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US Markets - SMH Update - October 9, 2018
US Markets Update
Volume 2, Issue 11
October 9, 2018
Items of Interest:
- We are looking for a short-term rally in the SMH from here. For clients that are short the SMH or individual semiconductor stocks, we suggest covering here and look to reposition at a later date. A number of stocks, as well as the SMH, is in oversold territory.