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Chips Warning to the World

MRKT Matrix

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The SMH ETF Is Down Nearly 2% Today

The SMH ETF that tracks the semiconductor space down nearly 2% today. There are a lot of different cross-currents going on so if you think it's all the semis moving in the same direction as Nvidia you're wrong. The S&P 500 is right around this 4125 level which seemingly we've been at Dan for a month in the S&P 500.

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