Semis’ Parabolic Run Perhaps Too Good For Its Own Good; Its Fate Decides That Of Tech, Which Then Decides That Of Large-Caps
Semi stocks have gone parabolic since the March low, helping the Nasdaq 100 attain massive gains; tech, in turn, has helped the broader S&P 500. The magnitude is always debatable, but some level of froth is forming in equities. Thanks … Continued