$Intel(INTC)$ Down 32% in 30 days, yet the only thing that changed was the best earnings report in 15 years. I think sticking to the fundamentals and taking emotions out of it makes more sense here.
$Intel(INTC)$ It closed an April gap after a -22% down-swing. Two of the last four down-swings were also -22%. The focus seems to be shifting to the upside now.
$Intel(INTC)$ For anyone who's been holding since the $40s, watching this drop from $140 to $90 feels more like popcorn time while reading the comment section.
$Intel(INTC)$ The sell-off on record revenues across the board feels pretty overdone to me. It seems like the broader market's risk-off mood is overshadowing what were actually solid results. Once the market stops panicking over the capex narrative, I think this could recover fairly quickly. Just one of those days where even great numbers from Intel couldn't hold any upside.
$NVIDIA(NVDA)$ $Advanced Micro Devices(AMD)$ $Intel(INTC)$ $Micron Technology(MU)$ The current correction feels like it's dragging on, but these things are normal and happen every year. Fundamentally, nothing has changed. I think these stocks could recover pretty quickly. I'm holding my position and being patient, not adding more on margin.