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Category Archives: SMH

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLF, PBW, SOXX, SMH, INTC, QCOM, BRCM, AMGN, CNX, CME, FSLR, MOT, NOV, POT, AKAM, AEM, V, CLF, GLW, WLP, BP, SOHU

Last weekend, in my Market Forecast, I wrote: "For the new week, a whole lot more earnings reports are coming in…  The market is barely being supported by its daily MAs.  A quick dip could send it to test SPX 1040 again.  It’ll be up to the earnings again.  Monday and Tuesday could induce big [...]

Big Green Day! SPX, Nasdaq, SMH, TXN, ADI, ALTR, XLNX, IBB, TEVA, PRGO, CELG, BMRN, GILD, AMGN, IMCL

Yesterday, in my evening post, I said, “We need to see VIX back below $20 to feel more comfortable. The market major indices do still show bullish formations with their MAs. So, I’ll wait patiently with lots of cash on the sideline.” The market opened with a positive tone today, and, VIX quickly went under [...]

3/21/2007 Review: Nasdaq, SMH, SOX, GOOG, AKAM, WFR, FFIV, RIMM, LVS, UNH

It was a great day!! Thanks Feds! Let the bulls run!! I tried to stay positive since I started this blog on Sunday 3/18, hoping that the Feds will help spark a broad-based rally. Or, maybe the bulls are just looking for an excuse to rally. A few days before the selloff at the end [...]