NASDAQ:MPWR

I have not been buying more shares this year.

The next stock on the list is Monolithic Power Systems, ticker symbol MPWR.

My projected annual income is a hundred and seventy-three dollars and thirty-eight cents.

I own twenty-one point six shares of the stock, which is five point two six percent of my portfolio.

What about the institutional chip names? So the 20% study lights up semis.

ONTO at $327.74, MPWR at $1,439.73, ADI at $417.15, all sitting at demand.

Mm-hmm.

And SMH? SMH is at $630.60, right under a supply shelf at $632.34 to $633.60.

Give me numbers.

TXN up 4.7, MPWR up 5.9, ARM up 5.1, AMKR up 6.3. Oh wow, so sector tailwind plus individual strength.

That combination is why they held instead of just drifting.

And Tesla, that was continuation too.

Our continuation scan fired 21 signals.

ADI, CRDO, LRCX, TXN, MPWR.

And the other two scans were chip-heavy too.

Why so concentrated?