Semiconductors Are Down 4 Weeks Straight. Tim Knight Says a Bounce Is Near.

Video Overview & Insights

even Tim Knight, a committed bear, is weighing whether to take profits on his chip shorts after four straight down weeks. but the bigger question he lays out is a K shaped market: the Dow diamonds and the S&P near highs while semiconductors get wiped out, and only one side can be right.

he walks the tape from China, where he just bought puts on FXI into a wall of overhead supply, to the Korea wipeout, to beaten down chip names like Micron, Marvell and Seagate that are stretched enough to bounce. the whole thing hinges on one SMH support level, hold it and the selloff pauses, break it and a head and shoulders top opens the door to real selling.

📊 tastylive: https://www.tastylive.com/

📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters

📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763

📱 Follow tastylive on X: https://x.com/tastyliveshow

Chapters

00:00 Tim Skips TSM and the Steady Freddies

01:07 Take Profits, or Sit on Your Hands

01:53 The Korea Wipeout

02:46 China: Why He Bought FXI Puts

04:36 The Chip Bloodbath, Name by Name

06:52 SMH: The Support That Decides It

08:04 A K-Shaped Market

#tastylive #semiconductors #timknight #smh #micron #nasdaq #chipstocks #china #fxi #shortselling

tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran.

tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/.

Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request.

tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.