丁蟹NA
commented on
$Qualcomm (QCOM.US)$
There was news about Huawei's new chips for their new smartphone. I assumed this news would be a negative catalyst for other chip makers. So naturally, I did a little research to find semi companies that have exposure to the chinese smart phone market.
I came across an article saying that Quolcom would be affected the most by this Huawei news.
I got short dated long puts for the end of the week in a few semi companies. As you can see, it paid off big...
There was news about Huawei's new chips for their new smartphone. I assumed this news would be a negative catalyst for other chip makers. So naturally, I did a little research to find semi companies that have exposure to the chinese smart phone market.
I came across an article saying that Quolcom would be affected the most by this Huawei news.
I got short dated long puts for the end of the week in a few semi companies. As you can see, it paid off big...
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丁蟹NA
commented on
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
hmm.. they better shut that down with lead and water.
hmm.. they better shut that down with lead and water.
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丁蟹NA
commented on
If you read my update yesterday, nothing has changed.
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
looking for 13575 as a minimum 13740 as the target
13430 should be support now, below that 13350. But I want squeeze action - UP UP and then UP!
$Invesco QQQ Trust (QQQ.US)$ 330!!!
****oh, something important - if QQQ breaks 334.42 then things fundamentally change. That was the August high, and it would change my sequence from bearish to bullish.****
Stocks iam in
$StoneCo (STNE.US)$
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
looking for 13575 as a minimum 13740 as the target
13430 should be support now, below that 13350. But I want squeeze action - UP UP and then UP!
$Invesco QQQ Trust (QQQ.US)$ 330!!!
****oh, something important - if QQQ breaks 334.42 then things fundamentally change. That was the August high, and it would change my sequence from bearish to bullish.****
Stocks iam in
$StoneCo (STNE.US)$
丁蟹NA : this is just pure luck, it was 6 month ago, smic pumped, everybody knew they were making new chips. even the huawei news was a week ago. .......
丁蟹NA :
丁蟹NA SpyderCall OP : in theory, the more competitive the industry is, the less profies everybody gets. Chinese companies will drive everybody's profit to the ground. But it is hard to say, with all the government incentives, trade restrictions.
the fundamental science is the same, it is just a matter of time, China catch up, they shouldn't poke China/huawei at the first place, when everybody was making profits. Whatever industry China gets into they are going to run them at extremely low profits with high volumes and drives everybody else out of business.
丁蟹NA Dons hobby : i am just saying it is a delayed drop.