Semiconductor stocks have generally been trending lower during trading over the past few days. $SNDK looked like it had turned positive before the market opened yesterday, so I thought it might open higher and rebound, but it turned out to be too weak.
It fell during the session, triggering panic, and then plunged near the close. Funds pulled out over the weekend, but Monday should offer a good opportunity to buy the dip. There should be some action over the weekend, so you could position yourself early. However, the overall market hasn’t seen a significant recovery. Funds may come in before Monday’s opening, so let’s see whether there’s any positive news to help things rebound over the next couple of days. #EvernorthCompletesSPACMergerWithArmadaII
It fell during the session, triggering panic, and then plunged near the close. Funds pulled out over the weekend, but Monday should offer a good opportunity to buy the dip. There should be some action over the weekend, so you could position yourself early. However, the overall market hasn’t seen a significant recovery. Funds may come in before Monday’s opening, so let’s see whether there’s any positive news to help things rebound over the next couple of days. #EvernorthCompletesSPACMergerWithArmadaII