America needs to get its ass in gear on Semi

As the Biden administration obsesses on faulty and fantastical green initiatives (and all that carbon needed to implement them), the US is falling behind in the critical Semiconductor space This article is an interesting read. In an increasingly dangerous geopolitical world of shooting wars, cyber wars and monetary policy wars (say, who’s been among those big global Treasury bond sellers?) there is one war that … Continue reading America needs to get its ass in gear on Semi

Taiwan Semiconductor breaks out

TSM moves higher, Semi sector toppy but intact In an NFTRH update on Monday I had expressed a view that the SOX index might have more downside as long as the US market correction persisted, but also that the US market correction was normal and within continuing uptrends and so, no shorting for this non-daytrader. Not unless it’s for strategic hedging or I get proper … Continue reading Taiwan Semiconductor breaks out

Low Max

Himax stock (HIMX) getting decimated (really?) How can I hold a stock that is down 18% today and not run in fear? Let me count the ways. Partial profit was taken when personal greed got too high. Remaining shares are still somehow +28%. Said shares exist in a right-sized position in a portfolio. Hence the portfolio is doing fine. Now, it is a little disturbing … Continue reading Low Max

An in depth look at the Semiconductor industry

Semiconductor Digest, December 2021 I am under the weather and not really in a writing frame of mind. But I am slowly getting back into a reading frame of mind, and this morning I am reading this. You might want to as well if you, like me, have a strong interest in the Semiconductor industry. This industry, with its valid and expanding growth prospects, is … Continue reading An in depth look at the Semiconductor industry

Second bright spot in a week: CMC Materials

As my portfolios get pressured by the market’s fear of a Fed trying to stuff the inflation it created back in the bottle, I’ve had a second positive surprise in the last week. First was the Kinross buyout of Great Bear Resources (noted at end of the article) and today we have CMC Materials stock (CCMP) getting taken out by Electronic Materials play Entegris (ENTG). … Continue reading Second bright spot in a week: CMC Materials

Example to the previous post; QCOM results…

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 … Continue reading Example to the previous post; QCOM results…

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 … Continue reading Semiconductor sector leadership updated

Semi sector flashes a moderate warning

The Semiconductor sector has an internal warning… As if the economic cycle and thus the stock market did not have enough internal problems (e.g. the CESI divergence to the S&P 500) a cyclical leader, the Semiconductor sector, is suspect as the front end of the market leadership chain (SOX>NDX>SPX), and in its own sector internals. As a reminder, the play coming out of the acute … Continue reading Semi sector flashes a moderate warning

Semi sector’s nuts & bolts are starting to fly off

Semiconductor Equipment, Test & Materials are flipping bearish The Semiconductor sector is a cyclical leading edge. Its Equipment sub-sector is the tip of that spear. It and some other picks, shovels, nuts and bolts of the sector are starting to fail. While not completely broken, the Equipment stocks need to hold here or they’ll join bearish Test & Materials. Semi Equipment stocks are rolling over… … Continue reading Semi sector’s nuts & bolts are starting to fly off

Semi Equipment leadership is rolling over

The tip of the spear that is the cycle leading Semiconductor sector is fading fast If broad Semi is a market leader, Semi Equipment is a leader within the Semi sector. I had been bullish on LRCX, AMAT and others due to the ongoing post-lockdown Semiconductor shortage because these companies (along with ASML, KLAC, ACLS, BRKS and others) are the solution to the chip supply … Continue reading Semi Equipment leadership is rolling over


Semiconductor sector following through after our bullish preview Here is the updated chart of SMH (originally presented per the excerpt below), which I almost don’t believe (if it were a gold stock ETF flashing such an obviously bullish pattern dollars to donuts it would have failed spectacularly): NFTRH 666(6) wrote up the Semiconductor sector in part due to the current supply/demand fundamentals, in part due … Continue reading Semiconductors

On Semiconductor Fab Equipment

The Semiconductor Equipment sector is part of the solution to the Semiconductor supply shortage problem Per NFTRH 656 and several editions previous to it, we have been viewing the Semi Equipment stocks in a fundamentally positive light, regardless of the technicals. Today, the technicals are starting to prove out as well. From #656, including the ‘leadership’ chart below. “Staying with a weekly market view let’s … Continue reading On Semiconductor Fab Equipment