Chip Market Downturn Begins in EarnestMorning Headlines
Posted 05 March 2019 - 09:43 AM
Thats very interesting, the world revolves around chips!!
Posted 05 March 2019 - 10:02 AM
"Thats very interesting, the world revolves around chips!!"
LOL... Chips, dip and Beer Brother....
Trouble at the 9 EMA again, and the VIX be moving up..
Uh Oh - VIX moving higher - Who Da-Going to Call - The VIX Busters....
Goldman Sucks moving down too.....
Flat for now - Good Trading, and I can't post my charts.... The trend remains up for now, but getting closer to a sell signal.... I trade VXF, and the trades are free at Vanguard!
WOW..... that was quick. The SPX back above the 9 EMA already.... The Trend remains UP until it's not.....
Edited by robo, 05 March 2019 - 10:08 AM.
Posted 05 March 2019 - 11:00 AM
The market generally turns on the book-to-bill ratio. Sales are a lagging indicator and the weakness indicative that the double-ordering in front of the tariffs led to high inventories.
Posted 05 March 2019 - 02:26 PM
"Combined revenues of Taiwan's top-3 foundries - Taiwan Semiconductor Manufacturing Company, United Microelectronics & Vanguard International Semiconductor - are expected to fall 23.4% sequentially and 17% on year to US$8.27 billion in the first quarter of 2019 Digitimes Research" https://twitter.com/...794579655311360