What’s happening in semiconductors is blowing away nearly every historical benchmark this industry has to offer. I’ll be waiting for an analyst to pull the records from the US railroad boom of the mid-to-late 1800s.
If the PHLX Semiconductor Index (^SOX) closes higher today, its winning streak — along with that of related ETFs like the iShares Semiconductor ETF (SOXX) — will stretch to 18 straight sessions. Given the roughly 4% jump at the open, that’s looking like a strong possibility.
Here are this morning’s intraday record highs:
Indexes: Nasdaq 100 (^NDX)
Dow Jones Sectors/Industries: General Retailers, Heavy Construction, Industrial Trans, Retailers, Railroads, Semiconductors, Tech Hardware & Equipment
Large-cap sector ETFs: Technology (XLK)
Small-cap sector ETFs: Small-cap tech (PSCT)
Industry/Style/Country ETFs: Taiwan (EWT), Momentum (MTUM), Nasdaq 100 (QQQ), Semiconductors (SOXX), High Beta (SPHB), Value (VLUE)
Utilities stocks: NextEra Energy (NEE)
Financial stocks: Globe Life (GL), Principal Financial (PFG)
Industrial stocks: Eaton (ETN), Comfort Systems (FIX), Jabil (JBL), Norfolk Southern (NSC), Quanta Services (PWR)
Real estate stocks: Equinix (EQIX)
Tech stocks: Applied Materials (AMAT), Advanced Micro Devices (AMD), Amkor (AMKR), Arm (ARM), ASE Technology (ASX), Cirrus Logic (CRUS), FormFactor (FORM), Ichor (ICHR), Intel (INTC), Keysight (KEYS), KLA (KLAC), Kulicke & Soffa (KLIC), nLIGHT (LASR), Lam Research (LRCX), Lattice Semiconductor (LSCC), MKS Instruments (MKSI), Monolithic Power Systems (MPWR), Marvell Technology (MRVL), MACOM (MTSI), Micron (MU), Onto Innovation (ONTO), Photronics (PLAB), Qorvo (QRVO), Rambus (RMBS), Silicon Motion (SIMO), SiTime (SITM), Teradyne (TER), Taiwan Semiconductor (TSM), Texas Instruments (TXN), Ultra Clean (UCTT), Veeco (VECO)
