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Actionable news in SOXX: iShares Goldman Sachs Semiconductor Index Fund,

Semiconductor Stocks Are Looking Up

NEW YORK (TheStreet) -- It is always interesting analyzing an index. The SOX, the PHLX Semiconductor Index, is no exception.

From the Nasdaq site, we found that the PHLX Semiconductor Sector Index is a modified market capitalization-weighted index composed of companies primarily involved in the design, distribution, manufacture, and sale of semiconductors.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

In this first chart of the SOX, above, we see a classic bottom reversal. The SOX declines...