Don't Ignore This Chart!

Semis Lead Industry Groups in September


September has not been nice for the broader market, but one key industry group is holding up quite well. The Semiconductor Index ($SOX) actually shows a gain month-to-date and shows relative strength. The S&P Retail Index shows a relatively small loss, as does the Airline Index ($XAL). Banks, Brokers, Oil Services and Gold/Silver are leading the way lower.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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