To The Moon

For semi-conductor stock, TSMC is always my top choice giving its dominance in high end chips (TSMC supplies 92% of the world most advanced chips of 7nm and 5nm) and is the world most valuable semiconductor company. My confidence in this stock remains strong giving the very positive earning outlook from the management recently. Although I am pessimistic with the current stock market (I personally believe the stock market can drop another 10 to 15%), I will begin to buy the dip in TSMC (starting small) and continue to buy more if drop further. This is because these few days there are too many negative news around this stock which in my opinion presenting a good buying opportunity eg. Samsung beats TSMC to mass produce 3nm chips (the fact is Samsung still far behind TSMC in term of the production of the world most advanced chips especially the production yield). This is the only stock that I am begin to buy in dip for my long term holding. My opinion remains the same: don't buy the dip now as the war is continue and inflation is stubbornly high and most importantly the upcoming earning session might disappoint the market. My plan remain the same: trade the stock market, buy when a sea of red and sell during strong rebound.