Similar to Semis, Tech In General Now Staging a Significant Long-Term Relative Strength Break-Out

Similar to Semis, Tech In General Now Staging a Significant Long-Term Relative Strength Break-Out

In the chart below I plot the ratio of the DJ Tech Index vs. SPX. For 15 years it’s been stuck in a flag/consolidation pattern b/t lines (1) and (2). No more. As of this week it is breaking out…...

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MSFT Attractive vs. AAPL

MSFT Attractive vs. AAPL

I’ve beat the tune of the bullish MSFT drums on this site dating back to 2013. Most recently I suggested a spread trade b/t it on the long side and an INTC short on 1/9/16 in this post using this…...

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