TMTB Morning Wrap
Good morning. Nas Futures +50bps as Semis +1.8% leading the way higher after the sell off yesterday. All eyes on Warsh’s first meeting at the Fed this afternoon. In Tech, Memory, semicap, and CPU names leading the way higher this morning (MU/SNDK +2-3%; INTC/AMD/ARM +2-3%).
Asia mixed: TPX +0.55%, NKY +0.72%, Hang Seng -0.74%, HSCEI -1.17%, SHCOMP +0.4%, Shenzhen +0.73%, Taiwan TAIEX +0.15%, Korea KOSPI +1.58%. SK Hynix +4% hitting new ATHs. Samsung flat. Kioxia +1%.
Let’s get straight to it…
