Semiconductor sector leadership updated

The Semiconductor sector appears to be re-taking leadership

The broad Semiconductor sector is hinting to take back its leadership over big Tech and possibly the broad SPX as well on the daily chart view.


While a look inside the sector’s internals shows that two premier Semi Equipment companies, Applied Materials and Lam Research are constructive and not yet actionable with respect to leadership by companies that are supplying chip makers with the capacity to address the global chip shortage. Logically, we’d want to see Semi Equipment still in leadership mode in order to avoid ‘late stage’ signaling.

amat lrcx sox

Now offering a 2 week free trial to the NFTRH Premium service with no obligation whatsoever. Sign up by PayPal, enjoy 2 free weeks of on-point market management and if it is not for you, cancel at any time with no further obligation. When you find that it is for you, stay on for as long as you like and let’s manage and take advantage in a cold and rational way as we head toward 2022 and its new macro challenges. 1st time subscribers only please.

For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need to scroll down). Keep up to date with actionable public content at by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.