This morning, leading semiconductor stock Sandisk Corp (NSNDK) is trading lower by 0.83 cents to $61.02 a share. Short term day traders should watch for intra-day support around the $60.10 level. This could be a spot where the stock will have an intra-day bounce. Today, most other leading semiconductors are trading lower as well. This is evident by following the Market Vectors Semiconductor ETF (SMH) which is trading lower by 0.42 cents to $37.91 a share.

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