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

To: Return to Sender who wrote (76057)

6/25/2017 1:43:39 PM

From: Return to Sender

Respond to of 95656

68% Upside Volume on the NYSE - 57% Upside Volume on the NASDAQ:

online.wsj.com

Friday, June 23, 2017
Notice to readers: As of 3/3/11, Closing ARMS Index (TRIN) calculation is based on composite data. Click here for historical data prior to 3/3/11.

NYSE	Latest close	Previous close	Week ago
Issues traded	3,089	3,111	3,097
Advances	2,021	1,723	1,699
Declines	932	1,231	1,252
Unchanged	136	157	146
New highs	104	93	131
New lows	39	69	74
Adv. volume*	1,373,533,100	499,287,346	1,086,134,693
Decl. volume*	676,290,195	337,520,874	1,107,068,692
Total volume*	2,080,193,786	852,732,575	2,265,757,564
Closing tick	+391	-214	+228
Closing Arms (TRIN)†	1.00	0.90	1.43
Block trades*	7,926	7,085	9,830
Adv. volume	3,233,021,976	2,043,004,554	2,433,462,654
Decl. volume	1,483,949,503	1,306,512,785	2,558,211,933
Total volume	4,778,141,563	3,426,233,696	5,117,514,458
Nasdaq	Latest close	Previous close	Week ago
Issues traded	3,023	3,015	3,012
Advances	1,870	1,677	1,281
Declines	1,012	1,182	1,563
Unchanged	141	156	168
New highs	123	108	75
New lows	36	44	62
Closing tick	+198	-20	-17
Closing Arms (TRIN)†	1.37	1.11	0.81
Block trades	17,714	13,501	9,620
Adv. volume	1,975,627,783	1,159,499,490	1,467,855,872
Decl. volume	1,465,324,317	909,380,269	1,444,606,247
Total volume	3,476,439,290	2,134,702,356	2,988,747,352
NYSE MKT	Latest close	Previous close	Week ago
Issues traded	329	330	330
Advances	174	197	148
Declines	129	104	162
Unchanged	26	29	20
New highs	4	3	6
New lows	7	1	3
Adv. volume*	63,165,190	7,861,178	72,953,303
Decl. volume*	24,523,183	2,964,202	102,882,818
Total volume*	88,062,891	11,314,905	187,170,043
Closing tick	+2	+30	-27
Closing Arms (TRIN)†	0.52	0.89	1.05
Block trades*	298	129	487
Adv. volume	145,025,058	62,003,751	129,399,447
Decl. volume	55,577,573	29,215,042	149,405,665
Total volume	202,093,352	93,573,350	297,612,812
NYSE Arca	Latest close	Previous close	Week ago
Issues traded	1,333	1,323	1,320
Advances	943	824	778
Declines	357	471	515
Unchanged	33	28	27
New highs	36	34	32
New lows	15	36	20
Adv. volume*	159,602,349	152,455,264	134,862,905
Decl. volume*	67,697,987	89,252,989	120,581,341
Total volume*	227,828,423	243,513,510	257,140,207
Closing tick	+82	-75	+128
Closing Arms (TRIN)†	1.14	1.06	1.27
Block trades*	1,293	1,579	1,246
Adv. volume	629,331,148	578,672,199	548,362,861
Decl. volume	270,722,362	350,082,382	459,596,658
Total volume	904,534,536	941,213,799	1,015,171,746

*Primary market NYSE, NYSE MKT or NYSE Arca only. †Compares the ratio of advancing to declining issues with the ratio of volume of shares rising and falling. Arms Index or TRIN = (advancing issues / declining issues) / (composite volume of advancing issues / composite volume of declining issues.) Generally, an Arms of less than 1.00 indicates buying demand; above 1.00 indicates selling pressure.

To: Return to Sender who wrote (76057)	6/25/2017 8:06:51 PM
From: Donald Wennerstrom	2 Recommendations Recommended By Return to Sender Sam Read Replies (1) \| Respond to of 95656

Looking at the weekly newsletter and other articles throughout the week, there is expressed worry about the long up cycle for the market is coming to an end. This concern also is put forth for the semis. One of the ways to review what might be happening in the semi area is to take the SOXM weekly earnings estimates and create a table. The following table is a "snapshot" of the past 15 weeks of the SOXM earnings estimates which covers the present 28 stocks in the SOXM. For most of the weeks, both the Current Year and Next Year estimates are increasing week to week with only minor "hiccups" to the rising trend lines. Using the week of 3/17/17 as the baseline and comparing to Friday's closing data, the percent changes can be calculated for both the earnings estimates and the SOXM index price. Note how the earnings estimates are up 7.7 and 9.5 percent while the SOXM index is up 8.3 percent very close to the average of the earnings estimates. While the data in this table cannot predict the future, it is a vehicle for updating each week to review any changes in the trend lines. While MU is reporting earnings this Friday(the only SOXM stock to do so for an Aug FY), the June Calendar quarter ends this coming Friday and many stocks will be reporting the results in July and Aug. For the SOXM index to continue rising, the earnings estimates have to continue rising.