It'll be a long time before you ever see such a crazy disparity in the stock market again. Semiconductors (SMH) are in a class by themselves.
That head and shoulders pattern on Semiconductors (SMH) is looking really nasty at the moment.
Key inflection point for Semiconductors ETF (SMH) testing its lower channel band.
As swing traders, we spend a lot of time focused on the S&P 500, the Nasdaq, and familiar U.S. economic data. But right now, one of the biggest clues about where the US stock market is headed comes from halfway around the world. Right now, one of the most important charts for any tech
Advanced Micro Devices (AMD) has seen its fair share of selling over the last few months, and traders are looking for clarity on where the stock may be headed next. With semiconductors still in focus and volatility elevated, I cover the AMD chart and determine whether there is a trade opportunity here or not.
Semiconductors (SMH) might be wanting to lead again while Healthcare Sector (XLV) starts to lose its momentum.
Still Tech holding this market up. Semis trading higher, everything else, minus small caps, trading lower.
Healthcare Sector (XLV) and Energy Sector (XLE) leading the way right now, while Semiconductors (SMH) and Technology Sector (XLK) are the new laggards.
Semis and tech losing the leadership mantle and handing it over to Energy and Healthcare.
Selling the semis and tech in general.