Pop Chick-a-Pop These Cops

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Well, it’s the same thing for my trading today – – “profitable yet annoying.” I guess it beats “losing and soothing.”

Some of my strength is coming from semiconductor shorts. Let’s face it, most semi strength lately has come from the totally retarded ascent of cryptocurrency, which seems to be kind of hitting some rough patches, after hitting the laughable $5,000/bitcoin level.

0908-bitc

Thus, the likes of Cypress Semiconductor prepare to projectile vomit…..

slopechart_CY

…….and, of course, the King of Kings, Nvidia…………..

slopechart_NVDA

I particularly likely Advanced Micro Devices, which is shaking up for its next leg down.

slopechart_AMD (1)

Here’s a closer look. As you can see, key support (green horizontal) is coming up fast.

slopechart_AMD

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