More Bad News for the Nasdaq tomorrow .... this is not good !

let's lookout for
triple cheeseburger trade.
upload_2020-9-4_8-54-35.jpeg
 
derektrader said:
China is planning for comprehensive policies to bolster its domestic semiconductor industry in a retaliatory move to counter the Trump administrations restrictions, wrote Bloomberg. Leaders in China are "preparing broad support "for third-generation" semiconductors through 2025, added the story. "
More...
This was out premarket hence the NVDA/AMD etc slaughter
 
S2007S said:
Was wondering why the semiconductors were all down after hours. Nvda took a nice swing down along with the others that have been leading the nasdaq one way, up. This is some wild news for this industry that no one saw coming.
More...

It's just knee-jerk reaction. Eventually they will all adapt. China's announcement is more bark than bite for show-off. Tomorrow is another day. NFP data is coming out.
 
Tradex said:
Why not?

Why would you limit yourself to long only positions?

And what would you do during bear markets, go fish until it's over?
More...
Tradex said:
Why not?

Why would you limit yourself to long only positions?

And what would you do during bear markets, go fish until it's over?
More...

Maybe derektrader is the last of a breed who considers shorting to be unamerican.
 
China already bought older VIA chipsets and is in partnership with them. They've made functional but market-wise uncompetitive products already.
 
Wait till November 4, 2020. If President Donald Trump is re-elected, I see him tightening efforts to ensure compliance from China on the Phase 1 trade deal they signed with the US to remove some of those tariffs? So far, the US has given China leeway with the Corona Virus pandemic more time to buy more US goods. China will have to either ramp up and buy more semiconductor chips from the US or get tariffs re-imposed on most of their products. Let us see if the Chinese are stupid enough to roll the dice and crap out.
 
You must log in or register to reply here.
Back
Top