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CNBC Options Action July 14, 2024

Ko says theres one name that could be about to take a hit hell tell you the name and how to dodge the selloff and its time to risk less and make more the action begins now. We start off with the semis getting trade worries. Sinking 3 as the key players fall deeper into a bear market so will the semi smackdown continue lets get straight to the chart master carter worth its a beg old mess in the sense that semis were so strong and drew in so much capital and it was one of the great headfakes of all time and a false breakout in fact, lets just look at it and start with that. This is a three, fouryear chart of the Semiconductor Index and the sox and lets put the line out there. When you draw in a lot of money and it ends up being wrong that money that pushed it higher becomes an accelerant on the way out as people have to reverse their positions. So not a good setup. Now, most importantly, how do we know that it was always going to be a trap . Its all about relative performance. The cyclic

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