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Bottom Fishing For Value: Week Ended April 22

The continued decoupling between energy sector weakness and the market helped push stocks higher. Bottom fishing for value strategy now has a +681% ROI. Past calls, like long Intel (INTC), are still playing out. Intel’s quarterly report included a massive 12,000 job cut.

Pundits blame the weakening PC market, but Intel actually grew sales for chips. Its latest iteration of chips, the Skylake chipset, is expensive but profitable. Apple’s (AAPL) latest 12-inch Macbook will use Intel’s Skylake chipset...


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