What Are The Semiconductors Really Telling Us

Semiconductor giant Broadcom Inc. (AVGO) is the largest component of the iShares PHLX Semiconductor ETF (SOXX). This makes the stock a key benchmark, so as Broadcom goes, SOXX goes. However, the other top holdings include:

Source

Broadcom announced earnings on Thursday after the market closed and surged on Friday, closing up 8.2% at $290.29 after the company delivered impressive earnings results.  The closing price also marked a new 52-week highs.

PHLX Semiconductor ETF (SOXX) is up 18% year to date. 

The SOXX trending higher is a good thing for the economy and a great indicator of economic strength because everything uses chips, from

What Are The Semiconductors Really Telling Us

Semiconductor giant Broadcom Inc. (AVGO) is the largest component of the iShares PHLX Semiconductor ETF (SOXX). This makes the stock a key benchmark, so as Broadcom goes, SOXX goes. However, the other top holdings include:

Source

Broadcom announced earnings on Thursday after the market closed and surged on Friday, closing up 8.2% at $290.29 after the company delivered impressive earnings results.  The closing price also marked a new 52-week highs.

PHLX Semiconductor ETF (SOXX) is up 18% year to date. 

The SOXX trending higher is a good thing for the economy and a great indicator of economic strength because everything uses chips, from

Will The S&P 500 Make All-Time New Highs In 2019??? – Part 3

Will The S&P 500 Make All-Time New Highs In 2019???

Edward Yardeni, who spent decades on Wall Street running investment strategy for firms such as Prudential and Deutsche Bank, predicts stocks will break out to all-time highs this year.

“I’m still sticking with 3100 and feel better about it,” said Yardeni, who noted valuation multiples, low interest rates and inflation is setting Wall Street up for a very good year.

Will The S&P 500 Make All-Time New Highs In 2019??? – Part 2

Price is also approaching the triple top near the 2800 level. The triple top pattern

HOLO [HOT] is becoming warmer…

I do not want to talk about the fundamentals of this very interesting project but I recommend you to read the information of HOLO and the HOLOCHAIN project here .

Besides, under a pure especulative view, HOLO is becoming [HOT]ter!!!

We have a nice cup formed and a handle on going, if HOLO [HOT] manages to break the upper blue line, the target can be 0.003 USD from the current 0.0012 USD.

 

Not too shabby at all.

Enjoy!

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of

My TIMM Trading Pit Commentary – Wk Of 3/11/19

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.

Commentary from this past week includes:

2 min supply zone on oil I’m looking for take short for a day trade.

Oil finally hit that 4 hr supply zone.

Brexit is causing price on the British Pound to move

The Bull run will be driven more by the altcoins…

…than by BITCOIN side…

People may think that is an
obvious aspect since nowadays everybody is aware how major altcoins as
LITECOIN or BINANCE have been performed lately…

But I
remember that I envisage this behavior some weeks ago already and seems
that they are accomplishing the prevision to the perfection…

However, why am I saying that ALTCOINS will lead the Crypto Bull more than BITCOIN?

What it happened in the past was essentially the contrary. BITCOIN lead the grow and after consolidating its growth acceleration there was a huge transfer from BTC to the ALTCOINS.

But this time seems to be
different, altcoins

The Reasons Why I Don’t Pay Off My Mortgage Balances

For a long time my mindset was always that the sooner you can pay off a mortgage balance on a property the better.  A few years ago that view began to shift and now I’m fully on board with not paying it down ahead of schedule.
There are a couple good reasons why it is better not too.
The Reasons Why I Don’t Pay Off My Mortgage Balances

Risk Mitigation

When you have a loan balance on your property you in turn show less equity.  Less equity means there is less you have available to take.  Lawyers do not like going after people that

LITECOIN: a Bearish Divergence knocking on the “Golden Cross” Door

Market is keeping its boring steady state movement as BITCOIN does
while altcoins seems going back and forth alternatively day by day…

Well,
not all of them, major altcoins as BINANCE are really independent from
this behavior, In the case of BINANCE I am keeping my bullish sentiment
constant.

Also LITECOIN has demonstrated a very
interesting rise, not related to the Crypto King, BITCOIN, but,
unfortunately now I am obliged to tell you what I see in its chart which
is not bad but very necessary in order for LITECOIN to keep a proper
and sustained growth.

Where is LITECOIN now?

It is, as

It’s being a long time since I last speak about BITSHARES and I think it deserves a following up post… also because seems to me that BITSHARES has bottomed already a few weeks ago according to the daily chart I show you below:

According to this chart,
BTS touched its lowest point by the end of November last year…
Actually, it did touch the bottom twice, the second time the end of
January this year.

What is most interesting to see is
that, even if BTS touched twice the same ground, the RSI indicator
marked a prominent DIVERGENCE, which is a clear

AUGUR [REP]: Pay attention to this one as well

On February 22nd, both, the 200 DMA and the 50 DMA crossed each other, allowing REP to be supported solidly by the 200 Day Moving Average and becoming the first symptom of Market Reversal for this altcoin.

Actually, REP has been rebounding between two trendlines which have defined a Symmetrical Triangle, the breakage of which is expected to occur in very short term.

If the breakage of the this triangle finally confirms the move upwards, the Elliot Wave Count which would fit more would be the following:

Target for a classical 3rd wave, according to the 1.618 FIBO level taking as a reference