Befriend the Trend Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Befriend the Trend Trading

SPY 680.28

-0.5%

Dec 1 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Dr. Stoxx	12/22/2005 8:35:59 AM
	of 39683

08:34 JP Morgan on Semi Equipment: sector historically rallies from Dec-Jan 31; likes LRCX, VSEA JP Morgan notes that historically, the Semi Index (SOX) has bottomed in mid-December and rallied strongly through January. The average SOX return from Dec-Jan has been +16% in the past 11 years, with three relatively mild down periods of -2% to -5%. The firm highlights Lam (LRCX 34.89) and Varian Semi (VSEA 42.83) as its two top picks in advance of the seasonally strong period. Both exhibit share gain momentum, high leverage to flash, and top tier business models. From the Dec-Jan 31 over the past 11 years, Lam and Varian have risen an average of 32% and 40%, respectively.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next