Breaking a two year trend, chip stocks tumbled this morning. I had just rotated from General Electric to Nvidia and others in the cloud and the artificial intelligence sector. The robot analysts say that it is because of fear of oversupply (?!). I think that it was Donald Trump who caused the debacle by reducing the taxes in America, so that the robot investors sold chips and moved to areas that would benefit from the tax cut. Anyway, the sheqel is so strong that in dollar terms I am winning.
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