The Semiconductor Bubble is Finally Popping

22 июл.

I believe it is time for one of the biggest bubbles in history to be popped. I'm talking about semiconductors here, but really I would call this entire situation an "everything bubble." i think it all starts with semiconductors though, once the bubble pops it's going to get ugly quick and shorts will pay. However, timing such a move is difficult, but with some good TA you can increase the odds quite a bit. As always, it's only worth risking so much, top picking is a fool's game. Don't short just because of me. If anything, it might just be best to reduce long exposure for the time being rather than shorting.

I go over some charts for SOXX NVDA and more, which I have individual ideas for also. All of these charts feature bearish patterns and major trend breaks. It is all adding up, every single semiconductor I see has a major downside break and NQ is on the edge of breaking its uptrend as well.

We'll have to see how it goes, if I knew what was going to happen for sure I'd be on my yacht right now.

23 июл.

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Red day for semis, but mostly flat. Some are seeing a spike after hours, but we'll see how things shake out by open. Didn't see much of note today other than continued weakness on NQ. It has still been unable to get back above 20k and hold there, while also being below the critical trendline from 2023. I don't know if of when the bubble pops obviously, but there are many more things than discussed here that are support this thesis as well.

One of those things is retail trader sentiment, which you can gauge by looking at some of the comments on my short ideas and other social media. There's also hard data that suggests retail sentiment is unusually high right now, which almost always leads to pain. Food for thought.

media.discordapp.net/attachments/1199604849256443955/1265412242287886447/image.png?ex=66a16a7c&is=66a018fc&hm=544ff717a5881d4c564356eb09190ef8d91ddd87d8dfec2586d3ac0ca104d441&=&format=webp&quality=lossless

23 июл.

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Sorry bad link.

imgur.com/a/j3tIYrp

24 июл.

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