It does not seem to matter what metric anybody looks at - the economy is in a worrisome state. Rail traffic has softened, payroll reports have been weak, wages are stagnant and confidence is flagging at both the consumer and corporate level. Adding injury to insult, a small host of companies in the technology sector have pre-announced disturbingly poor results. Although the stock market is infamous for predicting disasters that never come, investors may want to pause and contemplate whether recent data suggest a more conservative outlook is in order.
Chips in a Dip
It is hardly controversial to say that semiconductors, as a sector, have been relatively weak this year. While the sector has lagged the market as a whole, notable outperformers like
Qualcomm (Nasdaq:
QCOM) and
Intel (Nasdaq:
INTC) have made the numbers look even better than they are.
Continue by clicking the link:
http://stocks.investopedia.com/stock-analysis/2011/Is-Tech-Sending-A-Gloomy-Message-INTC-QCOM-TSM-UMC-AAPL-ARX-XXIA-CSCO-VZ-DHR0710.aspx
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