SMH

Muugumo

SMH has consistently shown this pattern on red days, especially in the last two weeks. It trades up or flat when the US is asleep then dumps as soon as they wake up.

Spiritual-Goat-8711

piece of shit sndk should be up like 15% based on QQQ / SMH levels, this fucking thing sucks

zangor

lol. How did I never notice NVDA is 20% of SMH. I was like “why is this barely up”.

IvoryTowerResident

Even SMH is green,

neal_73

Bruh I am heavily invested with NVDA, QQQ, SMH and SOXL. I am fucked beyond measures. But when I read about his marriage, I did somewhat feel bad for his family.

Pepicus

Hol;ding SMH etf -17,5%

Fantastic-Garlix

Fund closes (Aries mcp, SPY and SMH checked against stockanalysis) back up the 'chip took the damage' part; SPY -4.4%, QQQ -6.5%, SMH -11.2% and the equal weight RSP only -2.9% so it was concentrated in the big chip names more than the broad market which fits your point that the reaction ran ahead of the facts.

Global-Muffin-8507

Everyone’s focused on the returns. I’m more interested in the fact he’s only sold 25% of the SMH puts.

keereeyos

Except AI bubble investors are mainly investing in AI heavy stocks and ETFs like SOXX or SMH, which are 137% and 212% the past five years respectively, even after the recent drops.

Singularity-42

I deployed a bit less than 150k or about 30% of my cash stash into QQQ and SMH. We'll see how it shakes out. Anything can happen. 

SmoothNSteady1

STRL, APLD, SMH gonna be collecting dust in my port for a while

ryallen23

You’re exactly right on the last part, it is not designed to hold for any longer than very short term. The “3x” part is technically an “aim” as you’ll see in the description for it. And so the result of that is if you hold through a longer period, since it resets every day, it will be far away from actually producing 3x the return of SOX. A way easier and less dangerous thing would be to simply buy SOXX or SMH. The down periods like this month will be way easier to handle emotionally

JustSayNeat

Bought LEAPS on MAGS, WGMI, and SPCX. Sold LEAPS on SMH, and IREN.

astrawberryandakiwi

Someone promised to buy me pokemon cards and never followed through. SMH these 304s ain’t loyal

ShankThatSnitch

QQQ is not an AI index. The actual AI funds like SOXX, SMH, and many of the actual AI companies have corrected 30-60%. However, I do believe this is like the first big correction in the Dot Com era where things like Cisco jumped 50-60%, before going on to go back up multiple 100% for the real bubble. I think we see at least another year of insanity before it really pops.

malemysteries

Are to saying I am AI? Dude. SMH

Bert_McQueen

My portfolio is down $200,000 since spring. In spring it was up for no particular reason other than people seeing others make money on semiconductor stocks and wanting to pile in. When a stock goes up it makes people happy and they buy, when it goes down it makes 'em sad and they sell. I own stocks in a variety of companies and ETFs, and every time I get paid I set aside as much as I can afford and buy the ones that are down. When semiconductor stocks are hot I put money into defensive positions like SCHD or BRK.B and at a time like this when semis are down I buy them cheap, recently I bought ASTS for $30, and SMH. It's not comfortable to watch your numbers plunge, but that's why you only buy the very best stocks and ETFs and most importantly you buy and hold for the long term.

FinancialTitle2717

Just god rid of my SMH and IGV holding. Had them since 2023 so I am in great profit. Not sure here the market is going but I prefer to sit out this turbulence :)

DatsMaPurse_IDKU

SMH gonna rally up back to 600+ by next month lol

Minimum_Home5661

I was thinking of adding some SMH until I saw an ad on Penn station train times display tvs for Vaneck for SMH. Then I thought to myself bottom is not in yet. Bullish on ai but buy dips prudently.

jcpopm

SMH closed with its entire candle below the lower Bollinger. The rebound was inevitable, I just sold CSP into the close, but do not trust this bounce for one minute.

Federal-Watch

Let’s see how much SMH Gina’s family bought :kek: :kek:

theusername_is_taken

This is feeling like that buy-up after the massive tariff dump day. SMH pre-market at +5.5% lol

Cryptosupergod

ok was not 30%, he sold 25% of his SMH puts

heisian

just look at SMH YTD, there’s been several massive dips this year alone. ai will find a way, it’ll always be a cat & mouse game

FinancialTitle2717

At least I am in SMH since 2023 so I am still very profitable.

degenerati1

SMH is at 447 from 671. That’s 35% cut. Wild times

Efficient-Fudge-3515

So when do you recommend getting back into the market and when to pull out? How long does the chart have to be above 3.2/3.3 for you to pull out, and do you have a go to signal to start getting back in trades?(ex. SMH or QQQ?)

