The Assembly@InTheAssembly
THIS IS INSANE.
The smart money is running for the exits in semiconductors and nobody is paying attention.
Last week the SMH ETF saw its largest single-week outflow in its entire 14 year history.
$2.3 billion pulled out in 5 trading days.
What makes this even more interesting:
The week before, SMH had its 3rd largest weekly inflow on record at $1.5 billion.
So in 2 weeks, money rushed in and immediately RUSHED BACK OUT.
That’s not how investors behave when they are confident.
That is panic and profit taking happening at the same time.
Zoom out:
In April, semiconductor ETFs collected a record $4.7 billion in combined inflows across SMH and SOXX.
That was the most, EVER.
Now in just a few weeks, $8.9 billion has been pulled back out.
The leveraged 3x semi ETF SOXL has posted 5 consecutive weeks of withdrawals.
Retail traders are clearly locking in profits after the parabolic run.
This is the part most people miss:
Money flow is one of the most reliable leading indicators in markets.
It moved aggressively into semis at the top, now it is moving aggressively out.
If you want to know which stocks we’re buying next, turn on notifications this is VERY important.
Many people will wish they followed us sooner.
