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Taking Stock: The Hot Stock of the Week was Kulicke and Soffa with a Huge 37% Gainer

Author: Dan Hutcheson Share [+]
Views:510
Domain:  High Tech; Category: Business; Subcategory: Stocks
Paper Summary:  Chipmaking stocks continued their slide with the broad market for the fourth consecutive week amid fears about the global economy. A growing debt crisis in Europe and lackluster economic data in the U.S. prompted investors to dump stocks and commodities and move the money into government securities. The U.S. unemployment rate dropped unexpectedly to 9.7% in January from 10%. This was a nice surprise since the market expected an uptick in the unemployment rate.  
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This paper was posted by
Dan Hutcheson (Fellow)
Short URL: http://electronics.wesrch.com/pdfEL1GP9JS8BSHC

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