Home Market News ETF Pick of the Month: Watch out for Major Resistance Facing Semiconductors

ETF Pick of the Month: Watch out for Major Resistance Facing Semiconductors

by TradingETFs.com

ETFdb.com is recommending a new short position for the month ahead. This short recommendation is based around preparing for a potential pullback in a high-beta corner of the market that appears vulnerable after a nearly-vertical recovery since the December 2018 lows. Below, we outline our investment thesis and outlook for the new recommendation.

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