$KLAC rose 4.763% in the past 24 hours, but the funding rate is zero. This price increase is quiet, without a premium from bullish sentiment.
Policy swings in an election year are the main drag on valuations for semiconductor equipment stocks. The higher the policy uncertainty, the murkier the order visibility for these capital-intensive companies, and the less willing capital is to assign a higher valuation. Looking at the single signal alone, there is currently a lack of a clear policy catalyst.
If the funding rate turns negative and the price falls, my judgment will be invalidated. I am currently trying a small long position, with a stop loss set at the previous low.
Trading tag: #TradFi #链上美股 #KLAC
Where do you think this line of reasoning is most likely to be wrong?
Policy swings in an election year are the main drag on valuations for semiconductor equipment stocks. The higher the policy uncertainty, the murkier the order visibility for these capital-intensive companies, and the less willing capital is to assign a higher valuation. Looking at the single signal alone, there is currently a lack of a clear policy catalyst.
If the funding rate turns negative and the price falls, my judgment will be invalidated. I am currently trying a small long position, with a stop loss set at the previous low.
Trading tag: #TradFi #链上美股 #KLAC
Where do you think this line of reasoning is most likely to be wrong?