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Tuesday, January 30, 2024

CHIPS

AMD and NTSC missed earnings should be good for SOXS tommorow. Still long SOXL shares Im in no hurry to sell just yet as my average buy was in the $14 zone. The SOXS is an option trade so selling those if we get a nice pop. Enjoy the ride.

Make it up make it down ..Easy money.

QCOM earnings tommorow and FED day so there will be volility so be paitent. 

SOXS target is $9 plus or minus of course

EOM tommorow will be nice to see Red markets Green crypto it could signal a cool down in traditionals and the start of a rotation back into crypto. Should this happen we get a buy opp in Stocks which could be a 20 or 30%  correction. 

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