For tracking or charting chips, use $SOX.
For trading or investing in semis, go with $SMH.
(options and derivatives too)
Semiconductors are staying a top market theme.
Late nights fixing up my Abarth ๐ Swapped the map sensor and tightened all the intercooler piping bands to make sure thereโs no leaks. Should be good now ๐ค
#Abarth
๐บ IS $META STARTING A NEW PLAY? + SEMIS LOOKING WEAK + $AMZN NEXT IN LINE?
The big question: is Meta's latest AI news a short-term trade or a whole new market story?
Skip the headlinesโwatch the price action. The first reaction is just step one. Key for swing traders is
XAUUSD
Gold is down from the sellzone ๐
Short gold
4140 to 4124, +160 pips ๐ฅ
Even with the jobs report, it moved where it should today ๐
I closed all my long positions at that sellzone ๐
$META "compute" news hitting some neo-cloud names hard this morning ๐
$NBIS -13%
$CRWV -10%
$IREN -5%
$CIFR -8.5%
Zuckerberg says selling extra compute capacity is "definitely on the table."
Markets are worried new supply will push pricing and demand lower.
I set up my 2nd SPS tank trying to copy an overseas MIX-REEF layoutโฆ a few years later it grew in and turned into the usual SPS tank ๐ . Nitrates don't matter much, just keep phosphates under 1. Pump flow strong. Dobaku's my go-to. Be careful during maintenanceโif detritus kic
Only these "golden zones" will really survive in Japanese stocks ๐พ
๐ฅ Must watch
Memory / Semiconductor equipment โ KLab, QD Laser
Optical fiber & cables โ Fujikura, Furukawa Electric
๐ฅ Cash gathering
MLCC โ Murata, TDK, NTT
Gov DX & cybersecurity โ NEC
Defens
Gold / XAUUSD analysis:
Sitting around $3,957 right now.
Downtrend's still going, prices are struggling to push up.
The blue zone used to be solid support โ now that it's broken, it's become resistance.
๐ Short setup:
Entry zone: $3,973โ$3,983
TP: +100, +200, +300
Mornin' ๐ธ
Weekly Lab report is here ๐ฅฐ
NASDAQ100 in a snapshot
Nasdaq100 dropped hard this week, down 4.24%
The Magnificent Seven and other big names are looking weak
Apple fell 8.62%, Palantir dropped 12% too
Micron had solid earnings, but semiconductors are seeing p