Daily Archives: June 20, 2016

nftrh plus
NFTRH Interim Updates / NFTRH+

NFTRH+; LRCX

This is a stunning technical view of another Semi equipment company, Lam Research.  With all due caveats about a news-filled, roiled week in the markets, LRCX is making a move today that we can use for our macro theses of Semi Equipment bullishness, an early economic signal and just maybe, a cost-push inflation issue down the road.

The daily chart is breaking to a new high above the April high (which you will recall is our guideline for broad market indexes to trigger a bullish view).

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June 20, 2016
nftrh plus
NFTRH Interim Updates / NFTRH+

NFTRH+; AMAT

A semi ‘+’ update (pun completely unintended) on Applied Materials being sent to all subscribers (as opposed to email opt-ins) due to our macro theme developing in the Semi Equipment sector.

With the disclaimer that this is a noisy week and I do not trust the broad market’s short-term price signals, I want to stick 100% with the technicals on the Semi Equipment sector to go with the current bullish (fundamental) forward view.  As such, here is AMAT, a headline equipment company which, you may recall, issued a stellar quarterly release several weeks ago that we combined with early Book-to-Bill signals to begin developing our view.

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June 20, 2016