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The 18-Year Semiconductor Run May Be Over | Tim Knight's SMH Put Strategy

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Semiconductor Sector Overview

  • White-hot 2026
  • ETFs like SOXL
  • Leveraged instruments
  • Trend exhaustion signs
2:12SOXL· ticker

SOXL — Leveraged Semiconductor ETF

  • 2022, 2024, 2026 tops
  • March 2026 breakout
  • Energy depleting highs
  • Recent ground loss
4:12Applied Materials· ticker

Applied Materials — Perma Razor

  • Generational wealth
  • Steady bull market
  • Rounded base
  • Dramatic higher highs/lows
6:14ADI· ticker

Analog Devices — Perma Razor

  • Big bull market
  • Huge base
  • Blast to lifetime highs
  • Signs of exhaustion
8:13AAOI· ticker

Applied Optoelectronics — Topping Pattern

  • History of topping/dropping
  • Recent breakdown
  • Nice rounded top
  • Currently short
8:14AMD· ticker

AMD — Stalling Rally

  • Thousands of percent gain
  • Days ago lifetime high
  • Hanging around range
  • No blast to highs
8:15ARM Holdings· ticker

ARM Holdings — Gap Dip

  • Dramatic gap
  • Lifetime high
  • Gap resistance point
  • Shorting opportunity
8:16AVGO· ticker

Broadcom — Lower High Set

  • Lower high pattern
  • Resistance point
  • Long drop
  • Rally potential
8:17AXT Inc.· ticker

AXT Inc. — Inverted Cup Pattern

  • Inverted cup with handle
  • Completed pattern
  • Breakdown
  • Currently short
8:18SOXS· ticker

SOXS — Inverse ETF Degradation

  • Inverse of SOXL
  • Signs of life
  • Tends to degrade
  • Day trading only
8:19SOX· ticker

SOX Index — 18-Year Bull Market

  • 18-year rally
  • Exceptionally lofty
  • Price gap turn
  • Potential reversal
8:20SMH· ticker

SMH — January 2027 Puts

  • Long January 2027 puts
  • Tight stop
  • Price gap support

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