Semiconductor Flows Stay ‘Sticky’ in Leveraged Chip ETFs Like SOXL Despite Fidelity’s Cycle-Peak Warning
Billions continue to flood semiconductor ETFs SOXL, SMH, and SOXX despite Fidelity's warning that the sector is 'due' for a cycle peak.
Even though an expert said chip stocks might be getting too expensive, lots of people are still putting money into chip company funds. When people keep buying something a professional warns might be pricey, it's worth watching whether that money actually stays or pulls out later.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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