Finding Leadership in Semiconductors | Bruce Fraser (02.03)
Power Charting with Bruce Fraser • 26m
The slowing trend of the Consumer Price Index in 2022 is discussed in light of this week’s Fed Rate Decision and why Interest Rate trends may have be fallen in recent months. An update of the January strength in the NASADQ 100 is studied. Overhead resistance areas are defined.
Next, how to find leadership stocks by industry group using the Semiconductor group as a case study. Emerging long term trends can be identified with a trend scan and ranking by SCTR momentum. Stocks that have the characteristic of an uptrends in price and then ranked by SCTR are scanned for. This technique can be applied to all Sectors and Industry Groups. A selection of Semiconductor stocks that meet this leadership criteria have their charts evaluated.
Connect with Bruce -
Website: https://wyckoffanalytics.com
Blog: https://stockcharts.com/articles/wyckoff/
https://twitter.com/rdwyckoff
Up Next in Power Charting with Bruce Fraser
-
2023 Rotational Themes | Bruce Fraser...
The episode begins with the present position of stock indexes. Indexes are attempting to climb through critical resistance on their way to higher PnF count objectives. Their progress is studied. Two year interest rate yields are updated with PnF counts. Finally the dollar index is reviewed.
Jo... -
2023 Outlook - A Wyckoff View Part 2...
The Wyckoff Method is the framework for considering equity market trends for 2023. Further consideration of the present position of the major stock indexes and what events to watch for to confirm the continuation of the recent swing trading uptrend. Major forms of overhead resistance are identifi...
-
2023 Outlook. A Wyckoff View | Bruce ...
The Wyckoff Method is the framework for considering equity market trends for 2023. Seasonality, election cycles and classic Wyckoff price structures are considered. A price analog comparing 2001-03 to present conditions opens the discussion of whether an Accumulation structure is forming, and wha...
