Lam Research (LRCX) is mentioned as one of the AI stocks getting 'whooped' in the current market pullback.
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AI CRASH: Stop Trading Until You See This!
The creator discusses market volatility and a recent gap down, highlighting NASDAQ's critical support range. He mentions taking advantage of the dip with short positions on Dell and Coreweave, attributing market pullbacks to overleveraged investors buying at overbought levels, particularly in AI stocks. The creator emphasizes preparation for such market movements and expresses excitement for the potential of his Dell short trade.
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NBIS is mentioned as one of the AI stocks getting 'whooped' in the current market pullback.
Nvidia experienced a pullback but is considered a great long-term investment despite an unfortunate red day.
The creator has an open and larger short position on Coreweave, citing an overbought reversal and a significant gap down with greater downside potential.
Dell was the creator's big trade of the day, initiating a short position after a significant gap down, with expectations of further downside.