Semiconductors Hit New Highs Relative To Other Stocks & Tech Specifically

JC Parets
November 23, 2020

If Semi's are leading, how bad could things be for the stock market?

As you can see in this chart below, not only are Semiconductors outperforming the broader markets, but they are also breaking out relative to Technology stocks as a group.

This is the definition of Relative Strength:

You'll find a ton of Semiconductor stocks inside of our 2 to 100 Club report. This is a classic sector known for companies able to scale quickly to over $100 Billion.

That's why it's one of the sexiest list of stocks that's ever been put together. I'm confident about that.

Here's a recent example from last week's 2 to 100 Club report $SMTC Semtech, a mid-cap Semiconductor. If we're above those highs from 2000, we want to be long with a target over $90:

You can find all the Semi's that stand out along with the rest of the 2 to 100 Club here.

JC

 

 

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