Semis-Breakout Time?

Discussion in 'Stocks' started by Cdntrader, Feb 22, 2007.

Semis-Breakout Time?

  1. Nah, Back to the salt mines

    10 vote(s)
  2. Yup, Ready to rip

    5 vote(s)
  1. Semis-Breakout Time?

    Big day today. Will it continue?
  2. S2007S


    the reason for the break out today was on ADI earnings and NSM being upgraded. I think tomorrow is the day we find out if they breakout or back off.
  3. I think the breakout is suspect as it comes with upgrades of semis when we know just last month there were all sorts of issues with AMD and others. As it comes right at the downsloping trendline, I wonder if someone put on a large short position recently and was taken to the cleaners today? Otherwise who would be jumping on semis on a 2-3% gap up??
  4. Drew07


    Anyone following CNXT these days?
  5. Overwhelming strength in all the semis across the market today. SMH at top of range, could break out!
  6. S2007S


    again, NSM upgraded and ADI coming in with earnings. The semis didnt just jump out of no where.

  7. KLAC LRCX announced buybacks today. Looks like the ET Poll contra indicator is working as per usual.:cool:
  8. S2007S


    KLAC has been stuck between 48-52 for 97 years
  9. 96 years and 11 months to be exact:D

    EMKR even had a a big day today! Wierd
  10. Forget semi's. What the heck is going on with the bond market?
    #10     Feb 23, 2007