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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: garygr who wrote (7142)7/31/2024 3:49:46 PM
From: Markbn  Read Replies (2) | Respond to of 21877
 
RE: SMH is up 7.5% today

Simple logic behind that.

It is a very concentrated portfolio. I think it has only 26 positions. The top 10 make up about 72 of the portfolio. The top 2 holding, NVDA and TSM are about 33% of the portfolio. NVDA is up around 13% right now, and TSN is up around 7.3%.

Small wonder SMH is flying high today.