Tim Knight's Market Insights: What to Expect Next

Tim Knight's weekend video argued only one semiconductor name was still shortable, and that was Western Digital. On Monday it went the other way and stopped him out at a loss in the morning. He looked again, decided the setup still held, and reshorted it higher the same afternoon. It is down more than 8 percent today. He is also candid about the trade he did not take, a simple directional put play he says he was too shell shocked to bother with, which is doing better than the short. Education, not a recommendation. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters TIMECODES NEEDED. This transcript arrived with no timestamps, so chapters cannot be built. Send a timestamped version and these get filled in. Order of topics: the ES and the undone breakout, the NQ and its descending trend line, downside hedges and why, Apple holding the market up, Meta's private bear market, correlation breaking from 1.0, semiconductor setups getting ruined, the SMH short, the Western Digital stop out and re short, butterflies in the memory names, SpaceX rangebound, the remaining unlock calendar. #tastylive #timknight #westerndigital #semiconductors #technicalanalysis #tradingcharts #meta #spacex #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.