Semiconductor Weakness Weighs on the Market
Biotechnology continues to benefit from rotation, but overall corrective action is gaining steam.
Biotechnology continues to benefit from rotation, but overall corrective action is gaining steam.
Here is how I’m playing a setup in a new name with upcoming catalysts.
The semiconductor sector is under pressure again Tuesday morning following Samsung Electronics’ earnings news.
When the flow is mechanical, fundamentals are meaningless.
Here’s what’s on my radar and how I’m approaching the trades.
The market looks tired on Monday morning, but there is some rebound in chip names.
Let’s see how charts, when used properly, can provide a framework that traders can act on.
The action looked good ahead of the July 4 holiday but then a major shift took semiconductors to the downside.
Was Wednesday’s poor market performance a warning of things to come?
As the first trading day of July brought positive action, the bulls got a bit too excited.