$Applied Materials(AMAT)$  It is funny that AMAT fell so hard overnight despite decent earnings. In terms of fiscal 4-Q earnings, it surpassed Wall Street estimates with adjusted earnings of $2.32 per share on sales of $7.05 billion, marking a 9% increase in earnings and a 5% rise in sales year-over-year. The forward guidance is not even that bad: est. $7.15b revenue, which is slightly lower than expected 7.24b, and $2.29 earnings per share, which is slightly higher than the expected $2.27. Take note that all these are happening despite AMAT cutting exposure to its largest source of revenue, China, from over 40% to 30%, and losing 28% in sales in China. AMAT is not only set to reduce further exposure; its losses incu

80k is only the beginning. 100k is likely the midpoint. 

Expectations within 2 weeks: - CEG will normalise at 260s. OKLO bullish sentiment for 2 months. SMCI will go back to 40. LCRX is set to pop beyond 79 resistance, and AMAT will pop beyond 200. - General bullish sentiment for AI semiconductor manufacturing equipment and nuclear energy plant, much better than semiconductor chip maker.  Not much to say about bitcoin mining companies. They will remain bullish post-trump reelection for 2 weeks before declining by a bit for traders to consolidate further positions, then gradually rise and pop once Trump assumes command of White House and announces the bitcoin package. I.e bullish sentiment heading to 100k until at least Feb 2025.

$SUPER MICRO COMPUTER INC(SMCI)$  FAITH SMCI's problems are actually not serious but is politicised. Perceptions, not the reality of the flawed inner workings of SMCI, shape the decline of its stock price and potential delisting. The notions of family pateonage that SMCI is alleged to do are things that are the norm, not the exception, of MNCs and many IPO companies. The cause of its decline is not due to its fundamentals, which are strong, but the market sentiment regarding the reputation and credibility of the E&Y Big Four auditor. In fact, the auditor did not even reveal any evidence of accounting fraud, but his reputation and decision to leave the firm for whatever reasons was critical in galvanising market sentiment against SMCI

Plan before you decide whether to invest or save first. Investing with little capital can be costly and high risk. Saving too much can have opportunity cost. Set your own target, calculate to ensure the rate of return can be higher than the initial cost of investment -- this includes your capacity to pay for the fix (startup) and variable (charges/fees) costs and prepare to spend further in the event your investment does not yield initial positive results. If you do not have this capacity, then save until you do.

Replying to @bluekiwiseed:1 and 8, 5 and 7//@bluekiwiseed:1 and 8; 5 and 7

1 and 8; 5 and 7

$SUPER MICRO COMPUTER INC(SMCI)$  the split will encourage short term bull, but will not resolve overall Doj problem. Buy after split, hold for 2 weeks for price to surge, then sell and never look back. Don't hold till Doj probe result release.