Semiconductors getting demolished. Banks will lead now. That’s the new bet.

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Semiconductors getting demolished.

Banks will lead now. That's the new bet. pic.twitter.com/QUxFt2lQ78

— Mac10 (@SuburbanDrone) June 24, 2024

We're going to need more bagholders. pic.twitter.com/V1KHIXHGTX

— Mac10 (@SuburbanDrone) June 24, 2024

While everyone was focused on Nvidia, another well known $3 trillion stock just got downsized to 5% of XLK. pic.twitter.com/Hw3Z02FjV1

— Mac10 (@SuburbanDrone) June 21, 2024

See also 36% of homeowners feel trapped; rising to 50% for under-50 buyers. No sign of a soft landing in the real estate data. Its getting feel like 2007

See also Banks weaning off Fed support and global investors offloading U.S. securities—this chart explains why Warren Buffett is panic selling.

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