The Semiconductor sector for one, is ripping
In the previous post I tried to show how insulting it is when Zero Hedge presents the old warmed over ‘stonks gonna crash’ promo over and over and over.
Well, given how well Semiconductor sector results have gone this earnings season I took a shot on QCOM, which had been charted in NFTRH as a potential prospect, yesterday pre-earnings.
Well?
This is not some manipulation…
…this is a company doing better than the investment houses had expected. Look at them fall all over themselves to upgrade after the fact.
The market is the market. There are many sectors and tiers. There should be no one-size-fits-all ideology. Nothing is ever that simple.
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