Targets and Caution Ahead for Chip Stocks

[] And the December Jobs Report [] [] [] Targets and Caution Ahead for Chip Stocks, and the December Jobs Report The monthly jobs report is out this morning in the pre-market. Did we maintain the 4.1% unemployment rate or are we seeing further weakness creep into the jobs market? [Come join me as we dive in and see what’s moving!]( Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. — — — Targets and Caution Ahead for Semiconductors When it comes to trading the semiconductor ETF (SMH) — which was the free trade idea we gave away in Thursday’s newsletter — we’re looking at a mix of opportunity and caution. Here’s the trade idea again if you missed it: Thursday’s Daily Chart Setup: VanEck Semiconductor ETF (SMH) [] This idea came directly from my Daily Chart Setup that automatically signals potential plays. • SMH is a new potential entry. Target: 266.33 Stop below: 233.17 • SMH has a historical win rate of 90.91% • SMH has a profit factor of 8.801 • SMH trades last 34 trading days on average over 22 trades since 2000. This ETF has shown significant moves recently, but as always, trading isn’t about chasing the highs — it’s about understanding where we are in the cycle and what’s realistic for risk management. Right now, SMH is testing some critical levels. After a strong run, it recently closed above the 61.8% Fibonacci retracement level, which is often a bullish signal. But here’s where the caution comes in — it’s already rejecting that level, and I wouldn’t be surprised if we see a retrace before the next major move higher. Based on the tools I’ve been using, the initial target for SMH sits at $266.33, while the stop-loss should be placed below $233.17. This setup gives us a potential upside of $13, which, while attractive, comes with risks. Historically, trades in this range have about a 90% win rate, based on 22 similar setups. However, the average duration for these trades is about 34 days — meaning patience is key. Now, if you’re trading options, you might want to give yourself a bit more time. Options need a cushion to account for volatility. While 34 days is the average, these trades can last up to twice or even three times that duration, depending on market conditions. Here’s the thing about SMH… It’s tied to the broader Technology sector (XLK), which has been a leader this year, up about 26% YTD. But we’re seeing signs that the momentum could slow. If SMH fails to hold above $233, it could indicate the start of a bigger pullback. And if you’re thinking about doubling down on a losing trade — don’t. The market doesn’t care about your conviction. If the stop gets hit, move on to the next opportunity. Leverage adds another layer of risk to this trade. If SMH takes a dive, any leveraged positions tied to it will drop even faster. The point isn’t to avoid risk altogether — it’s to manage it. Semiconductors have been one of the strongest subsectors in tech, but no trend lasts forever. Final Thoughts SMH has shown it can deliver big moves, but it’s not immune to reversals. The roadmap here is clear — watch the levels, know where you’re wrong, and don’t overstay your welcome. A break below $233 changes the game entirely. Be smart, and if the trade goes against you, take your lumps and move on. The market always has another opportunity waiting. You just need the discipline to find it. Today’s Daily Chart Setup: Mesa Laboratories (MLAB) [] This idea came directly from my Daily Chart Setup that automatically signals potential plays. • MLAB is a new potential entry. Target: 146.71 Stop below: 96.9 • MLAB has a historical win rate of 90.91% • MLAB has a profit factor of 9.232 • MLAB trades last 102 trading days on average over 22 trades since 1984. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. You can find full details on exactly how this works by scrolling down further in this newsletter. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube! [‘Morning Monster’ Is Starting NOW!]( [] I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And be sure to hit that Subscribe button on my YouTube page! [] _____________________________________________________ [] Target Trades Last 60 Minutes or Less Have you ever wondered if there’s a way to target payouts without trading the “‘regular”’ way — and more importantly, if you can target these payouts in under an hour? Well, with a special system I call the “60-minute surge,” you can do exactly just that... And it doesn't just work once a day even twice — but you could get a shot at it for up to 10 different times! Which means you could [target more opportunities in a day]( than the regular buy-and-hold trader could gain on a stock in one year. Naturally, no one can promise future returns or against losses, but I've mapped out exactly how to use the 60-minute surge to target opportunities, and how you can start using them — plus three free trades it recommended. So if you wouldn’t like to miss out on anything… [See the Complete Breakdown]( [] _____________________________________________________ [] How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! [You can grab my Market Roadmap Indicator here for just $5]( — less than a cup of coffee at most places! [] Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! [Please check out my channel and hit that Subscribe button!]