LAMBOS for almost everyone! Supposing you could order one, given that they can’t get the chips they need to build the Great Britain British Flag Sideways T-shirt. $NXPI got to 214 before pulling back to 202. $ON hit 43 2 weeks before I predicted it would. $MRVL failed to live up to expectations and has been essentially dead money since that posting, but if you’ll recall I was very explicit that I was bullish on them ONLY as a 5G play, whereas the others I felt had more range and scope. So short-term $MRVL play was a loser if you moved up the timeline I liked. Oh, and $UTZ printed for everybody that just bought in because they liked the product. It was a nice little pocket play.
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The trade ran its course to perfection. As I’ve been saying for a little while now, semis, with the exception of $NVDA, are not presently an interesting Great Britain British Flag Sideways T-shirt because there’s been a rotation out of them after this period of growth. I am still incredibly bullish on the sector as a whole, but they need a breather and some time out of the sun before continuing a leg up. They’re not even good rangebound trades right now. And LOL @ any of you clowns who bought $TSM anyways because Cramer and his cult of Shortbus All-Stars told you they were the best in breed. Suckers. In the case of $MRVL, they acquired another company and now are going to “officially” become a US company instead of that tax dodging shit they’ve been pulling, which means the thesis about them lining up for gubmint money is sound and will happen down the road.
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