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Trading Charts with Tim Knight - July 24, 2024 - Skepticism About AI Hype and Tech Valuations

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Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Tim Knight reflects on a turbulent market day, contrasting current downturns with previous pessimism. Emphasizing strategic movements, such as selling positions and buying puts, Knight voices skepticism about inflated tech valuations and AI hype. He notes significant losses in semiconductors and tech stocks like NVDA and TSLA, maintaining bearish stances while holding long positions in gold and silver. Knight anticipates further corrections, advising cautious optimism and meticulous strategy.
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948 episodes

Artwork
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Manage episode 430575809 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Tim Knight reflects on a turbulent market day, contrasting current downturns with previous pessimism. Emphasizing strategic movements, such as selling positions and buying puts, Knight voices skepticism about inflated tech valuations and AI hype. He notes significant losses in semiconductors and tech stocks like NVDA and TSLA, maintaining bearish stances while holding long positions in gold and silver. Knight anticipates further corrections, advising cautious optimism and meticulous strategy.
  continue reading

948 episodes

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