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Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%Dec 19 4:00 PM EST

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oldbeachlvr
Sam
The Ox
To: The Ox who wrote (86606)3/10/2021 12:22:20 PM
From: Return to Sender3 Recommendations  Read Replies (1) of 95616
 
One of the biggest reasons that I am concerned about the market topping is that most semiconductor stocks and semi-equipment stocks blew well past earnings estimates and sold off on their earnings.

That is exactly what happened in early 2000.

I am expecting a retest of that upward trend line and then a move higher with next quarter's earnings.



New highs though?

I am just not too sure.

RtS
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