Anatomy of a very ordinary violent pullback
Anatomy of a semis pullback
This chart shows Semis drawdowns relative to the S&P500. Outside of big fundamental / risk-off episodes (Fall’22), most ‘pulbacks’ are in the ~10% range +/-relative to the S&P (2021, 2H’23, 1H’24)....BUY BUY BUY....?
