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Technology Stocks : Semi Equipment Analysis
SOXX 330.35+0.5%Jan 12 4:00 PM EST
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To: stox19 who wrote (2019)2/19/2002 3:56:25 PM
From: Michael Young  Read Replies (1) of 95708
 
Everyone knows the BTB pretty much has to trend higher for now, so I'm not sure it will be enough to juice the SOX.

There sure aren't many analysts who haven't already upgraded the group.

Institutions are in a quandry with these stocks. They expect a recovery and past recoveries have led to huge moves in the stocks. But this time the stocks have already priced in a nice recovery. So we could see a lot of investors pissed because when the SOX goes flat or down even as the BTB rises every month.

MIKE
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