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Technology Stocks : Semi Equipment Analysis
SOXX 342.47+1.6%Jan 16 4:00 PM EST
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To: Donald Wennerstrom who wrote (77934)11/29/2017 10:34:53 AM
From: Sam3 Recommendations

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seminole
The Ox

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I am not sure, but it may have to do with the fact that many semiconductor companies already have effective tax rates under 20% and may actually lose under this tax bill if it becomes law due to the elimination of exemptions.

Just a speculation. A lot of people have huge gains in these stocks and the down draft could easily be tripping a lot of stops on the way down.

Also, apparently Fidelity is having computer problems. I can't log in or trade and I'm sure plenty of others can't as well.
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