rates it was earnings. ASML missed by a fairly big margin which pulled down the entire semi space. I believe Taiwan Semi reported last night and reported better than expected numbers, but it is red so far this morning. As semi’s go, so goes this market. If we get higher rates, war in the Middle East, and problems with semi’s, that will probably be too much.