Chart of The Day – June 3, 2020

By: Chris Wenner in Charts 06/03/2020

Semiconductors (using the SOX Index) – like the overall market – have been on a tear.  Among the other leading indicator subsets of the market (including Transports & Small Caps), Semi’s have proven, over time, to be a great navigator of where equity markets may be headed.  The SOX Index double-topped out in both January and February around 1983.  Yesterday, this index closed @ 1883.

Watch the SOX.

CW

 

By: Chris Wenner

Managing Director

Jonathan Molchan

Wennco's innovative strategies and robust OCIO capabilities are designed for RIAs, Family Offices, and high-net-worth individuals.

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