Chip sector comeback is running out of steam. How to bet on a downturn

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Chip sector comeback is running out of steam. How to bet on a downturn
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Nishant Pant breaks down a trade in the VanEck Semiconductor ETF, which includes Nvidia.

September has arrived, a month historically associated with significant market corrections. In four of the past five years, the S & P 500 has experienced pullbacks ranging from 4% to 5% during this time. With major earnings reports behind us and no significant catalysts like Nvidia earnings to drive the market, I'm considering taking a bearish stance on the semiconductor sector by using the VanEck Semiconductor ETF as a proxy for this trade.

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