The Nasdaq fell 3.4% over the past week, and everything—from the 50-day to the 200-day moving average—has dropped as AI chip giants take a nosedive.
Micron (MU) fell 22%, while Sandisk (SNDK) shed 27.4% in a week. AI investors were left gasping for air after rumors emerged that Jensen Huang had become entangled in an espionage campaign.
Meanwhile, Warren Buffett (Berkshire) is sitting on a mountain of cash—$377.4 billion—and quietly bought back a record $9.6 billion worth of shares. The rich really do have their own way!
What should traders do? Don’t try to catch a falling knife just because the market is in the red! The moving averages have all broken down—that’s a clear sign the bears are in control. Keep a cool head, reduce leverage, and sit tight until the market forms a clear bottom. Better to switch to defense, just like Buffett!
⚠️ This is not financial advice!
#AIChipSlumpNasdaq #NasdaqCrash #TechStocks #NvidiaNews #WarrenBuffett #VINHTOCDO
Click the trade buttons below to support me:
$MUB
$SNDKB
$JCT
Micron (MU) fell 22%, while Sandisk (SNDK) shed 27.4% in a week. AI investors were left gasping for air after rumors emerged that Jensen Huang had become entangled in an espionage campaign.
Meanwhile, Warren Buffett (Berkshire) is sitting on a mountain of cash—$377.4 billion—and quietly bought back a record $9.6 billion worth of shares. The rich really do have their own way!
What should traders do? Don’t try to catch a falling knife just because the market is in the red! The moving averages have all broken down—that’s a clear sign the bears are in control. Keep a cool head, reduce leverage, and sit tight until the market forms a clear bottom. Better to switch to defense, just like Buffett!
⚠️ This is not financial advice!
#AIChipSlumpNasdaq #NasdaqCrash #TechStocks #NvidiaNews #WarrenBuffett #VINHTOCDO
Click the trade buttons below to support me:
$MUB
$SNDKB
$JCT
