SNSN schreef op 12 maart 2018 19:38:
[...]
For those really interested --> the current stock dynamics has very little (actually nothing) to do with the stock's fundamentals.
The main drivers for the 'fake sub-uptrend' (since Feb 9-14) and it's continuation (since Mar 5) are: i)
PHLX Semiconductor Sector index-sentiment (one can see clear
2-days lag in stock-index time-series) and ii) systemic (well expected) fall in Eur/Usd-rates (down from ~1.2555 on Feb 15).
The matter is, any systemic dynamics in forex provides (almost) risk-free 'trading strategy' (in two-currencies 'hedging accounts'). Though, the only 'comp hedging' can really work (available just to 'big/mid boys'). Of course, retailers (trend-followers) may also benefit as 'trend-following strategy' is just about the 'trend', and not about its 'nature'.
Take care.