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Sunday, November 18

Bullish on the impending Semiconductor Rally

The markets have been hammered post OBAMA's re-election. Semiconductors have been the hardest hit as portfolio managers take advantage of the declining market sentiment to increase their short exposure in this space.

However, I believe that the semiconductor index (SOX) is due for a rebound especially given how low many semi conductor stocks including INTC are trading at.

The catalysts for the rally are the following:

1. Windows 8 to start selling after customers are educated by word of mouth of the benefits of converting to the new OS.

2. Thanksgiving holiday buying season would help spur the adoption of Windows 8.

3. Mobile growth, more demand of semis for electrical appliances.

4. Technical rebound.

8 comments:

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Market Research Reports said...

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