EL Delirio Duriano
commented on
$Marvell Technology (MRVL.US)$ when everyone is in fear is the time to buy the dips
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$iShares Semiconductor ETF (SOXX.US)$ Almost time to buy SOXS.
$Okta (OKTA.US)$ Cup with.. handle yet
$HIVE Digital Technologies (HIVE.US)$
Anyone knows what happen? Bitcoin broke below $60K was yesterday anyway.
Anyone knows what happen? Bitcoin broke below $60K was yesterday anyway.
EL Delirio Duriano
voted
The chip selloff does not automatically mean the AI trade is broken. But the burden of proof is now higher.
Investors need confirmation from real catalysts: Micron for memory, Qualcomm for AI diversification, Taiwan revenue data for the supply chain, potential AI model news for demand and PCE inflation for the valuation backdrop. If these signals stay strong, the selloff could look like a reset after an overheated run. If they disappoint, the correct...
Investors need confirmation from real catalysts: Micron for memory, Qualcomm for AI diversification, Taiwan revenue data for the supply chain, potential AI model news for demand and PCE inflation for the valuation backdrop. If these signals stay strong, the selloff could look like a reset after an overheated run. If they disappoint, the correct...

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EL Delirio Duriano
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The memory and AI semiconductor trade was hit by a broad leveraged selloff today.
$Samsung Electronics (005930.KR)$ and $SK Hynix (000660.KR)$ both plunged more than 10%, while $iShares MSCI South Korea ETF (EWY.US)$ dropped 11% and its 3x long $Direxion Daily MSCI South Korea Bull 3X ETF (KORU.US)$ fell 32%.
The pressure also spread to US semi stocks. In premarket trading, $NVIDIA (NVDA.US)$ fell 3.2%, $Taiwan Semiconductor (TSM.US)$ nearly 6%...
$Samsung Electronics (005930.KR)$ and $SK Hynix (000660.KR)$ both plunged more than 10%, while $iShares MSCI South Korea ETF (EWY.US)$ dropped 11% and its 3x long $Direxion Daily MSCI South Korea Bull 3X ETF (KORU.US)$ fell 32%.
The pressure also spread to US semi stocks. In premarket trading, $NVIDIA (NVDA.US)$ fell 3.2%, $Taiwan Semiconductor (TSM.US)$ nearly 6%...
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$SpaceX (SPCX.US)$ As a swing trader I bought at 162 and unloaded at 220. Many experts have forewarned that this is a low float stock with over traded volume but still many hold it for position trade. Get ready to endure a long period of basing and high opportunity cost particularly when the entire space sector is under deep correction now. Wait a minute, wouldn't joining the NASDAQ100 it push it up because main index tracking funds are forced to buy it? Well, let's see.
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EL Delirio Duriano
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Tape couldn't be friendlier. $SPDR S&P 500 ETF (SPY.US)$, $Invesco QQQ Trust (QQQ.US)$ and $iShares Russell 2000 ETF (IWM.US)$ are printing fresh all-time highs, an Iran peace-deal headline is dominating the wire, and SpaceX is once again swallowing every spare unit of attention. None of it is the next hurdle. The next hurdle lands Wednesday at 2:00 p.m. ET, when Kevin Warsh takes the Chair's seat for the first time. June...
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EL Delirio Duriano : And you sure the dip won't dip further?