1995 Or 2000?

Does it ever get tired?

SOX continues marching higher, trading perfectly within its steep uptrend channel. Buying pullbacks to the 21-day moving average has remained a remarkably simple and highly profitable strategy.

The move is becoming increasingly stretched, with SOX currently trading roughly 23% above its 50-day moving average. Extreme, yes, but still below the levels reached at the interim peak in May.