SMH

Noteworthy ETF Outflows: SMH

SMH: Is It A Buy After The Recent Semi/Gen-AI Correction

AI Frenzy Cools, Yen Hammers Gold And Bitcoin, First Ever Joint Air Threat From Russia And China

Stronger than expected Q2 GDP data is bringing buying into the stock market. The yen is experiencing a stunning rise against the U.S. Dollar. The Arora Report says investors should not buy on strong GDP data as it is a lagging indicator. The Japanese yen is hammering gold, bitcoin, and oil.

Alphabet Bursts The Gen AI Bubble

Nasdaq has dropped 7% in two weeks as the tech selloff picks up steam

The Nasdaq Composite has dropped 7.1% in two weeks as the tech selloff picks up steam. The tech-focused index is now trading below its 50-day moving average for the first time since early May. Wednesday's 3.6% drop in the Nasdaq is the worst single day performance for the index since July 11.

Chip Stocks Nvidia, AMD And Others See More Selloff On Wednesday - What's Going On?

U.S. Chip stocks led by Nvidia Corp and AMD are trading lower on Wednesday. Tesla Inc and Google parent Alphabet Inc’s second-quarter earnings on Tuesday failed to impress the Street. The growing geopolitical tensions between the U.S and China are hurting the semiconductor sector.

Semiconductor Supply Chain Q3 2024 Outlook: Multispeed Recovery

New Economy Groundwork: The U.S. Future Is Also An Energy Future

Oil demand is tight and expected to remain so until the end of 2024, with record global demand projected for 2025. The U.S. Is achieving record oil production, and natural gas prices are expected to firm up. Renewable energy growth, reshoring, and infrastructure investments are robust investment themes. The energy transition is still largely a fossil fuel-driven world.