Semi Not-So-Tough

Since late 2008, the semiconductor fund SMH has gone up about twenty-fold with hardly a downtick on the way. This morning, the sector is brought into particularly light, since INTC had an enormous burst higher. Looking at more recent history, I think we can agree that even if semis do not look at threat of failure, they are certainly on the high side of the range.

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Using the “Jump to Sector” feature in SlopeCharts, I took a stroll through the many semi stocks out there and wanted to share with you some of the most heavily-traded and highly-valued components…

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