The reason for yesterdays strength in Nasdaq ( semi’s )

Discussion in 'Trading' started by kingtrade, Jan 15, 2022.

  1. kingtrade

    kingtrade

    There was some positive news out of Taiwan yesterday regarding semi equipment or something or other. That caused a squeeze in all things semi conductors. AMAT made a new high I believe. Look at the action in LRCX. Is this a fake out ? Who knows.
     
    Axon likes this.
  2. kingtrade

    kingtrade

    In fact, the nasdaq hasnt really crashed because the semi conductors havent crashed yet and some are making new highs.