🎁What the Tigers Say | Chip Stocks Slipping: Time to Buy More or Take Profits?

$ASML Holding NV(ASML)$ dropped 16% after missing third-quarter earnings and revenue expectations.

$NVIDIA Corp(NVDA)$ also struggled, failing to break above $140 and slipping 4.5% on Tuesday. $Advanced Micro Devices(AMD)$ fell 5%, and $Broadcom(AVGO)$ lost 3.47%, while $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ surged 15%.

What’s your move—buy more or lock in profits?

What are your trading strategies in this volatile chip market?

🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.

Click titles to read the full analysis:

1. @Barcode: I brought the dip during  the panic

Key Points:

$NVIDIA Corp(NVDA)$ I brought the dip during  the panic and now it's trying to settle in with $SPDR S&P 500 ETF Trust(SPY)$ bouncing on the re-test. Analysts are trying to work it out. The dip was always coming in October, given that we are still technically in Seasonal weakness, even though the market has been strong since last year. This really wasn't a big dip and we could be in for a bigger drop yet. Historically we may not see a market reversal until the first week of November or just prior to the election on the 5th. 

$ASML Holding NV(ASML)$ getting crushed!

🇺🇸 FED'S DALY JUST SAID

3% RATE MAY BE AROUND NEUTRAL

2. @Flochin: Nvidia's Slipping: Would You Load Up at $120?

Key Points:

Last week my option call was exercised at a strike price of $132 against an average cost of $120+.  That's about 10% profit margin realized.   Not bad at all.  This Monday it continued to run up beyond $135 😅!  

Anyway I sold an option put of $125 strike price with an expiration date of Oct 25.  

2 possibilities: the put option either expires without the stock price pulling back to the $125 mark.  It then means I get to keep the premium or it gets exercised when it falls below $125 on Oct W25.   For the latter scenario, it means I have to pick up the shares @ $125.   Either way works for me 🤗!

3. @hawshy:

Key Points:

$ASML Holding NV(ASML)$ has pulled down the overall semiconductor chipmaker index, but that doesn't necessarily indicate a decrease in GPU demand. 

In fact, this could be a good opportunity to add more AI-related stocks like $NVIDIA Corp(NVDA)$  or $Broadcom(AVGO)$.

4. @phani:

Key Points:

$ASML Holding NV(ASML)$  30% Down from it's Peak. Based on technical index it will go 40-50% from here and it's showing upward trend. It's right time to Buy. 

5. @Duffyneedsmoney:

Key Points:

$NVIDIA Corp(NVDA)$ Buy more, good chance to sell put due to high premiums, up to 3% a week. If get assigned can just hold for the next surge.

6. @JevuAthi:

Key Points:

$NVIDIA Corp(NVDA)$ It may go to corrections now unti 115.

7. @nzetenia :

Key Points:

$NVIDIA Corp(NVDA)$  elections and war won't let it pass 139.

Questions for you:

What’s your move—buy more or lock in profits?

What are your trading strategies in this volatile chip market?

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⏰Duration

  • 23 October (24pm EDT)

# Nvidia Rebound: Still a Long Term Bet?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Shyon
    ·10-16
    TOP
    In a volatile chip market, following a trend is effective, especially through momentum trading. Focus on stocks with strong upward movement and use technical indicators like moving averages for confirmation.

    Risk management is essential; set stop-loss orders to protect against sudden swings and define your risk tolerance for each trade. Diversifying your portfolio by trading a mix of chip stocks can also help spread risk.

    Stay updated on industry news and earnings reports, as they can significantly impact stock prices. Swing trading allows you to capture short to medium-term price movements, while monitoring trading volume helps confirm trends and validate price actions. Combining these strategies can enhance your success in this market.

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  • icycrystal
    ·10-16
    TOP
    combination of both... buy more during trending down if company is stable... some lock in profits...

    @koolgal @rL @Universe宇宙 @GoodLife99 @HelenJanet @Shyon @Aqa @LMSunshine @SPACE ROCKET @TigerGPT

    What’s your move—buy more or lock in profits?

    What are your trading strategies in this volatile chip market?

    🎁Prizes

    🐯 All valid comments on the following post will receive 5 Tiger Coins.

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    • TigerGPT

      As an AI financial analyst, I don't make trading decisions or provide personalized investment advice. However, I can share some general trading strategies for a volatile chip market.

      Diversification: One strategy is to diversify your portfolio by investing in a mix of chip companies from different sectors. This can help spread the risk and avoid concentration in a single stock or sector.

        

      Fundamental Analysis: Before investing in any chip company, it's important to conduct thorough fundamental analysis. Evaluate the company's financial health, competitive position, growth prospects, management team, and industry trends. This analysis can help you identify stable companies with growth potential.

        

      Trend Analysis: Monitoring the market trends is crucial in a volatile market. If a chip company is experiencing a downtrend due to short-term market fluctuations, but the fundamentals remain strong, it might be an opportunity to buy more shares at a lower price.

        

      Risk Management: Implementing risk management strategies is essential in a volatile market. Set stop-loss orders to limit potential losses and consider diversifying your investments across different sectors and asset classes.

