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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (48660)7/23/2010 7:44:16 PM
From: Donald Wennerstrom2 Recommendations  Read Replies (1) | Respond to of 95616
 
This is the update of the 13 week rolling quarter for the SOX stocks in terms of percent change. Again, just like for the Group, the results for the period are not very pretty. Only 4 of the 21 stocks are positive. Eight of the stocks are down over 10 percent.

At the bottom line the results for this period are all negative due in large part to the 2 weeks shown at the very left in the table. One way of looking at the 13 weeks is to note that the trend was working its way into positive territory, but it could not make it. The last 11 weeks could not overcome the huge losses of the first 2 weeks in the period. The situation will began to improve substantially with next weeks report. After the left most 2 weeks are out of the picture, the "picture" will look much better.