Don't Ignore This Chart!

Six Semiconductor Stocks Lead on SCTR MarketCarpet


The image below comes from a MarketCarpet for the Nasdaq 100. It is set to show the biggest changes in the StockCharts Technical Rank (SCTR). The biggest gainers have dark green boxes and the biggest losers have dark red boxes. Notice that seven green boxes come from the semiconductor group (AMAT, INTC, NVDA, LRCX, LITC, TXN and XLNX). Some basic instructions are shown below the image. 

Click this image for a live chart.

Instructions for getting the SCTR Movers on the Nasdaq 100 MarketCarpet:
1. Open the major indexes market carpet. 
2. Double click on the Nasdaq 100 section (upper right)
3. Hover over carpet, right click and choose "show ticker"
4. Go to drop down menu in upper left and choose SCTR. 

Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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