SMO Exclusive: Detailed Technology Sector Report 2024-01-18

SMO Exclusive: Detailed Technology Sector Report 2024-01-18

Technology stocks: strong or not? Unique analysis attached, looking in-depth at strengthening/weakening in the Computer Hardware, Computer Software & Services, Electronics (Chips/Semiconductors), Internet, and Telecommunications industries as of 1/18/24.

There’s a quick summary on the cover page and it is heavily color-coded for fast, easy comprehension.

Takeaways:
🔹 No Technology industries weakened
🔹 Telecommunications is lowest ranked at Average
🔹 30 Sub-industries - 2 strengthened, 13 weakened (7%/43%)


Would you like to see potential strong/weak stocks of interest? (These are not recommendations.)
🔹 See Section 5 for the strongest and weakest stocks per Stock Market Organizer ratings. If a stock has been a leader, it might remain so through a decline. And if a stock is still rated weakest after the recent rally, what will happen if/when the overall market weakens? (Market Strength Score analysis as of 1/12/24 available at this link.)
🔹 See Sections 7 through 9 for best/worst 1 quarter/1 month/1 week stocks AKA recent movers. Want a stock that goes up 200%? It must go up 50% first.


This report may particularly be of interest if the following 5 concepts resonate with you:

  1. The stronger your stocks, the greener your P&L.
  2. The journey to 100%+ returns begins with 10% returns.
  3. The journey to a multi-month rally begins with one up week.
  4. Most stocks do what the market does. (While the market can only do what its underlying stocks, sub-industries, and industries do.)
  5. 80/20: not all information is created equal. (Press buttons, not balloons.)

Following are galleries with page-by-page views of this report.

1-2. Introduction/1-Week Strengthening


3-4. Industry and Sub-industry 10-Week Strengthening


5. Stocks 1-Week Strongest and Weakest


6. Lookback Periods Comparison


7. Lookback Period - 1 Quarter by Industry with Best/Worst Stocks


8. Lookback Period - 1 Month by Industry with Best/Worst Stocks


9. Lookback Period - 1 Week by Industry with Best/Worst Stocks