$SUPER MICRO COMPUTER INC(SMCI)$ I don't love it, but the thin margins below 11% are clearly holding this back. Forecasting just 11 cents on the dollar isn't strong at the $12B they're doing. That's a big part of why $Dell Technologies Inc.(DELL)$ is doing so much better at 6x the earnings per share. An 11% return on investment is very low in the AI space. Still bullish, target is $55.
$SpaceX(SPCX)$ I am up handsomely on all three of my SPCX positions. I knew those dips would get bought. Dollar cost averaging into this stock for the next 10-50 years.
$Micron Technology(MU)$ $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ $Invesco QQQ(QQQ)$ SOXS has rolled over pretty hard in recent trading. More traders are back now and will sort that fund out properly. Global investors are piling back into memory stocks. It's pretty self-evident with $SK hynix(SKHY)$ holding value above the IPO price. Hedge funds can put out as much fake news as they want. Analysts covering the sector say there is no competition for American and Korean memory producers from the Chinese, because they are years away from being able to produce a chip anybody wants at quantity whi
$CID Holdco Inc(DAIC)$ If volume comes in here, there could be a retest of $7. Squeeze potential is also there right now given how many shorts are in this.
$SK hynix(SKHY)$ NVDA pre-purchases jumped from $119B to nearly $280B in one quarter, mostly driven by memory. The remaining SKHY short covering could add some fuel to the long-side buying already underway after hours. Looks like a decent setup for the longs.
$T-REX 2X Long DRAM Daily Target ETF(RAM)$ More shares traded since the bell than during the trading day. Will be interesting to see if $SK hynix(SKHY)$ and Samsung buy back shares overnight, or if they just wait for memory prices to come back down and buy back cheaper. Hoping the memory makers panic buy once KOSPI opens.