To The Moon

Good opportunity to accumulate more!!

Finally!! After a bullish run since the beginning of the year, there is currently fear in the market after news of Berkshire selling away 50% of its holding in Apple appeared!!

Notably, even the AI sector is not spared! AI juggernaut such as $NVIDIA Corp(NVDA)$   is down almost ~30% from its peak, which is a potentially good stock to accumulate during the dip. Despite the concern of more severe U.S. restrictions on China, it is still a company that generate huge profit with large profit margin of more than 50%.

If Trump were to win the presidential election, it is likely that the U.S. government will impose even more severe trade curbs on companies such as ASML that continue to provide China access to advanced semiconductor technology. ASML is being target by the U.S. because it has a monopoly on making some machines which produce the most advanced semiconductors. Particularly, China accounted for 49%, or about €2.33B, of the total net system sales which were €4.76B for the second quarter of 2024. Total net system sales in the country climbed about 20% quarter-over-quarter.

Despite rising unemployment rate, the US Q2 GDP increased by 2.8% which is a positive sign that the US economy is still doing relatively well. Is the market over-reacting? What do you think?

$Semiconductor Bull 3X Shares(SOXL)$  $Advanced Micro Devices(AMD)$  $Taiwan Semiconductor Manufacturing(TSM)$  $Nasdaq100 Bull 3X ETF(TQQQ)$  

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