Sunday, February 7, 2016
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,862 Blog Posts

The Allure of the East

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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.

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3 comments

  1. 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…
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