649bruno
Short

"Structure Setup" For Trades, Part 1 Of 5: SOX Index & ISIL

NASDAQ:ISIL   INTERSIL CORP
18 0 5
If the U.S. economy is going to grow, I feel one indicator of future growth is the SOX (PHLX Semi-Conductor Index ). Once I look at an index , then I like to study the individual issues that may (or may not be) semi-conductor stocks that are in the SOX. INTC-1.07% ( Intel-1.07% ) is in the index , and it looks weak. QCOM-1.47% is in the index , and it looks very weak, having gone from $72 down to $44. The SOX index itself looks very weak. I mention this because....
One thing I might suggest: if you find a strong stock that is part of an Index fund, be careful, because in down markets even the strong stocks can fall if there is a forced liquidation because of mass redemptions. I would like to show you a study for Intersil Corp-0.17% . This stock is not in the SOX index . Intersil Corporation is a leader in the design and manufacture of high-performance semiconductors. ISIL products are used in some of the industry's fastest growing markets, such as flat panel displays, cell phones, other handheld systems, and notebooks. Yet, the stock is in a long term down-trend. The structure (as shown above) is very weak. Please move on to part 2 of 5. May all of your trades go well. Don.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out