SMH: Semiconductor Stocks May Continue To Melt Lower | Seeking Alpha

Semiconductor stocks may have more downside after a historic rally, according to analysis published on Seeking Alpha about the VanEck Semiconductor ETF (SMH). The piece argues that options positioning and technical trends suggest additional pressure to the downside. It is written by Michael Kramer, founder of Mott Capital Management, who describes his approach as long-only and macro-themed, using options activity and market technicals to identify potential entry and exit points. Kramer leads the investing group “Reading The Markets,” which provides daily written commentary and videos, macro trend education, and regular Zoom sessions for subscribers. The article includes an analyst disclosure stating the author has no positions in mentioned securities and that the commentary is informational and educational.