🌟🌟🌟This has been a brutal week for tech stocks especially semiconductor stocks.  The bloodbath was driven by a perfect storm of technical, macro and geopolitical catalysts.

However I believe that this is a healthy pullback and the long term case for semiconductors remain rock solid.  The core driver of this selloff is profit taking and a sector rotation rather than an absolute drop in chip demand.

So I got into action and bought $Roundhill Memory ETF(DRAM)$ to hold long term.

As Warren Buffett likes to say: "When there is fear in the markets, it is time to be greedy."

@TigerTradeNewbie @Tiger_comments @Tiger_SG @TigerStars

# SanDisk Crashes 12.6% to Lead Storage Rout β€” Can the Memory Supercycle Be Trusted?

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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  • clouddragon
    Β·07-18 21:07
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    I think one important factor is the margin changes for Korean traders which have been heavily leveraged into the AI trade.
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
      07-19 09:51
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    • koolgal:Β 
      May you have a winning week ahead πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
      07-19 09:51
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    • koolgal:Β 
      It is a scary time for these Korean traders.
      07-19 09:51
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  • 1PC
    Β·07-18
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    • koolgal:Β 
      May you have a winning week πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
      07-18
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    • koolgal:Β 
      Have a wonderful weekend πŸ–οΈπŸ–οΈπŸ–οΈ
      07-18
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
      07-18
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  • Investordude1301
    Β·07-18 20:58
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    Let’s keep buying $Roundhill Memory ETF(DRAM)$ and $SK hynix(SKHY)$!!!
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    • koolgal:Β 
      Thanks for sharing your valuable insights πŸ₯°πŸ₯°πŸ₯°
      07-19 09:50
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
      07-19 09:50
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    • koolgal:Β 
      Happy weekend πŸ–οΈπŸ–οΈπŸ–οΈ
      07-19 09:50
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  • icycrystal
    Β·07-18
    TOP
    thanks for sharing
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
      07-18
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    • koolgal:Β 
      Appreciate your support πŸ₯°πŸ₯°πŸ₯°
      07-18
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    • koolgal:Β 
      Happy weekend πŸ–οΈπŸ–οΈπŸ–οΈ
      07-18
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  • CHINNY168
    Β·07-20 18:33

    Great article, would you like to share it?

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  • zuma
    Β·07-19 07:38
    thx
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    • koolgal:Β 
      May you have a winning week ahead πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
      07-19 09:49
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
      07-19 09:49
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    • koolgal:Β 
      Happy Sunday πŸ–οΈπŸ–οΈπŸ–οΈ
      07-19 09:49
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