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HEADLINES:

Returning To Risk - The NASDAQ Looks Like The Place To Be Again
Option Millionaires • Mon, May 20 • 2 Comments
ETPs Turn To Selling Options To Generate Income
Bill Luby • Fri, May 17 • 4 Comments
Stocks Could Continue Surprising Ascent
Chris Ciovacco • Tue, May 14 • 5 Comments
Best And Worst ETFs And Mutual Funds: Information Technology Sector
David Trainer • Wed, Apr 24 • 2 Comments
Poor PC Sales Data Damper Expectations For Upcoming Intel Earnings Release
Selerity Research • Mon, Apr 15 • 1 Comment
The Fed Rudely Reinserts Itself Back Into The Conversation
Daniel Sckolnik • Mon, Feb 25 • 3 Comments
Equal-Weight Semiconductor ETF Leads The Pack
Tom Lydon • Thu, Feb 21 • 1 Comment
Chip Stocks To Rebound? Here's An ETF For That Bounce
Benzinga • Thu, Feb 21
Mobile Devices Boost Test Demand At Teradyne
Todd Campbell • Tue, Jan 29 • 1 Comment
Ahead Of Intel Earnings, S&P Looks At Chip ETFs
Benzinga • Thu, Jan 17
Relative Strength Of Semiconductors
Bespoke Investment Group • Thu, Nov 29, 2012
Technology Sector: Hidden Signs Of Promise
Eric Parnell • Wed, Nov 21, 2012 • 1 Comment
VIX - Options Volatility Sonar: Wednesday Recap
Erick McKitterick • Wed, Oct 31, 2012 • 5 Comments
What Happened To Semiconductors?
Bespoke Investment Group • Thu, Oct 25, 2012 • 4 Comments
Best And Worst ETFs And Mutual Funds: Information Technology Sector
David Trainer • Wed, Oct 24, 2012
Rating Breakdown: Best And Worst ETFs, Mutual Funds By Sector
David Trainer • Tue, Oct 23, 2012 • 5 Comments
This Battered Sector's Turnaround Could Make You 20% Richer In 10 Weeks
StreetAuthority • Tue, Oct 23, 2012
Which ETFs Performed Best During QE2?
Chris Ciovacco • Thu, Sep 13, 2012 • 6 Comments
Knee-Jerk Fed Reaction Doesn't Add Up
Mercenary Trader • Thu, Aug 23, 2012 • 49 Comments
Semis Say 'What Economic Slowdown?'
John Helzer • Mon, Aug 6, 2012 • 2 Comments

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Chip Stocks To Rebound? Here's An ETF For That Bounce
Benzinga • Thu, Feb 21
This Battered Sector's Turnaround Could Make You 20% Richer In 10 Weeks
StreetAuthority • Tue, Oct 23, 2012
Finding Value In Chip Firms: Recommending Market Vectors Semiconductor ETF
Morningstar • Mon, Jul 16, 2012 • 4 Comments
Tuesday's ETF To Watch: Market Vectors Semiconductor ETF
Jared Cummans • Tue, Apr 17, 2012
Semiconductor HOLDRs ETF Should Make A Year-End Run
Kevin M. O'Brien • Mon, Oct 24, 2011 • 5 Comments
Hide in the Semiconductor Industry's Thick Pile of Cash With This ETF
Diffusion • Fri, Aug 12, 2011 • 2 Comments
Chip Sector Shows Downside Pattern
optionMONSTER • Fri, Aug 5, 2011 • 1 Comment
ETF Spotlight: Semiconductor HOLDRS
Tom Lydon • Wed, Jun 22, 2011
Risk / Reward for Semiconductor Stocks Remains Unattractive
Edward Schneider • Mon, Mar 14, 2011 • 2 Comments
Chips May Be Ending Two-Year Uptrend
optionMONSTER • Wed, Mar 9, 2011 • 2 Comments
Bears Descend on Semiconductor ETF
optionMONSTER • Tue, Mar 1, 2011
2011 Semiconductor Equipment Revenue Growth Slow But Looking Better
Wall Street Strategies • Wed, Jan 26, 2011
Bears Buck Rise in Semiconductor ETF
optionMONSTER • Thu, Nov 18, 2010
Semiconductor Industry Rebound: Is It Long Term?
Steve Szirom • Thu, Sep 17, 2009 • 2 Comments
Just When Will the Semiconductor Equipment Market Turn Around?
Robert Castellano • Mon, Jun 29, 2009 • 1 Comment
Semis Have Been Consistent Losers
Babak • Sun, Feb 17, 2008 • 2 Comments
Semiconductors: Indicator for Tech and Broader Market
Gary Tanashian • Wed, Oct 11, 2006
Selling the News in Semis (ETF: SMH)
David Fry • Fri, Dec 9, 2005
Have Chip Stocks Bottomed? (ETF: SMH)
David Fry • Fri, Oct 14, 2005
Semiconductor HOLDRs (SMH) looking strong?
Nick Perry • Thu, Jun 2, 2005

