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Buy the Semiconductor ETF as China Trade Talks Continue

Richard Suttmeier

The U.S. has implemented new tariffs on China but trade talks will continue. The SOXX set its all-time intraday high of $218.00 on April 24 then began to plunge. The decline from the April 24 high to Thursday's low touched 10% which is a buying opportunity even if a trade deal with China is not reached within the current negotiations.