Semiconductors (SMH) Rally Update (Your Market Update Video)

We have been highlighting the strong momentum of the rally in semiconductor stocks (SMH or SOXX), which continues to go more parabolic. Just because something goes parabolic however does not make it a ‘short.’ Watch this video for an important chart update.

Semiconductor Stocks: Overbought Does Not Mean ‘Short’ (Your Market Update Video)

Semiconductor stocks measured by the SMH etf had a historic run over the past few weeks and are now near record near term overbought. However, just because something is extremely overbought does not necessarily mean it becomes a ‘short.’ It just means that the near term momentum is getting exhausted and price can ‘correct’ in […]

Don’t Chase AMD (Your Market update Video)

Shares of Advanced Micro Devices (AMD) have rallied 55% over the past few weeks…a formidable feat for a company with a market cap of nearly half a trillion USD. With earnings not too far away, the stock is reaching levels where we would not want to chase it higher for now. Watch Serge’s short video.

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