$Advanced Micro Devices(AMD)$The anticipated expansion of the AI PC market will likely benefit AMD significantly.[Sly][Tongue][Grin]Analysts have also highlighted AMD’s competitive positioning against Nvidia in the merchant accelerators market, bolstered by its Mi300 series products and an evolving chip, hardware, and software ecosystem.
$Micron Technology(MU)$Just read the Barron's article about all these companies coming after $NVIDIA Corp(NVDA)$ . Whether they are successful or not I am not completely sure. But one thing I do know is any AI chip will be using memory and increasing the need for storage so whoever comes out on top it'll be good for $Micron Technology(MU)$ and $Western Digital(WDC)$
$Mobile-health Network Solutions(MNDR)$This company is very solid that future with AI. It has high demand with all healthcare providers and patients. Will have a big announcement tomorrow or after tomorrow a big product license buyer and it will surge. Watch!
$iShares Bitcoin Trust(IBIT)$So who's buying Bitcoin now?CountriesCorporationsETF'sBanksBillionairesMillionairesIndividualsOk, so how long do you think the outstanding supply, knowing that over 65% of all outstanding Bitcoin is locked up in wallets that haven't sold any Bitcoin in years, how long before the supply / demand issue pushes BTC to 7 figures? The long term HODL'ers who will not sell unless the price is 20x or more from current levels. Even then most of those long term wallets are averaged in at much lower prices. How high a price will it take for many of these long term holders to let some go, $1M , $5M?Additionally, the current daily demand is 20 times the daily amount of Bitcoin now being mined post halving,
$SoundHound AI Inc(SOUN)$ I was hedging the other way I covered because this is not good timing to be short.This whole narrative can change very quick . Tech earnings positive data looks good and Powell throws a head fake and decide to lower the rates.[Happy][Happy][Happy]Propaganda is a beautiful thing because they can say something and do the complete opposite .
$TENCENT(00700)$$Tencent Holding Ltd.(TCEHY)$After years of down trend it is showing some sign of trend bottoming. Mainly supported by company share-buyback in the past few weeks. While selling pressure from the market is not strong to pull the price lower after each selling. This is indicating that the selling pressure is weak. Which supports the kick start of a bullish trend. In short term, the price movement continue to show bullish where the selling pressure erased with price marking back higher after sell down in the past 3 trading days. A short term rebound from recent retrace is on the way.
$iShares Bitcoin Trust(IBIT)$ Volatility is what you have to accept in Bitcoin. To me, it looks like we’ll test $56K. Halving looking like a nonevent, it’s priced in.[Cool][Cool][Cool]Just hold it, it goes down but it will rise again to much higher levels[Smart][Smart][Smart].
$Micron Technology(MU)$Not buying this premarket jump on CHIP Act news.. already selling off, and $Taiwan Semiconductor Manufacturing(TSM)$ slumping can drag the sector today, again.Hopefully we see nice intraday price action to sustain a durable bottom, but doubt it. Expect chop downwards until we get better clues.[LOL][LOL][LOL]
$XIAOMI-W(01810)$Small update on it for those that may have followed on this As said I build my positon and bought all the way down to 1.1743$ Its a rather large position.So with this 2nd retest of 2.1356$ resistance I took off 20%. I will rebuy if we get back to 1.7618$ and my target for the next PT will be at 2.4025$ After that 3.2034$ and then new highs in 1-2 years.Playing out EXACTLY as planned 2 years ago. Each PT as usual will bei 10-25% of remaining position.[Cool][Cool][Cool]
$Alibaba(BABA)$ If it hits $68.80 I will pick up 1000 shares for a 2 year hold. I think in 2 years this will be trading at over $120. They hold 40% of their market cap in cash. Leadership should be buying back $10-12 billion+ a year at current valuation and cash position. [Cool][Cool][Cool]Would be a relatively small position for me but too hard to ignore this opportunity.[Smart][Smart][Smart]