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

To: Sun Tzu who wrote (88413)	5/23/2022 9:39:49 AM
From: Return to Sender	4 Recommendations Recommended By Kirk © oldbeachlvr Sam Sun Tzu Read Replies (1) \| Respond to of 95567

There is no time table before New High show up after a bear market. Typically new lows in the market (NDX) will show up with fewer New Lows at the absolute bottom. Once the bottom is in the number of New Highs, buy signals, in the market (NDX as well) will rise rapidly. Using the BPNDX as an example you can judge by what has happened in the past:

To: Sun Tzu who wrote (88413)	5/23/2022 6:01:52 PM
From: Return to Sender	4 Recommendations Recommended By Johnny Canuck kckip Kirk © Sun Tzu Read Replies (2) \| Respond to of 95567

I cannot find any chart data on the number of New Highs on the NDX. I do have that data on the broader Nasdaq Composite. Today for instance according to StockCharts.com there was 19 New Highs out of nearly 5000 stocks traded on the Nasdaq. The WSJ Data says 30 such stocks today. The point is that the actual number, or the timing, is not nearly as important as knowing when the bottom is in. This chart that shows the explosion of New Highs at the beginning of a new Bull Market: What we need to see is a new bottom forming. One 90% Upside days is all it takes. Could be while before that happens though! RtS