Read more about the article Semiconductor sector leadership updated

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…

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indicators

A Look Inside the US Stock Market

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…

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Read more about the article Canaries at Odds

Canaries at Odds

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…

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Read more about the article Semi Sector: A Warning or a Buy?

Semi Sector: A Warning or a Buy?

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…

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Mutant Canaries Chirping in Semi Sector?

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…

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stocks

Checking in on the Semiconductor Complex

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…

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Semi Equipment Company, AMAT: Record Earnings

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…

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Taking More Semi Profit (LRCX)

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…

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nftrh plus

NFTRH+; On the Lam (public)

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…

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nftrh plus

NFTRH+; LRCX

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).

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