$SOXSB Today’s action is a bit different from the past few days. Before, it would jump up quickly and then pull back just as fast—very choppy. This afternoon it’s been grinding upward slowly, which looks a bit healthier. Hard to say, though. Trading volume has contracted noticeably lately, and if there’s no one stepping in later, it could easily just go sideways. It’s up nearly 20%, but it remains to be seen whether it can hold steady.

Not investment advice