Don’t Buy the Stock Market Dip. These Charts of Small Caps, Semiconductors Explain Why.
1. Nasdaq Composite shows a bearish reversal with a 2% gap down. 2. Russell 2000 ETF breaks below $240, signaling deeper declines ahead. 3. Semiconductor ETF falls 23% below its 52-week high, indicating weakness. 4. Investors are shifting towards defensive sectors like pharma and energy. 5. Major tech stocks like Microsoft and Nvidia are under pressure.