To The Moon

I’m 🐻-ish after NIO’s Q4 earnings as: (1) NIO fell 9.4% on 1/3 (Wed) after an earnings miss on both revenue & EPS & the company’s outlook for Q1 sales & deliveries fell short of expectations, while costs ramped higher👎👎 ➡️ A 9.4% drop means that investors have a very 🐻-ish POV…that means so should I as more sell-off would occur. ➡️ NIO said it expects to deliver between 31,000 & 33,000 vehicles in the Q1 but NIO has already delivered 20,663 vehicles in Jan & Feb. That means it’ll only be delivering 11,000-12,000 in March🫠🫠🫠 ➡️ Nio guided revenue of $1.584 million-$1.674 million. The midpoint of $1.629 billion is far below FactSet consensus of $2.505 billion🐻🐻🐻 (2) J.P. Morgan analyst downgraded NIO stock to Hold from Buy on 2/3 (Thu) & ✂️ his price🎯 to $10 a share

$Micron Technology(MU)$ MU is dominating the NAND as the only US supplier for advanced memory. The growth are progressing with the secular AI, IOT and chips revolution era. I like the way this is rebounding off the 200dma of $59.27. Market appears to be following history not the Fed in a presidential cycle. Under $60 i will keep adding for 2024 I'm in near the lows.

Some $MARA $Marathon Digital Holdings Inc(MARA)$ December Production Report predictions based on the blockchain: 1. Mara mined a total of 474.6113673 bitcoin in the month and sold zero.2. Mara closed out the remaining $30m RLOC with Silvergate and moved 3,140.4291 bitcoin from restricted to unrestricted status in their hodl wallet.3. Mara still has a $50m Term Loan with Silvergate which is using 4,416.15396 bitcoin as collateral.

GOTU's business pivot is still in progress, as evidenced by the increase in selling and marketing costs and a divergence in the performance of its various businesses.I have a positive view of Gaotu Techedu's new share repurchase plan, but I am worried about compliance risks for GOTU.My rating for GOTU is a Hold, as I have a mixed view of the company's shares.

Just last month, $Applied Materials(AMAT)$ had issued an earnings warning that the company might miss its previous forecast for the latest quarterly earnings, attributing the miss to newly introduced export restrictions by the US government. Lo and behold! Fast forward to this month the semiconductor equipment maker, which counts major global semiconductor chip makers like $Taiwan Semiconductor Manufacturing(TSM)$ and $Intel(INTC)$ among its customers, surprised the market by actually delivering strong earnings with revenue of $6.75 billion and earnings of $2.03 per share that heartily surpassed analysts' expecta

SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-

$S&P 500(.SPX)$ have successfully tested the bottom and made a higher low. high probability of rallying on good corporate earnings to cover gaps at 4083.67 and 4218.70 before breaking down support due to increasing interest rate.

EV Stocks slumped in morning trading. Tesla, Nio, Xpeng, Li Auto, TuSimple and Faraday Future slid between 2% and 7%.