Hook
More breakout videos from this creator.
The rotation out of memory stocks is something that should be studied. Now, I know everybody was hyped up about Sandisk, and honestly I don't feel bad of the investors that are still up 1,000% on this stock. Even though the chart over the last month looks like this. Disaster now. I have seen posts about people that bought in the 2,000's. Ouch. That definitely hurts. But that's just a lesson of these things just aren't gonna go up forever. So, the rotation out of the memory is happening and it continues to be a lot of. Let's just look at SpaceX, around $130, which is less than its IPO price. What I love about investing, crazy all the time and everybody thinks they're an expert when they have a stock that's going up. But then when the market and the bottom falls out and I've been in those stocks, it gets back to reality.