Semiconductor Stocks Have Already Crashed !
If you are looking for reasons why big money investors are
selling the US stock market in September, a closer look
at the Semiconductor ETF SOXL,
shows that stocks in the Philadelphia Semiconductor Index have already crashed !
From a high of $70 in April 2024, this ETF was priced and trading at 25.96 on Friday.
Big trouble now lies ahead if this ETF takes out its recent $23 Low.
Traders looking to short Semiconductor Stocks,on a crash
should use SOXS,.. which has already risen 50 % this summer alone.
SOXL 25.96 Close 9/6/24
THE_UNWIND
WOODS OF CONNECTICUT
selling the US stock market in September, a closer look
at the Semiconductor ETF SOXL,
shows that stocks in the Philadelphia Semiconductor Index have already crashed !
From a high of $70 in April 2024, this ETF was priced and trading at 25.96 on Friday.
Big trouble now lies ahead if this ETF takes out its recent $23 Low.
Traders looking to short Semiconductor Stocks,on a crash
should use SOXS,.. which has already risen 50 % this summer alone.
SOXL 25.96 Close 9/6/24
THE_UNWIND
WOODS OF CONNECTICUT
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