🇺🇸 Market closure notes


Semiconductors were hammered just before the Independence Day weekend, SOXX down 5.57% in one day, SMH down 4.54%
Pre-holiday trading is usually quiet, but Thursday’s selling was at a liquidation level
NVDA fell 1.39%, actually the most stable; the damage was in equipment and second-tier stocks, small-cap chips crashed first, whether the large caps can hold next week is key
Honestly, I have no direction—three-day holiday means too many variables; whether SOXX can stabilize above 550 next week is the only number I’ll watch
Gold rose 1.59%, some people are already buying insurance
SOXX0.61%
SMH0.43%
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