$SMH over all major ma's again. Observation I don't own SMH. I do own some of its holdings.
Source: Sunrise Trader
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- A
software is down because semis are gapping up heavily today
this has become the new normal, so it shouldnt surprise anyonehowever, id much rather deal with a software dump from 52-week highs vs making new lows almost every week a few months ago when the semis would pumphonestly, the $IGV names now taking a break and the $SMH names getting more life feels healthy 🤷♂️would obviously love all names to move up or down together so playing different individual sectors wasn’t a thing but it is what it is…if both sectors take multiple months off at different times then the semi part of your port will just need to relax when saas goes up and vice versa question is if semis can get a June run again and how low saas needs to go for that to happen but these algos absolutely are stuck in the long/short pair trade, just not as aggressively as when Leopold was deeper into the trade and every fund was copying himSource: amit
- C
Heads or Tails for the Fed? Friday's NFP Casts the First Vote
The Fed's September 15–16 decision is, right now, a coin flip: the market puts the odds of another hike at roughly 50/50. On Friday, September 4, one number gets to nudge that coin — the August non-fa...
How Will the Market React to the NFP Print?Single choice4 voted in PollsPoll ended+4
- J
$SMH
Got Some Late Summer Weak Knees... Ran it Up on 5x Leverage - Blow Off Top Distribution = 2-3 Months Now Price Below 8>21>50 and 50 is CURLING DOWN to $500. I like Semis, just after FOMC, After XI Visit and into Q4/Q1 as End of Year Setup Gets Better with END of Year Buying Deals Pull Ahead. True Story - My Old Bucket of $500M Spend was done with but my Peer Could Not Spend theirs by EOY DEC 31st. Boss Came to me and said can you spend an EXTRA $40M by DEC 31st? Basically Make Up the Spend for my Peer. I am like yeah, so I pulled in Q1 Gear into Q4, Made Sure it Shipped and delivered by 12/31. That is called an END of YEAR Deal. This can help Q4 into Q1 Sales Numbers for Numerous Tech Companies. Either way $SMH Got That Weak Knee Look to Me.Caution.... - V
🏆✈️⚙️🟢🎯🎯🎯
- N
Beat around the bush, scare the market, with no action taken. I'm guessing the prediction market will be happy for this .
Jackson Hole: 10 AM ET – Warsh's Words Could Move Markets.PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
- J
The US market is so volatile. It is anyone's guess where it is headed. The year ahead is so unpredictable with so many things going on in the world.
Jackson Hole: 10 AM ET – Warsh's Words Could Move Markets.PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
- N
The numbers go up and down, up and down, and will do so for the foreseeable future. Such is life.
Jackson Hole: 10 AM ET – Warsh's Words Could Move Markets.PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
- P
Warsh issued a hawkish policy signal, warning that despite recent cooling inflation reports, underlying trends have not “meaningfully improved”. He indicated that the central bank might need to raise interest rates in the coming months if inflation persists stubbornly, emphasising the need for confidence that underlying inflation is moving towards the objective. Otherwise, he stated, “We have work to do.”
Jackson Hole: 10 AM ET – Warsh's Words Could Move Markets.PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
- P
Very detailed and comprehensive article. Well
worth a read. Agree with the author’s viewpoints and perspectives. Looking forward to the next report!
Jackson Hole: 10 AM ET – Warsh's Words Could Move Markets.PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...