Weakness in the Semis

The semiconductor sector has been looking weak lately. This is notable because the sector has been strong consistently for the last 10 years.

Consider this performance. On November 20, 2008, the VanEck Vectors Semiconductor ETF (SMH) closed at $14.70 per share. On March 12 of this year, the SMH closed at $113.07. That’s an increase of 669% in 9-1/2 years.

But lately….

Posted by on October 8th, 2018 at 12:10 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.