With the semiconductor sector ETF daily chart printing a sizable bearish engulfing candle on Friday, on heavy sell volume to boot, I would be looking at shorting semis like INTC TXN here, among others. Downside confirmation, of course, is going to be key for the trade thesis to work. Aggressive traders can also look at SOXS as a triple-levered short ETF of the sector.
And if we see a broad market bounce, Zillow has held up very well relatively.
Drop me your top tickers overnight.
___________________________________________________________
If you enjoy the content at iBankCoin, please follow us on Twitter
SOX longer term looks awesome
BWLD. Hate this stock. What other company dies with the student loan insanity like disgusting peasant food? The sub prime trade of the 2010’s is death to this pos. What do you think, Chess?
my grandfather smoked chesterfields. great pic