Semis Sector Update

The semiconductor sector $SMH has trended like a beast for over a year now, and in all time frames, the trend continues.

Let’s take a look at the daily chart of $SMH below:

SMH Daily - 2017-10-01

Any pullback here is a buy in our books. Consider getting long individual stocks in this sector, such as $AMAT or $MU.

Disclaimer: our investment team is currently long $MU as of time of writing.