πππTrying to trade the erratic, algorithmic mood swings of a post earnings session is a sure way to give yourself a big headache.
$Applied Materials(AMAT)$ verified that the physical build out of the AI frontier is heavily backlogged & accelerating.
AMAT dropped not because its business failed but because the short term crowd needed a reason to take profits at all time highs.
This is a textbook dishwashing cycle, not a market peak. If you are a long term investor, you don't panic when the world's premier chip equipment blacksmith goes on a 5% sale.
Tread with caution, look past the volatility & dollar cost average to buy the dip.
Investing is a marathon, not a sprint.
@Tiger_comments @TigerStars @Tiger_SG
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