Sandisk went from $20 to $2,000 in a year. Tim Knight will not short it. Palantir was loved by everyone until a few months ago and has been sliding ever since. Tim is short it. The difference between a guess and a setup is whether the uptrend is broken or not. That is the entire lesson.
Semis are showing fatigue. AMD hanging out in the ionosphere with no mojo. KLAC held its gap even after the Micron pop. Western Digital pushed right up to its gap and retreated. Tim covered his Bitcoin short after a good week and wants to wait for a bounce before re-entering. South Korea EWY shorted yesterday and already stopped out at a profit this morning. The fever is breaking.
š tastylive:
tastylive.com
š° Get Tom's pre-market analysis every morning:
tastylive.com/newsletters
š FREE Options Strategy Guide:
tinyurl.com/bp9ms763
š± Follow tastylive on X:
x.com/tastyliveshow
Chapters
0:00 Micron aftermath and the strange open yesterday
1:30 AMD hanging in t...