Many perma bull were gloating about chips which continue to dump when on good news. Chips dump off even in Iran resolution, that's how much of a bubble chips are. They have absolutely no ability to go up, only down.
Chips CONTINUE to just be an absolutely massive bubble waiting to pop. Burry CONTINUES to be right, like dot com there are many "boy wonders" making huge money with options and leverage, but that's a sign of a euphoric bubble. It will absolutely crash and burn, we may see as much as -50% as trump continues to fumble the Iran war. I walked by a college student talking to her friend saying "I'm an investor, I buy stocks" that's absolutely the clear sign of a bubble.
Uber drivers and undergrads are buying stocks, big guy dumping.