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Technology Stocks : Semi Equipment Analysis
SOXX 343.07-0.5%Jan 26 4:00 PM EST

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To: John Pitera who wrote (75335)4/9/2017 7:53:34 PM
From: Donald Wennerstrom  Read Replies (4) of 95765
 
No question, NVDA has been in "nosebleed" territory for some time until lately(and still there really). The stock has had an unbelievable run in 2016 gaining over 200%. Only AMD in the SOXM did somewhat better as shown in the table and chart. The last 3 months has shown a downtrend that could play out over the next few weeks. Just have to wait and see what happens.

As your chart shows, the SOX is "rockin". It is struggling a little at the 1000 area, but who knows, it may have more "room to run".

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