Am I a dolt for hanging onto my semiconductor stocks? $NVDA, $AMD, $QCOM, $MU, $SYNA. I did not realize when I first bought them a decade ago that chips were really or noticeably cyclical and that seems to be a big part of the explanation of the fall this year, in addtion to the general marekt sentiment and fear of recession. I can see it with memory chips such as MU, but it seems like with crypto and the EV auto market and supply constraints, that AMD and NVDIA would be less prone to the cyclicality. Am I just trying to convince myself to stay in when I should get out?
It’s interesting $TSM does not get its proper recognition for making pretty much all of $APPL and $NVDA $AMD chips all because of the risk of china attacking Taiwan. The bigger picture is ALL equities will fall maybe even 75%if china attacks. China manufactures 1/3 of the entire worlds stuff. Taiwan also manufactures almost 3/4 of the worlds semiconductors
Is no one else afraid of China attacking Taiwan? Companies like $NVDA, $AMD, $TSLA, $AAPL, who have operations in Taiwan especially, or mainland China would all be affected. China is continuing to grow their military and build it's unsinkable aircraft carriers in the South China Sea. The signs are all there, like when Russia started building troop positions around Ukraine. Why aren't companies like NVDA moving manufacturing outside of Taiwan???????? An attack by China (WHEN, not IF) will send stock prices down 50% or more in a blink of the eye.
$AMD conversation
I rarely do any prediction. But I will do one for the "Bull"
100 x June 24 Strike $80 call for $3.60
*Bull 5 days ago
$AMD conversation
Take your lucky gain and RUN unless you want to see it disappear AGAIN next week"
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$^dji $^gspc $aapl $msft $amzn $goog $meta $snap $tsla $rivn $amd $nvda $twtr
$AMD conversation
It looks like semi sector could get a down grade next week
Only weak sector today"
"Bull 16 hours ago
$AMD conversation
Take a selfie with the lucky gain which be gone as early as tomorrow"
"Bull yesterday
$AMD conversation
Take a selfie with the lucky gain which be gone as early as tomorrow"