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


To: GROUND ZERO™ who wrote (111251)9/14/2018 7:52:46 PM
From: codfish23  Read Replies (1) | Respond to of 223387
 
A thing of beauty! I'm ready for launch!



To: GROUND ZERO™ who wrote (111251)9/15/2018 10:16:16 AM
From: robert b furman  Read Replies (2) | Respond to of 223387
 
Hi GZ,

So the sox is 30 stocks:

Some chip makers and some equipment makers.

Here's a performance chart of SOME 10 of the biggest:

screencast.com

From first glimpse, the equipment companies have all been going down,while the chip makers have been going up :Qcom, and Broadcom. ( note these stocks dipped before the equipments when their merger was given the thumbs down by regulators and AMD has been on an upward tear - another chip maker).

I'm thinking that the equipment companies are due for a reversal - here's one (LAM RESEARCH)that is just printing money and looks prime to pop up next week (watch for Macd to cross up over it average - there's an easy 20 point run in this one :

screencast.com

Note that when the 6 day rsi pops up over the 12 day rsi and Macd crosses over it average - its time to jump in on the upward ride. Da cheif's RSI genius at work!

Bob