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


To: Donald Wennerstrom who wrote (58269)11/24/2012 12:16:59 PM
From: Donald Wennerstrom2 Recommendations  Read Replies (2) | Respond to of 95761
 
This is the weekly update of the Group and SOXM(SOX) tables in terms of earnings estimates and price changes.

Both the Group and SOXM earnings estimates were down again for the week. The changes are not much on a weekly basis, but the trend downward is still intact. Earnings estimates for the Group are at a new minimum.

Looking at the SOX index, the up move this week essentially "zeroed out" the downward move from the previous week. If this up move holds up, the recent correction from the interim high of 406.58 the week of 9/14 to the interim low of 356.00 the week of 11/16 amounts to 50.58(-12.4%).