$SOXX iShares Semiconductor ETF

T3 LivePublished 2026-09-24

“#META to $1000? LIVE with David Prince”

SOXX breaking out above the 50-day MA; it drives the broader market, making a bearish stance untenable.

God, given all this news, the socks is now breaking out. You have to be bullish.

Listen, the socks is the engine to the market, right? So many key stocks trade in the socks and now it's breaking out back above the 50-day with just the 100 day left as resistance.

Th this could take the whole market up. So, you can't really bet against it.

Watch the source01:43

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Rich HabitsPublished 2026-09-24

“The Fed Hiked Rates — What Happens Next?”

$SOXXNo side taken

SOXX will see an insane rally then a pullback causing sector-wide sell-off and collateral damage to individual semiconductor names.

SOXX is the semiconductor ETF created by iShares. It tracks the semiconductor index, very simple. You can see the meteoric rise that semiconductor stocks experienced in April, May, and June, peaking, I think, on June 19th or June 17th, roughly mid-June, is when I set this record.

The SOXX index has risen by 100 % since the beginning of the year." More importantly, I think what's going to happen is that the SOXX fund will experience a kind of insane rally, and as it pulls back, the semiconductor companies we know and love and hold in our portfolios , like Nvidia, Micron, and AMD— names I believe will continue to perform well in the long run—will be negatively impacted by what I would call... what else could I call it?

Collateral damage in a broader sell-off in the semiconductor sector , where the market will start saying, 'Wait a minute, we should n't have raised the price of every stock with ' semiconductor' in its name .'

Watch the source10:41

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