"SMH should be treated as a trend-following long rather than a fade target because the trend can persist far longer than traders expect unless a clear news/earnings catalyst breaks it."
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"SMH should be treated as a trend-following long rather than a fade target because the trend can persist far longer than traders expect unless a clear news/earnings catalyst breaks it."
"SMH (semiconductors) is the strongest bullish pick in the lineup because AI and data-center demand supposedly translate into chip demand, and it averaged about 33% annual growth over the last decade—more than double the S&P 500."
"Semiconductors are the compute backbone for AI, so SMH provides a play on the chip suppliers (e.g., Nvidia, TSM, Broadcom) powering AI workloads."