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Technology Stocks : Semi Equipment Analysis
SOXX 288.52-0.3%Nov 14 4:00 PM EST

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Sam
The Ox
To: The Ox who wrote (85930)11/17/2020 11:01:04 AM
From: Return to Sender2 Recommendations  Read Replies (1) of 95422
 
I too am actually hoping for a pullback in the stocks associated with the SOX perhaps to the the 20 week simple moving average on this weekly chart. The rally in stocks has certainly broadened out on news of a potential vaccine returning the economy to something resembling normalcy. Unless the FED backs off on its support of the stock market any pullback might be less than I would hope as valuation concerns have meant very little for years upon years.

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