I've never seen a market like this is 2 decades of trading. I was NOT trading at the dot com bubble era so that might explain I've never seen anything like that before.
13.1% of credit card balances in the US are now 90+ days delinquent, the highest since 2011.
10.3% of student loan balances are now 90+ days delinquent, the highest since 2020.
5.6% of auto loan balances are now 90+ days delinquent, the highest level on record.
Something changes in the markets last 12 months. It's not normal to see different products being pushed at extreme (parabolic moves) to reverse like they did. I doubt it will be different for semis.
We saw a lot of extremes this year, Gold, Silver, Oil .. they are ended with a sharp reversal lower ... now semis are on fire .. will it be different ?
We saw a lot of extremes this year, Gold, Silver, Oil .. they are ended with a sharp reversal lower ... now semis are on fire .. will it be different ?