Semiconductor Stocks Make Another Run At The Highs: Different This Time?

After making all time highs in the year 2000, it took the Semiconductor ETF (SMH) 18 years to revisit those highs.

That’s a long lay off!

The Semiconductors are a bellwether in the tech sector as well as a leader within the broader stock market.

The current rally off the December 2018 low has been lead by tech stocks, and has the Semiconductor ETF approaching another important crossroads.

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Looking at today’s chart, we can see that the Semiconductors are testing their 2000 highs (1) AND 2018 highs again this month (2).

What they do at (2) should send a very important message to the broad markets! Stay tuned!

Semiconductors ETF (SMH) “monthly” Chart

semiconductor stocks etf at year 2000 highs news image important_march 26

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Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.