I am glad you are not holding that ETF as it has taken another dip today to the tune of -$0,61 so far and there are lots more to lose.
I remember doing those stocks for you when I first started and I took a quick look at their trigger charts
BRKS : It has been happily going sideways down a BB tunnel on a slight slant... looks fine for now but I would be concerned if the price dropped suddenly to $21.20...could be the beginnings of dive
CY: this is a direct semi-conductor stock right?... well it has taken a dip today... not showing as bad as SMH but there are signs that it will go really bearish soon... it has been the dicey one if I remember :)
COHU: despite the dip today this one still looks like a winner to me.
I took a quick look at the components that make up the SMH etf and found these
SMH — Stock Holdings
Stock ..........................................................Weight ..........Amount
Taiwan Semiconductor Manufacturing.......12.40%....$86,222,299
Intel.................................................................11.67%....$81,189,086
Qualcomm.......................................................5.92%....$41,201,141
Applied Materials...........................................4.99%....$34,739,480
Texas Instruments..........................................4.92%....$34,231,372
Nvidia.............................................................4.88%....$33,934,650
Broadcom Ltd...............................................4.82%....$33,556,874
Asml Holding Nv...........................................4.80%....$33,398,449
Micron Technology........................................4.72%....$32,850,034
Nxp Semiconductors Nv..............................4.48%....$31,166,556
Lam Research.............................................4.33%....$30,105,086
Analog Devices...........................................4.18%....$29,039,230
Skyworks Solutions.....................................3.94%....$27,406,377
Microchip Technology..................................3.22%....$22,414,245
Kla-tencor.....................................................3.04%....$21,136,626
Xilinx.............................................................2.85%....$19,853,426
Maxim Integrated Products........................2.47%....$17,148,114
Advanced Micro Devices...........................2.44%....$16,964,968
Cadence Design Systems.........................1.58%....$11,006,240
Marvell Technology Group Ltd....................1.54%....$10,720,147
Qorvo............................................................1.47%....$10,241,339
Teradyne.......................................................1.33%....$9,260,584
On Semiconductor.......................................1.31%....$9,143,092
Microsemi.....................................................1.11%....$7,734,987
Cavium..........................................................0.98%....$6,784,865
Those are the stocks I would really be worried about as they are a part of SMH... if yours belong to the same sector then you should be concerned... otherwise normal vigilance is all that is required right now. |
