So many stock prices were so beaten down, in the short-term there was nowhere left to go but up. That's what bounce buying is I guess. SIMO was added around…
Ref. 2 Triangles Ascending to Blue Sky, Profits Taken I had a feeling I was hasty on MDT, selling well under the conservative target of 96, but I wanted to…
I've held MDT for months now and given the market view, it is time to raise cash and take the profit. It's a massive medical device company and that sector,…
Man, they don't make it easy. Per yesterday's real-time NFTRH Trade Log: Buy SIMO on pullback toward SMA 50. Reason being said pullback within a daily uptrend, potential for Ascending…
If we back out what we think we may know about the markets and the Semi sector and just look at one stock in a vacuum we see that SIMO…
[edit] aware of my self-congratulatory tone I've taken the profit on 40% of the SIMO position, actually bringing it in line with the BBRY position, on which I previously took…
At least that has been my experience over the last few weeks. SIMO tested the SMA 50, which was noted as a buying opp. in NFTRH+ (with a 'stop' below…
The other day we noted one Medical Device company (EW) giveth while the other (BABY) taketh away. Today we have the Semiconductor sector's version of that as SIMO giveth and…
This update is for anyone who has an interest in Silicon Motion, a Taiwan-based semi company that has often appeared in my holdings. It sits there now. At the last…
Micron Technology had a pleasant surprise for the market and some items in the Semi sector are boosting up on it. Ref. this pump piece by Jim Cramer, including usual…
We have been watching the Semiconductor index re-take some of its past leadership in the broad US market. Hence, some favored Semi stocks are back on radar, for the short-term…
Since the October decline, into which I had some profitable short trades and out of which I had some profitable bull ones, the stock market has gone mostly sideways in…
Actually, I am fairly bearish and getting more so for reasons that will be reviewed again, in NFTRH this weekend. I am still not a bear however, as this week…
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…