NeutralAMDMRVLMarvellMarvellMUMicron TechnologyMicron TechnologyNVDANVIDIANVIDIAQQQNasdaqNasdaqSOXLDirexion Daily Semiconductor BuDirexion Daily Semiconductor BuSPYS&P 500S&P 500TSMTSMCTSMC

Today on

Both the $SOXX and $SMH have fallen to below 13x forward earnings. The spread between Semi valuation and the S&P's P/E is ~5pts, the most since 2022. $SPX $SPY $QQQ $NVDA $MRVL $AMD $MU $NDX $TSM $SKHY

AMDNeutralNVDANVIDIABullishNVIDIAMUMicron TechnologyNeutralMicron TechnologyQQQNasdaqNeutralNasdaqSPYS&P 500NeutralS&P 500

2d ago on

With only 10 days until $NVDA reports Q3 results, the P/E has plunged well below the median trough (22X) over the last 10 years. If this isnt a “value opportunity “, what is? $SPX $QQQ $NDX $SOXX $SMH $MU $AMD $NDX $COMPQ https://t.co/E3Wxd2sNf3

NeutralAMDINTCIntelIntelMRVLMarvellMarvellMUMicron TechnologyMicron TechnologyNVDANVIDIANVIDIAQQQNasdaqNasdaqSOXLDirexion Daily Semiconductor BuDirexion Daily Semiconductor BuSPYS&P 500S&P 500

2d ago on

Chart shows expectation for persistent EPS growth through 2029. Two schools of thought If mrkts believed these projections, unlikely that $SOXX would be trading today’s low P/E Peak in June price matches 2029 EPS estimate already priced-in How wrong are estimates matters? $SMH $SPX $SPY $QQQ $MU $AMD $NVDA $SKHY $INTC $NDX $SOXL $MRVL $COMPQ $MAGS

AMDNeutralSOXLDirexion Daily Semiconductor BuBullishDirexion Daily Semiconductor BuMUMicron TechnologyNeutralMicron TechnologyNVDANVIDIANeutralNVIDIAQQQNasdaqNeutralNasdaqSNDKSandisk CorporationNeutralSandisk CorporationSPYS&P 500NeutralS&P 500WDCWestern Digital CorporationNeutralWestern Digital Corporation

2d ago on

If I said it once... "Although Semis and Chip fab stock are likely to bounce sharply by year-end, not all should be chased. Chasing a stock that historically underperforms and has broken below ALL long-term moving averages is the equivalent of taking your portfolio's life..." $SPX $SOXX $SNDK $WDC $SMH $SPY $QQQ $NVDA $MU $AMD $NDX $SOXL $SKHY