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.
Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (87804)12/28/2021 4:19:51 PM
From: Return to Sender3 Recommendations

Recommended By
oldbeachlvr
Sam
Sr K

  Read Replies (1) | Respond to of 95442
 
Today's Free Feature

Swing Trader

Updated: 27-Dec-21 15:08 ET

Semiconductors Maintain Relative Strength Into Year-End
Buyers have been pouring money back into the market here in the second half of December, pushing the Major Indices back up towards their YTD/Q4 highs. The bullish seasonality has been in full effect for the Christmas holiday and that status quo should be maintained into year-end.

Leading the pack higher today are Semiconductors as the SMH rises up to challenge its Nov-Dec range highs. I had last written about the Technology (XLK) sector emerging in early December with relative strength, highlighting that the Semiconductor industry (SMH) was particularly strong with the group. After further consolidation within their Nov-Dec range, the SMH is now building on last week's pullback to its rising 50-day sma as a number of names capture bids lately. Supply-chain shortages and good earnings results have kept most Semis from under-performing the broader market.

There are more than handful of Semiconductors breaking out of their multi-week range highs today, making them potential opportunities going into the new year. Of course, if any of these names start to reverse or give up recent gains in an aggressive fashion, then that would warrant caution from the Long side.





Any questions, comments, or suggestions, can be emailed to Scott Smith, CMT, at swingtrader@briefing.com.



To: Return to Sender who wrote (87804)12/29/2021 4:05:00 PM
From: Return to Sender2 Recommendations

Recommended By
Sam
Sr K

  Read Replies (1) | Respond to of 95442
 
14 New 52 Week Highs on the NDX Today and 1 New 52 Week Low - [PTON]

New Highs:

Mon Tues Wed
ADP ADP ADP
AMAT AMAT AMAT
AVGO AVGO CERN
CDNS CDNS COST
CDW CDW CSCO
CERN CERN CSX
CSCO COST CTSH
CTSH CSCO EXC
GILD CSX FAST
KLAC CTSH GILD
LRCX EXC MDLZ
MCHP GILD ORLY
SNPS KLAC PAYX
VRSN LRCX VRSN

MCHP

MDLZ

ORLY

SNPS

VRSN