@Branson_LEE_ Why? I am just saying how things look. The chart needs to prove it can hold above $186-$190 today, then we might get nice momentum, but currently we are in an ugly downtrend
$NBIS
Not gonna lie
The chart is very bearish, and the price action is pretty weak. Unless we get some catalyst, we will probably see the 150s
I told you $NBIS $150, $IREN $30, but the second one got a nice catalyst today, so this one will run away from it
$NBIS might not
I expected the US-Iran conflict to end before August, followed by a shift toward US-China tensions.
Now the US-Iran conflict is still unresolved, while US-China tensions may begin at the same time, adding more uncertainty to the market.
Analysts keep searching for the bottleneck. You’re overthinking it. the biggest one right now is a company called “KOSPI.”
Free alpha.
(Just kidding. Please recover soon. Also, when will the US stop tracking KOSPI? :()
Initially, Liwei was feeling pretty relaxed watching the broader market slide, having successfully cashed out a significant portion of his optical communication stocks near their peak.
Earlier this week, after seeing Korean memory stocks get absolutely flushed and then stage a sharp rebound, Liwei thought the bottom was getting close and started buying the dip aggressively.
Two trading days later, almost every dip-buying position is down another 15–20%. The most painful one was the 2x SK Hynix ETF, $7709.HK, which went from nearly +50% to -20% in just two trading days.
Needless to say, Liwei isn’t feeling nearly as relaxed anymore. 😮💨
Maybe, in hindsight, I stepped in too early. But if there’s one thing I want retail investors to remember, it’s this:
When bearish headlines are everywhere, this is usually not the time to panic sell. If you’re going to sell, at least wait for the rebound instead of dumping into maximum fear.
@asklivermore Bro, this is very different from the dot-com bubble.
Back then, many companies had little or no real revenue. Today, most leading companies have real revenue and profits.
If the market still crashes the same way, the cause will likely be different—a true black swan.
Wall Street and hedge funds are extremely angry that they were wrong about AI stocks in general and they are very angry that they missed the massive runs on them. They focused all of their firepower to destroy the sector and shake out anyone they can to punish them and get in cheaper for themselves
Some might say this is a relief pump, but let's be real.
This is the worst high beta sell off in over 27 years.
Things like this don't happen often.
Market is near ATHs as high beta got crushed the last month.
Hoping we will see some rotation back in during the coming month with Mag7 earnings coming up.
If this so happens to be the bottom, since I'm getting some sparks over here...
I would be scooping up the following stocks as fast and as hard as possible:
$SNDK
$NBIS
$SKHY or SK Hynix 000660
$AAOI
$PENG
$AHER
Wishing you all success.
I think most companies will beat expectations this earnings season, but I don’t expect the results to be reflected in stock prices right away. We may have to wait until after September for a real move.
Hope I’m wrong, though I’m holding from much higher levels too.
Jim Cramer on $NBIS:
“Nebius is at the nexus of the craziness right now. This stock is not done going down. There will be another time to buy it, but that time is not now.”
The bottom signals have begun.
With every AI buildout company melting under the sun. Which is a company you would want to invest in right now?
I’m looking for my next deep dive.
I already covered, $SNDK, $MU, $AAOI, $CCXI, $SKHY, $NBIS on my substack.
Preferably not a small pre revenue company.
I’m thinking $LITE as the main guidance for the future of pure play photonics.
Don’t worry I’ll do $SIVE but it will be closer to their US listing than now.
I’ll hear your recommendations and the most mentioned ticker gets a deep dive.
Don’t do d̶r̶u̶g̶s̶ margin in times like this.
Be safe out there.