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Technology Stocks : Semi Equipment Analysis
SOXX 301.15-1.2%Dec 31 4:00 PM EST
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To: Donald Wennerstrom who wrote (76052)6/24/2017 11:46:29 AM
From: Donald Wennerstrom2 Recommendations

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Sam

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This is the same SOXM data as the last post, but this time it is sorted by PE.

Note that MU with a 6.3% gain this week has moved to a PE of 6.1 from 5.8 last week. It is really getting into rarefied territory now. Have to look for a pullback here. Need some more bears coming out here with negative articles talking about a peak at this point with a down cycle lurking right around the corner. Time to get out now while you still can.:-)

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