Good day,
I speak to you once again from the future. About a week ago I issued warnings about the semiconductor index and foretold what is transpiring today.
“Well it didn’t and as much as I like $NVDA and all of the other supporting actors in this bubble; it’s going to fucking crash through the floorboards one day and suck the entire god damned market with it.”
At the time of that post the $SMH was +7% for July and now it’s down. Any questions?
Today’s melee is partly due to Trump saying Taiwan ought to be paying America a fee for keeping them alive and partly due to an $ASML miss. But that’s a European company and no one actually pays attention to what Europe says or does. If you’ve ever been to Europe you realize almost immediately that it’s a giant museum with indigenous white people so cucked they’re importing Africans and Middle Easterners to replace them, probably out of boredom to be honest. All of the really smart whites were either killed in wars or moved to America to create the ultimate white super state called The United States of America, which is also being cucked due to various reasons we don’t discuss on this blog.
My point is, Europe isn’t a real concern when it comes to semiconductors or innovation. They don’t invent things anymore. They have decent cars and ok airplanes; but have you ever seen their laundry situation? Most Europeans still fucking airdry their clothes and their washer machines fit like 5 articles of clothing. Sometimes they’ll have the washer/dryer combo thing going on but it’s really bad and not designed for large families, which I guess makes sense because Europeans do not have children anymore. I suppose they’re superior to America with their bidets; but everything else is really just subpar and very menial. I don’t mean to be harsh or mean spirited with my European readers; but you really need to get your act together and start being great again.
I’m down 137bps into this complete collapse in the NASDAQ, which is down by 400. I have a 12% $SQQQ hedge in place and might consider adding to it late on today, depending on how the market develops.
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So glad I didn’t go with the Miele washer and dryer.
Only there have I seen a bathroom that was also the shower stall, one could shower and sit on the toilet at the same time. Or the one with the shower in the shape of a clear glass curtainless tube in the middle of the hotel room. Then the Swiss pay toilet in a park, completely automated. Place money, door slides open, enter and door slides shut, toilet paper appears robotically. After finishing press button door (hopefully) opens, you exit and door closes and the flush happens after which the water nozzzles in the ceiling activate, followed by air blowing. There’s more but I’ll hold off.