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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (111029)9/7/2018 4:03:38 PM
From: Peace1 Recommendation

Recommended By
Mevis

  Read Replies (1) | Respond to of 222044
 
The semiconductor industry particularly memory is know for inventory cycles. These are early signs of trouble but they may also be transient. Here's another article that is more interesting but it is a Bloomberg opinion article. It did come out a few days before Micron and KLA-Tencor spoke. Micron's chart looks terrible. March high followed by a June double top and is now down nearly 30% from that high. I do own it in my long term portfolio.

Dark Clouds Gather as Tech Stockpiles Hit Pre-Crisis Levels