Chips stocks key for the market's next move

In an interview with Brian Sullivan on CNBC's WorldWide Exchange show, I highlighted how the SMH semiconductor ETF is testing its all-time highs. If it can break above those old highs in a meaningful way (either now or after a short-term "breather"), it will be quite bullish for the group...AND for the market. This will be especially true if the Russell 2000 small-cap index also rallies further.

Posted to The Maley Report on Oct 09, 2020 — 7:10 AM
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