Is Now A Good Time To Buy Semi Stocks Or Wait?!?
In a Nutshell
Semiconductors are rebounding but face resistance, with stocks like Micron and SanDisk up sharply yet vulnerable to further downside if support breaks. Geopolitical tensions with Iran—oil exports, potential Strait of Hormuz closure, and US strikes—are the key risk, likely pushing oil prices higher, inflation up, and markets lower. The core takeaway is to size positions small or stay in cash until confirmation, since uncertainty dominates and Trump’s statements may only temporarily prop up prices.
These notes were generated by AI and may contain inaccuracies.
The discussion focuses exclusively on semiconductors as tech begins to rebound with semiconductors leading the way. The NASDAQ market gapped up with slight resistance around 725 and is now retesting that same resistance. The central question is whether it is worth buying the dip or if things can get worse before they get better.
Micron was up 6 to 7% on the day with a push from lows of 930 during yesterday's overnight hours. SanDisk was up 8 to 9% reaching highs of nearly 1,900. Intel has not performed as well recently after being resilient earlier and is now falling behind. The stocks that are up significantly were among the hottest performing stocks of 2026, reaching highs of 23-2400 before retracing to lows of 1500, presenting a potential dip-buying opportunity.
Although the NASDAQ market appears fair, it is still trading within range on the 4-hour timeframe with common support around 700 and common resistance around 740 for QQQ. Almost all MAG 7 companies are red after a slight recovery: Amazon is in the red, Nvidia is in the red, Microsoft is slightly in the red but recovering, Meta is in the green leading the way, and Tesla traded at lows of 390, hit highs of 400, then began retracing.
No one should decide for others whether markets will only push higher. The speaker believes bulls have more ground to stand on not because fundamentals make sense, but because technically Trump continues to manipulate the market by stating Iran is eager and begging for a deal, propping markets higher when it is known to be untrue. This has been stated for the past 12 to 13 weeks and is all fake. Trump knows that even when attacks occur, tweeting about optimism for a deal causes markets to recover quickly.
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