DOW 15,307.20 -0.52%

NASDAQ 3,463.30 -1.11%

S&P 500 1,655.35 -0.83%

VIX 13.82 3.37%
SPX 500 (CFD) 1,643.90 -0.69%

DOW (CFD) 15,237.00 -0.46%

NASDAQ 100 2,977.40 -0.72%

EURUSD 1.289 0.28%
UK 6,716.80 -1.81%

GERMANY 8,329.50 -2.36%

FRANCE 3,964.30 -2.14%

SPAIN 8,346.50 -1.37%
H. KONG 22,669.70 -2.54%

JAPAN 14,484.00 -7.32%

KOREA 1,969.19 -1.24%

SHANGHAI 2,275.67 -1.16%
NAT GAS 4.17 -0.38%

GOLD 1,390.30 1.67%

SILVER 22.48 0.07%

COPPER 3.31 -1.87%
FRANCE 2YR 0.19 -10.90%

GERMAN 2YR -0.02 -650.00%

ITALIAN 2YR 2.18 27.59%

SPAIN 2YR 2.81 8.21%
FRANCE 10YR 1.88 -0.69%

GERMAN 10YR 1.40 -2.03%

ITALIAN 10YR 3.97 1.46%

SPAIN 10YR 4.23 1.20%
WTI 93.38 -0.95%

BRENT 101.89 -0.69%

WTI/BRENT 8.51

321 CR SPR 21.96 10.04%

Semiconductors Looking to Get Their Swagger Back

By chessNwine – Tue Jan 29, 2013 10:45am – No Comments

I am having trouble posting charts or any type of visuals with the iBankCoin website apparently still under technical maintenance. In lieu of charts, I’ll draw your attention to the semiconductor ETF, SMH, flagging just above the key $34 level. So far, so go good there, with leading stocks like ASML and ARMH breaking out strongly the past few weeks.

My friend and Chief Technical Market Analyst at Miller Tabak Jonathon Krinsky was on Bloomberg TV last week discussing the sector and its potential, and I am in agreement with the potential for the semis to benefit from a rotation. Keep an eye on turnaround names such as CREE as well.

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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,307.20 -0.52% NASDAQ 3,463.30 -1.11% S&P 500 1,655.35 -0.83% VIX 13.82 3.37%	SPX 500 (CFD) 1,643.90 -0.69% DOW (CFD) 15,237.00 -0.46% NASDAQ 100 2,977.40 -0.72% EURUSD 1.289 0.28%	UK 6,716.80 -1.81% GERMANY 8,329.50 -2.36% FRANCE 3,964.30 -2.14% SPAIN 8,346.50 -1.37%	H. KONG 22,669.70 -2.54% JAPAN 14,484.00 -7.32% KOREA 1,969.19 -1.24% SHANGHAI 2,275.67 -1.16%	NAT GAS 4.17 -0.38% GOLD 1,390.30 1.67% SILVER 22.48 0.07% COPPER 3.31 -1.87%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR -0.02 -650.00% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.88 -0.69% GERMAN 10YR 1.40 -2.03% ITALIAN 10YR 3.97 1.46% SPAIN 10YR 4.23 1.20%	WTI 93.38 -0.95% BRENT 101.89 -0.69% WTI/BRENT 8.51 321 CR SPR 21.96 10.04%