- Entry
- $513.22
- Now
- $519.52 +1.2%
- Target
- —
- Score
- —
Semis got crushed. SOXX dropped 20% off the June 22 peak, QQQ bled about 8% in the same stretch. Monday flipped the script fast, QQQ +1.9%, SOXX +5.5%, INTC and COHR both up 6-7%, and even the big names NVDA, AMD, MU, AVGO each tagged around +2%. So now what. SOXX is still sitting 16% below the June high. One green day doesn't fix that. The two camps I keep seeing: JPMorgan calling it a momentum rebound off oversold levels, …
— ORIGINAL POST ·
SOXX down 16% from June highs and we just got a +5.5% day. Rebound or dead cat?
· r/smallstreetbets
· Jul 22, 2026