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KLAC

SMH Under the Hood

June 23, 2011 by Kunal Desai

Lots of chatter this evening about the strength in the Semiconductor HOLDRs ETF.. SMH – let’s take a look. The ETF, itself, does look good.  Nice bounce off horizontal support and it’s resuming its position above sma200.  Under the hood, all of the indicators are oversold and have turned back up over the last few …

Read moreSMH Under the Hood

Categories Market Commentary Tags ALTR, AMAT, ASML, ENTG, INTC, KLAC, SMH, TXN, XLNX

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