On the heels of a stellar earnings report, AMAT and others in the same space came under the influence of volatlity selling or a sell the news type profit taking. This may be short-lived, however, for the time being all indicators and oscillators are negative. Same space names also seeing above average volume declines post AMAT's earnings are NVLS, KLAC and LRCX.
Sunday, February 19, 2006
Semiconductors- Weakness in Semiconductor Equipment Manufacturers
On the heels of a stellar earnings report, AMAT and others in the same space came under the influence of volatlity selling or a sell the news type profit taking. This may be short-lived, however, for the time being all indicators and oscillators are negative. Same space names also seeing above average volume declines post AMAT's earnings are NVLS, KLAC and LRCX.
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