Look bro, today the market mood is a bit mixed. Asian stocks are set to slip lower, and everyone is being cautious ahead of Jackson Hole. Powell’s speech is tomorrow, so everyone is waiting for that. On Nvidia, Bank of America has doubled down again. They say the stock is still cheap, and AI demand is so strong that growth will stay intact going forward. I also feel the same, but a little pullback is probably warranted. Sandisk’s stock jumped today, and Jim Cramer highlighted its massive buybacks. The company is repurchasing its shares, which is often a bullish signal. But personally, I don’t have much trust in memory storage stocks—they’re volatile. Marvell’s results were solid, but the stock fell. Because expectations were very high, and their guidance wasn’t as punchy. Classic case of “good news, bad reaction.” This teaches everyone a lesson—sometimes even strong earnings aren’t enough. One more important thing: and 100+ companies have warned that AI-powered cyberattacks are going to increase. They’ve called for higher global defense demand. This is a bit of a risk factor for the AI sector long-term, but nothing major seems to be affecting the short-term right now. What’s the plan for today? Stay on the sidelines—don’t make a big move before Jackson Hole. If you’re thinking about entering Nvidia or Marvell, wait; things will be clearer tomorrow. What’s your plan today—do you have a position, or are you in cash?

⚠️ Personal analysis, not financial advice.

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Disclaimer: My personal analysis, not financial advice. DYOR.