@NinaEmmie:$Tesla Motors(TSLA)$This is in a declining and well defined 8 month channel. Do not buy on margin. $165 is a key level that must hold. If not, there will be margin call carnage.TSLA heading back to $100. It's very difficult buying at the bottom, so I'll hold what I have.I believe we are in a bear marketBuy Low οΌ
@ElsieDewey:$Taiwan Semiconductor Manufacturing(TSM)$TSMβs #2 customer Nvidia, just behind TSM's #1 customer Apple, could in all probability be paying upwards of $10+ billion this year for TSM to make their chips. (Nvidia paid TSMC $7.73 billion in 2023 per SEC filing) Taking into account how Nvidia alone accounted for only 11% of TSMβs revenue mix in 2023, one can extrapolate that TSMβs #2 customer moves up the stack as the lag time to build + strong order pipeline into 2H24 and 1H 2025 goes up significantly over the βjust getting startedβ output for 2023. AMD is also likely moving up the stack nicely at TSM on ramped orders for their chips. The list of orders and customers appears stronger at TSM as never before.&nb
@CYberviRus:$Semiconductor Bull 3X Shares(SOXL)$ performance is directly linked to the performance of the underlying semiconductor index. Any negative news or downturn in the sector could lead to significant losses in SOXL. SOXL, the Direxion Daily Semiconductor Bull 3X Shares ETF, experienced a positive day on March 6, 2024, closing at $50.22, a significant 7.22% increase from the previous day's closing price. The rise in SOXL could be attributed to positive news surrounding the semiconductor industry. Chipmakers like Nvidia and Taiwan Semiconductor Manufacturing Company (TSMC) reported strong earnings, boosting investor confidence in the sector. The broader market sentiment also played a role. Major indices like the S&P 5