As Concerns About The Stock Market In September Mount, Prudent Investors Watching Semiconductors

Published by
Benzinga

To gain an edge, this is what you need to know today. The Leading Sector – AI FrenzyPlease click here for a chart of semiconductor VanEck Semiconductor ETF (NASDAQ: SMH). Note the following: As concerns about weak seasonality in the stock market mount, prudent investors are keeping an eye on semiconductors.The chart shows that semiconductors have been the leading sector due to artificial intelligence excitement.Semiconductor ETF SMH is up 53.9% so far this year.As always, human nature is such that any argument can be justified.RSI shown on the chart indicates that even though semiconductors we…

Read More

See also  Hua Medicine Announces 2021 Annual Results

Leave a Reply