Comments on: Semiconductor Sector Analysis & Trade Ideas 3-27-23 https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/ Stock Trading, Investing & Market Analysis Mon, 12 Jun 2023 18:45:10 +0000 hourly 1 https://wordpress.org/?v=7.0.3 By: rsotc https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26917 Tue, 28 Mar 2023 15:57:29 +0000 https://rightsideofthechart.com/?p=211091#comment-26917 In reply to trade0039.

According to that chart, it looks like the Fed’s balance sheet has risen to about exactly the same level it had risen to smack between the start of the bear market in the Nasdaq (Nov ’21) and the start of the bear market in the S&P 500 (Jan 4th 2022).

]]> By: HermonMunster https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26914 Tue, 28 Mar 2023 11:27:52 +0000 https://rightsideofthechart.com/?p=211091#comment-26914 In reply to Jspassar767.

not yet, -0.931667 currently. Something to keep an eye on. I’ll add to my position today around 6.90 if possible

]]> By: thebeagle55 https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26912 Tue, 28 Mar 2023 01:47:35 +0000 https://rightsideofthechart.com/?p=211091#comment-26912 In reply to jmccallum.

everyone is bearish .. so you know what that means…

]]> By: Canadaskiller https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26910 Tue, 28 Mar 2023 00:54:29 +0000 https://rightsideofthechart.com/?p=211091#comment-26910 In reply to HermonMunster.

waiting for weekly cross

]]> By: Jspassar767 https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26909 Mon, 27 Mar 2023 22:17:37 +0000 https://rightsideofthechart.com/?p=211091#comment-26909 In reply to HermonMunster.

did the momentum indicator (PPO) crossover to the green yet?

]]> By: OM https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26908 Mon, 27 Mar 2023 20:16:29 +0000 https://rightsideofthechart.com/?p=211091#comment-26908 In reply to rsotc.

make sense. thanks. I will set an alert for that trendline.

]]> By: rsotc https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26907 Mon, 27 Mar 2023 19:44:49 +0000 https://rightsideofthechart.com/?p=211091#comment-26907 In reply to OM.

USO just recently hit my final downside target of 58.58 from last year, pretty much to the button (see first chart from early Sept below) so my guess (and as I had stated in recent videos), is that’s the end of the correction. Of course it won’t go straight up & the first pretty good resistance is the intersecting uptrend & downtrend lines (triangle apex) on the updated daily chart below but if/when USO takes that level out with conviction, it will likely continue higher.

]]> By: trade0039 https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26906 Mon, 27 Mar 2023 19:41:09 +0000 https://rightsideofthechart.com/?p=211091#comment-26906 One thing that bothers me little bit is the Fed’s balance sheet. It has gone up significantly in just 2 weeks!

Hopefully this will not ruin our technical reads…

]]> By: jmccallum https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26905 Mon, 27 Mar 2023 18:39:26 +0000 https://rightsideofthechart.com/?p=211091#comment-26905 i wonder if i’m going senile. I decided to continue to hold my INTC and i bought CMA. I’m having a difficult time finding things to be bearish on. Every advisor i know is bearish.

]]> By: OM https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26904 Mon, 27 Mar 2023 16:40:43 +0000 https://rightsideofthechart.com/?p=211091#comment-26904 Hi Randy, I am long oil to hedge the market but today it’s working in my favor. what’s your thoughts on WTI. I am earning theta value so no issue if it stops going up and stay above 70.

]]> By: HermonMunster https://rightsideofthechart.com/semiconductor-sector-analysis-trade-ideas-3-27-23/#comment-26903 Mon, 27 Mar 2023 16:32:52 +0000 https://rightsideofthechart.com/?p=211091#comment-26903 there’s a divergent low on the widow maker, UNG. picked up a few shares.

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