Articles tagged with AMAT

Anyone who's followed me for awhile knows how important relative strength is to me as a trader. I want to own stocks that lead their industry groups higher. And it always helps if the industry is leading the S&P 500 higher as well. Leading stocks in leading industry groups, that's what we're looking for. Well, sometimes the start of relative strength is not clearly visible. Let's take the semiconductors ($DJUSSC), for instance. This group has arguably been amongst the best industry groups of 2023, but it's taking a very well-deserved pause right now. It's hard to see, but there are semiconductor stocks starting to show relative strength, but it's not really clear, because the group has been weak....keep reading