🎁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)
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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.
@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.
ASML basically saying Nvidia has an undisputed, long and strong runway beyond 2025.
reminder the largest holder of ASML is.... INTC