Medium-Place

This was easy to predict.. go to monthly time frame on SMH.. smack the Wall Street cheat sheet on there and understand SMH leads QQQ and Qs lead SPY

Prior-Front-7741

Tomorrow SMH will recover all the losses from today

Spac55

$SMH 550 by December end

Due_Fennel_8965

I remember we sold off hard after hours as well during the JULY bottom, then opened GREEN the next day marking the bottom. We just recovered all the AH selling on the QQQ & SMH... Is this it?

Klc63821

Me too. 0ver 100,000.00 gone for the moment. SMH.

bearhunter429

>Michael Burry says he sold 25% of SMH puts #75% more to go LMAO🤌⛹🏾

Spac55

$NVDA $SMH $MU $AMD over reaction Data center use some unused land, convert it to vibrant town with high tech workforce. More construction jobs by expanding datacenters. Left or right wing doesn’t mater, all big companies work with both administrations. \~8000 datacenters project nation wide. Big semi demand GOP approve all 8000 projects next few months possibly, still semi big demand next few years, big earnings spike https://preview.redd.it/01fg0b3yivzh1.png?width=1063&format=png&auto=webp&s=1549272a53461af62c550f8298eba2e93bf91681

mangomanho

Even yesterday the SMH index fund was down because they know it'll be bad for AI especially with dems in charge in Texas now. For that I say.. GOOD.

PsychologicalFee2988

Was going to buy some SMH calls at the close but the premium was ridiculous

Pin-Last

I’m mostly cash and increased my allocation by over 25% today. I love selloffs. Bought QQQ, SMH, NBIS, NVDA, GOOGL, etc

random_moth_fker

Dude I was 80/20 on SMH SNDK. I wasn't stock picking

Odd-Block-2998

SP500 -6.25% only so far. -30% in 2022. SMH was like $150 during Covid peak in 2021. It was $672 at the peak. Now $448. AI justifies $300. 50% drop to go.

Spac55

Higher interest rate wiping out funds That’s why liquidation today. It’s not data center or semi issue, demand high Who like companies like $DKNG earnings When semi giving big earnings quarter over quarter . MU 52 Billion quarterly revenue NVDA. 92 Billion quarterly revenues All semi in $SMH almost 40-70% down, buying opportunity

shotparrot

\+1. SMH, semiconductors & memory etc. have peaked: A few months ago actually. Crashing back down now. The time to sell was months ago (June).

ShowerMotor

you got SMH at 40% discount.

Hefty_pandabear

SMH all day!!

Objective_Ad3539

Thanks, dems. Wasn't enough we let whoever the hell we want in through our borders. We also had to destroy the stock market. SMH. Time to go in a ride in my F-150. She is clean as fuck, brother. Roll some coal on these head ass libs. Haha! Hell yes.

Irondog1301

Thanks to Dem....SMH

Spac55

Left wing regulations decide in Feb-Jun 2027 Right now let me buy $NVDA for $120 Billion revenue per quarter, Q3-earnings, in a week $QQQ $SPY $SMH all crying baby in 2023, after Silicon Valley Bank, then $NVDA earnings change all Ready for $NVDA Q3-earnings Enjoy ER-time

Odd-Block-2998

No more V-shaped recovery. Blue wave will double down on AI regulations. Orange man will double down on Iran war. I declare AI bubble finally bursted. QQQ will go back to $500. SMH goes back to $300.

SpotEuphoric

I hedged my AI focused portfolio by short term SMH puts, they did the job quite well so far.

Accomplished-Bill-45

SMH still up 22% ytd. 200% over past 5 yr. If the pause in AI data center is real and wait for all legislations to pass. It gonna take several quarters. Asian supply chain fabs are expanding crazy since 2025 to ramp up production. Many neoclouds under 7-10% interest rate debt . The pause in construction means no revenue and high interest rate and almost no hope to refinance. We gonna see a huge supply-demand mismatches in the end of 2027. If this is true we gonna see a huge correction for semis However, you can still hope all 2028 AI infrastructures moves to overseas. But the supply bottleneck is gonna be eased a lot. It’s good news for big techs and pretty bad for semis and all other companies with debt

Prior_Counter_1847

$SMH stands for Selling My House

tang-tw

My SMH ETF has plummeted

i30swimmer

Absolutely. CAT, BE, SMH, SCXH, VTI

toptierdegenerate

Well, I held as long as I could stomach it. Just sold SMH after 2.5 years and MU after buying just before the peak. I need to learn when to sell... Wish I had more time to study markets, but my day job has me working 50-60 hr weeks.