        

      Long-term Focus: Volatile markets can be challenging, but it's important to maintain a long-term perspective. Make investment decisions based on your financial goals, risk tolerance, and investment horizon.

        

      Remember, these strategies are general guidelines and may not be suitable for everyone. It's always recommended to consult with a financial advisor or conduct your own research before making investment decisions.

      Please note that the information provided is for educational purposes only and should not be construed as investment advice. Investing in the stock market involves risks, and you should carefully consider your investment objectives and risk tolerance before making any investment decisions.

      10-16
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  • nomadic_m
    ·10-20
    TOP
    $NVIDIA Corp(NVDA)$ - Took profits on recent surge. Setting buy-stop order at $125, anticipating potential dip. Ready to re-enter on a pullback. NVIDIA's long-term growth prospects remain intact.
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  • Aqa
    ·10-16
    $NVIDIA Corp(NVDA)$ is going through a rough patch with the present socioeconomic environment. Complications in government policies due to the coming election and wars cast heavy pressure on this stock. Look out to buy the dip because Nvidia’s future remains bright! 🌟🌟 Thanks @TigerClub
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  • 1PC
    ·10-16
    I Will Buy the Dip for NVDA [Facepalm]... but lack of funds 😔... (Vested with NVDA) [Cool]..... might have to forego the current dips [Helpless]. There will always be Dips in the Stock Markets [Tongue]
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  • highhand
    ·10-16
    buy more when reach support levels. check the moving averages and horizontal supports on different time frames.  stocks go down, don't sell... unless you really want to reallocate into another opportunity.
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  • @TigerGPT should investors short $ASML Holding NV(ASML)$ and short $NVIDIA Corp(NVDA)$ after the drop?
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    • TigerGPT

      Here is the analysis of $ASML Holding NV$ and $NVIDIA Corp$:

      ASML Holding NV (ASML):

      Business and Industry: ASML Holding NV is a semiconductor equipment manufacturer. The company provides lithography systems that are essential in the production of integrated circuits and microchips. The semiconductor industry is expected to grow in the future due to increasing demand for advanced chips in various sectors.  

      Latest Earnings and Earnings Forecast: In the latest earnings report, ASML reported an EPS of 5.28. The company has a positive return on equity (53.83%) and net profit margin (27.81%). According to the earnings forecast, the company is expected to have an EPS of 18.82 (EUR) in the next fiscal year and is anticipated to experience growth in revenue and EBIT.  

      Recent Trends: The support price for ASML is 717.5 (USD), and the resistance price is 799.5 (USD). The stock price on October 16th is 730.43 (USD). In terms of capital flow, there have been both inflows and outflows in the past five days, indicating mixed investor sentiment.  

      Analyst Viewpoints: Analysts recommend the stock, with 8 buy ratings and 1 hold rating. The average target price estimated by analysts is 1077.65317 (USD).  

      NVIDIA Corp (NVDA):

      Business and Industry: NVIDIA Corp is a leading technology company known for its graphics processing units (GPUs) and artificial intelligence (AI) computing technologies. The company operates in the semiconductor industry and is well-positioned to benefit from the increasing demand for AI-related technologies.  

      Latest Earnings and Earnings Forecast: In the latest earnings report, NVIDIA Corp reported an EPS of 0.68. The company has a high return on equity (123.76%) and net profit margin (55.26%). The earnings forecast predicts an EPS of 28.59 (EUR) in the next fiscal year, indicating expected growth in earnings.  

      Recent Trends: The support price for NVIDIA Corp is 107.49 (USD), and the resistance price is 131.69 (USD). The stock price on October 16th is 131.6 (USD). In terms of capital flow, there have been both inflows and outflows in the past five days, suggesting mixed investor sentiment.  

      Analyst Viewpoints: Analysts recommend the stock, with 37 buy ratings and 6 hold ratings. The average target price estimated by analysts is 148.5326 (USD).  

      Based on the analysis, it is important to note that short-selling stocks carries inherent risks, and it is crucial to consider the potential market volatility and the individual risk tolerance of investors. It is advisable to conduct thorough research and consult with a financial advisor before making any investment decisions.

      Please note that the above analysis should not be considered as investment advice, and investors should make independent judgments and decisions based on their own research and risk assessment.

      (Source: Market data, earnings reports, and analyst recommendations)

      10-16
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  • Hold until what you expected before thinking off your steam [Miser][Miser][Miser]
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  • VivianLau
    ·10-16

    ASML basically saying Nvidia has an undisputed, long and strong runway beyond 2025.

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  • Kiwi_G
    ·10-18
    swing trade where appropriate and always buy the dips. diversify
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  • 那这时候就不得不拿出这张图了[财迷]
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  • I am holding all chip shares, and I will add more if possible
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  • ADguynight
    ·10-16

    reminder the largest holder of ASML is.... INTC

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  • Combination of both I guess.
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  • Buy buy buy, it's a goldilocks market until 2025
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  • AN88
    ·10-17
    buy dip and keep for long term
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  • Nzl
    ·10-17
    Fantastic thoughts here
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  • hold tight for more gains
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  • Sujon
    ·10-16
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