Mid-Term whitewash of the Republican Party.
As expected, after an early market drop, there was a reversal jump. But it was not across all stocks. Mainly staple, Dow, etc. Tech AI's went down further at overnight trading.
But I will caution against using one brush to sweep all stocks. For sure, Datacentres linked stocks will be seeing some value correction. But look at those which are essential to the AI ecology. Especially those with reasonable capex commitments supported by solid cash growth.
I actually like the MRVL/Lumenon story. I think it has challenges but it is also presenting an opportunity at an early stage to get into a future state for the AI core.
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