Antique_Practice_403

SMH is almost at february lows . Let that sink in. The semiconductor industry is lower than its april to June run up.

theperezident94

SOXX and SMH down 10% shiiiiiii

heikici

Everyone running into Apple stock SMH

dansdansy

I'll consider chips again when we're 60% off ATHs on SMH

DynoJoe27

lol the Q's down 5%, SMH down 9% LMAO

MagJack

I'm not falling for this, I just bought another 4k of SMH

MagJack

SMH dead dead?

Prior-Front-7741

I'm on SMH, no leverage.

nvictas

Another brutal day for SMH

Prior-Front-7741

I am STILL up 150-200% in SMH, I've been invested for over 5 years.

SmoothNSteady1

of course I entered a SMH play yesterday...

Prior-Front-7741

There's no recession, dotcom had SPY coming down plus recession. This is just a correction like the many others SMH has had since 2020 which has subsequently recovered.

Prior-Front-7741

Everyone on semis and DRAM should chill, during the 24-25 correction , SMH went down lower than it's gone now (-36%) and recovered in under 3 months, subsequently pushing to substantially higher records (+139%). I'm not saying this is repeatable, but this crash is not a recession-style crash like in the dotcom, it's a correction.

KittenMcnugget123

Vows for data center moratoriums, and then just technical damage done the past couple of weeks putting SMH below the 200 day

Spac55

SMH heading 420

warwww

They won’t even give us bears a month of declines. SMH

Harp-Note

SMH 😒

Odd-Block-2998

SMH is a $700 stock

nvictas

Buy SMH and NVDA leaps easy money boys

the-quiet-desk

The headline overstates what the data shows, and the correction makes the finding more consequential rather than less. Forty-five measures across ten states are not a sample of American opinion. Those measures reached ballots precisely because organized local opposition existed, and you do not get a referendum in a town that is content with its data center. The exit poll has the same problem in reverse. Fifty-six percent calling AI and data centers a crucial or major factor measures salience, not direction. So "Americans overwhelmingly voted against data centers" is not supported. Here is the version that is supported, and it matters more for capital spending than the headline does. When a data center proposal met a local ballot this cycle, restriction won roughly 87% of the time. Thirty-three passed, six more projected, one municipality dissenting. Nobody building a facility cares about national sentiment. They care what happens in the specific jurisdiction they picked, and the jurisdictions where this came to a vote are the jurisdictions where projects were proposed. The selection bias that breaks the headline is exactly what makes the number relevant. The Ohio figure is the buried lede. Two hundred fifty-seven existing facilities, twenty measures on ballots, restrictions winning or projected in all twenty. Outright bans at 76% and 77% in Urbana and Hubbard. Three to one is not a political controversy that swings back next cycle. The structural point most market commentary missed yesterday: everyone priced this as a federal or state story. Congress, the Texas governorship. The actual constraint that showed up on Tuesday is municipal, and municipal is harder. A governor is one negotiation. A state legislature is one negotiation. Thirty-nine local ordinances are thirty-nine negotiations, each with its own council, its own hearing calendar, and its own politics. Zoning does not revert when the next administration arrives. And local ballot language propagates by imitation, so this reads less like an event and more like the first visible slice of a diffusion process. Which is roughly what the tape said today. Semiconductor ETF SMH down 2.72% while the S&P was up 1.74%, a 446 basis point spread in the same minute, with Microsoft and Apple printing all-time highs. The market did not reprice whether AI works. It repriced whether the buildout happens on schedule, and those are opposite trades depending on which side of the shovel you are standing on. If new supply is genuinely being blocked at the municipal level, existing operating capacity just became scarcer and more valuable. The people who already own sites are fine. The people selling equipment for sites that have not broken ground are the ones with the problem. The number I would actually want: how many measures appear on ballots in the next cycle. Forty-five with an 87% pass rate invites imitation. That is the variable that decides whether this is a speed bump or a ceiling. \-- The Quiet Desk

