News Intel Stock Is One Day Shy of Longest Rally in 18 Years

[Admin]

With ten days of gains, Intel's stock is having it's longest rally in 18 years.

Intel Stock Is One Day Shy of Longest Rally in 18 Years : Read more

 

[thisisaname]

Talk of 10 days of gain on day 9 not great but to make matter worse this is still 3days short of the 13days record not 1.

 

[nitrium]

Intel stock down 17c. Too bad.

 

[Co BIY]

I'm really surprised at these low numbers.

One of the worlds best companies in the hottest sector and the record is 13 days of gains over 18 years ?

I figured even the "meh" companies would have better streaks in up markets. I guess I'm not ready to day trade yet.

 

[bit_user]

I'm really surprised at these low numbers.

One of the worlds best companies in the hottest sector and the record is 13 days of gains over 18 years ?

I figured even the "meh" companies would have better streaks in up markets. I guess I'm not ready to day trade yet.

I'm no expert, but I wonder if some of that might be an effect of being in indexes like S&P 500. Getting included in them can be a mixed blessing. It's great for a one-time bump when a company is added, but afterwards it probably increases the volatility of their stock price, as they're traded more as a block and less on their individual merits.

You also see people doing a lot of sector-wide trading, where Intel gets included both in "chip stocks" and "tech stocks", writ large.