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The Seven Stocks Holding Up The Market

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Euphoria in the Semiconductor Index

The S&P could still be okay on a check back to, let's say, 4,000, but the NASDAQ, if it were to check back for any real reasons or the SMH that it could overshoot. And so I'm just curious your thoughts on that or is that kind of a silly way to think about this? Yeah. If we didn't know all the stuff that we think we know about the economy and the lag effects of the rate hikes and all this sort of stuff, the S&P is fine. But look at this NASDAQ, Carter, and you just use the term euphoric. I mean, that is euphoric.

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