The Semi's have led the broad market ever since 2012. That is not the be-all, end-all but it is notable. The market has other leaders now, like the speculative momentum…
The Semiconductor Equipment book-to-bill data are out and while June eased a bit it did nothing to cause any disturbance to Q2’s numbers. This means that through the April-June quarter the reported data of the 3 month averages remained strong. Bookings have however gone on a slight declining trend over the last 3 reports.
Today is the day that the Semiconductor Equipment book-to-bill data is due out and the SOX index is also at a decision point as to whether or not its market leadership will be maintained. So we are on the verge of finding out whether or not this has been a buying opportunity in the general Semi sector.
In yesterday's NFTRH 352 excerpt, we noted the 'gone viral' feel of the Jason Zweig WSJ bearish call last week. Thanks to the same reader who alerted me to the…
Here is the blown up view (again, no pun intended) of weekly HUI. I have added a downtrend channel (intersecting the 110 area, +/-) for a view of where a…
Folks, as if it was preordained gold got blown up in pre-US trading this morning as the media are absolutely blaring all kinds of stupid things for lowly gold bugs to endure and for gold bug haters to chest thump about. This is market sentiment and psychology on full display. We are robots, not sentimental humans.
Excerpted from this week's edition of Notes From the Rabbit Hole, NFTRH 352: For what seems like forever we have been mechanical in managing the precious metals because they have…
We have had the pulse of the precious metals every step of the way. We have mostly stayed on the right side of stock markets too. We have indicators and…
I found an interesting daily chart pattern in a former holding, Myriad Genetics (MYGN). I have not done a lick of DD fundamentally so there is one significant disclaimer for…
I heard from a former associate who reads this site (hi Pat!) that things are continuing to degrade in the Machine Tool area. As a reminder, here is the latest…
A site reader/subscriber sent me an email with the simple subject 'Two Horsemen', with reference to the 2 riders and their current states. This prompts me to look into it.…
You may have caught the title's little inside joke. Sometimes you (well, I anyway) can look at a graph representing data that is a culmination of history (i.e. reality) and…
I thought it would be significantly abbreviated to provide myself and subscribers some relaxation this fine summer weekend. I thought wrong. It was 27 pages (lots of graphics), all of…
Also from yesterday's pre-market update (incl. 1st chart below)... We noted 42 to 43 as the initial support per Tuesday’s NFTRH+ update on FXI. “FXI is getting to a point…