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


To: Donald Wennerstrom who wrote (82808)3/15/2019 6:42:47 PM
From: Donald Wennerstrom2 Recommendations

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Sam

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This is the weekly update of the 13 week rolling quarter for the SOXM stocks and major indices in actual and percent terms.

It would appear a good rally is underway with the bottom line number going to 83.5 this week from 56.4 last week.. The big red weeks have been rolling off to the left while the green weeks have gained dominance on the right. With a little good news next week to keep the positive trend going, the bottom line number will have 12 of the 13 weeks in the green. Note that if the next week bottom line number would show no change, the -44.0 red week will roll off to the left giving a bottom line number of +127.5. Any positive bottom line number next week with only push that number up even further. This latest period has been a very sharp move to the upside undoing the damage caused at the end of 2018.

Only 3 stocks, IDCC, PLAB, and COHU are in the yellow over the 13 weeks. Twenty four of the stocks are up over +10%.

A big report for the semi sector next week on Wed the 20th is Micron 2Q results. Present mean estimate is 1.70. Both the amount of earnings and the future outlook could have a big impact on Micron and some of the other semi stocks as well. Micron has had a lot of negative analyst outlooks for the memory sector the last many weeks.