Category Archives: SOXS-25-10

Cisco Systems … Short Side

September 5, 2025 By in CSCO, CSCO-25-01, Positions, SOXS, SOXS-25-10, SOXX, Up-Thrust

Big Reversal?

It was a very busy Friday, hence the reason for the late update.

One short position closed (SOXS-25-10) and five more opened.

Cisco Systems was one of those five (not advice, not a recommendation).

Earnings for CSCO, were released in mid-august; market reaction was a swift move lower.

From the earnings, everything seems to be good.

However, at this juncture, that’s not what the market is saying (at least for now).

Cisco Systems CSCO, Daily

Note:

As a general rule (for my firm), on any initial position, the implied stop for that position is that day’s session high or low depending on long or short.

In the case above, that means a ‘buy-to-cover’ stop at the day’s high of CSCO 68.10 (not advice, not a recommendation).

Other (short) positions to be reviewed over the weekend.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Boradcom Blow-Off?

September 4, 2025 By in Artificial Intelligence, AVGO, NVDA, Positions, Semiconductors, SOXS, SOXS-25-10, SOXX 5 Comments

Watch for Tomorrow

As of this post (6:41 p.m., EST), Broadcom (AVGO) is trading up about 11.50-pts at 317.6, after its earnings release, link here.

That level is just above the all-time (regular session) high of 317.35, posted on August 13th.

In the SOXX, Broadcom is No.2, market cap, right behind Nvidia. So, the SOXX, is up as well in the after-hours.

It’s interesting to note that sister-stock, Nvidia has not rallied in sympathy.

In fact, it’s trading slightly lower after-hours.

As the tagline says, we’ll be watching closely tomorrow.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SOXX … Between A Rock

September 3, 2025 By in Artificial Intelligence, Positions, Semiconductors, SOXS, SOXS-25-10, SOXX, Up-Thrust, Wyckoff

… And The Hard Place

As the chart shows, the SOXX has been struggling for weeks in the resistance zone.

From that chart, one question to be asked, did the overnight and early session fill the gap?

The other question, did the Nvidia earnings release change the dynamic of the sector?

Reading price action since then, in real time, the answer seems to be yes (not advice, not a recommendation).

Semiconductors SOXX, Weekly

As of this post (10:35, a.m., EST), the SOXX is struggling to post higher … but it’s not happening.

There’s a lot of congestion around the resistance zone. In Wyckoff terms, he calls this price action ‘Cause’.

Meaning, that if we break materially lower from here, it’s called ‘Effect’.

His point being, since there’s sufficient cause for a sustained move, if/when it happens, we’re to expect a corresponding effect (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279