Let see what Micron says, lower guidance Huawei restrictions

2019年6月24日

Not looking good for the semis in this ETF, I'm Bearish since AVGO is the top holding for SMH. The damage has been done already for the second half of the year for these companies.

2019年6月26日

手動結束交易

Trade news was positive and MU beats estimates even thought they are only 4% weight on this ETF . This is going to caused all semis to rally even though the trade war may have already have caused damage to most of the semis second half earnings. People are still going to buy them on any good news. I may close this trade. One tweet could send all semis way up or vice versa depending on the G12 outcome. Not worth the risk at this time.

2019年7月4日

交易進行

Shouldn’t of closed this trade. I opened a new position after most semis rallied on no good new news. The semis with horrible guidance are rallying on “trade war” news which will not change the guidance for the year. The damage has already been done. Micron lost all it’s gains and more after earnings beat. Intel has horrible guidance. Semis not a great long trade so Im short again. Oh and Qualcomm court issue yesterday. 110-100 put spreads Aug exp is my new trade as of Wednesday.