May 20, 2026

By Nigam Arora

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

Samsung Strike

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

Note the following:

• The chart shows yesterday SOXL traded in the range of $135.02 – $160.54 and closed at $151.89.   In traditional technical analysis, the fact that the closing was so much higher than the low price is seen as a sign that the semiconductor rally is ready to resume again.  No investor should rely solely on technical analysis as it no longer works as well as it used to.
• The chart shows this morning semiconductor stocks are rallying.