I'm concerned that SOXX is showing signs of distribution and could be gearing up for a significant downturn that might impact the entire market, espec...
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I'm concerned that SOXX is showing signs of distribution and could be gearing up for a significant downturn that might impact the entire market, especially around 2025. I'm leaning towards shorting this before it potentially drops.
Given the current weakness of semiconductors in an overall strong market, I believe SOXX is likely to underperform. Pairing a short position on SOXX a...
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Given the current weakness of semiconductors in an overall strong market, I believe SOXX is likely to underperform. Pairing a short position on SOXX against a long position in QQQ or SPY seems like a strategic move considering the ongoing challenges the sector is facing.