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SOXX: Don't Expect A Quick Recovery For AI Stocks $SOXX #trading# #finance# #stocks#
$SOXX $INTC October: SOXX fell 17.1%. The equal-weight S&P 500 rose 4.9%. Is the AI boom breaking, or is its price tag the problem? What this selloff reveals about demand, cash flow and the next test for AI stocks.
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island tops on SOXX and QQQ 👁️👄👁️
The Case For AMD And SOXX: Semis Are In Bear Territory, AMD Says Demand Is Fine $AMD #economy# #finance# #trading#
Intel, AMD lead semiconductor rout as SOXX drops about 10% $SOXX #stocks# #stockmarket# #finance#
The iShares Semiconductor ETF $SOXX closed the day lower on Friday for the 9th trading day in a row SOXX is now on its longest losing streak since May 2006
"Earnings season is now over. So now we get to focus on headlines and vibes. Vibes right now are pretty terrible (which should be Bullish!), even with the QQQ’s still up +6.5% YTD and SOXX up +27% YTD. Is that enough to sustain a bottom? I don’t know! I’m not the macro guy…I literally spent last night doing multi-variable algebra to estimate APP’s Gaming and eComm Revenue split." - JPM's Mark Schilsky
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DRAM, the memory chip ETF, is now down -27% in less than a month. SOXX, the semiconductor ETF, is now down -17% in less than two weeks.
This is how the ETF Market played out today 👀 Tech selling off. Energy holding. Bonds catching a bid. Notable moves: TECL -5.45% 🔴 XSD -3.68% 🔴 TQQQ -4.05% 🔴 SOXX -3.35% 🔴 SOXS +10.24% 🟢 Energy leading with XLE +2.97% 🟢 and XOP +2.79% 🟢 Gold $GLD +0.73% 🟢 Crude Oil $USO +2.55% 🟢 Semis getting hit hard today.
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