One Fire-Breathing Dragon Exchanged for Another: Taking Stock

The Game of Thrones era has come to an end, but that doesn’t mean the threat of retribution doesn’t loom large from a different type of dragon.

Huawei-related issues have wrested control of the trade war debate, after the networking giant’s placement on a blacklist by the U.S. Government escalated what was already a tense situation for worldwide indexes -- and tech/chip equipment-makers specifically. With S&P futures getting steadily worse following a broadly negative session in Europe, it’s names like NVDA, AMD, INTC, AMAT, AAPL, LSCC, XLNX, MU, QCOM and ADI leading to the downside.