Semiconductor stocks, as measured by the Philadelphia Semiconductor Index
(^SOXX),
are on the downside. The index is down 25 percent from its recent peak
set in July 2007, and this cyclical index is near a key support level
(chart).
If you are picking individual semiconductor or semiconductor equipment
stocks, be sure to realize that the overall trend for the sector is down.
And remember that it's tricky to make money on the price downside.
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Makes or Breaks Your Profits
Making Money
With Cyclical Stocks
Portfolio of
Semiconductor Equipment Maker Stocks
Price Patterns - Support
Levels May Constrain Price Downsides
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