Semiconductor Stocks Are On the Downside

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.

Related Articles:

Entry Point - How Purchase Price Makes or Breaks Your Profits
Making Money With Cyclical Stocks
Portfolio of Semiconductor Equipment Maker Stocks
Price Patterns - Support Levels May Constrain Price Downsides

Updated December 29, 2007.