Russ Mould: Keep an Eye on this Index!
Episode 2655, Aug 27, 01:30 PM
Russ Mould Investment Director at stockbroker AJ Bell says: Keep an Eye on this Index!
This index usually moves before the S&P 500 index and is therefore a great predictor of where the wider market is headed.
The Philadelphia Stock Exchange capitalization-weighted index $SOX composed of the 30 largest U.S. companies primarily involved in the design, distribution, manufacture, and sale of semiconductors.
CHAPTERS 00:00 INTRO
00:52 WHAT'S CENTRAL BANKS NEXT MOVE?
01:15 WAS THE SELL OFF A ONE OFF?
01:30 PHILADELPHIA SEMICONDUCTOR INDEX
07:30 ARE RATE CUTS PRICED IN?
11:00 GOLD
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This index usually moves before the S&P 500 index and is therefore a great predictor of where the wider market is headed.
The Philadelphia Stock Exchange capitalization-weighted index $SOX composed of the 30 largest U.S. companies primarily involved in the design, distribution, manufacture, and sale of semiconductors.
CHAPTERS 00:00 INTRO
00:52 WHAT'S CENTRAL BANKS NEXT MOVE?
01:15 WAS THE SELL OFF A ONE OFF?
01:30 PHILADELPHIA SEMICONDUCTOR INDEX
07:30 ARE RATE CUTS PRICED IN?
11:00 GOLD
For a FREE weekly share tip visit www.sharepickers.com/tips