Buy US stocks, Binance, watch US stocks, follow Brother Long.
Today’s reasoning chip has completed its pullback correction. Three levels sync in closing red: $AVGO reported 354.99 USD down 2.62%, $MRVL reported 260.90 USD down 0.56%, and $MCHP reported 75.53 USD down 0.38%. Broadcom has the deepest drop, getting smashed below $354. Micron has the shallowest decline, holding above $256. The three levels move in the same direction split into three bands; money is flowing out, but not in a panic.
Once you lay out the off-market news, it’s clear. The 10-year US Treasury yield settled yesterday at 5.05%; this morning in pre-market it surged to 5.11% and held above the 5% integer level. Chip stocks are long-duration assets—when rates move up by a notch, the discounted value of far-end cash flows comes back down by a chunk. Broadcom’s valuation is relatively high, making it the easiest to get knocked down. Microcontrollers are comparatively more resilient, matching the gradient of the declines. Bitcoin also hasn’t escaped—over the past 24 hours it’s pulled back 2.64%, dropping below 84,000.
The sentiment meter reads 71, still in the greed zone. A rates breakout plus a pullback after a whole-line move, with sentiment still stuck in greed—this kind of situation hasn’t been common in the past two years. Either rates move first and sentiment follows by cooling, or sentiment disperses first and rates then drift down; the “fundamentals cold, sentiment hot” scissor spread is hard to sustain.
Only when it climbs above $365 can we say the pullback has ended. If it breaks below $350, it tends to return to the $340 step. Holding above $73 still means consolidation; if it breaks down, it may fill the gap and slide back to around $70. This line this week breaking below $340 would clear one level; holding $350 lets us talk about adding next week.
#美股 #推理芯片 #利率破五
Today’s reasoning chip has completed its pullback correction. Three levels sync in closing red: $AVGO reported 354.99 USD down 2.62%, $MRVL reported 260.90 USD down 0.56%, and $MCHP reported 75.53 USD down 0.38%. Broadcom has the deepest drop, getting smashed below $354. Micron has the shallowest decline, holding above $256. The three levels move in the same direction split into three bands; money is flowing out, but not in a panic.
Once you lay out the off-market news, it’s clear. The 10-year US Treasury yield settled yesterday at 5.05%; this morning in pre-market it surged to 5.11% and held above the 5% integer level. Chip stocks are long-duration assets—when rates move up by a notch, the discounted value of far-end cash flows comes back down by a chunk. Broadcom’s valuation is relatively high, making it the easiest to get knocked down. Microcontrollers are comparatively more resilient, matching the gradient of the declines. Bitcoin also hasn’t escaped—over the past 24 hours it’s pulled back 2.64%, dropping below 84,000.
The sentiment meter reads 71, still in the greed zone. A rates breakout plus a pullback after a whole-line move, with sentiment still stuck in greed—this kind of situation hasn’t been common in the past two years. Either rates move first and sentiment follows by cooling, or sentiment disperses first and rates then drift down; the “fundamentals cold, sentiment hot” scissor spread is hard to sustain.
Only when it climbs above $365 can we say the pullback has ended. If it breaks below $350, it tends to return to the $340 step. Holding above $73 still means consolidation; if it breaks down, it may fill the gap and slide back to around $70. This line this week breaking below $340 would clear one level; holding $350 lets us talk about adding next week.
#美股 #推理芯片 #利率破五
