Semiconductor industryIt has always been a focus of the US stock market, and recentlyDa MoA research report on the peak of the semiconductor industry cycle was released, which has become a market focus.Preparation.The news also led to a sharp drop in the US stock market, reflecting a decline of more than 7.3% for the ETF of the semiconductor industry on September 3rd. $iShares Semiconductor ETF (SOXX.US)$ In the past two days, the author immediately viewed the detailed content of the report due to its 69 pages length and copyright issues. However, it's not convenient to share the details, but today we will interpret the content and insights for everyone.
First, judging from the timing
Before reading the report, you should pay attention to the release date of the report, which was actually onAugust 20th.This is also the time when SOXX started facing resistance after rebounding from a low of 192.87 on August 5th, following the overall market.Facing resistance.The stock price encountered resistance at $235 on August 20th, and encountered short-term top on August 22nd.Encountered short-term top on August 22nd.)
The market pays close attention to this report on September 3rd, mainly because the United States also released the ISM Manufacturing Index on the same day.ISM Manufacturing IndexThe data fell short of expectations, causing the market to pay closer attention again.Worries about economic recession.It has also strengthened the confidence of bearish investors regarding the outlook of the report. The report also mentioned that the semiconductor industry is primarily affected by the macroeconomic demand.
Therefore, the report does have some influence, and many investors in our group have been asking about the possibility of an NVDA or US stock rebound in the past two days, so it is important to pay attention to the relevant content of the report.
Contents of the research report.
The author spent a day on the content of 69 pages...