Thursday, August 25, 2016 5:48 PM EDT
The semiconductor industry has been a real market leader in 2016, at least when it comes to the broad markets and technology in particular.
The key challenge for every investor is to look for outperforming market segments, and identify its segment leaders. Investors should have their shortlist of segment leaders ready in the semiconductor industry. Why? As soon as the stock market will retrace, which it likely will do in the seasonally weak September – October period, it is time to pick up the segment leaders in the outperforming industries.
When it comes to the semiconductors, its sector index SOX will likely retrace to the 670 to 700 area. If it remains above 750, it would indicate exceptional strength.
Investors should be patiently waiting for an enticing entry point in the coming weeks.
(Click on image to enlarge)
Disclaimer: InvestingHaven.com makes every effort to ensure that the information ...
more
Disclaimer: InvestingHaven.com makes every effort to ensure that the information provided is complete, correct, accurate and updated.In spite of these efforts, errors may occur in the information provided.If the information provided contains errors or if certain information is not available on or via the site, InvestingHaven.com will make every effort to rectify the situation as soon as possible. However, InvestingHaven.com cannot be held liable for direct or indirect damages resulting from the use of the information on this site. If you notice any errors in the information provided via the site, please contact the manager of the site.
Moreover, the views expressed in the articles (posts) on this website are the ones from the authors and are for information only. It is not intended as an offer, invitation, or solicitation to buy or sell any of any security or asset described. Nor the website manager nor the authors do accept any liability whatsoever for any direct or consequential loss arising from the use of their content. Please consult a qualified financial advisor before making investments. The information on this website and in the articles (posts) is believed to be reliable , but the authors do not make any representations as to its accuracy or completeness.
The content of the site (including links) may be adjusted, changed or expanded at any time without notice. InvestingHaven.com does not guarantee the proper functioning of the website and cannot be held liable in any way for the improper functioning or temporary (un)availability of the website or for any form of damage, direct or indirect, which may be the result of access to or use of the website.
InvestingHaven.com cannot be held liable under any circumstances by anyone, directly or indirectly, in any specific or other way, for damages resulting from the use of this site or any other site connected by means of links or hyperlinks, including, without limitation, any losses, interruptions of work, damage to programmes or other information on the computer system or to equipment, software or other items owned by the user.
less
How did you like this article? Let us know so we can better customize your reading experience.