PHLX Semiconductor Sector Index (NQ: SOX )
2,595.25 USD UNCHANGED Streaming Delayed Price Updated: 4:15 PM EST, Nov 23, 2020 Add to My Watchlist
All news about PHLX Semiconductor Sector Index
Semiconductor Breakout But Trading Volumes Tepid
July 31, 2020
Not a whole lot to report for today although the Semiconductor Index did register a breakout. This was supported by a relative performance gain against the Nasdaq 100, and this should help Tech indices...
Qualcomm stock streaks past $100 as Huawei settlement clears last barrier to 5G licensing
July 30, 2020
Qualcomm Inc.’s stock price soars past its former high of $100 set two decades ago Thursday after the chip maker reveals it settled a licensing dispute with the world’s largest smartphone maker,...
Advanced Micro Devices Inc.’s stock surged to fresh records Wednesday after the chip company’s strong second quarter and outlook signal a sea change in the semiconductor market following Intel Corp.’s...
Big Breakout in Bitcoin
July 27, 2020
Bitcoin broke out of one of its tightest coils in a long while. Compression regimes such as these often lead to powerful expansionary ones (big trends).
4 Of Top 5 US Stocks Set To Report This Week, July Is Shaping Up As Potentially Bearish Shooting Star On Nasdaq 100
July 27, 2020
Tech stocks rallied massively in the past four months, with the leaders outpacing the soldiers by a wide margin. Last week, post-earnings reaction to several tech stocks including MSFT indicated a...
S&P Nudges Breakout
July 22, 2020
The S&P didn't break resistance with any great fanfare and the move lacked volume, but a breakout is a breakout.
Cloud software stocks lead a tech rally Monday as analysts anticipate a strong showing from Microsoft Corp. this earnings season because of its exposure to businesses that benefit from the COVID-19...
Long term secular bull markets just don’t begin and end for no good reason. There has to be a catalyst that drives the markets higher over a long period of time.
Micron Technology Inc. soothed concerns about the memory landscape after the company posted a beat-and-raise quarter driven by strong data-center momentum.
Micron earnings show spike in memory sales, forecast suggests more of the same as stock pushes higher
June 29, 2020
Micron Technology Inc. shares jumped in after-hours trading Monday after the memory-chip maker said sales jumped in the third quarter and are expected to exceed expectations in the final period of its...
Markets Ease Back From Breakouts
June 29, 2020
Last week ended for markets with sellers in control. The damage was sufficient to put markets on warning for a bearish reversal - but the last such attempt in early June was quickly reversed by buyers;...
Apple Inc. (NASDAQ: AAPL) kickstarted its virtual Worldwide Developer's Conference Monday, and an analyst at BofA Securities ...
Micron Technology Inc. is proving to be a key measurement of how COVID-19 is rippling through the cloud as several memory-chip watchers are forecasting that the rush to reinforce a shelter-in-place...
Bearish Finish To Week
June 22, 2020
Bulls weren't able to close out the week on a high as Friday's candlestick was a mix of a bearish engulfing pattern or black candlestick. In the case of the Nasdaq, the gap closed but the 'bull trap'...
Intel stock slips as new lines of AI chips released
June 18, 2020
Intel Corp. shares slid with the broader market Thursday as the chip giant introduced several new products to support artificial intelligence and data analytics.
Buyers Keep The Pressure Up
June 15, 2020
Friday's defensive action was followed by Monday's buying, with many indices defending 20-day MA support.
Markets Breakout On Jobs Data
June 08, 2020
Traders got the spin they wanted out of Friday's data which offered the impetus for the breakouts in lead indices. It's hard to understand how markets could perceive things as out of the woods but here...
Markets Poised For New Round Of Breakouts
June 04, 2020
It was a day that left lead markets poised for fresh breakouts as they finished on resistance or just above resistance (now support).
Broadcom stock slips on in-line earnings
June 04, 2020
Broadcom Inc. shares slip in the extended session Thursday after the semiconductor and software company’s quarterly results were in line with Wall Street estimates and its outlook range bookends the...
Nvidia Corp.’s data center sales topped $1 billion for the first time at the start of 2020 and beat expectations for earnings and sales, but shares slipped in late trading Thursday following nearly a...
Markets Reach Decision Point
May 20, 2020
Another resistance level reached - another level to break. The Nasdaq looks to be first in trying to push beyond the level established by the February gap down.
Nvidia Corp. could escape severe effects from COVID-19 because of strong demand for artificial-intelligence capabilities in cloud data centers and a whole bunch of people playing videogames.
Sectors For The Next 10 To 15 Years
May 16, 2020
Two drivers for the bull market ahead are health care, specifically biotech as health concerns loom, and and semiconductors as artificial intelligence comes to the fore and of course, don't count out...
Light Selling Keeps Resistance Intact
May 06, 2020
Indices had looked ready to break beyond last week's swing highs, but in the end, they weren't able to push through.
The COVID-19 pandemic doesn’t seem to be putting the brakes on tech acquisitions as two chip makers announced deals Monday that shore up holdings from previous acquisitions.
Qualcomm Inc.’s optimism about the coming rollout of 5G products amid the COVID-19 pandemic was enough to lift the stock’s performance Thursday above its peers as analysts weighed the merits of the...
Qualcomm Inc. shares rose in the extended session Wednesday after the chip maker topped Wall Street estimates and its COVID-19-impaired outlook still was in the ballpark of the analyst consensus.
Advanced Micro Devices Inc. shrank in the extended session Tuesday after the chip company admitted that the COVID-19 pandemic would trim its growth in 2020.