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Technology Stocks : Semi Equipment Analysis
SOXX 292.04+2.4%4:00 PM EST

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To: Donald Wennerstrom who wrote (56589)6/15/2012 5:15:58 PM
From: Donald Wennerstrom1 Recommendation  Read Replies (1) of 95609
 
This is the weekly update of the 13 week rolling quarter for the SOXM stocks in terms of percent change.

At first glance the picture if "depressing", but it is better than last week. However, all final numbers are all in the yellow or red. The SOX has been taking a big beating over the period, down 13.8 percent. Looking at the last 4 weeks, the trend has been to the upside. This may be a "basing" period from which the trend might continue to the upside for the near term. It all depends on Greece and the Fed.

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