DCF Conclusion Study Tables on Tech (QQQ ETF & SOXX ETF)

July 2024 Update

Hey Everyone -

I’ve attached the screenshots of DCF Summary Values on key SOXX ETF and QQQ ETF names shown below now that I’ve compiled most of the important names within these indices.

I’ll share some general conclusions beneath the tables. Most important message though is not to panic as many names are trading near/at Base Case or lower. On higher timeframes, accumulating between the Bear and Base case is usually fruitful for long term investors. The Bull Case is where we need to be careful.

We are now well off those Bull Case levels, removing much of the market froth that had been built up over the past several weeks.

Exhibit 1: SOXX Semiconductor ETF Names