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Growing Risk Of Semiconductors Rolling Over & Dragging The Market Down With Them | Lance Roberts
The white-hot semiconductor sector has rocketed to 18% of the market capitalization of the S&P 500 index.
And while this trade has propelled the S&P higher, it's starting to show signs that it may be sputtering out.
A head & shoulders formation appears to be forming. If confirmed, then it's highly likely semis will pull the overall down with them as they correct.
Portfolio manager Lance Roberts and I discuss the odds of this, as well as the overall status of the AI trade, the latest jobs numbers, the resumption of kinetics between the US & Iran and the resulting likely impact on the price of…
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