NVIDIA is mentioned as a semiconductor stock that has been priced for perfection and has been wiped out, suggesting a potential hold or wait-and-see approach.
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stock market crash is about to happen. here’s what i’m doing … nfa dyor
The creator discusses an impending stock market correction driven by factors like strong jobs reports, potential rate hikes, geopolitical tensions affecting oil prices, and the impact on high-growth tech and semiconductor stocks. They mention Broadcom's mixed earnings and subsequent stock drop, the spike in the VIX index indicating market fear, and their strategy of using a modified DCA and looking for undervalued companies. The creator also offers to share their portfolio and trade alerts.
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Advanced Micro Devices is listed among semiconductor stocks that have been priced for perfection and have been wiped out, suggesting a potential hold or wait-and-see approach.
Broadcom's stock dropped 12% despite strong AI revenue growth because their full-year guidance did not meet sky-high expectations, signaling potential AI spending plateau.
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