This is very troubling. The saying is “As goes the semiconductors, so goes the dow” The grandaddy of them all INTC looks real bad. This sucks as I am starting a new technology related construction estimating job on April 18th. It is temp to hire for 4 months. Time will tell, the tape will tell. I will be watching very closely.
And then you have the cloud computing craze from late last year like FFIV. I now have a short position against that one. Will be looking close at the SSG also. CSCO looks horrid also.