T'is the Season to be techie, Fa la la la la la la la la

So as you know I bought some ARM Holdings (ARMH) earlier today as now is the time for tech, semiconductor's especially. Out of the past 10 years, in 9 of them, this is the exact week that tech has started to rally. In other words, t'is the season! Let's check out a chart of the Philadelphia Semiconductor Index (SOX):

You can see a very bullish "reverse head and shoulders" pattern (one of the most bullish patterns chartists follow) that we have just broken out from (Figure A). The fact that these guys make the chips that run all the fancy iOS and Android gadgets we'll be buying for a loved ones this holiday season makes the whole damn sector a screaming buy.

This is not a recommendation to buy or sell any securities. DAK was long ARMH at time of publication but positions can change at anytime.