Behind the video
Stocks crashing‼️(AMD, MU, SNDK, SOFI) Do this now
Overall Thesis
Market experiencing significant volatility with semiconductor and fintech stocks declining sharply due to margin unwinding, but presenter advises long-term focused investors to view dips as buying opportunities.
Narratives
SOFISoFi TechnologiesThe video notes SoFi has dropped sharply to $15 a share amid broader market deleveraging and margin unwinding. The host frames this as a buying opportunity for those who already like the stock, without making a specific forward price call.
Key Arguments
- SoFi is trading at $15 today amid a broader selloff
- Leverage and margin are being unwound across the market
- If you already like SoFi at this price, it's reasonable to buy more
Risks acknowledged
- Uncertain whether the market bottom is today, tomorrow, or next week
MUMicron TechnologyMicron has fallen significantly from its all-time high near $1,200 last month to $777, representing a 35-40% drawdown. The host attributes this to unwinding leverage in the semiconductor trade rather than a change in long-term fundamentals.
Key Arguments
- MU topped last month in the $1,200 range and is now at $777
- This represents a 35-40% drawdown from all-time highs
- Semiconductor trade unwind and South Korean market factors are contributing to the drop
SNDKSanDiskSanDisk stock is down about 57% from its all-time high, part of the broader semiconductor selloff discussed in the video. No forward-looking price target is given for the stock.
Key Arguments
- SanDisk is down approximately 57% from its all-time high
AMDAdvanced Micro DevicesAMD has dropped to $440 a share amid the broader semiconductor and margin unwind. The host suggests that if you already like AMD at this level, it makes sense to keep buying, without giving a specific price target.
Key Arguments
- AMD is trading at $440 amid market-wide deleveraging
- If you like AMD at 440, you go buy the stock
Risks acknowledged
- Short-term unwind of the semiconductor trade could continue to pressure the stock
CAKECheesecake FactoryThe host highlights Cheesecake Factory as one of his best long-term picks, having bought shares in the $30s and now seeing the stock near $100. This is framed as a past success story rather than a new forward prediction.
Key Arguments
- Started buying Cheesecake Factory in the $30s and it's now nearly $100 a share
- Considers it one of the best money-making stocks of the past few years
- Believes many investors missed this opportunity
NOWServiceNowServiceNow had been dead money for a long time but has recently heated up, rallying from the 80s to $116 and up over 5% on the day discussed. The host notes many recent buyers are now significantly in the green.
Key Arguments
- ServiceNow rallied from the 80s to $116, a large move in a few months
- Stock was up more than 5% on the day
- Recent buyers (last 3-6 months) are likely green on the position
Hedges & Caveats
- Acknowledges uncertainty about whether market has bottomed
- Warns about short-term margin calls and leverage unwinding affecting prices
- Emphasizes need for long-term focus rather than short-term market movements
- Notes upcoming earnings reports that could impact stocks discussed