Technology stocks have seen unusually sharp swings in recent weeks, The Kobeissi Letter said in a post on X.
According to Odaily, the semiconductor ETF SMH and the software ETF IGV have recorded 34 trading days this year with single-day moves of 4% or more.
The Kobeissi Letter said this compares with nine such instances in all of 2024, representing a 278% increase, and exceeds the combined total of the past seven full years.
It added that SMH had three single-day declines of more than 4% in July.
The post also said the 3x leveraged semiconductor ETF SOXL has had 18 trading days since June with single-day moves of 10% or more.
STOCKS | The Kobeissi Letter Notes Rare Volatility in Tech ETFs This Year
2026-07-15 00:34:07
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