#SOXX ETF and #smh did not see follow through on Friday. Does that mean that #semiconductor stocks have topped? Don't jump to conclusions. Let the market tell us and that's the point of this video. What do we look for.
00:00 Introduction
00:46 Why the SOXX vs SMH?
01:16 Is the SOXX topping out?
01:41 What would confirm a short-term top?
03:12 SOXX Component NVDA - What's it doing?
04:59 SOXX Component AMD - What's it doing?
05:56 SOXX Component AVGO - What's it doing?
06:54 SOXX Component QCOM - What's it doing?
07:12 SOXX Component INTC - What's it doing?
07:38 Conclusions - Is it a top? Will a range form?
L.A. Little's (tatoday.com) is an author and professional trader who creates trading videos that are both educational and actionable; revealing how the neoclassical trading model that he created can make stock trading much simpler and accurate. It's all about trend and timing by identifying supply and demand on the charts.
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Nvidia image courtesy of Charles Kirk
