I have a large position in AAPL and was thinking to buy some SOXS to balance if it drops. I know SOXS doesn't hold AAPL, but do you think if semiconductors drop, Apple would go down with them?
I'm also not decided if semiconductors will rise or drop with this ongoing shortage. Thoughts?
Just some info: SOXS is an EFT that goes against semiconductor stock gains and losses. So if the held semiconductor stocks crash, SOXS will rise. It's been doing horribly since these stocks have been performing great, but I'm worried it has to crash eventually and that's why I'm trying to figure out if Apple will go with them as well.
Submitted October 04, 2021 at 01:51AM by mndza https://ift.tt/3D7tJhs
