Semiconductor ETF sees large Inflow

money flowing bills
From ETF Channel: Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
NYSE:SMH February 15, 2019 3:49pm

Semiconductor stocks fall after Goldman Sachs warns that ‘fundamentals remain very soft’

semiconductor stocks
From Thomas Franck:
NYSE:SMH February 8, 2019 3:48pm

Global sales of Semiconductors reached a record high in 2018

From Wallace Witkowski: Global sales of semiconductors reached a record high in 2018, reaching a trillion chips sold for the first time, even as growth tapered off in the second half of the year, according to the Semiconductor Industry Association on Monday. Sales of chips grew 13.7% to $468.8 billion worldwide in 2018 compared with 2017 sales. "Global demand for semiconductors reached a new high in 2018, with annual sales hitting a high-water mark and total units shipped topping 1 trillion for the first time," said John Neuffer, SIA president and chief executive, in a statement. "Market growth slowed during the second half of 2018, but the long-term outlook remains strong." The largest category of sales went to memory chips with $158 billion in sales, the fastest growing category at an increase of 27.4%, SIA said. Of those memory sales, DRAM sales products increased 36.4%, while sales of NAND flash products increased 14.8%. DRAM, or dynamic random access memory, is the type of memory commonly used in PCs and servers, while NAND chips are the flash memory chips used in USB drives and smaller devices such as digital cameras. In December, Micron Technology Inc. MU, -0.98% the largest U.S. maker of memory chips, forecast quarterly revenue that was nearly $1 billion less than Wall Street was estimating as the industry deals with oversupply issues. Micron shares, while up 23% in 2019, are down 4% over the past 12 months, compared with an 11% year-to-date gain in the PHLX Semiconductor Index SOX, +0.05%which is down 2.6% over the past 12 months. Compared to the broader market, the S&P 500 index SPX, +0.34% is up 7.9% for the year and down 2.1% over the past 12 months, and the tech-heavy Nasdaq Composite Index COMP, +0.91% is up 10% for the year and up 0.9% over the past 12 months.
NYSE:SMH February 4, 2019 1:32pm

Chip Stocks slide after Nvidia’s warning

nvidia stock
From Tomi Kilgore: Semiconductor stocks took a premarket dive Monday, after Nvidia Corp.NVDA, -15.02% cut its fourth-quarter revenue and gross margin outlook, citing weakness in its gaming and datacenter businesses. Shares of Advanced Micro Devices Inc. AMD, -7.11% sank 7.3% ahead of the open, after being down 0.5% just prior to Nvidia's warning, while Intel Corp.'s stock INTC, -1.46% dropped 2.0%, extended a loss of 0.8% just before the warning. Last week, Intel reported fourth-quarter total revenue, including data center revenue, that missed expectations. Micron Technology Inc. shares MU, -2.25% fell 5.4%, after being down 1.1% just before Nvidia's warning. Nvidia's stock plunged 15% in premarket trade, while the VanEck Vectors Semiconductor ETF SMH, -2.17% dropped 4.0%. The chip ETF has rallied 8.0% over the past three months, while the S&P 500SPX, -1.16% has edged up 0.2%.
NYSE:SMH January 28, 2019 1:31pm

Semiconductor stocks report earnings, provide a sigh of relief for the technology sector

Technology Sector
From Emily Bary: Investors concerned about the big swoon for tech stocks at the end of last year received welcome news Wednesday afternoon.
NYSE:SMH January 24, 2019 1:23pm

Why traders are bearish about the semiconductor sector

bearish market
From ETF Professor: Earnings season for the semiconductor industry does not start earnest until next week when over 34 percent of the members in the PHLX Semiconductor Sector Index (XSOX) report results.
NASDAQ:SOXX January 17, 2019 4:24pm

Is the worst is yet to come for Semiconductor Stocks?

From Keris Lahiff:  Semiconductor stocks are getting wrecked.  The chipmakers have taken on water in November, falling nearly 2 percent and compounding losses suffered since the beginning of fall.
NYSE:SMH November 13, 2018 8:41am

Can Semiconductors Bounce Back Again?

From Chris Kimble: Few if any sectors have been stronger than Semiconductors over the past nine years.
NYSE:SMH October 15, 2018 6:44am

The Most Vulnerable ETFs In Trump’s Trade Wars

president trump photo
From Zacks: The U.S.-China trade tensions flared up all over again with the Trump administration levying more tariffs on Chinese goods worth of $200 billion starting next week. This will likely push up prices on goods ranging from handbags to bicycle tires, per the source. The tariffs will start at 10%, beginning Sep 24, and then shoot up to 25% on Jan 1.
NYSE:SMH September 19, 2018 6:06am

Investors Beginning To Flee Hard-Hit Semiconductor ETFs

From Zacks: iShares PHLX Semiconductor ETF (SOXX - Free Report) , the most popular semiconductor ETF, had record outflows of $393 million in the week ended Sep 7. Of this $259 million was pulled out on the day alone, the most since its inception in July 2001.
NASDAQ:SOXX September 13, 2018 6:29am

Keep A Close Eye On Semiconductors

From Chris Kimble: Since the 2009 lows, Semiconductor ETF (SMH) has gained nearly 50% more than the S&P 500 (see upper left chart).
NYSE:SMH September 11, 2018 6:25am

Are Semiconductors Still A Buy? (SMH)

From Gary Tanashian: We began tracking this negative divergence in NFTRH last year as the leadership of two premier Semi Equipment companies began to decelerate vs. the broad sector.
NYSE:SMH August 29, 2018 6:23am

Will Plunging Crypto Mining Demand Hurt Semiconductors? (SOXX)

From Zacks: The once-soaring semiconductor space had hit the wall this year with ETFs returning more-or-less 3% so far (as of Aug 16, 2018). Factors that thwarted growth in the space this year were news of Nvidia's (NVDA - Free Report) suspension of self-driving car tests on public roads in March, heightened trade war talks between the United States and China and the slump in cryptocurrency price (read: Should You Snap Up Downtrodden Semiconductor ETFs Now?).
NASDAQ:SOXX August 20, 2018 6:11am

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