Semi Leadership Intact
Well folks, they never make it easy do they? As of now the SOX is firm as apparently the Intel hype could not break the chart (though it did put…
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July 23, 2015
3 Amigos on Turnaround Tuesday
"Turnaround Tuesday"... isn't that what they call it? Well, it turned around for several things not called precious metals or China. I did a little buying today of strategic semiconductor…
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July 7, 2015
US Stock Market; In-Day Snapshot of Key Indexes
Dow is up solidly today, but this is only bouncing it to the broken 50 day moving averages. SPX is up a smaller amount, which makes sense since it was…
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June 26, 2015
Market Notes
A subscriber asked if I was still in the SPY short or had I stopped out? Answer: Still on the short. It had been noted that the stop loss would be above 208.61 (last week’s high). SPY hit 208.76 today and I have not even thought of letting that make me cover.
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April 7, 2015
US Stock Market
Reference a public post about momentum leader, the Biotechs, looking to go lower.
Fellow momentum leader SOX is potentially double topping…
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March 25, 2015
Semiconductors Updated
Say, how bearish does the SOX look to you? I didn't think so. That 'Handle' is indicated to have been a consolidation of the big 'V' pattern after all that…
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February 11, 2015
Market Update
For the 2nd week in a row I'd like to forgo the regular ETF update in favor of a more conversational 'market status' update. We noted in NFTRH 329 that…
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February 11, 2015
Parameter Just Ahead & Some Notes
The predictable bounce has come up to just below the predictable resistance parameter. Just for fun, here is a 30 minute chart of SPX. Click to expand. 2065 is the…
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February 5, 2015
SOX Index, 2 Ways
Way 1 is the short-term view showing the wild recent history of a huge drop, instigated by one chip company's dour projection and then a whole media hype pig pile. …
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November 26, 2014
SOX Daily
The Semiconductor index is tapping the EMA 10 (gold line) again. This has supported two previous blips. Let's see how #3 goes.
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November 12, 2014
NFTRH+; SOX
The October market decline started with the Semi's (well, after the Small Caps, which had been diverging for months) and the bounce back has been furious. So now it is…
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October 30, 2014
NFTRH Update, US Stock Market
[edit] Pardon the ads on these posts, but I have finally made the decision that public site readers can put up with some ads at the site, given the amount of information they get. I am not able to disable ads for private posts but as always, all premium updates will be delivered right to your inbox, add free.
The reversal in US markets is coming after a period of under performance by large tech stocks and the momentum darlings like YELP, FB, TSLA, and of course, my personal whipping boys, the 3D Printers.
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April 4, 2014