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Is the Rally Behind Us? And Did Biden’s Latest Blunder Derail Progress With China? 6/21/23

CNBC's "Fast Money"

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Semis Underperformed the S&P 500 and NASDAQ

I think the market's going to continue to stay high. Today was a day when semis really underperformed the NASDAQ, which really underperform the S&P. I still see a lot of risk in about 10 names that make up 25% of the S&B 500 and about 50% of the NASDAQ 100.

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