Skechers is mentioned as part of a group of stocks experiencing normal pullbacks.
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Stock Investors, Everything Just Changed (AMD, Micron, Amazon, & Microsoft)
The creator discusses a volatile week in the stock market, highlighting significant moves in tech stocks like Microsoft, Amazon, Apple, Meta, Micron, and AMD. The discussion touches on macroeconomic events like FOMC and PCE data, as well as a significant unwind in the AI trade originating from South Korea, impacting memory chip companies.
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Tickers discussed in this post
SanDisk saw a remarkable 40% run from its bottom, with the creator achieving a 42% gain in 12 hours on a 3x leveraged long trade, highlighting the strong positive momentum in the AI space.
Google reported earnings and crushed them, but then crashed, bringing down other hyperscalers and creating nervousness around Amazon's subsequent report.
Robinhood released earnings and beat expectations, similar to SoFi.
The creator bought SoFi after its price pulled back, as the company 'absolutely smashed it' with its earnings.
AMD has fallen off a cliff this week, similar to Micron.
Nvidia was down 3% this week.
Micron was down 10% this week and is currently pulling back, with the creator planning to discuss its fundamentals and technicals.
Meta was down 7% this week.
Apple was down 7% this week.