SMH has been the main driver of the market’s rise for eight horrific months. Once the magical fairy dust of the NVDA 10-for-1 stock split wears off (which might happen instantly on Monday) we will see the semiconductor index take a sharp turn lower.
Below is SMH, which has been the main driver of the market’s rise for eight horrific months. Once the magical fairy dust of the NVDA 10-for-1 stock split wears off (which might happen instantly on Monday), we will see the semiconductor index take a sharp turn lower. It’ll be high time, too.
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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