INTC Catastrophe - Stock down BIG

While others impress, Intel facing serious problems ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ INTC fell off a cliff in after-hours trading after it posted disastrous earnings results. Profits, sales, outlook - you name it, it was down, down, down. Intel didn't provide guidance for the full year, but that's not a good thing. Instead, company leadership alluded vaguely to a difficult situation facing the entire economy. Frankly, that's just not good enough. We just saw Tesla, Morgan Stanley, and Microsoft post strong results. Sure, the economy has problems, but other companies are still showing flexibility and skill, while INTC looks dead in the water. The stock was down almost 10% in after-hours trading. The stock missed targets for sales and earnings. In fact, while sales were down less than 30%, earnings were down over 90%. You have to give CEO Pat Gelsinger some credit for audacity for trying to put a good face on it. "Despite the economic and market headwinds, we continued to make good progress on our strategic transformation in Q4," he said. That had better be a heck of a "strategic transformation." Interestingly, INTC spinoff Mobileye actually posted stronger-than-expected results yesterday. Perhaps when it comes to this company and its future, the spinoffs might have more to offer than what's left. Keep Moving, PS. While the market sank 6%, you could have closed December out with a PROFIT of $18,500…with only $1,000 deployed on each of my trades - including our very few losses. While many others have joined the TradeCommand Network for $2,997 a year, you can try Chris Hood’s’ strategies for ONLY $97. [Click here now for the full details.]( ) COACH'S CORNER As I expected, a little dip at yesterday’s opening bell gave way to a sharp rise, and anybody who was long on SPX probably walked off with some very nice gains. As for the trigger, this may have been economic data — But I prefer to focus on the technical structure of the charts. My Indicators predicted the closing price on the nose, and I believe it’s safe to say this rally still has some room to run. As for next moves, I’m bullish on oil and energy (XLE, XOP) and I’m expecting to open a few more positions with members of my TradeCommand Network today.. But if you’re trading on your own… proceed with caution, as these big moves are often followed by sharp pullbacks — meaning timing will be crucial. ([You can see my precise entry and exit recommendations here]( ).) Cheers, Chris Hood WORD ON THE STREET BBBY Defaults, GDP Up More Than Expected, Hasbro Layoffs - A Sad Holiday Season - Hasbro Inc. (HAS) said its holiday season was disappointing and the cost will be steep - about 15% of its workforce is going to have to be laid off. Fourth-quarter revenue is down more than 15% year-over-year. There's also going to be a loss per share between $1.29 and $1.31. - Not A Meme Stock Anymore - It's serious now. Bed Bath & Beyond says it can't pay off creditors, and that kicked out the last supports from the meme stock. It defaulted on its credit line, currently held by JP Morgan. Though the company hasn't said bankruptcy is inevitable, it has admitted that it might be possible if it can't meet its obligations. No easy money anymore - BBBY Stock was down an astonishing 22.22% during the trading day and kept declining in after-hours - Economy Looking Strong - Even as analysts are expecting/dreading a recession this year, the overall economy continues to produce returns that are more favorable than many would have expected. GDP was up 2.9% in the last quarter, but than what many thought was coming. Consumer spending was also up 2.1%. Inflation declined to 3.9% - still almost double the Fed's target of 2%. - KLA Corp Down Big - Semiconductors are at the center of the world economy, as are the companies that forge the necessary equipment needed to make them. But KLA Corp (KLAC) projected lower demand and sales in the immediate future. The stock was down more than 5.6% in after-hours trading. Despite posting strong results, CEO Rick Wallace warned of "marketplace volatility and supply chain challenges." HOT SPOTS: What's Going on in Geopolitics - France And Italy Supply Ukraine With Air Defense - The SAMP/T air defense system is on its way to Ukraine as the two Western European powers are working on technical details. "We are finalizing it with the Italians," said a French source. "It's not very far off." - Chinese Company Helping Wagner Group Hit With Sanctions – The Treasury Department has sanctioned 16 groups that are allegedly helping the Russian paramilitary company Wagner Corporation. Among them is Changsha Tianyi Space Science and Technology Research Institute, also known as Spacety China. The company's Luxembourg-based subsidiary is also among the targets. - Iranian Ships Receive Permission To Dock In Brazil - Two Iranian ships have already received permission from Brazil to dock, as the Islamic Republic attempts to build a military presence near the Panama Canal. "We continue to monitor Iran's attempts to have a military presence in the Western Hemisphere," said the State Department. Chief Investment Strategist, Adam O’Dell, says we’re witnessing a new oil boom that is STILL just in its infancy. Because Adam says there’s a convergence of multiple geopolitical and economic factors coming together in 2023…that will create a brand-new SUPER BULL in oil… That could send prices higher than any previous peak in history. [Click here to get all the details on]( ) [Adam’s top oil stock of 2023]( ) CUTTING EDGE: What[']( )s Happening In Tech - SAP Latest Company To Announce Layoffs - Another company is announcing thousands of job cuts. Tech giant SAP said it will cut 3,000 jobs, or about 2.5% of its workforce. The company's profits were down almost 70% last year. - Buzzfeed Using AI To Write Articles – The headline almost seems like a Buzzfeed clickbait article. CEO Jonah Peretti said that experimenting with AI felt like "playing" and the company recently announced it would be using OpenAI to create content that could become part of the company's "core business." - INTC Down Big In After-Hours - Intel (INTC) posted catastrophic earnings results, earning just half of what analysts expected in earnings-per-share. It also disappointed on revenue. The company recorded a net loss of $664 million - compared to a $4.62 billion profit a year ago. Revenue is down for the fourth quarter in a row FOR YOUR CONSIDERATION --------------------------------------------------------------- "Great strategies are useless if you don’t trust them. If you aren’t going to follow a system that has a backtested track-record, then why are you trading?" Don't assume stocks are going to pullback just because they are over-extended. Trust in your system. After all, the purpose of all this is making money. Chris Hood explains some of the key insights developed from discussion with our trading community. [ONLY LOSERS AVERAGE DOWN]( ) Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing]( ). The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( ) for more information. Sent to: {EMAIL} [Unsubscribe]( ) Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States