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


To: Donald Wennerstrom who wrote (57259)8/18/2012 9:36:38 PM
From: Gottfried1 Recommendation  Read Replies (1) | Respond to of 95420
 
Don, excellent graph suitable for framing :) Thank you!



To: Donald Wennerstrom who wrote (57259)8/18/2012 9:50:44 PM
From: Return to Sender  Read Replies (1) | Respond to of 95420
 
Great work Don. Whenever I look at next year's earnings estimate the big question to me regardless of whether you are talking about an individual stock, a group of stocks, or and index is how easy will expectations be to beat?

Lower estimates are easier to beat.

That is why the market, or individual stocks, often bottom(s) when things look bad.

There has been a lot of improvement in the market lately as you have noted. Small caps look better although despite recent performance they certainly lag larger caps in terms of how many stocks are hitting new highs.

I will be watching the S&P 500 this week to see if it can take out resistance at 1422 or are we going to get a double top if it fails?



RtS



To: Donald Wennerstrom who wrote (57259)8/19/2012 11:10:09 AM
From: Kirk ©  Respond to of 95420
 
GREAT chart! I think it shows what I've suspected... analysts adjust their earnings estimates to explain stock prices AFTER THEY TURN.

It is POSSIBLE that analysts are as bearish NOW as the average investor who is out of stocks and still buying bonds and the stock market is trying to tell them they are wrong, again.

I hope you can show periodic updates of the chart. I think it is one of your best.

THanks!