( I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. [] Targets and Caution Ahead for Chip Stocks, and the December Jobs Report The monthly jobs report is out this morning in the pre-market. Did we maintain the 4.1% unemployment rate or are we seeing further weakness creep into the jobs market? [Come join me as we dive in and see what’s moving!]( Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. — — — Targets and Caution Ahead for Semiconductors When it comes to trading the semiconductor ETF (SMH) — which was the free trade idea we gave away in Thursday’s newsletter — we’re looking at a mix of opportunity and caution. Here’s the trade idea again if you missed it: Thursday’s Daily Chart Setup: VanEck Semiconductor ETF (SMH) [] This idea came directly from my Daily Chart Setup that automatically signals potential plays. - SMH is a new potential entry. Target: 266.33 Stop below: 233.17 - SMH has a historical win rate of 90.91% - SMH has a profit factor of 8.801 - SMH trades last 34 trading days on average over 22 trades since 2000. This ETF has shown significant moves recently, but as always, trading isn’t about chasing the highs — it’s about understanding where we are in the cycle and what’s realistic for risk management. Right now, SMH is testing some critical levels. After a strong run, it recently closed above the 61.8% Fibonacci retracement level, which is often a bullish signal. But here’s where the caution comes in — it’s already rejecting that level, and I wouldn’t be surprised if we see a retrace before the next major move higher. Based on the tools I’ve been using, the initial target for SMH sits at $266.33, while the stop-loss should be placed below $233.17. This setup gives us a potential upside of $13, which, while attractive, comes with risks. Historically, trades in this range have about a 90% win rate, based on 22 similar setups. However, the average duration for these trades is about 34 days — meaning patience is key. Now, if you’re trading options, you might want to give yourself a bit more time. Options need a cushion to account for volatility. While 34 days is the average, these trades can last up to twice or even three times that duration, depending on market conditions. Here’s the thing about SMH… It’s tied to the broader Technology sector (XLK), which has been a leader this year, up about 26% YTD. But we’re seeing signs that the momentum could slow. If SMH fails to hold above $233, it could indicate the start of a bigger pullback. And if you’re thinking about doubling down on a losing trade — don’t. The market doesn’t care about your conviction. If the stop gets hit, move on to the next opportunity. Leverage adds another layer of risk to this trade. If SMH takes a dive, any leveraged positions tied to it will drop even faster. The point isn’t to avoid risk altogether — it’s to manage it. Semiconductors have been one of the strongest subsectors in tech, but no trend lasts forever. Final Thoughts SMH has shown it can deliver big moves, but it’s not immune to reversals. The roadmap here is clear — watch the levels, know where you’re wrong, and don’t overstay your welcome. A break below $233 changes the game entirely. Be smart, and if the trade goes against you, take your lumps and move on. The market always has another opportunity waiting. You just need the discipline to find it. Today’s Daily Chart Setup: Mesa Laboratories (MLAB) [] This idea came directly from my Daily Chart Setup that automatically signals potential plays. - MLAB is a new potential entry. Target: 146.71 Stop below: 96.9 - MLAB has a historical win rate of 90.91% - MLAB has a profit factor of 9.232 - MLAB trades last 102 trading days on average over 22 trades since 1984. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. You can find full details on exactly how this works by scrolling down further in this newsletter. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube! [‘Morning Monster’ Is Starting NOW!]( [] I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And be sure to hit that Subscribe button on my YouTube page! [] _____________________________________________________ [] Target Trades Last 60 Minutes or Less Have you ever wondered if there’s a way to target payouts without trading the “‘regular”’ way — and more importantly, if you can target these payouts in under an hour? Well, with a special system I call the “60-minute surge,” you can do exactly just that... And it doesn't just work once a day even twice — but you could get a shot at it for up to 10 different times! Which means you could [target more opportunities in a day]( than the regular buy-and-hold trader could gain on a stock in one year. Naturally, no one can promise future returns or against losses, but I've mapped out exactly how to use the 60-minute surge to target opportunities, and how you can start using them — plus three free trades it recommended. So if you wouldn’t like to miss out on anything… [See the Complete Breakdown]( [] _____________________________________________________ [] How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! [You can grab my Market Roadmap Indicator here for just $5]( — less than a cup of coffee at most places! [] Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! [Please check out my channel and hit that Subscribe button!]( I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](