Did the World Cup temporarily suck liquidity out of semiconductor stocks?

Hear me out. During the World Cup I noticed semis lose momentum while everyone I know was glued to soccer. Now the tournament is over and we are ready to fly again.

My completely scientific theory: investors spent more time watching matches and sold to fund their pleasures. Profits taking for travel, betting, or entertainment spending.

Has anyone ever seen research showing major global sporting events temporarily affect trading volume, liquidity, or sector performance? Only prove me right.