The stock of Intel is testing a major confluence of support on its chart – but with a potentially ominous alternate scenario. One sector that…
Tagged $SMH
Semis Breaking Through Resistance?
Semiconductor stocks may be breaking above the layers of resistance we highlighted in October. OK, we’re not talking about that kind of semi. Although, if…
Leading Chip Sector Hitting Resistance
Semiconductors have been among the strongest sectors during the October stock market rally; however, the sector is now running into potentially stiff resistance. Our blog…
Traders Back Up The Truck To Buy Dip In Tech
One of the sources of fund flows we like to track on a daily basis comes from the tradable mutual funds offered by Rydex (now…
Chip Off The Old High One of the leading sectors for much of 2014 has been the semiconductor group. And despite some weakness this month,…
Semiconductors: From Leaders To Laggards? Our July 1 Chart Of The Day focused on the fact that the strong run in the Nasdaq 100 was…
ChOTD-7/1/14 Semiconductors Dominating Current Nasdaq 100 Run
Today’s ChOTD(s) reveals how the Nasdaq 100’s nice run of late is due in overwhelming part to the phenomenal run by semiconductors. Since topping in…
Index Spotlight: PHLX Semiconductor Index ($SOX): Bumping Against The 38.2% Fibonacci Retracement Of The 2000-09 Decline
StOTD-6/11/14: Biotechs & Semis are YTD Leaders @ +15%; 3 Months Ago Semis Trailed Bio by 15%
Two of the YTD performance leaders are the Biotechs ($BTK) and Semiconductors ($SOX), both up roughly 15%. However, the paths to that 15% return could…