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Technology Stocks : Semi Equipment Analysis
SOXX 312.18-0.2%Dec 9 4:00 PM EST

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To: Sam who wrote (80960)9/5/2018 12:28:46 PM
From: Donald Wennerstrom1 Recommendation

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While Micron has been "punished" for the past several months, AMAT and LRCX have also been punished as shown over the weekly tables assessments. Also charts of course for these stocks show the same thing. Look at the table just posted this past weekend showing MU, LRCX, and AMAT in the top 3 spots.

Various articles have attempted to explain what is going on, and maybe they do in aggregate, but it still seems to make little sense to me. All three companies are doing very well and making lots of money. The only problem they seem to have is they are in the "memory" business. AMAT and LRCX provide the equipment to make memory and Micron sells it.

The new "buzzword" for the poor price performance is trade wars. What a bunch of nonsense, but the market is responding to it. When will it get better? - hard to know. One thing about the market, it is a very emotional place that is easily manipulated.

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