March 5, 2024

By Nigam Arora & Dr. Natasha Arora

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

Watch Semiconductors

Please click here for a chart of semiconductor ETF (SMH).

Note the following:

• Semiconductors are a leading indicator and at the heart of the AI revolution.
• The chart shows there is a 62% gain on semiconductors from the Arora buy zone.
• The pattern shown on the chart often precedes a pullback.
• If semiconductors pullback, the rest of the stock market will also likely pullback, as semiconductors tend to lead.
• The chart shows the support zone.
• As long as semiconductors stay above the support zone, the long term trend is intact.