Semiconductor Sector Analysis (video)

Technical analysis of the semiconductor sector via SOXX & the leading semiconductors stocks as well as the leading chip equipment & materials stocks providing both the near-term as well as the longer-term outlook for the sector as well as the leading semiconductor stocks. The following ETF & stocks are covered in this order: SOXX, ASML, AMAT, LRCX, KLAC, OLED, IPGP, TER, TSM, INTC, NVDA, TXN, QCOM & AVGO.

Jan 26, 2018 12:30pm|Categories: Unofficial Short Ideas|Tags: , , , , , , , , , , , , , |0 Comments

And Now We Wait: FAAMGs Earnings On Deck

Today will most likely see the markets trade in somewhat of a holding pattern as investors & traders alike await a slew of earnings reports from several market moving stocks. Three of the five FAAMG stocks; AMZN (Amzon), MSFT (Microsoft) & GOOG/GOOGL (Alphabet) will report earnings & provide forward guidance after the close of trading today along with two other top 10, over-weighted components of the Nasdaq 100; INTC (Intel) & AMGN (AMGN), the 12th largest component & a major player in the biotech sector, AMGN (Amgen). There's not much to add that wasn't covered yesterday: Both SPY & QQQ fell [...]

Oct 26, 2017 9:14am|Categories: Equity Market Analysis|Tags: , , , , , , , , |0 Comments

INTC Technical Posture Indicates a Post-Earnings Correction

Over the years I've found that when a stock has a clearly bullish or bearish technical posture heading into earnings, the next trend in the stock is often (although not always) indicated by the charts whereas holding a stock without clearly bullish or bearish technicals is a crap shoot. In the case of INTC (Intel Corp.), which is scheduled to report earnings after the market close tomorrow (along with 4 other of the largest components of the Nasdaq 100; AMZN, MSFT, GOOG & GILD), the charts indicate that the odds favor a correction down to any or all of the support [...]

Oct 25, 2017 3:04pm|Categories: Equity Market Analysis|Tags: |0 Comments