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Semiconductor stocks swing: What's next?
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needs to close above ema50 167.380

$Taiwan Semiconductor (TSM.US)$
even nvda and avgo are tanking, a lot of weakness at the moment. i am still bullish but buy dips with caution don't go all in on a single trade, don't overleverage yourself
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  • Give Me My Money : What’s your view on next week market.

  • MomentumPython1337 OP Give Me My Money : i hope this pullback stops there because my main portfolio is down my moomoo is down basically every shit is down even the value ETFs they're down so it's a lot of short term pain

    i think first of all biden needs to say that he's quitting the race he needs to stop being greedy and announce the next in line to run for president I don't know if it's Kamala harris or someone else but he needs to do it preferably during the weekend.

    the 2nd of all is earnings.  next week we have googl reporting and many other companies reporting those need to not suck. if they're okay or excellent then people will relax and calm down and money will start flowing back again

    and lastly trump needs to stop sayinf controversial shit like asking taiwan to pay for defence  or imposing tougher restrictions on trade with china. the market especially semi stocks hate shit like that. he needs to stick to other topics like building the wall. or he can talk about decreasing corporate tax rates and deregulating mergers and acquisitions because stocks especially big tech will love that

  • pootpoot : if nvda tank further we are going back to 110.. [undefined]

  • Pheap MomentumPython1337 OP : Asking Trump to not say controversial shit is like asking the sun to rise from the South, bro.

  • 102772016 MomentumPython1337 OP : Yeah, I agree it is not NVDA that drops but my entire portfolio for US and SG all are in red. I am wondering if it is market crash. I chased the dip till no bullet & wonder when is the deepest dip. Have never experienced all my two countries portfolio going into red. Just feel it is not right but no way to pull out coz will be loosing too much, if I do.

  • Jonathan Hughes302 : Will the dividend still be 5.25 per share quarterly?

  • MomentumPython1337 OP 102772016 : during end of covid many of the stocks i were holding were in the deep red those stocks i had conviction in like NVDA and GOOGL i never sold them once i only added on dips

    i did sell some others the crappier companies because I didn't have confidence they could weather a high interest harsh macroeconomic period

  • 102772016 MomentumPython1337 OP : Are we like at the end of covid period now? If so, that’s bad..