Semiconductors – Look No Further Monsieur Bull!

They are my bull tell. I outed the semi’s a month back and have been using the SMH as my bull tell since.

I bought NVDA, SPIL and ASX let you in on what I was doing in those posts and Wallstrip .

I am bulllish on the semi’s on any SMH close above $38. No reason to do anything (except add a few names) and I am willing to give up my profits on the positions.

Dogs like Novellus are starting to gap up so we are either gaining momentum or showing froth. No idea which, so I am sticking with LEADERS. So should you.


Disclosure – Long NVDA , ASX , SPIL


  1. Bill aka NO DooDahs! says:

    Got long SMH last Monday. Liking it so far … since I know jack about semis, I stuck with the ETF.

  2. Tim says:

    The equipment makers are seeing inflows recently and many of them look strong….in addition to the ones you mentioned – BRKS, KLIC, AMAT, KLAC, ASML, VSEA

Comments are closed.