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The World’s Biggest Stock Bubble Just Burst
Last week, before the bombs started falling in Iran, I warned on the possibility of fireworks in Sou
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A couple of weeks ago I had reason to look at the composition of the Korean ETF. As you said, it was essentially an AI ETF with a few other very minor holdings sprinkled in.
” Consider this: SK Hynix was up fivefold in less than a year. (With Wednesday’s record drop, it’s down 22% in three days.)”
There may be something to heed here. “Investors” in the AI trade recently pivoted away from GPU producers to memory producers, including Hynix. It would be interesting to juxtapose a chart of MU on top of the BoA chart.
It seems that there are a ubiquitous number of opportunities to trade volatility- but it is apparent that one better know what they are doing before they enter that arena! 🙂