Technology Stocks : Wennerstrom Semi Equipment Analysis


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To: Donald Wennerstrom who wrote (56968)7/20/2012 7:22:28 PM
From: Donald Wennerstrom2 Recommendations  Read Replies (1) of 59987
 
This is the weekly update of the 13 week rolling quarter for the SOXM stocks in terms of percent change.

While this week is slightly improved from last week, the results are still not good. This is going to keep going on for a few more weeks probably because of the very down performance for the month of May. Note that the last week on the left, 4/27 is positive. That will roll off the edge next week leaving the "bad" month of May still on the chart. Four of those 5 weeks are quite negative. It is not until June that a positive uptrend was started.

The 4 weeks from 6/8 to 6/29 were all positive to start a nice uptrend, but the 1st 3 weeks in July show "mixed results.

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