Chips Just Bounced After The Worst Drop Since 2008

2026-10-19 / Danielle Shay

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The semis just ended their worst decline since 2008, and I’m watching whether this bounce gets follow through or fades. I walk through the levels on the Nasdaq, SMH, NVDA, TSM, AMD and MRVL, plus why LRCX earnings on Wednesday could decide Thursday’s move.

Jon McKeever is putting his method to the test with his own money on the line. His 10-day live trading challenge kicks off free this Wednesday, October 21 at 6 PM CT. Save your spot!

Danielle Shay

Danielle got into options trading after being introduced to Simpler Options by her father several years ago when she needed a career change. She was determined to become a trader so she could work from home with her infant son, make money on her own terms and learn a skill that will last a lifetime. Trading was a rough road in the beginning, but with a lot of studying and hard work, she’s now exactly where she wants to be. She’s a former teacher and translator, having taught elementary school in Costa Rica, and ESL to refugee women in the US, and various youth programs. Teaching and helping others is her passion, and now she’s turned her attention to helping aspiring traders learn this amazing skill.