Svmuu News: The Kobeissi Letter posted on X, stating that the tech sector has recently been experiencing volatility rarely seen in recent years. The semiconductor ETF SMH and the software ETF IGV have each seen daily price swings of 4% or more on 34 trading days so far this year—a 278% increase from the previous record of 9 such instances set in all of 2024, and exceeding the cumulative total for the past seven full years. Specifically, SMH has seen three single-day declines of more than 4% in July alone; the 3x leveraged semiconductor ETF SOXL has recorded 18 trading days with daily price movements of 10% or more since June.