Semiconductor Index $SOX hits record 1.39 relative to S&P 500, extends 18-day rally and trades 40% above 200-day average. Similar Bollinger Band breakout occurred during dot-com bubble in 2000 before semiconductor collapse of roughly 80% over two years

Just like the Nasdaq blowoff in early 2000 where every tech index screamed higher right before the crash wiped out years of gains.

Semi market cap 24h increase took over the top #15 places
byu/JohniBGood inwallstreetbets

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