Serenity said a recent market pullback appears to be a buying opportunity, citing Micron Technology, Intel, and Taiwan Semiconductor Manufacturing Co. as preferred targets.
According to Odaily, Serenity attributed the decline to what it described as unsupported narratives, including market talk of three U.S. Federal Reserve rate hikes within the year, and said no new macroeconomic data has backed that view so far, with relevant data expected on Thursday.
Serenity added that if institutions truly believed the bearish case for three rate hikes, such as the view attributed to Bank of America, they would be expected to pursue arbitrage through CME futures or prediction markets. Serenity said those markets still indicate about a 74% probability of no rate hike in July and do not reflect expectations of aggressive tightening.
Serenity: Market Pullback Is a Buying Opportunity for Micron, Intel, and TSMC
2026-06-23 14:34:41
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