The weekend sentiment seems to have turned slightly favorable for semiconductors. The US and Iran have been in a mood of easing tensions for the second consecutive day with no additional attacks. News of Nvidia expanding its AI investment is also positive. Of course, ultimately, Big Tech earnings will be more important this week, but riding the current momentum, I plan to average down starting tomorrow and look for an opportunity to exit. I hope nothing happens overnight...
The US and Iran have been in a mood of easing tensions for the second consecutive day with no additional attacks. News of Nvidia expanding its AI investment is also positive.
Of course, ultimately, Big Tech earnings will be more important this week, but riding the current momentum, I plan to average down starting tomorrow and look for an opportunity to exit.
I hope nothing happens overnight...