The Fed is targeting inflation, from raw materials, to consumer staples, to asset prices like housing and equities. The stock market was already inflated going into the pandemic, and then it was over-inflated to avoid a larger catastrophe. The time has come to pay the piper and correct the course, for the sake of society and our monetary system. So please, accept it, don't resist and DON'T FIGHT THE FED!
Everyone take time to thank J. Powell and his gang for giving us an opportunity to buy quality semiconductor stocks at huge discounts. The thought of buying NVDA for $150/share or $AMD for $60 makes me weep with joy. I didn't include Intel because no one should own Intel shares.
Semiconductor stocks looking very overwild now. Semiconductor companies are at an inflection point. The fabs are running at 100% capacity, equipment can't be built fast enough, sales are way up with backlogs of orders for a couple years out. Demand is only increasing. Most are oversold due to a worry that is proving to be incorrect. Oversupply is not happening! At least not in the next 2-3 years, if at all (I believe cyclicality is no more for semiconductors). TSM, $QCOM, $AMD, $KLAC, $ASML, $LSCC, $NXPI, $ON, $TXN...all the major players are having some of their best quarters ever, beating expectations and stressing NO diminishing demand foreseen for years out. And this is even with supply chain headwinds, which will eventually ease. My point, demand is stable while the macroenvironment is not. Certain technologies (like semi's & cloud) will continue to grow and outperform regardless of how negative sentiment becomes. GLTA!
$^ixic $^gspc $aapl $msft $amzn $goog $tsla $nflx $amd $fb $crm $panw
$AMD conversation
Anything you buy now in After hours , be green big tomorrow
Or else, you'll get caught in the fade...
$^gspc $^ixic $aapl $msft $amzn $goog $nflx $tsla $fb $amd
Remember when we cheered when AMD overtook INTC ? AMD is moving to take on NVDA.
"Bull5 hours ago
$AMD conversation
Anything you buy now in After hours , be green big tomorrow"
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