Strong AMD earnings weren’t enough to stop the selling. I’m breaking down the Nasdaq selloff, the semiconductor support breaks and the levels I’m watching for a recovery.
I’m watching AMD earnings, the after-hours rally and $500 after tomorrow’s open as SMH and the Nasdaq test their 200-day SMAs.
I’m tracking the Nasdaq selloff after META and LRCX earnings, SMH’s 5.99% closing decline, and what SMH and QQQ did a week after similar selloffs. Here are the support levels and next week’s earnings setups I’m watching.
I’m watching the Nasdaq’s 50 SMA as TSLA, LRCX, and other earnings test the bounce. Here’s my breakout signal and how I’m using my Five Star Market Map.
I’m watching the Nasdaq’s 50 SMA hold, semiconductor support, and NVDA’s Earnings Hot Zone as NFLX, TSLA, and LRCX earnings approach.
JPM and GS failed to hold their earnings gaps. I’m watching ASML and TSM’s expected moves and support levels to guide my buy-the-dip plan in semis.
Historical Gains in Semiconductor Companies in 2023 Last week, I wrote about the many companies appearing right now on my Run into Earnings scans as high probability, pre-earnings longs. Broadcom (AVGO) and Nvidia (NVDA) are two of those companies. These two companies have been some of the most talked about stocks this year due to … Read more
This Tuesday I was able to join Marc Chaikin of Chaikin Analytics for probably my favorite webinar of the year! Why was this a favorite? Well to start, I love collaborating — and Marc is a wealth of knowledge. I also love using his platform for all my research and trading needs, particularly when it … Read more
Last year semiconductor stocks were volatile during U.S. and China trade wars. However, since the market bottomed out at the height of COVID-19, this industry group has gone nowhere but up! I’ve always loved the semis, and while they required more patience last year than now, they’ve always been hot — but now they look … Read more