SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Donald Wennerstrom8/5/2017 5:04:07 PM
3 Recommendations

Recommended By
Gottfried
Kirk ©
Return to Sender

  Read Replies (2) of 95530
 
So here is a "blast from the past". The semis have come a long way from the week ending 20 Feb 2009 when a major bottom was found. I tried to go back and give a pointer to the post documenting the event, but when finding the post, the text was there, but not the tabular results. I tried several other posts in that time period, but the results were the same, text but no table.

Anyway, I still have the data archived so this is the recreated table. Note the extreme carnage throughout the table. Bottom line Current Year estimates are negative -5.76. Next Year is only +2.84. Earnings estimates were still going down for several stocks. Most of all, note the closing prices and the right most column that shows the loss for the week with all stocks down "big time". The SOX closed at 197.28, down -11% for the week. The NASDAQ closed at 1441.23, down -6%.

This week marked the beginning of a major uptrend which is still ongoing with current earnings estimates at all time highs.(See the data posted this week).

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext