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Technology Stocks : Semi Equipment Analysis
SOXX 309.36+2.2%Dec 3 4:00 PM EST
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From: Donald Wennerstrom2/28/2018 7:16:43 PM
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Sam

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I'm sorry for this post, but someone had to do it.<g> Does everyone remember the week ending 11/24, and then the following Monday morning, 11/27, when Morgan Stanley wrote the prognosis that the "peak" was reached for the chip stocks and it was time to "bail out".

Well, I couldn't help it, but that was 3 months and 4 days ago so I decided to look at the results from then to now. Not a pretty sight really. The SOXM is down -1%, the SOX is up 1.5%, and the SMH is up 0.7%. Really a "flat" performance for over a 3 months period. So far, for the 3 days this week, the bottom line numbers are near the "zero" line. The table shows 24 stocks up and 24 stocks down, some big names in the red.

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