As Chip Stocks Warn Of 'Empire State Building' Top, How To Profit No Matter What Happens Next

VanEck Semiconductor ETF (SMH) and other semiconductor ETFs surged 200%+ in 13 months, now showing signs of a potential technical top. Trees don't grow to the sky, as they say. The recent 45% rally in SMH over six weeks is historically rare for semiconductors, resembling an 'Empire State Building' top formation (what I call it). Technical indicators like PPO highlight an extremely stretched move, raising caution for investors exposed via SMH, SOXX, QQQ, DIA, and S&P 500.