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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.490+1.4%3:59 PM EST

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yard_man
To: Tweets Boar Hog who wrote (2460)5/30/2022 10:22:50 AM
From: robert b furman1 Recommendation  Read Replies (1) of 4446
 
Hi Tweets,

Les H's number suggest real momentum in the semi sector:


Semiconductors (57 stocks)

_ percent stocks over MA Trend 10/40 MACD
_ market SOX 10 d 21 d 50 d 200d Score MACD Change
_----------------- ---- ---- ---- ---- ----- ----- ------
_May 27 3115 100 95 63 16 80 -2.83
_May 26 2994 91 82 25 9 55 -3.87
_May 25 2883 35 42 11 5 38 -4.49 UP
_May 24 2827 13 28 9 2 -41 -4.61 DOWN
_May 23 2898 68 51 16 4 -68 -4.40 UP
_May 20 2883 63 42 11 4 -65 -4.49
_May 19 2890 53 39 11 4 49 -4.46 DOWN
_May 18 2908 51 42 12 7 80 -4.42
_May 17 3066 91 72 33 7 93 -4.42
_May 16 2920 40 42 4 2 63 -5.25
_May 13 2970 60 53 12 4 -61 -5.45 UP
_May 12 2827 7 7 0 2 -94 -5.91
_May 11 2812 5 7 2 2 -94 -5.66In 10 trading days the 10 day pops from 5 to 100 and the 21 day goes from 7 to 95.
That has to be the rtesult of money flowws into the semi's.
Cohu peaked in February 0f 2020 - plenty of time to wring out the weak!
Bob
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