Articles tagged with DJUSSC
Semiconductors Reversed At A Critical Level
I believe that semiconductors ($DJUSSC) are the most important industry group. It doesn't mean that the stock market can't move up or down without participation from this group, but it certainly makes it more difficult. The DJUSSC topped on the last trading day in March. The S&P 500 continued pushing slightly higher for another couple weeks, but ultimately could not clear the major price resistance established in early February. One big reason was the lack of participation of semiconductors. Fortunately, the group is in a much better position to move higher from here:...keep reading