MKM Partners' O'Hara Sees Investment Opportunities in Tech Stocks

The video discusses the recent weakness in chip stocks, focusing on the Philadelphia Semiconductor Index and specific companies like Micron. It highlights the correlation between NAND pricing and market trends, with insights from JC O'Hara of MKM Partners. O'Hara provides an analysis of the NASDAQ 100 futures, emphasizing the opportunity to buy within a longer-term uptrend. The video concludes with potential market concerns and the performance of key stocks like Apple, Microsoft, and Amazon.

What has been the recent trend in the Philadelphia Semiconductor Index?

• It has remained stable.

• It has been declining for most of the past week.

• It has been fluctuating without a clear trend.

• It has been steadily increasing.

What is JC O'Hara's perspective on the semiconductor sector?

• He sees it as oversold and a potential buying opportunity.

• He thinks it is fairly valued.

• He believes it is overbought and risky.

• He suggests avoiding it due to high volatility.

According to JC O'Hara, what is the significance of the 200-day moving average for the semiconductor sector?

• It is a resistance level that is hard to break.

• It is irrelevant to the current market conditions.

• It acts as a critical support level.

• It indicates a bearish trend.

What is the current trend in the NASDAQ 100 Emini futures according to the analysis?

• A series of lower highs and lower lows.

• A series of higher highs and higher lows.

• A flat trend with no clear direction.

• A volatile trend with frequent reversals.

What is the recommended strategy for trading the NASDAQ 100 Emini futures?

• Hold positions and wait for more data.

• Avoid trading due to high risk.

• Sell at the current level to avoid losses.

• Buy during the pullback within the uptrend.