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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST

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oldbeachlvr
Sam
Sr K
To: Sam who wrote (84668)2/27/2020 5:54:00 PM
From: Return to Sender3 Recommendations  Read Replies (1) of 95530
 
2 New 52 Week Highs on the NDX (Both are Biotech companies that investors might believe can help with the coronavirus) And 12 New 52 Week Lows on the NDX.

I can't help but wonder if the health concerns due to the coronavirus won't limit the production of semiconductors of all kinds. If demand remains reasonably stable then prices for individual chips must rise. Of course demand will likely fall if consumer pull back on spending. Time will tell. That said I personally am looking for an opportunity to buy into fire sale opportunities. Despite the recent selling we are not there. Not even close. New Highs and Lows below:

New High New Low
GILD AAL
REGN ALXN

BKNG

CHKP

CSCO

DLTR

HAS

ILMN

MAR

UAL

WBA

XLNX


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