Monday · Plate Review SMH quietly climbed to 668, only half a step away from the historical high of 671. Last year at this time, it was still struggling around 400, but now the entire semiconductor sector seems to be wearing spring shoes. NVDA followed+1% back to 212, and QQ was also around 52 weeks high. There wasn't much earth shattering news on Monday's market, but the continuous rise of semiconductors is already a signal. The narrative that has been heard repeatedly this year is' too much price increase, it's time to switch ', but the fact is that every switch is pulled back by technology stocks. DXY is hovering around 101, with stable interest rate expectations, which is a favorable situation for growth stocks. This week, a few people from the Fed will come out to give speeches, and there will also be some noise during the end of season inventory adjustments. But I am focused on one thing: whether semiconductors can surpass the previous high in one breath. I tend to be able to. There is no reason to short, nor is there a better direction than semiconductors. Wait until the top breaks down before talking. Guessing tops is the most expensive hobby.