Semiconductors

T2108 Update (November 9, 2012) – Oversold Enough?

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more

Chart Review: Breakouts, Breakdowns, And In Between: GOOG, FSLR, BIDU, INTC, JOY, CAT

The stocks market’s slow action hides all sorts of dramatic action in individual stocks. For this chart review, I take a look at a range of performers. Google (GOOG) has broken out to fresh five-year highs. First Solar (FSLR) has more than doubled since its June lows. Baidu (BIDU) has sold off for over a … Read more

Chart Review: Intel and Cisco Pullback From Critical Resistance

The NASDAQ has churned mightily in an uptrend that is slowly but surely grinding upward from the June lows. Support at the 200DMA held in June and now the technology-laden index is working on holding support at the 50DMA. Embedded in this churning action are lots of chills and thrills. Two big cap tech stocks … Read more

Cabot Microelectronics Squeezes Shorts to Pay Shareholders

This is an excerpt from an article I originally published on Seeking Alpha on December 14, 2011. Click here to read the entire piece.) In a day when debt has become a four-letter word and leverage has become a noose, it may seem odd that Cabot Microelectronics Corporation (CCMP), a supplier of chemical mechanical planarization … Read more

Trading Implications of Intel’s Recent Outperformance

This is an excerpt from an article I originally published on Seeking Alpha on November 27, 2011. Click here to read the entire piece.) So much for putting recession fears in the rearview mirror. On October 28, I pointed to 3-year highs for Intel (INTC) as another bullish indicator among many (see “A Very Bullish … Read more