Key insights
- The author expresses a plan to reduce speculative options trading in smaller semiconductor companies after Nvidia's Q1 earnings, anticipating a slowdown in momentum. They intend to shift back to a long-term portfolio of blue-chip tech, financials, and Berkshire Hathaway. This suggests a potential cooling of speculative fervor in the semiconductor sector, which could have a slightly negative impact on high-growth names.
It's been a crazy month. Did well on my general portfolio which was mostly bluechip tech and AI. Then read too much news and had FOMO and started trading options on memory and smaller semiconductor companies. I haven't exited all my positions yet, and had to do some options rollups to close positions but thinking with NVDA being one of the last companys to report Q1 earnings the momentum is probably going to slow down and i'll just keep my portfolio in long term position stocks again Mix of blue chip tech, financial, and BRK.B