Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (18677)	1/31/2017 10:21:06 AM
From: robert b furman	1 Recommendation Recommended By John Pitera Read Replies (1) \| Respond to of 33421

Hi John and OX, If you look at what the semi equipment big caps have done: amat ,klac, lrcx, ter, they have all recently had a big run up to new all time highs. stockcharts.com Now look at the secondary and tertiary semi equipments: brks, cohu, rtec,form,klic: stockcharts.com Generally the small caps have a run yet to go in order to catch up to the big cap brothers. By the time this market completes its topping process ( assuming it is not different this time) the smaller caps will have out performed the big caps on a percentage basis. Makes me think the Russell will shake out harder but in the end out perform. JMHO Bob

To: The Ox who wrote (18677)	1/31/2017 2:24:07 PM
From: John Pitera	Respond to of 33421

The Global markets are getting the idea that the Trump does not want a higher dollar... both Gold and Silver and copper are on the move on look to be heading higher. SPX march contract 2 standard deviation bottom line comes in at 2215 or so. The commodity currencies the CAD, the AUD, the NZD are all making bold runs for new highs of the year. What will the FED do this week.... no increase but their language will be interesting. *The Trump team gave us 2 perfect tells last week, first when they boasted about DJIA 20,000.... then they really brought on the Wrath of the Market GODS by* saying the the *VIX TRADING UNDER 10 was PROOF of how good their policies are.* That was a supreme tell. I realized it Sunday night and mentioned it here. I commented to one of my trading buddies here comes the 5 to 10% correction in stocks that comes quickly. JP Message 30959224 my observation from Sunday at 9PM that a 5 to 10% correction was coming.