At this point, I think this level on the FTSE Semi is more worth watching than the Nasdaq.
The AI theme hasn’t cooled off, but the market has started to pick at prices.
You can’t just blindly jump in just because it says “semiconductors.”
The real key next is whether earnings can catch up to the valuation.
If large-cap chip stocks can continue to hold up, the bullish market structure for tech stocks is still intact;
but once the leaders start to weaken at the high end, capital rotation could happen very quickly.
Interest rates, the U.S. dollar, and AI capex are all key for the next wave.
So right now, I’m actually not in a rush to chase; instead, I’m watching whether the FTSE Semi can hold its support.
📈 Hold support → I lean toward attacking after a consolidation
📉 Break below support → then be careful as the market starts to reprice
If you can only choose one side right now:
A｜FTSE Semi makes new highs
B｜Pull back 10% first
Do you choose A or B? Why?$SOXLB
The AI theme hasn’t cooled off, but the market has started to pick at prices.
You can’t just blindly jump in just because it says “semiconductors.”
The real key next is whether earnings can catch up to the valuation.
If large-cap chip stocks can continue to hold up, the bullish market structure for tech stocks is still intact;
but once the leaders start to weaken at the high end, capital rotation could happen very quickly.
Interest rates, the U.S. dollar, and AI capex are all key for the next wave.
So right now, I’m actually not in a rush to chase; instead, I’m watching whether the FTSE Semi can hold its support.
📈 Hold support → I lean toward attacking after a consolidation
📉 Break below support → then be careful as the market starts to reprice
If you can only choose one side right now:
A｜FTSE Semi makes new highs
B｜Pull back 10% first
Do you choose A or B? Why?$SOXLB