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…
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…
SEMI snuck its August Equipment book-to-bill report by me, releasing it earlier than usual on the 15th. No matter, we got bullish months ago (despite some expert bearish views I…
We have been using the Semis as a one of several economic signposts, and as an investment/trading destination since the Semi Equipment 'bookings' category in the Book-to-Bill ratio began to…
Following is the opening segment from the May 29 edition of Notes From the Rabbit Hole, NFTRH 397: If we are going to highlight improving fundamentals, which we did as…
Billings were down significantly and that matters not a whit. Bookings jumped and so did the ratio, which of this occasion is indicative of a good report. From SEMI's mouthpiece:…
The Semi equipment book-to-bill ratio jumped all the way to 1.08! Can you believe that? Well unfortunately, what matters is nominal bookings and billings. Bookings eased a bit from December's…
The market bounce (whether very mini to SPX 1915 or maxi to 2000) is in progress (see public post from this morning for more on this). Within this we need…
NFTRH+ short idea LRCX (chart below is from the original update) tested my patience royally. As it whipsawed above and below 80 I held it short (and also shorted its…
I see analysis out there discussing the Semiconductor sector as a whole as being under valued relative to other stock market sectors. This seems to be based on the fact…
In an NFTRH update we reviewed the newly negative Semiconductor Equipment sector book-to-bill data. After seeing that I checked with a former associate of mine to see what is happening…
This was not unexpected, per the SEMI spokesman's previous release in September. The ratio bumped up a teeny, but bookings declined, and bookings are the important one. Here is the…
Semi.org's latest book-to-bill (b2b) data is out, for August. The all-important 'Bookings' data hit a 6 month high (in its 3 mo. average) and if memory serves, this is higher…
The Semiconductor Equipment book-to-bill data are out and while June eased a bit it did nothing to cause any disturbance to Q2’s numbers. This means that through the April-June quarter the reported data of the 3 month averages remained strong. Bookings have however gone on a slight declining trend over the last 3 reports.