Semi Bullish, Still

Despite a wobbling stock market, a key leader (the Semiconductor sector) is trying to find support and and as such, remains constructive. Until I get cross referencing evidence (ex. from the Semi Equipment sector’s book-to-bill ratio, technicals, etc.) to the contrary, this is a still bullish sector. The SOX includes Equipment companies like AMAT, along with the actual chip makers like INTC.

Here is the very nice state (on balance) of my Semi sector holdings. They are all chip makers (Fab’d and Fabless), but I have interest in the Equipment guys too, again, as long as the b2b remains firm.