SOXQ - Semis - 20% In 5 Weeks

2024-05-24 20:00:00 ET

Summary

• Since its closing low on April 19th, the Philadelphia Semiconductor Index (SOX) has rallied over 20% in five weeks.
• In the case of the SOX, the current rally is already the second this year - and it's not even June.
• The fact that there have been three separate five-week rallies of at least 20% sounds pretty remarkable.

Since its closing low on April 19th, the Philadelphia Semiconductor Index ( SOX ) has rallied over 20% in five weeks. When anything rallies that much in so little time, you can't help but take notice, but in the case of the SOX, the current rally is already the second this year - and it's not even June!...

For further details see: