Semiconductor Industry at a Crossroad: What's Next?
- CUHK Quant Trading Society
- Oct 1, 2023
- 1 min read
In 2023, semiconductor stocks, particularly Nvidia, have seen significant gains due to the interest in artificial intelligence. However, the industry faces potential challenges with a double-top pattern and a broken trend line, indicating a possible sell-off. The S&P 500 High Beta versus Low Volatility ratio suggests a shift away from high volatility sectors. Optimists believe there may be a brief pullback before a breakout, while pessimists see further downside potential in the short term.
Read the full newsletter by visiting the link below:
Click here to read our latest quant research report, Applying Factor Model to Pair Trading (cuqts.com)
