Is That A Wrap?
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.
More By This Author:
Bearish Positions
Sliding Down The Mountain
Semtech Tumbles After Failed Bullish Breakout: A Short Trade Success
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 ...
more