by Serge Berger | Jul 6, 2011 | Uncategorized
Check out the 61.8% Fibonacci retracement level that held earlier this week on the SOX. Just something to keep an eye on.
by Serge Berger | Jun 6, 2011 | Uncategorized
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)...
by Serge Berger | Apr 26, 2011 | Uncategorized
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...
by Serge Berger | Apr 21, 2011 | Uncategorized
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...
by Serge Berger | Apr 20, 2011 | Uncategorized
After announcing earnings last night, Intel is up almost 7% as of this writing today. As such it has sparked a rally in the semiconductors that led the SMH ETF to break above its 50 day movnia average and above the key 61.8% Fibonacci retracement level....
