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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 64.98+7.1%Jan 27 4:00 PM EST
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To: rdkflorida2 who wrote (169768)3/8/2022 9:22:12 AM
From: SGJ3 Recommendations

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3bar
mark2market
zamboz

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Agree on the price of crude back at 65 by summer. I've said it before. Also, would like to add, in the same vein, the msm lie of chip shortages due to supply line shutdowns. This reason has been used to take down semi company stock values over the past 4 months. Truth is, its not supply line shortages causing the issue, its the explosion in demand for chips. More chips have been produced and sold in 2021 than in any previous year. The use of chips, especially in the vehicle sector, is expanding. More and more chips in every vehicle. Existing capacity can't keep up. That's just one vertical! I'll post the evidence later, for anyone interested. GOt to get back to it. Have a nice day.
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