Gain rotation out of semis is feeding into other parts of the market – Argus (NASDAQ:SOXX)
2024-06-26
Volume away from semiconductor ETFs’ (SMH), (SEMI), (NASDAQ:SOXX) overbought conditions could mean some long-term bullishness with other parts of the market seeing gains, according to an Argus Research Market Movers note. Analyst Mark Arbeter wrote that funds have rotated away from the semis (SMH), (SEMI), (SOXX) and into other partsContinue Reading