To The Moon

The current HBM shortage is still supporting a broader memory supercycle. Recent reports say DRAM and HBM pricing remain extremely tight, HBM supply is effectively sold out, and the imbalance may persist into 2027 or longer as AI demand keeps pulling capacity away from conventional memory . Can the supercycle last? The evidence says it can last longer than a normal memory upswing because this one is being driven by AI infrastructure, not just a temporary inventory correction. Several sources point to structural tightness through at least 2027, with meaningful easing not expected until new capacity ramps later . The best-positioned memory stocks are: Micron Technology (MU): The cleanest public-market exposure to HBM, with reports that its 2026 HBM output is sold out and pricing is locked in

The current HBM shortage is still supporting a broader memory supercycle. Recent reports say DRAM and HBM pricing remain extremely tight, HBM supply is effectively sold out, and the imbalance may persist into 2027 or longer as AI demand keeps pulling capacity away from conventional memory . Can the supercycle last? The evidence says it can last longer than a normal memory upswing because this one is being driven by AI infrastructure, not just a temporary inventory correction. Several sources point to structural tightness through at least 2027, with meaningful easing not expected until new capacity ramps later . The best-positioned memory stocks are: Micron Technology (MU): The cleanest public-market exposure to HBM, with reports that its 2026 HBM output is sold out and pricing is locked in

The current HBM shortage is still supporting a broader memory supercycle. Recent reports say DRAM and HBM pricing remain extremely tight, HBM supply is effectively sold out, and the imbalance may persist into 2027 or longer as AI demand keeps pulling capacity away from conventional memory . Can the supercycle last? The evidence says it can last longer than a normal memory upswing because this one is being driven by AI infrastructure, not just a temporary inventory correction. Several sources point to structural tightness through at least 2027, with meaningful easing not expected until new capacity ramps later . The best-positioned memory stocks are: Micron Technology (MU): The cleanest public-market exposure to HBM, with reports that its 2026 HBM output is sold out and pricing is locked in

With inflation still elevated, interest-rate uncertainty increasing, and markets trading near historically demanding valuations, I would favor companies with strong earnings momentum, durable competitive advantages, and the ability to generate substantial cash flow. Current market commentary remains constructive on equities, but also highlights the risks from high valuations, inflation, and renewed volatility.  Below are four stock ideas 1. Microsoft Corporation — MSFT Microsoft offers diversified exposure to cloud computing, enterprise software, and artificial intelligence. Its latest results showed Microsoft Cloud revenue of $59.3 billion, up 27%, while Azure revenue surpassed $100 billion for the first time.  The company also reported more than $331 billion in fiscal-year reve

Look Back, Trade Forward: August Reflection & September Positioning August 2026 delivered the best August for equities since 2021, with the S&P 500 (+2.7%) and Nasdaq-100 (+4.2%) powered by a semis recovery, software rebound, and commodity strength. However, beneath the surface, 5 of 11 sectors finished negative, the 30-year Treasury yield hit 5.34% (highest since 2007), and the probability of a September Fed rate hike surged to 67%. September brings a dense catalyst calendar — CPI on Sept 11, FOMC on Sept 15-16 with a dot plot, Treasury buybacks that began Sept 9, and a BoJ decision Sept 18 — against a backdrop of US-Iran tensions, Strait of Hormuz disruptions, and historically weak seasonality. Constructive but selective.  Overweight AI infrastructure/semiconductors, Defense

August 2026 delivered resilient gains amid geopolitical noise, sticky inflation, and a hawkish Fed pivot under Chair Kevin Warsh. September calls for balanced positioning: stay invested in the AI/energy infrastructure complex while rotating toward financials, industrials, and selective value for better risk-adjusted returns.** August Reflection: Strength Despite Headwinds Major US indices finished positive. The S&P 500 rose ~2.7%, Nasdaq ~4%, and Dow ~1.5%—the best August for the S&P and Nasdaq since 2021. Energy led large-cap sectors (~+7%), extending its strong 2026 run (YTD gains approaching 40-45% in some measures). Technology/software and AI-linked names also contributed, while utilities and some rate-sensitive areas lagged. Key drivers: - Strong Q2 earnings (blended S&P g

Semiconductor strength amid broader index softness is a classic intra-tech / AI infrastructure rotation, driven primarily by fresh AI demand signals rather than a full risk-on shift. On Friday (Sept 4), major US indices closed lower (S&P 500 ≈ -0.4%, Dow ≈ -0.5%, Nasdaq ≈ -0.3%) after a stronger-than-expected jobs report raised odds of further Fed tightening. In contrast, the PHLX Semiconductor Index (SOX) rose roughly 3.4%. Asia followed through strongly on Monday (Sept 7, while US markets were closed for Labor Day): KOSPI surged ≈4.6% to a multi-week high, led by Samsung Electronics (+≈5.7%) and SK Hynix (+≈8%). Taiwanese semiconductors and related names also advanced sharply. Positive global cues lifted European chip stocks as well. Primary drivers of the rotation 1. OpenAI model ca

Alibaba (BABA) June-quarter 2026 revenue rose 9% YoY to ~RMB 269B. Cloud/AI external revenue accelerated to +45%, with AI-related products delivering a 12th consecutive quarter of triple-digit growth. Core e-commerce (customer management revenue) remains soft amid competition and macro pressures; overall profitability was impacted by heavy AI investments and lower investment gains. New models (Qwen series) and agentic tools are advancing. Shares have recovered from 52-week lows but remain volatile (recently around the $120 area). Valuation is inexpensive relative to AI/cloud growth potential; many analysts maintain Buy ratings with meaningful upside targets. Future potential: Improving via AI/cloud transformation, which is increasingly offsetting e-commerce headwinds. Success depends on su

Alibaba (BABA) June-quarter 2026 revenue rose 9% YoY to ~RMB 269B. Cloud/AI external revenue accelerated to +45%, with AI-related products delivering a 12th consecutive quarter of triple-digit growth. Core e-commerce (customer management revenue) remains soft amid competition and macro pressures; overall profitability was impacted by heavy AI investments and lower investment gains. New models (Qwen series) and agentic tools are advancing. Shares have recovered from 52-week lows but remain volatile (recently around the $120 area). Valuation is inexpensive relative to AI/cloud growth potential; many analysts maintain Buy ratings with meaningful upside targets. Future potential: Improving via AI/cloud transformation, which is increasingly offsetting e-commerce headwinds. Success depends on su

Stocks / themes to watch this week Nvidia and AI complex (NVDA, related semis, data-center names, software such as CRM, CRWD, SNPS). Earnings + guidance will set the tone for the AI trade. Energy / oil-related names given geopolitical premium. Healthcare / biotech (follow-through on Moderna momentum and broader oncology interest). Select retailers and consumer discretionary for confirmation of demand resilience. China/HK consumer & internet (PDD reports Monday; Shein IPO flow; any policy signals). Bond-sensitive sectors (utilities, REITs, growth stocks) for yield reaction. Markets are in a volatile, range-bound environment with elevated event risk. I prefer a selective, risk-managed approach rather than broad directional bets: Core AI exposure with hedges — Maintain or selectively add