To The Moon

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.‌ So $Alphabet(GOOG)$ and $Microsoft(MSFT)$ announced earnings yesterday after market close, followed by the fed decision to hold rate. Google got absolutely smashed on market open, posting the biggest drop in one day in it’s history of existence. The debt that AI spending accumulated is put on the pedestal and scrutanized again. The “feel good” feeling and renewed optimism in tech because of news that Anthropic IPO is impending basically got wiped out in less than a day time. This proves that even mega caps are struggling to justify the debt they are accumulatin

$Strategy(MSTR)$   $Circle Internet Corp.(CRCL)$   $Micron Technology(MU)$    The Federal Reserve just held rates at 3.75%-4.00%. Stocks finished higher. And the easy conclusion is: Fed stopped hiking = buy risk assets. I think that is too simplistic. This was not a dovish pivot. It was closer to a hawkish pause. Economic growth remains strong. Inflation remains elevated. And two policymakers actually wanted another 25bp hike. So I am not positioning for: “Cheap money is back.” I am positioning for something more interesting: “The cost of money may have stopped getting worse.” Those a

$Strategy(MSTR)$   $Circle Internet Corp.(CRCL)$   $Micron Technology(MU)$    The Federal Reserve just held rates at 3.75%-4.00%. Stocks finished higher. And the easy conclusion is: Fed stopped hiking = buy risk assets. I think that is too simplistic. This was not a dovish pivot. It was closer to a hawkish pause. Economic growth remains strong. Inflation remains elevated. And two policymakers actually wanted another 25bp hike. So I am not positioning for: “Cheap money is back.” I am positioning for something more interesting: “The cost of money may have stopped getting worse.” Those a

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.‌ So $Alphabet(GOOG)$ and $Microsoft(MSFT)$ announced earnings yesterday after market close, followed by the fed decision to hold rate. Google got absolutely smashed on market open, posting the biggest drop in one day in it’s history of existence. The debt that AI spending accumulated is put on the pedestal and scrutanized again. The “feel good” feeling and renewed optimism in tech because of news that Anthropic IPO is impending basically got wiped out in less than a day time. This proves that even mega caps are struggling to justify the debt they are accumulatin