Returning To Risk - The NASDAQ Looks Like The Place To Be Again
Option Millionaires • Mon, May 20 • 2 Comments
ETPs Turn To Selling Options To Generate Income
Bill Luby • Fri, May 17 • 4 Comments
Stocks Could Continue Surprising Ascent
Chris Ciovacco • Tue, May 14 • 5 Comments
Best And Worst ETFs And Mutual Funds: Information Technology Sector
David Trainer • Wed, Apr 24 • 2 Comments
Poor PC Sales Data Damper Expectations For Upcoming Intel Earnings Release
Selerity Research • Mon, Apr 15 • 1 Comment
The Fed Rudely Reinserts Itself Back Into The Conversation
Daniel Sckolnik • Mon, Feb 25 • 3 Comments
Equal-Weight Semiconductor ETF Leads The Pack
Tom Lydon • Thu, Feb 21 • 1 Comment
Mobile Devices Boost Test Demand At Teradyne
Todd Campbell • Tue, Jan 29 • 1 Comment
Ahead Of Intel Earnings, S&P Looks At Chip ETFs
Benzinga • Thu, Jan 17
Relative Strength Of Semiconductors
Bespoke Investment Group • Thu, Nov 29, 2012
Technology Sector: Hidden Signs Of Promise
Eric Parnell • Wed, Nov 21, 2012 • 1 Comment
VIX - Options Volatility Sonar: Wednesday Recap
Erick McKitterick • Wed, Oct 31, 2012 • 5 Comments
What Happened To Semiconductors?
Bespoke Investment Group • Thu, Oct 25, 2012 • 4 Comments
Best And Worst ETFs And Mutual Funds: Information Technology Sector
David Trainer • Wed, Oct 24, 2012
Rating Breakdown: Best And Worst ETFs, Mutual Funds By Sector
David Trainer • Tue, Oct 23, 2012 • 5 Comments
Which ETFs Performed Best During QE2?
Chris Ciovacco • Thu, Sep 13, 2012 • 6 Comments
Knee-Jerk Fed Reaction Doesn't Add Up
Mercenary Trader • Thu, Aug 23, 2012 • 49 Comments
Semis Say 'What Economic Slowdown?'
John Helzer • Mon, Aug 6, 2012 • 2 Comments
A 2-Sector Long-Short Trade
Skyler Greene • Thu, Jul 19, 2012 • 1 Comment
Best And Worst ETFs And Mutual Funds: Information Technology Sector
David Trainer • Wed, Jul 18, 2012

There are no Transcripts on SMH.

Big Dividend Boost Grabs Cramer's Attention

at CNBC.com (Mar 6, 2013)
Cramer: This Semiconductor Stock Likely Bottomed

at CNBC.com (Jan 25, 2013)
The Technical Indicator: Nasdaq, S&P confirm the 2012 uptrend

at MarketWatch.com (Mar 27, 2012)
Don't Be Fooled, Additional S&P Decline Coming: Pro Traders

at CNBC.com (Mar 7, 2012)
The Technical Indicator: S&P 500’s golden cross supports bull view

at MarketWatch.com (Jan 31, 2012)
Stock Analysts More Bullish Than Market Forecasters

at CNBC.com (Jan 3, 2012)
'Raging' Bull Market Set to Begin in 12-18 Months: Strategist

at CNBC.com (Dec 16, 2011)
The Technical Indicator: Nasdaq, Dow hesitate at the 200-day average

at MarketWatch.com (Oct 25, 2011)
S&P Range Bound, but Cisco Breaking Out?

at CNBC.com (Oct 13, 2011)
Micron, Barnes & Noble, Retail: What's the Word on the Street?

at CNBC.com (Sep 29, 2011)
Are Stocks Cheap Enough Yet?

at CNBC.com (Sep 23, 2011)
The Technical Indicator: S&P, Nasdaq edge atop major resistance

at MarketWatch.com (Sep 20, 2011)
Options Action: Semis

at CNBC.com (Sep 14, 2011)
Pete Najarian: Tech Momentum Moving to the Upside

at CNBC.com (Sep 14, 2011)
Just a Bounce or the Bottom?

