$iShares Semiconductor ETF(SOXX.US)
Context: With the recent decision by the US Fed to raise the interest rate, the US market is showing some signs of recovery after the recent correction. AI stocks and tech ETFs have shown some strength and creating an opportunity for longer term accumulation for the semiconductor sector.
My trade: I am continuing to hold on to SOXX ETF during this pullback. SOXX gives me diversified exposure across top chipmakers like Nvidia, Broadcom, and AMD, and minimizing single stock risk.
Takeaway: It pays off to continue to hold on to quality stocks and ETFs and ride through the volatility if we continue to have conviction on the stocks and ETFs that we hold.
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