1. New Competition Risk: The Meta-Google Chips Report The most immediate cause for the recent significant drop is a specific report published this week: Meta's Consideration: Reports suggest that Meta Platforms (Facebook/Instagram), one of Nvidia's largest and most important customers, is in talks with Alphabet (Google) to potentially use or rent Google's Tensor Processing Units (TPUs)—their custom AI chips—in their data centers. Why This Matters: This news signals a massive threat to Nvidia's near-monopoly. If a key customer like Meta starts diversifying its AI chip supply away from Nvidia's GPUs to use a competitor like Google's TPUs, it confirms that alternatives are viable and that Nvidia's market share is at risk in the long term. 2. High Valuation and "AI Bubble" Jitters Even though

$Vanguard S&P 500 ETF(VOO)$ For long term investment

$AMD 20230721 125.0 CALL$  Roll

$NIO 20230721 11.0 CALL$  🚀 left 1 to let it run.

$BA 20230616 215.0 PUT$  sold in case market reversal. 

$DIS 20230616 94.0 PUT$  quick put before fomc

$CCL 20230616 13.5 CALL$  ITM

$GTLB 20230609 39.0 CALL$  great call before earnings. 

Extreme Greed Index is at 76 now. 

Be neutral this week. Fear and Greed Index is at 71. 

WALL STREET JANUARY 2023 PERFORMANCE: DOW +2.6% S&P 500 +6.2% NASDAQ +10.3%, BEST JANUARY SINCE 2001 RUSSELL 2000 +9.5% $SPDR S&P 500 ETF Trust(SPY)$ $SPDR DJIA ETF(DIA)$  $Invesco QQQ Trust(QQQ)$ 

$Advanced Micro Devices(AMD)$  AMD STOCK JUMPS 3% AS Q4 EARNINGS, REVENUE TOP EXPECTATIONS

$Snap Inc(SNAP)$  SNAP SHARES PLUNGE OVER 14% AFTER Q4 REVENUE MISS, WEAK Q1 SALES OUTLOOK

$MAPLETREE LOGISTICS TRUST(M44U.SI)$[Call] 

$KEPPEL DC REIT(AJBU.SI)$bear

$Vanguard S&P 500 ETF(VOO)$[Put] 

$Vanguard S&P 500 ETF(VOO)$Fear index 44