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Wednesday, January 17, 2018

SOX Semiconductors Daily Chart; SOX Prints New All-Time Record High Taking out the Dot-Com Bubble High

At 3 PM EST, today, Wednesday, 1/17/18, the semiconductors, SOX, prints above 1362, a record high, taking out the all-time high from 3/14/2000. This is a big deal. The semiconductors break out to new record all-time highs. SOX is up a huge +2.9% and prints at 1366.10 the highest number in history. Strike up the band. The bulls are unstoppable.

XLK +1.4%. SMH +2.9%. XSD +1.5%. IBM +3%. INTC +2.7%. MSFT +2%. ASML +7.7%. The memory chip cycle started in 2016 and continues. LRCX +7.3%. KLAC +5.7%. AMAT +5.2%. TXN +5%. NVDA +1.8%. MU +3.1%. AVGO +0.8%. QCOM -0.2%. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

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