[edit] I guess I neglected to password protect this post. I have not taken this trade on a rather obvious topping pattern, but here it is publicly displayed and we'll…
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.
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…
Let’s preface by noting that like Europe, a trade or investment in China should be backed by one’s own research and opinion as NFTRH+ updates do not tend to include my opinions about the stock or asset class in question. They are simply technical setups on areas that appear to be of interest at a given time.
NFTRH+ posts are not calls to action; they are ideas for careful consideration to go along with your own research and views. In this case that goes double, as the Greece/Euro drama plays out well for our projected trade in HEDJ. But there is no need to jump on it right away; not with herds falling all over themselves to get back out after taking the bullish promotions in the spring.
EMC is long-standing leader in data storage for governments and business, and as such has been in the news lately as a victim of constant hack attacks. Okay, fine. NFTRH+…
Gilead (GILD) has hit the target laid out in this NFTRH+ post from April. As I often do, I sold below the target but for the record, it's a very…
For those who are bullish for a trade in energy in general and in Canadian dividend plays in particular, here is the constructive looking daily chart of ERF. First a…
I have purposely not looked at anything having to do with First Majestic’s fundamentals. This is strictly a daily chart setup for precious metals players who either like or want to trade this stock. The post is made with the assumption that our proposed ‘silver leads gold in a resumed inflation bounce’ is still in play.
The Emerging Markets (EM) have been weak over the last month as the USD made a recovery rally. Today USD index is making a drop below the 50 day moving averages and the upside target of 97 we had noted (currently at 96.20).
This brings into focus the prospect of a ‘C’ leg of an A-B-C rally in commodities that was reviewed in NFTRH 345 and also the prospect of the EM fund EEM maintaining its series of higher highs and higher lows.
NFTRH has been talking about a 'trade the swings' mentality on the US stock market since probably last September or so. The swings have been routine, if very pronounced. So…
I already own LSG, so please consider that I am talking my book. It has been noted that NFTRH+ updates need technical parameters and gold miner Lakeshore Gold has that,…
Well, here comes old friend Silicon Motion back down to earth. Apparently news of an acquisition has induced profit taking in this quality Fabless Semiconductor company based in Taiwan. Due…
EWM was part of an NFTRH+ update that was sent to the entire subscriber base (NFTRH+ is included in the regular service, but email is 'opt-in' so we don't bother…