Intel May Have Room Higher In The Near-Term

  Intel (NASDAQ: INTC), the world’s largest semiconductor chip maker has a confluence of positive signals currently that may offer a good long-side opportunity for traders.  Besides the solid technical picture, the company currently sports a 7.5 times...

Semiconductors Remain Looking Weak

Semiconductors as a group remain looking weak as displayed by the SOX index below and should slide lower.  Two things however; 1) the SOX index is no longer as representative of the semiconductor industry as it used to be due to foreign listed competitors adn 2)...
INTEL (INTC) Better Entry Level

INTEL (INTC) Better Entry Level

After the huge move up since its earnigns announcement on April 19th, INTC is now coming into more attractive long-side entry levels as it's pulling back to near the mid $22s. From the weekly chart below you can see the multiyear narrowing trading range (light...
Intel (INTC) Up Six Days In A Row

Intel (INTC) Up Six Days In A Row

Since it's earnings announcement on April 19 Intel is up 15%, and six days in a row in the gree.  If it closes green today that would make it seven consecutive days of gains.  Excessive?  Probably, at lest in the short term, which is why I expect a...
Intel (INTC) Important Price Resistance Area

Intel (INTC) Important Price Resistance Area

  For the entire month of March and into early April it looked like semiconductors were trying to tell us something about their usually leading indicator ability, at least as it relates to ends of cyclical bull markets.  All of that changed however, and not...