Micron Technology is listed among the AI-driven companies that are thriving and elevating the market, suggesting it's a good long-term investment.
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The Stock Market Is Falling Apart (Here's Why)
The creator discusses a market downturn, noting the NASDAQ is down 1% and a significant amount of value has been wiped from US markets. He advises against using leverage at overbought levels, sharing personal trading experiences and emphasizing risk management for beginners. The geopolitical situation involving Iran is mentioned as a contributing factor to market volatility.
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Microsoft is identified as a thriving AI-driven company that is contributing to the market's elevation, making it a good long-term investment.
Nvidia is mentioned as one of the AI-driven companies that are thriving and elevating the market, making it important to be invested in such names long-term.
The creator has an active short position on Palantir (PLTR) despite seeing potential for a large gap down on larger timeframes, but advises caution due to personal risk tolerance.
The creator closed out a short position on Moderna (MRNA) because it wasn't progressing as much as expected, taking a small loss.
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