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Technology Stocks : Semi Equipment Analysis
SOXX 305.47+3.1%4:00 PM EST

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Robert O
Sr K
To: Return to Sender who wrote (88744)8/8/2022 3:37:27 PM
From: Return to Sender2 Recommendations   of 95358
 
Took profits in QRVO today. NVDA warning while the SMH/SOX was breaking out well beyond its downtrend range has resulted in profit taking in every stock on the SOX except QRVO. I don't expect that to last. In addition earnings report are winding down. The last meaningful report to me will be CSCO on August 17. Even when the market is in full bull market mode we get some selling whenever earnings reports are not assuaging fears for the future.

finance.yahoo.com

6 Month Charts of the SOX Components:































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