U.S. Stock Market: Semiconductor Sector Sell Signal Triggered Today!

Just a quick update here.

Daily chart sell signals were triggered by my computer trading system today in the Philadelphia Semiconductor Index (SOX) and the Semiconductor Holders ETF (SMH). Since the semiconductor stocks as a group are among the top performers so far this year (up about 20% YTD), I think these sell signals are noteworthy.

In the interest of full disclosure, I expanded my short position in the S&P 500 Index this morning.

Philadelphia Semiconductor Index (SOX) Daily Chart with Computer-generated Buy & Sell Signals

Semiconductor Holders ETF (SMH) Daily Chart with Computer-generated Buy & Sell Signals