Semiconductor issues might start to weaken given NVDA’s reversal

Thursday’s NVDA reversal caused some deterioration within Semiconductor names, but the broader market held up and failed to show too much technical damage. Overall, trends remain choppy and volatile, but the indices remain largely unchanged, and we’ll need to see breakouts in either direction to have more confidence in a directional bias at this point. With regards to SPX, dropping under 6775 should be...

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