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Technology Stocks : Semi Equipment Analysis
SOXX 333.30+0.9%Jan 13 4:00 PM EST

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To: Donald Wennerstrom who wrote (56801)7/6/2012 6:11:22 PM
From: Donald Wennerstrom3 Recommendations  Read Replies (1) of 95713
 
This is the weekly update of the 13 week rolling quarter for the SOXM stocks in terms of percent change.

While the overall results improved slightly from last week, the change was not very much. It was not enough to get any of the SOXM stocks into the green. The SOXM and SOX were down 13.7 and 11.1 percent.

After the week of 5/18, the results have bottomed out to some extent and a rather "flat" bottom has attempted to form. June had a nice uptick, but the 1st week in July has been down. Based on the recent news the retrenchment may have further to go or at least may continue a sideways channel movement.

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