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


To: Donald Wennerstrom who wrote (54757)11/26/2011 7:35:21 PM
From: Donald Wennerstrom1 Recommendation  Read Replies (1) | Respond to of 95531
 
Now let's look at the 2 week period from 9/30 to 10/14. This directly followed the last chart showing the 2 week period ending 9/30.

The gains to the upside are huge. KLIC is up 21.8 percent. AMAT is up 12 percent in last place in the table. At the bottom line the Group was up 17.4 percent.




To: Donald Wennerstrom who wrote (54757)11/26/2011 7:39:19 PM
From: Return to Sender2 Recommendations  Read Replies (1) | Respond to of 95531
 
From Briefing.com: Weekly Recap - Week ending 25-Nov-11The major market averages ended lower as the Nasdaq paced the decline with a loss of 0.8%. Today marked the seventh consecutive close in the red for the S&P 500, during which the index has fallen 7.8%. Today's slide caps off the worst Thanksgiving week ever for stocks as the S&P 500 tumbled 4.7%.

Financials were the top performers today as the S&P 500 Financial Index gained 0.4% collectively. Citigroup (C $23.63, +$0.12) and Bank of America (BAC $5.17, +$0.03), two of the more heavily beaten down names in the space, saw solid gains.

Shares of AT&T (T $27.41, -$0.14) fell 0.5% after the company announced it was withdrawing its T-Mobile merger plan from further consideration by the Federal Communications Commission. The company announced it will first focus on receiving approval from the U.S. Justice Department which filed a lawsuit to block the merger. AT&T is setting aside $4 billion which it would need to pay T-Mobile's parent company Deutsche Telekom should the deal collapse.

Retailers underperformed despite today's excitement over Black Friday, the busiest shopping day of the year. The SPDR S&P Retail Index (XRT $48.50, -$0.48) lost 1.0% after running to a gain of 0.7% early in the session. Online retailer Amazon (AMZN $182.40, -$6.59) was one of the worst performers in the space, ending down 3.5%. Home improvement stores Home Depot (HD $36.47, -$0.05) and Lowe's (LOW $22.68, +$0.20) outperformed while electronics retailer Best Buy (BBY $25.63, -$0.08) slid into the red.

Commodities were mixed as precious metals sold off while energy traded flat to higher. After a brief run into positive territory gold ended the day down more than $10 near $1685. Silver, the more speculative of the precious metals, fell more than 2.5% to finish the day just above the $31 level. Crude oil ran to session highs near $97.50 before paring its gains and ending near $96 per barrel. Natural gas outperformed all session long, gaining 1.5% to $3.51.

Markets were closed on Thursday in observance of Thanksgiving.

Widespread weakness on Wednesday resulted in a broad-based sell-off that sent stocks to their lowest level in more than a month. The descent came as market participants, already feeling bearish, reacted to the Fed's decision to increase capital controls for banks. Participants remained pessimistic following underwhelming data from abroad and an in-line initial jobless claims report, mixed durable goods orders data, and a mixed reading on personal income and spending.

On Tuesday stocks overcame disappointment related to downward revision to third quarter GDP, but a loss of momentum left the major averages to roll over. Stocks managed to rebound because of a combination of technical support and a headline that the IMF has established a new liquidity line, but the effort still failed to give stocks a positive finish.

Market participants were put into a negative mindset at the start of the week by renewed concerns about financial conditions in Europe's periphery and core after Moody's issued cautious comments about France's debt rating outlook. Bias was also imbued by the inability of U.S. officials to look past partisan politics in an effort to address domestic fiscal conditions. Such discouraging themes came as many participants continued to reflect on a significant technical breakdown that took place late in the previous week.

Index Started Week Ended Week Change % Change YTD %
DJIA 11796.16 11231.94 -564.22 -4.8 -3.0
Nasdaq 2572.50 2441.58 -130.92 -5.1 -8.0
S&P 500 1215.65 1158.67 -56.98 -4.7 -7.9
Russell 2000 719.42 668.78 -50.64 -7.0 -14.7


Ticonderoga notes, Apple (AAPL $369.44) announced the details around its "special one-day Apple shopping event" at Apple retail stores that includes discounts on what the firm believes will prove to be the hottest tech gifts this holiday season. The firm says, AAPL does not need to cut prices to generate demand, however, this promotion generally drives incremental purchases as the global economy is clearly showing signs of decelerating.

09:52 am Technology Sector Trading Higher Today Along With The Broader Market (MSFT)

The tech sector is trading higher today along with gains in the broader market. Semiconductors are showing relative strength in the tech space with the Philly Semi Index trading 0.7% higher. Among other major indices, the S&P 500 & Nasdaq are trading 0.5% higher, while QQQ is trading 0.6% higher on the session. Among tech bellwethers, AAPL is trading 0.8% higher.

In news, MSFT +0.6% inks nondisclosure agreement With YHOO +0.4%, according to reports from Wednesday.

There are no notable tech names reporting after the close today.