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I hope that we can discuss all things Semiconductor and Semiconductor Equipment Stocks related here without any political discussions or animosities.
What you will find here are charts of the SOX and its related stocks:
Earnings' Tables for quarterly reports and guidance for SOX related stocks. Example here:
After the market closes updated data on the NASDAQ 100 and Point and Figure Data for the NDX. Also Point and Figure Data on the 30 SOX Components. An explanation of PnF Charting can be found here:
In a normal Bull Market once the BPNDX exceeds 70% buy signals the NDX is overbought. A fall to below 30% buy signals normally represents a chance to accumulate stocks. Of course new bull markets often lead to more than 70% buy signals. Bear markets can give PnF buy signal numbers in the single digits.
November 24, 2023 the BPNDX has fallen from a recent high of 72 PnF Buy Signals to 70. BPSOX is 27 after NVDA lost its buy signal. Based on my trading parameters I believe some profit taking is in order. The market is overbought and any additional upside as opposed to selling would be very surprising.
I will also post New Highs and New Lows Data for the NDX which includes numerous semiconductor stocks. Finally you will find me sharing all the free data I can from Briefing.com on stocks related to those we discuss here. I hope we will continue to build on the legacy of great former leading contributors here like Don Wennerstrom and Gottfried!
|© 2023 Knight Sac Media. Data provided by IEX, Alpha Vantage, Coinbase, Binance, Fintel and CityFALCON News|