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Hedges Are Profitable, Semiconductors Stabilizing After 17% Drop

Benzinga ·  Apr 23 23:25

To gain an edge, this is what you need to know today.

Hedges Are Profitable

The Arora Report gave several signals to put hedges on to protect large profits on long-term positions. Hedges are now profitable. It is time to book partial profits on some hedges.

Semiconductors Stabilizing After 17% Drop

Please click here for an enlarged chart of semiconductor ETF (NASDAQ:SMH).

Note the following:

  • Historically, semiconductors are the leading sector. Often semiconductors move first and then the rest of the market follows.
  • This time, there has been an additional factor – semiconductors have been at the center of the...
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