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) 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...
Intel (INTC) To Rally Much Higher?

Intel (INTC) To Rally Much Higher?

After yesterday's large rally in INTC, the semiconductor complex almost completely destroyed a very bearish chart pattern in many semiconductor stocks, as well as in the SMH ETF.   The point here is not so much to look into the details of the daily chart but...