at CNBC.com (Sep 7, 2011)
Jon Najarian: S&P Has Made Double Bottom Lows At 1136

at CNBC.com (Sep 7, 2011)
Chuck Jaffe: ETFs claim another fund industry victim

at MarketWatch.com (Aug 28, 2011)
Apple Vs Semis: Who's Telling the True Tech Story?

at CNBC.com (Jul 12, 2011)
Halftime: Gaming the Chip Trade

at CNBC.com (Jun 8, 2011)
Halftime: Goldman Pulling the Rug out from Under Tech Bulls?

at CNBC.com (May 19, 2011)

SMH vs. ETF Alternatives

SMH Description

The Market Vectors®Semiconductor ETF (SMH) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (MVSMHTR). The Index is a rules-based index intended to track the overall performance of 25 of the largest U.S. listed, publicly traded semiconductor companies.
See more details on sponsor's website

Sector: Technology

Country: United States

Key Info

In Your Portfolio: A Guide to Sector ETFs, Technology ETFs
Asset Class Performance: Sectors

All
| Earnings
| Dividends
| M&A
| On the move

Monday, May 6, 2:05 PM Global chip sales rose 0.9% Y/Y in March, the SIA estimates. That's down slightly from Feb.'s 1.4% Y/Y growth, as PC and (to a lesser extent) IT hardware weakness offset smartphone/tablet strength. Sales were also up 0.9% Y/Y for the whole of Q1. Comment! [Tech]
Thursday, April 25, 8:28 PM Samsung Electronics (SSNLF.PK) says its Q1 profit rose 42% to a record high on strong smartphone sales. Net profit rose to a record KRW7.15T ($6.4B), up from KRW5.05T a year earlier. Operating profit rose 54% to KRW8.8T from KRW5.7T. Sales rose 16.8% to KRW52.9T from KRW45.3T, coming in in line with the company's guidance of KRW51T to KRW53T. The results stand in stark contrast those of Apple (AAPL), which earlier this week reported its first profit drop in a decade and forecast margins to decline in the current quarter ending in June. 95 Comments [Tech, Earnings, Global & FX]
Wednesday, April 24, 12:28 PM Are wireless chip stocks decoupling from Apple? Even with Apple off slightly as bleak June quarter guidance outweighs fresh capital returns, iPhone/iPad combo chip supplier Broadcom (BRCM +6.6%) is surging thanks to a Q1 beat and strong Q2 guidance, and is helping out some peers - QCOM +1.4%, SWKS +2.6%, INVN +1.8%, SNDK +1%. During its earnings call, Broadcom, which also provides combo chips for many Samsung phones, stated mobile chip sales only fell 1.6% Q/Q in seasonally weak Q1, and forecast sequential growth for the business (Apple-dependent Cirrus Logic sure isn't doing the same). Qualcomm reports after the close. 4 Comments [Tech, Earnings, On the Move]
Wednesday, April 17, 12:26 PM Chip stocks have a rough day (SOXX -2.8%) following Cirrus Logic's warning, light guidance from Linear Technology (LLTC -4.6%) to go with a Q1 beat - Linear sees 1%-4% Q/Q revenue growth for calendar Q2, below a 4.7% consensus - and ho-hum Q1 results/Q2 guidance from Intel. Apple suppliers Broadcom (BRCM -4%), Avago (AVGO -5.5%), STMicroelectronics (STM -6.7%), NXP (NXPI -7%), RF Micro (RFMD -2.8%), and OmniVision (OVTI -3.3%) are among the casualties, but they're far from alone. ANAD -6.2%. STM -5.7%. FSL -5%. ADI -4.5%. TXN -4.4%. Comment! [Tech, On the Move]
Thursday, April 11, 5:48 PM "The move to digital audio/video and the rise of powerful smartphones/tablets is shrinking the overall [semiconductor addressable market]," writes Barclays' Blayne Curtis in a gloomy note about chip stocks influenced by ugly Q1 PC data. "The growth profile in semis is much slower than many expect (low single digits vs. the 7-8% 20yr trend line)." Curtis has cut Broadcom (BRCM) by two notches to Underweight on a belief its combo chip business could be hurt by integrated platforms (ed: Broadcom seems to have a tech edge for now), but has left his other ratings intact. Comment! [Tech]
Wednesday, April 3, 8:00 AM Something for the technicians to have a look at is this chart from ukarlewitz noting small-caps (IWM) have joined the industrials (XLI) and semiconductors (SMH) in slipping below their long-term uptrend line. Oversold in an uptrend tends to get bought, he says. It's a key time. 3 Comments
Monday, April 1, 11:42 AM Chip stocks underperform (SOXX -1.5%) after the SIA reports industry sales fell 8.9% M/M and 3.8% Y/Y in February. Bernstein points out the M/M drop is much worse than a 3.4% historical average. Microprocessor sales are estimated to have fallen 14% M/M, but the fact Intel (INTC -2%) and AMD (AMD -1.2%) no longer provide data to the SIA affects the reliability of that number. Memory sales (inc. DRAM and NAND) grew thanks to both higher bit shipments and prices. 1 Comment [Tech]
