Retailers and Semiconductors
US retailers including Wal-Mart and Kohl’s posted their biggest sales gain in nine months in February, spurred by job growth and spring fashions, Bloomberg reported. Watch the RTH (retail holders), a solid improvement to the upside in this sector is a harbinger of things to come.
See: Retail Dominoes
http://naybob.blogspot.com/2005/02/retail-dominoes.html
Chartered Semiconductor Manufacturing, Singapore’s biggest chipmaker, lowered its first-quarter revenue forecast and said its loss will be “at the higher end” of its predictions, Bloomberg said. Watch the SMH (Semiconductor Holders) and SOX (Philadelphia Semi Conductor Index) as the semis go, so goes high tech and the Nasdaq.
See: Worldwide Semiconductor Glut http://naybob.blogspot.com/2005/02/worldwide-semiconductor-glut-1st-half.html
See: Retail Dominoes
http://naybob.blogspot.com/2005/02/retail-dominoes.html
Chartered Semiconductor Manufacturing, Singapore’s biggest chipmaker, lowered its first-quarter revenue forecast and said its loss will be “at the higher end” of its predictions, Bloomberg said. Watch the SMH (Semiconductor Holders) and SOX (Philadelphia Semi Conductor Index) as the semis go, so goes high tech and the Nasdaq.
See: Worldwide Semiconductor Glut http://naybob.blogspot.com/2005/02/worldwide-semiconductor-glut-1st-half.html
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