The semiconductors have had a great run in the past year, but I recommend we use caution.
For example, AMAT-is really having a hard time advancing through its year 2000 bubble .com highs.
Does this warn us of trouble for the chip stocks? I believe the answer is yes.
Some of the new technologies may make stocks like NVDA-or-CY-keep going for a while, but....
I have seen this danger before.
Use caution.
One other note: adjusted for inflation-AMAT is 20% under its year 2000 peak.
My next chart will be of-INTC.
This stock is not even close to its year 2000 peak. And, adjusted for inflation, it should be 20% higher.
Don.
For example, AMAT-is really having a hard time advancing through its year 2000 bubble .com highs.
Does this warn us of trouble for the chip stocks? I believe the answer is yes.
Some of the new technologies may make stocks like NVDA-or-CY-keep going for a while, but....
I have seen this danger before.
Use caution.
One other note: adjusted for inflation-AMAT is 20% under its year 2000 peak.
My next chart will be of-INTC.
This stock is not even close to its year 2000 peak. And, adjusted for inflation, it should be 20% higher.
Don.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.