Stock Ideas arrow Stock Ideas arrow Investors Daily Edge arrow Time for a Semi-Turnaround
Rating
Click for Help

Market Watch

My article this past Monday regarding the Fed Chairs, Alan Greenspan and Ben Bernanke, generated quite a bit of interest.  I received numerous emails, most of them blaming Mr. Greenspan for both the Internet and real estate bubbles.
More...
 

Most Popular

Login Form






Lost Password?
No account yet? Register
Time for a Semi-Turnaround
User Rating: / 0
PoorBest 
Thursday, 01 November 2007
By Chris Johnson
We've commented on the softness in the semiconductor sector, which has been headed south while the rest of the market has rallied.  With seasonal electronic sales about to get a boost from the holiday shopping season, it's strange to see the semiconductor group in its current weakened state.
But the group got some good news on Tuesday.  The Semiconductor Industry Association reported that chip sales increased six percent from last month.  The news translated into a small gain for the Semiconductor HOLDRs (SMH), which is trying to place a bottom at the 34 mark.  This was also the site of SMH’s August bottom, so there is some technical significance at work here.

Pessimism toward the group has surged lately, according to a volume put/call ratio that has shot from 0.7 to its current reading above 1.2.  This reflects a dramatic increase in the number of SMH puts traded relative to calls.  This pessimism may help the shares play catch-up to the rest of the market if this pessimism starts to unwind into buying. 
GPS A New Standard Feature in Cars

By Charles Delvalle Dear Reader, The other day my girlfriend looked at me at a Target parking lot and said, “Charlie, you are ALWAYS looking at the insides of really nice cars.” “I...
+ Full Story

Yahoo’s Motley Fool Was the best website !

Lynn Carpenter All the letters that have come into IDE Central are fun to read, but I really laughed at this one from TJ: “Today's article on volatility, as well as earlier series on...
+ Full Story

  • We endeavor to decipher analysis of this Teaser/News Letter to distinguish the thoughts of Authors/Editors.

  • Please post your Review/Comments, your rating helps other users gauge the value of an article ...

  • Was this service a Ripoff ? Click Here To Post Your Ripoff Story !


Bookmark and Share



RSS comments

Write review Your rating helps people guage value of an article
Name:
E-mail
BBCode:Web AddressEmail AddressBold TextItalic TextUnderlined TextQuoteCodeOpen ListList ItemClose List
Review:

I wish to be contacted by email regarding additional comments
Sorry but! We have to make sure that you are not a bot Please solve this simple math before you submit: 
6Y3         KPY      
  P    6      5   MLL
BM9   TRW   73T      
  3    U    O     3FT
QWU         X8J

 
< Prev   Next >
[ Back ]