Semiconductor stocks were one of the best performing sub-sectors in the S&P 500 (SPX) in 2017. The semiconductor etf SMH was up 37%. Compare that to the Nasdaq Composite, up only 7.5% and the SPX …
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On October 6th we to a look at the technical set up for the semiconductor group via the etf SMH. We identified some of the fundamental reasons for the massive out-performance in the space that had has resulted …
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In mid July, semiconductors as a group had a major technical breakout, with the SMH (the etf that tracks 25 semi stocks, Intel and Taiwan Semi making up about 30% of the weight) blowing through …
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As we mentioned in the update to the FXI calendar, our intentions on calendar trades is often simply to buy time. Ideally we see the stock we’re targeting drift around, and maybe slowly approach our …
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While the boarder market seemed determined to march in a straight line back towards the highs over the past few months, we made sure that many of a short biased trades could withstand a few …
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On Friday we rolled a mildly profitable long premium bearish view on Qualcomm (QCOM) from April 22nd weekly expiration (this Friday) to May expiration (here). Here was the new trade idea from Friday afternoon: TRADE: QCOM ($51.60) …
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Semiconductor contract manufacturer Taiwan Semi (TSM) released Q1 results that were below expectations and guided down the current quarter and, per Bloomberg; “cut their cut its own 2016 smartphone demand growth forecast to 7 percent …
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Publicly trade tech companies (specifically those in the beleaguered PC supply chain) are in the midst merger frenzy. There were two deals announced this morning for a combined $30 billion. In the semi-equipment space, Lam …
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Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. CHK – On Wednesday we saw crazy short dated call buying in UAL (here), and yesterday we see a considerably larger, much longer …
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Back in mid February, when shares of Micron (MU) were trading $31.75 we made a defined risk bearish trade (New Trade – $MU Shu Put) largely predicated on what we felt was a rotation out …
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