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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST

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From: pcyhuang6/2/2012 8:14:05 AM
2 Recommendations  Read Replies (2) of 95530
 
The Capitulation of Bad Economic News?

We can't recall a worse week for US economic indicators. While it was only a four-day week, there were a large number of indicators released -- 21 to be exact. As shown below, of the 21 releases, a whopping 18 came in weaker than expected! Just 1 out of the 21 indicators came in stronger than expected. With US economic data completely collapsing this week, and the euro and gold rallying on Friday as US stocks tanked, could this week be the capitulation of bad economic news?



Source: Bespoke Investment. com
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