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.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 670.92+0.1%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (65154)8/20/2025 12:54:22 PM
From: Johnny Canuck  Read Replies (1) of 67756
 
ADI earnings suggesting industrial and automotive strengthening. MCHP also seeing a bit of relative strength on a day when profit taking seems to be the normal as a result as those are their key markets also.

It does suggest there is not wholesale demand destruction across the manufacturing and tech space. Given the narrowness of the rally it just means AI needs some profit taking, maybe even extreme profit taking to get get dip buyers interested again.

>>>>>>>>>>>>>>>>

Message 35231141
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext