To The Moon

$Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $SK hynix(SKHY)$  $Invesco QQQ(QQQ)$ CNBC's news expose on Micron isn't particularly helpful because the newscasters only want to talk about the boom and bust. CNBC needs better newscasters, some of them are a real joke. Micron is spending big money, but not on fabrication plants, but on everything that supports the fabrication process. Micron, like SanDisk and SK Hynix, understands that to build the next gen chips, they are going to have to rebuild everything from the ground up, and that is what they are doing. But as far as ac

$SK hynix(SKHY)$  $Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $Invesco QQQ(QQQ)$ I think the SK Hynix buyback works out to 240.7 million in ADR shares, even though that's not what was actually bought back. For perspective, 2.5% of the outstanding SK shares are in ADR form. That works out to 177 million ADRs. So SK Hynix just bought back 3.4% of their total outstanding shares and retired them permanently. Effectively they rendered the ADR IPO void, and then some. SK will likely have a strong run today. Just to repeat, the ADRs were not bought back, that was just a frame of

$SpaceX(SPCX)$  Bears might be in for some trouble soon. A short squeeze could be coming in the near future. Not investment advice.

$Applied Optoelectronics(AAOI)$ Who wakes up and thinks, "I know this company's growth is exploding and they're selling everything they can make for the next several years, but I still need to sell my shares at a 10% discount from yesterday"? That's the kind of near-sighted, anxiety-driven, emotional Wall Street trader with the attention span of a gnat and the memory of a goldfish.

$AST SpaceMobile, Inc.(ASTS)$ I'm seeing bearish divergence between SPY price and its RSI. This lines up with mid-term election volatility and September's seasonal weakness. I'm hoping we can consolidate through this macro headwind without a big pullback. If $SpaceX(SPCX)$  can stay steady, that would help support the space sector.

$Coherent(COHR)$  AAOI is seeing more money flowing in today even though it's down the most. I think the money will rotate back here soon, maybe even before the close.

$SK hynix(SKHY)$ Korea's market looks over-leveraged and you can tell there's some nervousness, but I'm still holding.

$SpaceX(SPCX)$  Those "it will go down after unlock" posts were the classic post-IPO lockup folklore that works on weak companies. On a name with this kind of demand and narrative, it just created a perfect short-squeeze and FOMO fuel setup. Congrats to everyone who faded the doom scrollers.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ It looks like Wall Street has found a way to repackage AI-related debt and sell it to 401k companies through CLOs. The idea being that if it eventually goes down, it's baked into everything, and the government would be forced to step in and bail them out.

$SK hynix(SKHY)$  $SanDisk Corp.(SNDK)$ $Micron Technology(MU)$ $NEBIUS(NBIS)$ $Marvell Technology(MRVL)$ The market action felt better today, kind of like it finally turned a corner. Hopefully we see some follow-through in the next few sessions.