Chip are suddenly taking on water but the PCE Deflator should shift attention back to inflation and the Fed…
Speaking of chips, I just found an ETF called AMDS which shorts AMD and appears leveraged. AMD is one of my major holding, but given your commentary, recent parabolic move and earnings soon, I just bought a small hedge.
interesting. Be careful with 'short' ETFs though as they tend to go down due to options decay. Probably easier to hedge by buying puts BWDIK
Hmm...can’t find that symbol
Speaking of chips, I just found an ETF called AMDS which shorts AMD and appears leveraged. AMD is one of my major holding, but given your commentary, recent parabolic move and earnings soon, I just bought a small hedge.
interesting. Be careful with 'short' ETFs though as they tend to go down due to options decay. Probably easier to hedge by buying puts BWDIK
Hmm...can’t find that symbol