Likes ReceivedJust a reminder
Semiconductors have already risen a lot recently, everyone's profits should be quite good. Whether it's institutions or retail investors, someone might want to take profits and run at any time.
The probability of a pullback is increasing. If you want to buy, you can wait.
My personal view is, I'd rather miss out a bit and not chase the highs too much, after all, there are plenty of opportunities in the stock market.
The experience of being left hanging high after FOMO is truly uncomfortable.
Just my personal opinion, not investment advice.
$Intel(INTC.US)
The market is slowly shifting its focus to CPUs and ASICs.
The three CPU giants: AMD, Intel, and Arm.
I've held all three of these, but I've taken profits on all of them.
Intel at $46
AMD at $230
ARM at $130
I've said before, if there's a good pullback, I'll get back in.
I was hoping Intel's earnings might give an opportunity, but it shows no sign of turning back at all.
On the ASIC side, I only have a small position in MRVL, about 2% of my total portfolio. I'll just keep holding it.
This year,
Software stocks are soft enough; one earnings report and they flood.
Hardware stocks are really hard; SMH keeps hitting new highs frequently.
The sector divergence is really intense.....
$Intel(INTC.US)
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