The David Lin Report · Thursday, July 2, 2026
Chris Galipeau identifies the semiconductor sector as the most speculative and potentially overvalued. He notes the parabolic moves in these stocks, driven by factors like leveraged ETFs and margin debt, suggest a need for unwinding and a pullback.
“It looks like a lot of speculative money is rapidly getting flushed out of crowded trades right now as we speak though”
“you know to me is in semi space Look I get the fundamentals we don't need to argue about that they're strong but when you have real true parabolic moves”
“look at the speculation there with levered ETFs margin debt that sort of thing that's real that needs to come unwind and the frok needs to come out”