Thursday, March 28, 8:40 PM Just 3 chip manufacturers - Intel (INTC), Samsung (SSNLF.PK), and TSMC (TSM) - will account for 57% of 2013 chip industry capex, estimates IC insights. That figure, up from 2012's 54%, drives home the extent chip equipment maker fortunes now hinge on the spending plans of a handful of firms, and also the big lead the industry giants have opened up in economies of scale relative to smaller rivals. IC Insights expects total industry capex to grow 2% this year to $59.8B, after falling 11% last year. 1 Comment [Tech]
Friday, February 22, 2:03 PM Chip stocks are outperforming (SOXX +2%) in the wake of Marvell's FQ4 beat and solid guidance, and Texas Instruments' dividend/buyback hike. Also norteworthy: 1) SEMI estimates the book-to-bill for North American chip equipment makers rose to 1.14 in January; that's up from 0.92 in December, and the first reading above 1 since May '12. 2) Taiwanese analog chipmakers posted strong January sales thanks to demand from LED and smartphone clients; the results could be a positive leading indicator. Comment! [Tech, On the Move]
Friday, February 1, 1:34 PM Telecom chipmakers Cavium (CAVM +7.5%) and PMC-Sierra (PMCS +13.7%) soar after delivering Q4 beats (I, II), and contribute to a decent rally in chip stocks (SOXX +1.9%). Cavium guided on its Q4 call for Q1 revenue of $68.5M-$70.5M and EPS of $0.17-$0.19 vs. a consensus of $69.1M and $0.17. PMC guided on its call for Q1 revenue of $123M-$132M, largely above a $124.7M consensus. The numbers come amidst growing optimism (I, II) about 2013 telecom capex. Peers Broadcom (BRCM +2%), Marvell (MRVL +3.1%), and LSI (LSI +4.7%) are all doing well. Comment! [Tech, Earnings, On the Move]
Thursday, January 24, 9:59 AM Leading IT hardware/component distributor Avnet (AVT +4.9%), often seen as a tech bellwether, is moving higher after easily beating FQ2 estimates. FQ3 guidance is for revenue of $5.95B-$6.55B and EPS of $0.81-$0.91, mostly above a consensus of $5.95B and $0.78. On a pro forma basis, chip sales fell 2.2% Y/Y and hardware sales 9.6%. Asia delivered positive growth for both segments, while the opposite held for the Americas and EMEA. Arrow (ARW +3.1%) is up in sympathy. CC at 2PM ET (webcast). (PR) (CFO review) Comment! [Tech]
Thursday, January 17, 1:19 PM TSMC (TSM +2.5%) has hit levels last seen during the Dot.com bubble after delivering an in-line Q4 report (revenue was already known thanks to monthly reports) and guiding for a smaller Q/Q sales drop for seasonally weak Q1 than was expected. The world's top chip foundry claims 22% of Q4 wafer sales involved its cutting-edge 28nm process - TSMC struggled with 28nm yield issues earlier in 2012. Chip stocks are getting a lift from the report (SOXX +1.4%), and from ASML's guidance. Comment! [Tech, Earnings, On the Move]
Wednesday, January 16, 2:19 PM Chip stocks are outperforming (SOXX +1.1%) in spite of receiving soft top-line numbers from Linear Tech (LLTC +1.4%): the chipmaker missed FQ2 revenue estimates and guided for FQ3 Q/Q revenue growth of 1%-4%, below a 5% consensus. S&P 500 chip companies are already expected to post a 28.7% Y/Y earnings drop for calendar Q4 (per Thomson Reuters), thus expectations are quite low. Intel (INTC +0.9%) reports tomorrow: the consensus revenue forecast of $13.51B is below the midpoint of the chip giant's $13.1B-$14.1B guidance range. Comment! [Tech, On the Move]
Friday, January 11, 2:17 PM A day after TSMC (TSM -0.1%) reported healthy December sales, occasionally-accurate Digitimes writes "industry watchers" expect TSMC to report a 7%-11% Q/Q sales drop for seasonally weak Q1, a range largely below estimates. Top clients such as QCOM, BRCM, TXN, and NXPI have reportedly "started to slow down orders" due to inventory adjustments," and wafer starts for MediaTek and Spreadtrum (SPRD) are seen falling 10%-20%. It's worth noting the article follows multiple reports of iPhone chip order cuts - several TSMC clients are iPhone suppliers. Comment! [Tech]
Thursday, January 10, 11:24 AM TSMC (TSM +2.3%) provides some cheer for chip stocks by announcing sales for the seasonally weak month of December were NT$37.1B ($1.28B), -16% M/M but +19% Y/Y. That leads total Q4 sales to amount to NT$131.3B, slightly above guidance of NT$129B-$131B. TSMC's 28nm manufacturing process lead and strong exposure to Apple/Samsung suppliers helped it gain chip foundry share in 2012. (previous) 1 Comment [Tech, On the Move, Earnings]
Friday, January 4, 4:03 PM In what could be a sign chip stocks have more than priced in their fill of bad news, Freescale (FSL +0.5%), a pretty diversified chipmaker, has closed higher in spite of being hit with a downgrade to Neutral from JPMorgan. The firm notes Freescale has rallied 55% from its Nov. bottom (shares are still well below their 52-week high), and thinks "persistent weakness" in automotive, networking, and industrial chip sales will lead to just 3% revenue growth in 2013. CEO Gregg Lowe provided a cautious outlook on chip demand last month. Comment! [Tech, Quick Ideas]

