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…
US stock market leadership is intact We noted in NFTRH that Semiconductor leadership was well intact, but overbought. That is being remedied now as SOX/NDX and SOX/SPX pull back. Within…
This article calls junk bonds a canary in a coal mine. Analysts often view ructions in the high-yield, or “junk-bond,” market as a canary in the coal mine, or an…
When we were originally alerted to the coming slowdown in Semi Equipment, my industry contact had been working to a Q4 2018 to Q1 2019 game plan for cyclical recovery.…
On November 21, 2017 we noted... Semi Equipment Spending Record, 2018 Growth, But… With the key being the "but... " Per that post... What got me checking into the SEMI…
We began tracking this negative divergence in NFTRH last year as the leadership of two premier Semi Equipment companies began to decelerate vs. the broad sector. Over time the ugly…
I am having trouble logging into Fidelity and thus managing my own affairs, so time is limited and this post contains no fundamental facts to back up the title other…
What got me checking into the SEMI data is a goofy MarketWatch article featuring a fund manager who owns the FAANG type stocks at 30 multiples, but has found relative…
Way back on June 20, 2016, as we were getting bullish the Semiconductor sector, we did an NFTRH+ highlight on LRCX. That was the 1st day it crept above very…
A few weekly charts (the index, the primary chip maker, an equipment company and a materials company) to gauge the progress of this sector that was so hard to get…
While some might want us to focus solely on the big layoff at Cisco, why don't we stay with what is actually happening. What is actually happening is that there…
Thing 1 is Lam Research, a Semiconductor Equipment company. I have held it for weeks but given the market's short-term risk profile, am taking well earned profit as I did…
On Monday we had NFTRH+ updates on a couple of prime Semi Equipment names, Applied Materials (AMAT) and Lam Research (LRCX). This was a logical extension of the weekend report's…
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).