Revenge of the textbook 😳📚 $TSM pic.twitter.com/YhEHatVXMi — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) July 24, 2020 Today’s Chart of the Day was shared on Twitter by Arun Chopra (@FusionptCapital). It’s a chart of the largest component in the Semiconductor index – Taiwan Semiconductor, $TSM. As Arun points out, this chart belongs in the textbooks, because […]
Chart of the Day – Thursday, June 5th, 2020
Semis $SMH new all-time highs – a key sector to lead the way. pic.twitter.com/019r7Hgb4K — Larry Tentarelli, Blue Chip Daily (@LMT978) June 5, 2020 Today’s Chart of the Day was shared on Twitter by Larry Tentarelli (@LMT978). It’s a daily bar chart of the Semiconductor ETF ($SMH) over the past 14 months. The Nasdaq closed […]
Chart of the Day – Monday, December 16th, 2019
$SMH: New highs for this leading industry group, Very Bullish Rating @chaikinanalytic If the semis are leading, it's hard to get bearish IMO pic.twitter.com/3GIj7YYYkS — Dan Russo, CMT (@DanRusso_CMT) December 16, 2019 Today’s Chart of the Day was shared on Twitter by Dan Russo of Chaikin Analytics (@DanRusso_CMT). It’s a daily bar chart of the […]
Evidence On Both Sides
If we were witnessing a real trial-by-jury (which, at the end of the day, is actually what the market is), I think it’d be safe to say that bears and bulls both have pretty solid evidence to put forth in their favor. Yes, there have been sub-industries that have done well and that we have […]
Chart of the Day – Friday, September 13th, 2019
Today’s Chart of the Day was shared on Twitter by David Zarling (@AdaptivCharts). It’s a weekly candlestick chart of Taiwan Semiconductor $TSM. In a report today, we highlighted the ongoing breakout in Semiconductor stocks. $TSM is the largest component in the popular Semiconductor ETF, $SMH. As you can see, $TSM is testing that key $45 […]
