Semi is volatile at the top

[HeSaidSheSaid]

Semi is volatile at the top:

Small cap index:

Transport sector:

 

[HeSaidSheSaid]

lot of Chinese stocks were on the down list

 

[S2007S]

With that semi shortage supposinngly lasting years isn't this sector just ripe for continous new highs and the Transports.... they were on a complete tear to the upside for months and now seeing the diverge from the overall markets trending lower the last 2 months as the markets have trended higher has become questionable. Same being said for the small caps.

 

[maxinger]

Semi is volatile at the top
---->
Semi is going sideway at the top

 

[murray t turtle]

With that semi shortage supposinngly lasting years isn't this sector just ripe for continous new highs and the Transports.... they were on a complete tear to the upside for months and now seeing the diverge from the overall markets trending lower the last 2 months as the markets have trended higher has become questionable. Same being said for the small caps.

%%
Most likely;
sorry IWM looks like its going down from FEB/mar. 50dma can be a buy , but Stock Traders Almanac has sucha strong summer sell off, most longs will hunt for greener pastures.
However i may consider a buy in OCT, if price confirms + it starts getting close to SPY,qqq % gain in oct or NOV..................................................