SI
SI
discoversearch

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 : Cohu, Inc. (COHU)
COHU 23.49-0.1%Oct 28 3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: robert b furman3/8/2025 10:24:44 AM
1 Recommendation

Recommended By
toccodolce

  Read Replies (2) of 7822
 
BiG volume for Friday's washout.

2,213,551 shares traded!

I traded my IRA shares into my taxable account to fulfill my RMD (first year for me).

Buckle up for next week. WWW on the 12th and full moon on the 14th with option expiration on the 21st.

Semis have been ina brutal downtrend, but recovered nicely on Friday. Clx studies have the SOX in a reversal pattern, but may have to do a double bottom. SOX Bottom spotter has been activated for the last 4 days. It seldom extends over 6 days.

Bottom spotter signals an opportunistic time to buy. They occur 2-3 times a year. The actions occur during dips and declines.

Bottom spotter has also just activated for both the Dow and SOX.

With the Treasuries having a strong up week (yield down), the stocks with high yielding dividends are picking up some buying (telecoms really reversed hard yesterday).

High yielding dividends find safer harbor during general market declines.

Last week the market opened up marginally and reversed into the morning, with a recovery at the end of the day.

Signs of market maker buying discounted stocks during the dips.

Last month's option expiration assigned a large number of shares when Trump's election generated a lot of bullish sentiment. That kind of lnventory distribution has required very negative price action for the market makers to build back inventory of discounted shares. Volume like we saw on Friday is what they are trying to create. More double dipping back into that price range is to be expected unitl buying at the the ask gives them competition.

Market makers don't like to share their success in manipulating price down.

After this type of price action I always look for a second dip in price (marginally a new low) and all the while RSI is higher than last week's action.

That price action is the best clue that the smart money is loading the truck, and a price markup phase is shortly about to occur.

Cohu is one of the hardest stocks to own. It is famour for these brutal dips.

These kind of dips are the single best clue that a price spike up is in the future.

You have to believe, pinch your nose and add to 3-5% over 2-4 small traunches.

Hold on tight, we've got a tiger by the tail. When SOX leads, a large bull run will be upon us.

Sooner or later semi equipment will be installed in the US. ALL chip makers are reshoring to the US - EVEN TSMC has doubled down on building in Arizona a second fab.

A turn around is in the works.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext