PHLX Semiconductor Sector Index (NQ: SOX )
2,229.27 USD -71.64 (-3.11%) Streaming Delayed Price Updated: 11:21 AM EDT, Oct 28, 2020 Add to My Watchlist
All news about PHLX Semiconductor Sector Index
Bullish Island Reversals
April 06, 2020
Surprising action from markets with gap breakdowns switching instead to bullish island reversals. These reversals were also accompanied by breakouts for some indices which keeps the bounce going for a...
Semis Vs Energy – A New High
April 06, 2020
The last several weeks have been a tough time for just about every sector of the market. While there have been some individual stock winners, every major sector is down and down sharply.
Breakdown Gaps Remain, But Selling Doesn't Accelerate
April 05, 2020
While Friday was a day for sellers, it didn't undercut the initial lows established by the breakdown gaps.
COVID-19 is already beginning to weigh on corporate IT security budgets, but as millions work from home, one survey is finding a spending shift to cloud providers and security and away from PCs and...
Analysts at Deutsche Bank say it’s time to give a fresh look to shares of Qualcomm Inc. and Lam Research Corp., arguing that the stocks have sold off too much amid concerns about the COVID-19...
Bounce Is Well Established, But Nothing More
March 26, 2020
Another day of gains has effectively confirmed the first swing low, so now we await the retest. Indices are quickly coming up against moving average resistance which is the first test of them.
Micron Technology Inc.’s latest results and commentary indicated that the company could see benefits as more people are forced to stay home due to the COVID-19 pandemic, but analysts still have some...
Intel gets an upgrade at Bernstein: ‘The guy with the biggest umbrella usually stays the driest’
March 26, 2020
Intel Corp. seems better positioned than peers to weather the challenges of COVID-19, according to a Bernstein analyst, and that could be reason enough to look past the company’s “structural issues.”
Micron earnings: Conservative outlook seen as prudent, but rest of year remains a big question
March 23, 2020
Micron Technology Inc. is being lauded for its foresight for a conservative guidance in the early days of COVID-19 outbreak, but the chip maker will likely be judged on how it forecasts the rest of the...
The coronavirus outlook for semiconductors: Consumer goods bad, but enterprise could be good
March 19, 2020
Chip stocks were leading broader market gains Thursday as analysts debated whether stronger data-center sales would make up for weaker consumer demand as COVID-19 rewrites the playbook for several...
Still Grasping For A Swing Low
March 17, 2020
Markets continued their downward leg in an attempt to establish a low. The S&P did register as an accumulation day and managed a reversal of yesterday's losses, but aside of that there wasn't much more...
Markets Bounce (Again) In Wide Range Day
March 15, 2020
It has been so long since we have made trading days like the ones we have had the past couple of weeks. Friday was no exception, as markets posted 6-9% day gains following comparable losses the day...
Chip stocks dive after Broadcom rescinds guidance, questions second-half rebound amid coronavirus
March 12, 2020
Broadcom Inc. dropped its annual guidance Thursday afternoon and specifically blamed uncertainty in its semiconductor business through the rest of the year due to the spread of COVID-19, which appeared...
Chip stock gains have outpaced the broader market for well over a year, leading some critics to say they’re overpriced, but now that they’re crashing along with everything else Morgan Stanley released...
Now The Test Begins...
March 08, 2020
The bounce has stalled, and now it's a question as to whether the swing low from February is one to be defended, or is simply a swing low in a measured move lower.
Advanced Micro Devices Inc. believes the revenue growth that has sent its stock soaring in recent years will accelerate in the coming years, but the stock’s growth may have already priced in that...
Advanced Micro Devices Inc. will likely announce a short-term hit from the COVID-19 coronavirus outbreak this week, but follow it up with long-term optimism, an analyst said Tuesday.
Chip stocks pump brakes to rebound as broader market keeps bleeding out
February 28, 2020
Chip stocks break ranks with the rest of the tech sector on Friday, bouncing back amid a week long bloodbath for the broader market fueled by fear of the COVID-19 coronavirus.
S&P And Nasdaq Recover Morning Losses, Russell 2000 Leads
February 20, 2020
Volume has eased since markets broke clear of resistance to new all-time highs. The S&P did enough to tag both breakout support and its 20-day MA as part of today's correction.
Nvidia Corp. shares top $300 for the first time ever and are on track again for a record close after one noted analyst has a change of heart and stops being a holdout on the stock.
February 18, 2020
Between's Apple disappointing sale guidance, HSBC's 35,000 employee layoff plan, and lingering Coronavirus, it was looking like markets were heading towards a clear downward session - but this was not...
February 16, 2020
There wasn't a whole lot to Friday's action, but the one thing which was important was the successful defense of the Russell 2000 channel breakout. As a bonus, the Nasdaq is running alongside channel...
Nvidia Corp.’s stock surge Friday as analysts practically write Valentine’s Day notes for the company and hike their price targets after the chip company barrels past expectations in data-center sales...
Nvidia Corp. shares rallied in the extended session Thursday after the chip maker’s data-center sales and outlook topped Wall Street estimates while returning to revenue growth.
Micron Technology Inc. shares rally to lead gains among chip maker stocks Wednesday after another analyst declares the memory-chip glut of 2019 over and boosts his rating on the stock.
Nvidia earnings: A return to revenue growth expected after a tough year
February 07, 2020
After more than a year of quarterly revenue declines, Nvidia Corp. gets to show how much momentum it has built up in gaming and data-center sales ahead of its annual convention in March, when its is...
Bounce Continues With Volume
February 05, 2020
Buyers worked the bullish harami as a swing low with a second day of buying, this time on higher volume accumulation. The biggest winner of the lead indices was the Russell 2000, but all indices...
Qualcomm stock rises after earnings top Street estimates
February 05, 2020
Qualcomm Inc. shares rose in the extended session Wednesday after the chip maker’s quarterly results topped Wall Street estimates.
Indices Break Channels
February 02, 2020
Friday was a return to the selling which started the week; the Monday gap down and Friday's selling bound small gains into the gap. Friday's selling also brought with it channel breaks across many of...