Crazy Thursday evening trade results are in!
$SNDK short position—raking it in! $ARIA short position—almost raking it in 😂
This afternoon, I shared my short-selling take on SanDisk in Fish Boss’s chat room. The recent drop is mainly due to:
After the November 3 midterm elections, Texas turned blue and the new governor halted data center approvals. Storage is the second derivative of AI capital expenditure. With compute data centers unable to be built, a large number of orders in the storage sector have been cut!
SanDisk’s own earnings were very strong, but its Japanese wafer-fab partner Kioxia gave a profit outlook below expectations—effectively telling the world that the flash-memory price rally is cooling down.
Then there was the 165,000 nonfarm payrolls figure, which pushed December rate-hike odds to 100%! A 25-basis-point hike is now fully priced in! The storage sector and AI tech stocks are the first to take a hit.
Trading plan: If you followed the short-term trade, you can take profits and exit now. Let’s see how the market performs after the U.S. market opens! We can keep looking for relatively high levels to short the storage sector and AI tech stocks. I’ll share updates here 👉鱼总专属行情分析室
#Zcash自9月以来首次跌破1000美元 #CoreWeave营收增长168%股价涨10%
$SNDK short position—raking it in! $ARIA short position—almost raking it in 😂
This afternoon, I shared my short-selling take on SanDisk in Fish Boss’s chat room. The recent drop is mainly due to:
After the November 3 midterm elections, Texas turned blue and the new governor halted data center approvals. Storage is the second derivative of AI capital expenditure. With compute data centers unable to be built, a large number of orders in the storage sector have been cut!
SanDisk’s own earnings were very strong, but its Japanese wafer-fab partner Kioxia gave a profit outlook below expectations—effectively telling the world that the flash-memory price rally is cooling down.
Then there was the 165,000 nonfarm payrolls figure, which pushed December rate-hike odds to 100%! A 25-basis-point hike is now fully priced in! The storage sector and AI tech stocks are the first to take a hit.
Trading plan: If you followed the short-term trade, you can take profits and exit now. Let’s see how the market performs after the U.S. market opens! We can keep looking for relatively high levels to short the storage sector and AI tech stocks. I’ll share updates here 👉鱼总专属行情分析室
#Zcash自9月以来首次跌破1000美元 #CoreWeave营收增长168%股价涨10%
