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Watch This Video Before Buying This Market Dip...

Ricky GutierrezJuly 9, 20267m
In a Nutshell

Trump warns that Iran tensions could spike oil prices and force the Fed to raise rates, which would pressure markets already showing overbought conditions on the daily chart. Semiconductor names like Micron and SanDisk are technically oversold after 25-35% drops, but a NASDAQ support break could trigger another leg lower because these stocks dominate the index. The key takeaway is to size positions conservatively and avoid chasing dips until the broader market confirms whether support holds or breaks.

AI-Generated Notes

These notes were generated by AI and may contain inaccuracies.

A little update for you guys. What's going on, guys? It's Ricky with Tech Solutions. Happy Wednesday. I know it's a little bit of a later video, but we do have a recent update from Trump. If you have not been paying attention to Trump's latest comment, he is saying that Iran has called and they are desperate to make a deal with the US. Feel free to look it up. Yes, he said it again. As soon as he said it, NASDAQ futures began to go back into the green. You just can't make it up.

He has been on camera point blank stating that anytime that there was any sign of a possible peace deal, markets would rock it. And if they were attacking, but they kind of just threw it under the rug, markets didn't really sell off. He's doing the same BS over and over again. And it's crazy that what is it 12 13 weeks now since he started doing this that the markets still react in the same way. Absolutely crazy.

Ignoring everything, right? And I think you know two things can be true at the same time where you know a lot of people are pointing the finger at some of these semiconductor stocks and I've you know openly talked about it as well like hey they have taken a pretty decent hit. SanDisk, Micron, you know, Marvel are down 25 to 35% in a short period of time to some degree. So, they're like, "Hey, markets are oversold enough that they can begin to recover." Are they right?

Individual stocks could be possibly oversold technically, but then SanDisk recovered 6% today. Yeah, it's down 2% during extended hours because obviously it doesn't belong back up there, but it's already trying to recover. Yet, the news is still negative, right? SanDisk might be technically oversold, but the NASDAQ isn't.

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