Semiconductors At High Range

 | Jan 13, 2021 02:26PM ET

Since late 2008, the semiconductor fund VanEck Vectors Semiconductor ETF (NYSE:SMH) has gone up about 20-fold with hardly a downtick on the way. This morning, the sector is brought into particularly light, since Intel Corporation (NASDAQ:INTC) had an enormous burst higher. Looking at more recent history, I think we can agree that even if semis do not look at the threat of failure, they are certainly on the high side of the range.

VanEck Vectors Semiconductor ETF (NYSE:SMH):