Looks like revenue is flat, but Intel says their 10 mm process is going well and should be ready for the holidays. (Article attached below). In addition, their 7 mm EUV process is going well as indicated by the older article at the bottom of this post. https://www.anandtech.com/show/1427...tion-of-10nm-ice-lake-cpus-raises-10nm-volume https://www.anandtech.com/show/13683/intel-euvenabled-7nm-process-tech-is-on-track So while Intel’s revenues are disappointing, Intels new product pipeline may help keep investors optimistic.
-5 Came within like a tick of my +6 target. Probably should have put in a BE stop at that point, but typically if I do that, it will take my BE stop and then quickly crash to my target without me lol.
Will take a breakout long over 7809 area where it's struggled to get through a few times, but making higher lows (ascending triangle)
Looking forward to to the FOMC meeting next week. How can they justify keeping rates at crisis levels with the economy so hot. Earnings have not been a disaster as the clown media forecast.
Breakout Tuesday, then a little two day drift to consolidate gains, with an important HWB tested yesterday to the delight of the bulls, and hey, it's Friday! Still keeping to my contention that the next destination on this bull run is ESM 2951. If the bull catches another tailwind, then 58 and 70 could follow soon. If it sticks to it's current script, however, a breakout to 2951 will again be followed by a multiday snoozefest before the next breakout for another 10 point gain lol. Sure would be nice to see a nice multiday run of +100 points or so. Good luck today, y'all!