Two Ways to Play: Intel Reveals Smaller, More Efficient Chips
Strengthen your portfolio in good times and bad.
Intel (INTC) has announced a new generation of Atom processors that will feature integrated graphics built directly into the CPU.
According to the online technology magazine PC World, the new chips will be 60% smaller than existing processors and will consume 20% less power, making it more efficient and bringing longer battery life to low-cost laptops.
Some project that the chips could lead to even smaller and thinner netbooks and tablets. The public will get its first look at netbooks with these chips in just a few weeks at the upcoming Consumer Electronics Show in Las Vegas January 7-10.
From the Bull Pen: Intel may be a buy, but those looking for tech exposure may find more upside in Microsoft (MSFT). In the short-term, a sell stop can be set below the recent low at 29.50.
From the Bear Cave: Bears can look to plays that are more directly related to the consumer. GameStop (GME) may be an option. On the daily chart, a rally back to 23.80 would fill the downside gap, providing bears with an entry opportunity. If and when.
For more ways to play and other trading ideas from more than 30 top market pros, take a free trial to our Buzz & Banter.
A Quick Check Around the World
Asian trading closed with the Nikkei 0.41%, India -0.71%, Hang Seng -1.08%, Shanghai 0.29%, and Taiwan 0.43%.
Across the pond, we see the FTSE 1.01%, CAC 0.74%, DAX 0.67%
As of 8:25 AM EST, S&P Futures are trading +5.25 to 1103.00. Nasdaq futures are +9.00 to 1816.00
A Look at Commodities
Over in commodities, crude oil is +0.01 to 73.37 while gold is +4.700 to 1116.20 this morning. Silver is +4.000 to 17.36 and copper +0.850 to 314.70.
The dollar Index is -0.1400 to 78.0550.
It should be a light week ahead. But click here for the full trading radar.
Good luck today!
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