Tech’s Backbone Breaks Out to New Highs

The race to power the world’s most advanced technologies is hitting overdrive, and the companies supplying the brains behind it all are leading the charge. From AI datacenters and electric vehicles to smartphones and space exploration, the demand for cutting-edge chips has become a global arms race — and the market is rewarding the winners in spectacular fashion. The sector has been surging in a relentless uptrend, with momentum so strong it’s turning heads across Wall Street. This isn’t just a short-lived bounce — it’s the kind of sustained, high-conviction move that savvy traders know they must keep on their radar.

Fueled by the explosive growth of the semiconductor megatrend, the VanEck Vectors Semiconductor ETF (SMH) has become a magnet for capital from traders and institutions alike. Manychipmakers are smashing earnings estimates, riding a tidal wave of demand from AI infrastructure buildouts, next-gen consumer electronics, and a worldwide push for tech self-sufficiency. Supply chain bottlenecks that once slowed the industry are easing, unleashing record production runs and sparking aggressive forecasts for years ahead. As heavyweight names in the sector break to fresh highs, SMH is acting as a pure-play momentum vehicle, giving investors direct exposure to the companies at the heart of this transformation. The result? A chart that’s not just strong — it’s textbook bullish, with price action that screams institutional buying power.

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On the charts, SMH is breaking out right before our eyes. Price is holding firmly above all significant long-term trend lines, and the 1-Month price has been riding above the 10-Month SMA since May’s initial crossover — a hallmark of sustained strength. That PowerTrend signal has only grown more convincing as the ETF continues its climb, now sitting at fresh all-time highs. Momentum is not just intact, it’s accelerating, with buyers stepping in on every minor dip. For me, this kind of setup — clear uptrend, bullish technical confirmation, and a breakout to uncharted territory — is exactly the type of trade I want to be in right now.

With SMH’s PowerTrend locked in and price action screaming strength, I’m targeting this with a directional call option that could deliver 133.1% profits if we see just a 10% move higher by expiration. But here’s where it gets even better… If you’ve enjoyed seeing exactly how I spotted this trade, you’ll want to see something even bigger: our brand-new Everyday Income Alerts strategy. This strategy is delivering one high-probability overnight trade setup every single day, and recent real-time trades have hit close to an 80% win rate (past performance does not guarantee future results). Chuck’s hosting one final live session to show you exactly how it works — it’s free to attend, but seats will vanish fast. Reserve your spot now before you miss it.

Wishing You the Best in Investing Success,