Tagged: Semiconductors

San Jose for the day….AND – ADOBE is poised

Come by and visit Wallstrip – Adam, Eddie and I will be yapping Wallstrip from 1-30 to 3-30 t the San Jose Convention Center from Jeff Pulver’s Network2.tv booth. Looks like a good day for some of Wallstrip’s tech stocks. Apple launches their TV, Nuance climbs above 15 and Adobe is nipping at all-time highs. …

Homebuilders – The NEW Value Trap

Five years from now when the homebuilding stocks are 20-30 percent lower and marking time, small investors will all own shares in what the institutions have distributed to them since mid 2006. The companies are not crap and they won’t be in 5 years, but the stocks will be value traps. Victims of a badly …

If I were to short…

Like buying strength, if I were to short and I occassionally do, I would be looking at the TRANNIES and SEMICONDUCTORS. In fact, that’s what I am looking at right now. Both have tight margins and are heavily leveraged to global growth. Both sectors are very weak. Trader Mike sits around all day cranking out …