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Technology Stocks : Semi Equipment Analysis
SOXX 231.08+1.4%Oct 4 4:00 PM EDT

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To: Return to Sender who wrote (92950)9/6/2024 10:34:22 PM
From: Return to Sender2 Recommendations

Recommended By
Julius Wong
Sam

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BPSOX Fell 2 to 5 PnF Buy Signals - [COHR MRVL removed] - I expect a fall to 1, or even zero, before we bottom. It is September after all. We have established that the SOX Component Stocks are NOT growing earnings quarter over quarter. Is that just a seasonal norm? Are earnings really struggling due to prolonged higher than hoped for interest rates? Bottom line at some point we get an excellent buying opportunity because rates are going lower soon.

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