Chart Dump of 11 Long Opportunities

Chart Dump of 11 Long Opportunities

Presented below are 11 different long opportunities, all of which are part of the semiconductor sector. For background on our bullish view on this sector, please see this recent piece. If one has the available will and capital, I’d look…...

Member only content: Login to view or Register
Semis On Deck

Semis On Deck

Our views on semis have evolved as follows over the past year+: 10/15/12: “…we believe semiconductors have more relative downside left vs. the broader market…” 7/16/13: “…we are ready to make a high conviction industry call on semi-conductors and suggest over-weighting the…...

Member only content: Login to view or Register
Another Former Tech-Sector Darling, This Group Has Languished for a Decade

Another Former Tech-Sector Darling, This Group Has Languished for a Decade

Over the past year we outlined our view that old-line tech (can you believe we’re calling tech “old-line” these days?) would begin to out-perform the broader market. Specifically, we highlighted YHOO as our favored play for this theme.  We updated…...

Member only content: Login to view or Register

Semis Likely Have More Relative & Absolute Downside Remaining

The chart below plots the ratio of the SOX vs. SPX. Note the ratio doesn’t reach intermediate-term support region (A) until ~3% lower. More material support doesn’t come into play until line (1), some ~15% lower. Additionally, the 52 week…...

Member only content: Login to view or Register