Can the semiconductor rally continue?

2021-05-27 | Matt Bauer | ETF Selection | Highlights

The semiconductor supply chain can't seem to catch a break. Widespread semiconductor usage and adoption by high growth industries has propelled SOXX to a decade plus rally. A pullback in May pushed SOXX to long-term oversold and alleviated overly optimistic sentiment clearing a path for the resumption of the long-term trend.