The chipmakers are telling the market they are sold out for the next two years, and the market is selling them anyway. Jay Pelosky calls it a black cat market: investors have turned superstitious about earnings they can already see. Kenny Polcari's guests make the case for buying the semiconductor and memory names into the selloff, and for getting paid on the short end of the Treasury curve while the argument resolves. Plus the two-economy problem, who is buying Treasuries now, Poland and Brazil, and fossil against renewable. Featuring Kenny Polcari, Host, Trader Talk, Yahoo Finance Alex Giuliano, Chief Investment Officer, Resolute Wealth Partners Jay Pelosky, Founder, TPW Advisory Timestamps 0:00 A rate hike nobody at this table wanted 1:09 Lock in the two-year and get paid to wait 2:27 The first Treasury purchase here in over four years 3:36 Two economies, and 25 basis points only reaches one 4:36 Mortgages at 7.4% and houses that still will not fall 6:09 Oil over $100, and what the midterms do to it 8:01 The three things that actually drive equities 10:07 Is AI issuance crowding anything out 11:20 Who is buying Treasuries now, and why that matters 12:28 Where the opportunity is away from tech 13:41 The black cat market: TSMC crushed it and still fell 15:38 Sold out for two years, and nobody believes it 17:25 The best earnings path at the cheapest multiple 19:11 Poland, Brazil and South Korea 20:29 Fossil against renewable, and nuclear 23:04 2027, and a spending cycle running to 2030 #Semiconductors #AIStocks #Treasuries #TraderTalk #YahooFinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571