'Capitulatory signals' indicate potential upside for chip stocks
Chip stocks are climbing today as the stock market (^DJI, ^IXIC, ^GSPC) looks to recover from recent sell-offs, though the S&P semiconductor ETF (XSD) remains down over 15% this year. Jonathan Krinsky, BTIG's chief market technician, joins Catalysts host Madison Mills to discuss the pressures facing the semiconductor industry and key technical indicators for a potential rebound. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.