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~bought 2/7 $215 calls @.03c
Bought 2/7 $146 puts @.10c cover both bases
Qualcomm share price had an Ascending Triple Top Breakout yesterday on 21-Jan-2025. GLTA
Net is slowly dwindling. I'll wait.
qcom hit $193 in AH now $164
$30 dollar reversal is massive
Got a nice little position here now. Lessss gooooooo
Great to know
just happy Q is doing well...they deserve it...
GOOOOOOOOOOOOOOOOO Q! GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!
MONKS DID YOU BUY YOUR BITCOINS BACK**** IT IS FLYING NOW BUT A LITTLE PULL BACK IS HEALTHY.
Cathie Wood & Ark Invest's Buys 32,629 Shares of Qualcomm Inc. (QCOM)
By: Ark Invest Daily | February 14, 2024
• Cathie Wood and Ark Invest's trade activity from today 2/14.
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Cathie Wood & Ark Invest's Buys 15,682 Shares of Qualcomm Inc. (QCOM)
By: Ark Invest Daily | February 12, 2024
• Cathie Wood and Ark Invest's trade activity from today 2/12.
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Cathie Wood & Ark Invest's Buys 28,599 Shares of Qualcomm Inc. (QCOM)
By: Ark Invest Daily | January 16, 2024
• Cathie Wood and Ark Invest's trade activity from today 1/16.
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Analyst: Plenty of Tailwinds Blowing for Chip Stock
By: Schaeffer's Investment Research | January 12, 2024
• Calls were the popular choice leading up to today's bull note
The shares of semiconductor concern Qualcomm, Inc. (NASDAQ:QCOM) are 1.6% higher in premarket trading, pacing to open up above $141 after Citigroup upgraded the stock to "buy" from "neutral" and hiked its price target by $50 to $160.
The analyst raised its revenue and earnings per share (EPS) guidance on Qualcomm, citing inventory replenishment in the handset space that they believe will continue through the first quarter of 2024.
While the majority of analysts are already optimistic, there's still some room for an unwinding of pessimism. Of the covering brokerage firms, eight still rate QCOM a "hold" or worse.
Should today's positive premarket action hold strong, the stock will open at its highest level in weeks. It will also move above short-term pressure at its 20-day moving average and a recent ceiling at the $140 level. Still, it will take a few more percentage points for Qualcomm stock to conquer its 3.9% year-to-date deficit.
Over the last 10 weeks, bullish bets have been the popular choice amongst options traders. Those looking to place their bets should consider options, as QCOM sports attractively priced premium. This is per its Schaeffer's Volatility Index (SVI) of 22% that ranks in the low 5th percentile of its annual range, implying lower-than-usual volatility expectations are being priced in.
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Citi sees upside for Qualcomm earnings and guidance, initiates positive catalyst watch
By: Investing | January 12, 2024
Citi analysts launched a positive catalyst watch on Qualcomm (NASDAQ:QCOM) shares in a note Friday, also raising its rating to Buy from Neutral and its price target for the stock to $160 from $110 per share.
The bank explained that it expects upside to Qualcomm's print and guidance when it reports earnings, which is the basis for the 90-day positive catalyst watch.
"We believe the inventory replenishment in the handset end market should benefit both revenue and margins at Qualcomm," said the investment bank. "We expect the replenishment to continue at least through 1Q24, and Qualcomm should gain share at Samsung as well."
"We are raising our F24E revenue and EPS estimates from $37.5 billion and $7.61 to $38.5 billion and $8.16, and our F25E revenue and EPS estimates from $41.0 billion and $8.82 to $41.0 billion and $9.29, respectively," they added.
QCOM shares are up around 1.7% premarket, trading at $141.39 per share, adding to its more than 18% gain in the last 12 months.
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Qualcomm (QCOM) Stock's January Doldrums Could Be Starting
By: Schaeffer's Investment Research | January 3, 2024
• Plus, another 25 stocks to avoid this month
• QCOM doesn't have the best January performance track record
Chip stocks were all the rage in 2023 amid artificial intelligence (AI) advancements. While the sector still looks promising, there's one name in particular investors may want to avoid in early 2024. More specifically, Qualcomm Inc (NASDAQ:QCOM) has historically underperformed in January, and seems to be sticking to this trend so far today, last seen down 1.6% at $137.99.
Per data from Schaeffer's Senior Quantitative Analyst Rocky White, QCOM averaged a January loss of 3.3% over the past 10 years, and finished the month in the red seven of those times. A comparable move from the security's current perch would place it below $135.
Shares are today testing support from the 20-day moving average, which has been in place since early November, as they continue to pull back from their Dec. 28, 52-week high of $146.89. Qualcomm stock still sports an impressive 30.8% year-over-year lead.
An unwinding of optimism in the options pits could hurt QCOM. Over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), QCOM's 50-day call/put volume ratio of 2.01 ranks higher than 89% of readings from the past year.
Premiums are affordably priced, per the equity's Schaeffer's Volatility Index (SVI) of 24% that sits higher than just 10% of annual readings, meaning short-term options are pricing in lower-than-usual volatility expectations.
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Qualcomm $QCOM has claimed that its new Snapdragon X Elite PC processor is 21% faster than Apple's $AAPL latest M3 chip in multi-core performance - MacRumors
By: Evan | December 18, 2023
https://twitter.com/StockMKTNewz/status/1736743745637294088
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Qualcomm $QCOM just formed a Golden Cross for the 3rd time this year. The previous 2 instances saw the stock decline an average of 15% over the next 7 weeks
By: Barchart | December 5, 2023
• Qualcomm $QCOM just formed a Golden Cross for the 3rd time this year. The previous 2 instances saw the stock decline an average of 15% over the next 7 weeks.
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Qualcomm $QCOM Nearing upside breakout
By: Theta Warrior | December 5, 2023
• $QCOM Nearing upside breakout.
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Capital International Investors Sells 1,159,483 Shares of QUALCOMM Incorporated (QCOM)
By: MarketBeat | November 23, 2023
• Capital International Investors lessened its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 11.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,946,380 shares of the wireless technology company's stock after selling 1,159,483 shares during the period. Capital International Investors owned 0.80% of QUALCOMM worth $1,064,840,000 at the end of the most recent reporting period...
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HUGE
[-chart]www.stockscores.com/chart.asp?TickerSymbol=QCOM&TimeRange=1825&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/chart]