Despite an absurd amount of traders infatuated with Apple today, the semiconductors are a notable area of strength. As I noted in my previous post, China may have just seen a false breakdown, and we know from major failed moves usually come aggressive moves in the other direction. Taiwan Semiconductor would appear to be a huge beneficiary of such a turn of events, as you can see the solid chart below. Also note the semis as a whole, via the Philadelphia Semiconductor Index, have been outperforming today. My friend @OptionRadar on Twitter has been all over these names of late. Keep them on watch.
3 Responses to The Allure of the East
You’ve got me like one of Pavlov’s dogs, with a crossword puzzle twist.
I read the header, and then figger on it for about two secs, then…
“Aha! Hot Asian babe!”
And sure enough….
Aside — the Woman has to be Korean. Most beautiful girls in the Far East. Must be something about relative protein intake…
Vietnamese are slightly hotter than Korean.
Re-sign Osi, let Manningham and Jacobs walk.
The Viet Namese are a little too litte, though I agree on the hotness (along w. the Phillipinas).