Option Millionaires
Relative strength analysis makes the $QQQ and semis $SMH look strongest http://seekingalpha.com/a/v1bx
Tue, 10:31 AM
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whidbey
$ONEQ,$NYC,$SMH,$VSS,$XLF, all look to be real in a move up.
Feb 3, 7:07 PM
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Brandon Gibbs
Starting to watch SMH and the likes..
8/5/12
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TruffelPig: Play it indirect with CGNX and the likes
8/5/12
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Ryan Mallory
Six Swing-Trades In A Tired Market $BIG $CINF $SMH $MUR $DENN $RGR http://bit.ly/xX4Dj4
3/5/12
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Chines33
Can you say short SMH
12/8/11
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Chines33: Guess I will get a chance to buy my second portion of QCOM lower...original 53.84
12/8/11
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cheme: Better yet, short USD. As levered ETFs decay anyway.
12/8/11
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Ryan Mallory
14 Stocks Gaining Momentum http://bit.ly/qsTj3m CBRL IAG IBB KS KSS LRCX MLHR MTN PEET QCOM RELL SMH TXN XLK
9/27/11
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whidbey
Detour for Greek week. Expect SMH to lead higher, but not a rally, just a move. I am defensive in dividend stocks expecting wipeout in Oct.
9/14/11
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Dr. Kris
Semis on a roll: Semiconductor ETFs breaking out--SOXX yesterday & SMH today. Robust options on the SMH.
9/14/11
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Nigam Arora
EFZ, EWU,FAZ,FEU, FXF, FXP, FXY, GLD,JJG, KRS, OIH, SBB, SEF, SH, SLV, SMH, SMN, TBF, TBT, TLT, TWM, UUP, XLK, ZSL http://bit.ly/pQv0mM
8/6/11
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Nigam Arora
EFZ, EWU,FAZ,FEU, FXF, FXP, FXY, GLD,JJG, KRS, OIH, SBB, SEF, SH, SLV, SMH, SMN, TBF, TBT, TLT, TWM, UUP, XLK, ZSL http://seekingalpha.com/a/63ht
8/4/11
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LATEST REPLIES

Brandon Gibbs
Starting to watch SMH and the likes..
8/5/12
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TruffelPig: Play it indirect with CGNX and the likes
8/5/12
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Chines33
Can you say short SMH
12/8/11
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Chines33: Guess I will get a chance to buy my second portion of QCOM lower...original 53.84
12/8/11
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cheme: Better yet, short USD. As levered ETFs decay anyway.
12/8/11
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SMH Market Vectors Semiconductor ETF

SMH

Market Vectors Semiconductor ETF