did you try chatGPT?

Thanks for the info Randy. Seems odd there isn’t one.

Typically (but not always) the semis will rise & fall more than the S&P 500 or tech heavy Nasdaq during bull & bear trends but you really need to see what the weakest, or IMO, more importantly, the most bearish looking sector(s) is(are) at the time. I differentiate a “weak” sector with a “bearish” looking sector as the former means that the sector has been clearly under performing the market while what I consider having a bearish technical posture or outlook means the technicals indicate a significant drop coming, whether that sector is one of the strongest or weakest at the time.

To the best of my knowledge, there isn’t a -1x non-leveraged ETF for the semis. I’ve looked in the past & just did a quick check & don’t see one.

Finaly, that said, big correction might never come

Ok i see that chart evereyday on FX evolution. Big intervention to trap all the bears. thanks for you comment

Perhaps a Bear Trap!

Right now is the time we have to see a complete 180 and crash or yes we have a failed trade on our hands.

See the attached FRED snippet how FED turned 360 from QT to back QE again!

barring a very aggressive reversal of this move up we are toast.

The Bank Term Funding Program (BTFP) was created to support American businesses and households by making additional funding available to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors.

That is the new Federal Reserve facility that takes distressed instruments from the banks and gives them fresh new play money at par. No reserves no restrictions no costs, some limits (perhaps temporary) 1 year time limit (likely to be extended (perhaps forever)) I think they are trolling everybody. BTFD (Buy The F!@#$%g Dip) has been the mantra for years. Now they call their bailout program BTFP? Buy The F!@#$%^g Program!

What do y’all think?

what is btfp

Looks like the Divergence got burnt on AMD and NVDA on Daily TF!

Thanks for trying Jim

I looked on https://www.etfscreen.com/ for “short funds – only”, “leveraged funds – no” and got no result for semis. So, I don’t think there is an unleveraged semi etf.

What would be a good instrument to Short when over all market is weak? Every time when market is weak I have been buying SOXS and when market looks strong, I usually buy SOXL.

Do you think it is wise to sell SOXS and switch to SQQQ now?

Thanks

I cannot find an ETF that 1X shorts the Semis ?
The only inverse semi etf’s I see are SSG which is -2X and SOXS which is -3X.
Both of these were down more than 10% at some time since Feb 8.
Anyone would have been stopped out with a 10% stop or less.
Is there a -1X semi etf….anybody ?
Thanks