Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 309.36

+2.2%

Dec 3 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Ox who wrote (86560)	3/4/2021 11:21:31 AM
From: robert b furman	1 Recommendation Recommended By Return to Sender Read Replies (1) of 95521

Hi OX, I'm seeing the same thing. Equipment companies are retracing in the face of excellent forward looking earnings. I also see a strong undercurrent for higher yielding dividend aristocrats and energy stocks. I'm guessing that is a response from those who are feeling over invested in fixed income as yields begin to tick up. Fixed income has been in a 30 year bull market, calling it over has been a widow maker call many times. I suspect we'll see some fed induced head fakes before we call it all over. More like a commodity super cycle will be the determining event. Commodities are perhaps the poster child of head fakes, so I do not see a clear no brainer move with out multiple head fakes. The one clear event I do see in my world is a very severe shortage of chips . This shortage is having a severe impact on my Dodge Ram Jeep dealership's ability to secure enough inventory to reach a breakeven point. It has been that way for about 5-6 month's now. I remember 1999 - 2000 when things were going GO GO, and then end user demand collapsed. I think this shortage assures that type of end user demand drop off from not being a realistic fear. In between both chip makers and chip equipment makers seem to be a in a sweet spot that will last at the very least several quarters. EPS should be stellar. It makes me think the long needed reset is upon us, only to be followed by a robust earnings period and a very healthy and substantial implusive up wave yet to come. When it looks like a no brainer and will last forever, while the sector comes into optimistic approval, it'll be time to once again scale out. In between, watch retracement levels and one can lightly add at the 50% and 61.8 % retrace levels. Earning s should be killer as order backlogs swell. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next