In this video: Chief Market Strategist Gareth Soloway alerts investors that a stock market top is likely in and the semiconductor cycle is complete. He issues a warning on the S&P 500, expecting a drop to 5,300 and a pullback in the VanEck Semiconductor ETF (SMH) of 40%+. In addition, Gareth shows how Nvidia has fallen sharply, signaling institutional dumping into retail buying. He also notes the bearish price action in retail favorites like Palantir (PLTR), Robinhood (HOOD). Video by Gareth Soloway.
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