$1,000 follows their calls into $848
Dennis C@dennisc230Is the AI trade over? I don't think so. I believe many of these names just got way extended. $MU was almost 200% above its 200 day. $SNDK was ~250%. So to bring them down to reality a 40% pullback wouldn't be out of the question. Nasdaq has 20+ days of below average volume. $MU
Dennis C@dennisc230Don't believe the AI trade is done. Just think many names got ahead of themselves. Look at $MU estimates for next year. At current PE levels that $3000+. Get a narrow focus list of names you are interested in. Then wait and be patient. Then be patient some more.
Dennis C@dennisc230What's your largest position? Mine is $MU followed closely by $GPGI
Dennis C@dennisc230$NASI is in full blown submarine mode. Dive! Dive! Dive!
