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Technology Stocks : Semi Equipment Analysis
SOXX 306.55+0.4%4:00 PM EDT

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Recommended by:
Julius Wong
To: Return to Sender who wrote (94502)6/5/2025 8:50:20 PM
From: Return to Sender1 Recommendation   of 95331
 
The last 4 Quarters for the 30 Stocks in the SOX have shown a trend of continuing growth in the number of companies raising guidance. A year ago 5 stocks in the SOX raised guidance. The following quarter 7 stocks raised. Then it was 9 raising guidance. Finally this quarter it was 12 stocks in the SOX that actually raised guidance.

That's literally 40% of the stocks in the index raising guidance. But what has happened to the SOX index in the last year?

Basically nothing - The SOX closed at 5,033.35 on 6/5/2024. Today it closed at 5,010.92.

It's difficult to make a case for swing trading the market or any particular stock. It's not impossible though which is why I have been trying to perfect the usage of the BP Data and market breadth. So to my way of thinking it is idiotic not to pay attention to the fact that SOX stocks do not trade higher indefinitely.

Even NVDA, widely recognized as one of the biggest stock market winners (Highest market cap too), is subject to large swings:


RtS
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