To gain an edge, this is what you need to know today.

The Lifeblood 

Please click here for a chart of semiconductor ETF ().

Note the following:

  • Semiconductors are the lifeblood of the new economy.
  • Oil is the lifeblood of the old economy.
  • The chart shows that semiconductors have broken out.
  • RSI on the chart shows that there is more room to run.
  • Semiconductors have often been the predictor of where the stock market goes next.
  • The breakout in some semiconductors augurs well for the stock market.
  • The stock market is in a seasonally strong period.