What's on your mind?
$Seagate Tech(STX.US)
Post 5 Ep.26
A few days ago, I was trying to decide what to buy for the great market sale. The only companies that impressed me were SKHY, Sandisk and Seagate. I decided on Sandisk, Seagate and the tech indexes of SMH and SOXX.
@Captain's Treasure
$iShares Semiconductor ETF(SOXX.US)
Post 4 Ep.26
I was looking at the various companies that reported earnings this week and was very impressed with two in particular. STX and Sandisk. Bought both as well as SMH and SOXX for the more diversified tech basket.
Luckily SOXX, being a semi counter that moves along with the earnings, qualifies as an earning counter for this week’s episode.
@Captain's Treasure
$iShares Semiconductor ETF(SOXX.US)
Post 4 of Episode 26
I was talking about the two semi ETFs that I was eyeing for this pullback. Yesterday I shared SMH and this is the other one. Much like SMH, SOXX carries much of the tech world and is also one of the earning counters applicable to this week’s episode.
@Captain's Treasure
$VanEck Semiconductor ETF(SMH.US)
Post 3 Ep.26
What a sale the market is offering at the moment. There are so many good counters on sale! Cannot make up my mind so decided to buy SMH since it contains so many good tech counters including almost all the earning counters of this week’s episode.
@Captain's Treasure
$VanEck Semiconductor ETF(SMH.US)
Post 3 of Episode 26
I was deciding on what to buy on this discount that the market is providing and decided to buy SMH rather than an individual name. It provides a diversified spread as well as one of the earnings counters this episode being one of the semi ETFs.
@Captain's Treasure
Looks like SMH is starting the possible fifth wave down of C which I mentioned earlier this week. This will be the ultimate bear trap and a fantastic buying opportunity.
Alphabet had its worst day ever, and Amazon and Intel slid after hours. Eli Lilly and Apple bucked the selloff with records. Let's dig in 👇 💬 Big Tech is paying for AI with cash flow. Buying the Alpha...
Single Leveraged ETF
🌟🌟🌟A single leveraged ETF is like taking a high performance sports car, removing the brakes, disabling the traction control and driving it at 200 km/h through a crowded neighbourhood instead of a wide open racetrack. It is definitely not for the faint hearted.
In contrast when you invest in a standard sector ETF like $VanEck Semiconductor ETF(SMH.US)you have a fleet of 30 different sports cars driving together. If one gets a flat tyre (like $Intel(INTC.US)) having a bad week, the other 29 cars like $NVIDIA(NVDA.US)and $AMD(AMD.US)keep the overall team moving forward.
With a single stock leveraged ETF , you are driving exactly 1 car.
If you buy $NVDA 2X Long ETF(NVDL.US)you are driving the NVIDIA car.
If that single car hits a beautiful straight highway like the ECP and speeds up by 5% in a single morning, your leveraged engine multiplies that speed, rocketing your portfolio forward by 10%. You feel like a racing champion.
However if $NVDA 2X Long ETF(NVDL.US)hits a pebble, your car can violently flip over and crash. A sudden 10% drop in NVDL can instantly translate to a 20% devastating wreckage before you even have a single sip of coffee.
The Bottom Line
You don't use a single stock leveraged ETF to drive across the country for your retirement marathon. You take it for a quick, high speed lap when you are 100% certain the track ahead is completeiy clear. This could be right before a major product announcement and you park it right back in the garage the second the weather changes.
Decoding the Implied MoveOptions dealers typically price event-driven moves, like earnings, at about two standard deviations. Halve that implied move, and you get a rough gauge of the stock’s daily sw...
Right on cue! Three waves up on the SMH as a fourth wave now looks complete. Fifth wave down into the end of the week and we are good to go!
Every stock in the Philadelphia chip index rose as Anthropic filed for its IPO, and Tesla jumped on a SpaceX merger bet. At home, the banks slipped. Let's dig in 👇💬 Anthropic's filing lifted every chi...
#SplusLessons: Distribution
A pullback on light volume is usually healthy profit taking. A break below the 50ma on heavy volume means institutions are leaving.- $SMH shows distribution. - $Eli Lilly(LLY.US) is a low volume pullback.Read hundreds of charts and train your memory.This is the flush that I was looking for. Some may even call it capitulation. Hallmarks of a 5th wave of a C wave on the SMH, SOXX as well as various tech names. Money is staying in equities and just rotating. I believe tech has bottomed out or is very close to.
Western Digital grew revenue 55% and raised its dividend, then fell 6%. Lam Research beat and fell twice as hard. At home, banks slip while REITs bounce. Let's dig in 👇💬 Chip stocks are selling off on...
