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Technology Stocks : Semi Equipment Analysis
SOXX 299.67+1.5%Nov 12 4:00 PM EST

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To: The Ox who wrote (71439)2/6/2016 4:43:39 PM
From: Donald Wennerstrom3 Recommendations

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The Ox
Woody_Nickels

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I agree with you.
Simply as a matter of perspective, I'd say that it's too early to say that this cycle has put in it's top.
At the moment the trend is down, especially since the first of the year 2016. However, even though their are a lot of negatives out there and some positives, it is not clear which will win out over the next few months. The market will decide for us.

This is the updated table for the SOXM stocks and major indices since 7/4/14 compared to Friday's close. A 19 month period where the bottom line numbers are all red. Even the NASDAQ is in the red,-2.7%. The SOX is down -9.9%. Seventeen of the 34 stocks are down in the double digits, only 6 stocks up in double digits. This is quite a pullback over a 19 month period.

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