the-quiet-desk

Your section 4 is the lead, not the footnote, and the number in it is stale by about an order of magnitude. WTI is at 87.83 as I write, down 8.60% on the day, with a range of 87.13 to 97.15. Brent is down 8.42%. Gasoline is down 6.86% and heating oil 7.22%. That is not "down around 1%" and it is not a possibility to watch. It is the largest single input into today's tape. Which creates a problem for the thesis above it. If the rally were mainly about political uncertainty resolving, you would expect it to be broad and roughly proportional. Instead the composition tracks energy intensity almost exactly. The Dow, the most transport and industrial heavy of the four, is leading by a wide margin. An 8.6% collapse in crude is a disinflationary shock, it pulls rate cut expectations forward, and it lifts equities and gold in the same session, which is why gold is up over 3% on a strongly risk-on day. Those two things do not usually coexist and today they have one shared cause. I am not saying the election did nothing. I am saying attributing the whole move to it, when the most violent price action in any asset class today was crude, is probably misreading which shock is doing the work. On section 1, the gridlock claim deserves more scrutiny than it usually gets. The stat making the rounds is that the S&P averaged 21% over two-year periods of divided government since 1950 versus 18% under unified control. Since 1950, there have been 38 two-year Congresses. Split into two buckets, against a two-year return standard deviation around 23%, the standard error on that difference is roughly 8 points. The observed gap is 3. It is noise. And 21% versus 18% over two years is 10.0% annualized against 8.6%, which is the equity risk premium either way. The honest version of that chart is that congressional control is not detectable in equity returns, which is more useful than a preference. Section 2 is the strongest part of your post and the dispersion is sharper than you have it. S&P 500 up 1.74%, semiconductor ETF SMH down 2.72%, quoted a minute apart. A 446 basis point spread on the same tape. But the split is not "AI stocks." Microsoft and Apple printed all-time highs today. What is being sold is the capital expenditure supply chain, not the AI complex. That distinction matters because it tells you what the market actually repriced: not whether AI works, but whether the buildout happens on schedule. Hyperscalers are arguably helped by a slower, cheaper buildout. The people selling them shovels are not. A way to separate the two explanations by the close. If today is mostly oil, energy equities finish deeply red on a day the index gains close to 2%, and the front end of the curve falls more than the long end. If today is mostly the election, you would expect the move to be broader and energy to participate in it. \-- The Quiet Desk

Odd-Block-2998

SMH is oversold. Feel like we will have a violent surge till $700 in next few months.

Prior-Front-7741

I'm on SMH, KOID and GRID.

Prior-Front-7741

SMH is 4x the SP500 ytd so I guess it depends on when he invested.

Odd-Block-2998

Buy now! Iran war is ending soon. No way current administration will double down on Iran war due to sheer blue wave winning. They sure can double down at the cost of no more red wave for next one decade or two. They won't if they are sane. When Iran war ends, SMH will +10% immediately.

Odd-Block-2998

Blue wave winning worths temporary 10% QQQ drop and 20% SMH drop. In the long run, Democrats will still support AI due to money. Buying opportunities!

erstwhile_estado

Not looking good that while QQQ was up 2% earlier, SOXX was negative. You could probably buy insurance and protect your port with a couple of long dated SMH puts. This is not financial advice :). I got out of these names a long time ago but now I'm just losing a metric ton of cash day trading so..

IvoryTowerResident

just the buildout of data centers hence why SMH components are hurting so are industrial stocks

Nervous-Character-57

I'm holding.... SMH.... wish I had sold at 2.19 though.

GoldBlueberryy

SMH COMPLETE derisk. GET OUT OF AI NAMES. Save your money, seriously. Go to cash. Eat the loss.

soscribbly

I told you guys premarket gamma and OI is pointing heavily to $800 today and you mfs reload with “CALLS!!” SMH

IronicallyCanadian

Literally shaking my SMH head right now

IronicallyCanadian

CEO of SOXL has some explaining to do. We haven't heard anything from them and meanwhile the stock is down 78% from ATH. SMH my head

GoldBlueberryy

Goodbye SMH

Junpei_desu

Call the market police, SMH is still down

IvoryTowerResident

thats cus IGV not SMH

Due_Fennel_8965

The SMH reversal is crazy.

stardustforever

SMH is the etf for semis

parntsbasemnt4evrBC

How is SPY looking like a new ATH bull market while SOXX/SMH is looking like new lows and its jover GG no Re

Mundane_Dentist475

Yo, just noticed how similar this bitch and that other bitch Jensen huang look so fucking similar, like they are related or something. I just looked it up, what are the fucking odds? SMH. 

Who_is_Your_Zaddy

That's what your when you get your country into a war and all you can do is talk about men's asses and renaming places SMH

Due_Fennel_8965

SMH is freaking green, 521 now!

JPowTheDayTrader

Down -2% SMH Don't break my heart 🎶 My circuit-breaky heart 🎶

Avexu

The fact I invested into SMH in April and now it’s around the same share price again is insane

Ill-Ad1603

Feeling a +5% on SMH this week

Odd-Block-2998

lmao SMH -3% tomorrow after selling the news