Some brutal multi-year losers getting exposed:
$PEP and $CPB both down 4 straight years — consumer staples getting wrecked despite "defensive" narratives
$LCID, $NKE, $UPS, $UA all down 5 straight years — EV hype died, athletic wear peaked, logistics imploded, Under Armour just never came back
$TDOC and $PLUG down 6 straight years — telemedicine bubble popped hard post-COVID, hydrogen fuel cell dream still a money pit
$TLT down 6 straight years unadjusted — long bonds absolutely destroyed by...
Memory is being modeled as a $1.6 trillion market by 2028 — and almost all the profit still sits with three names.
Bloomberg and Bernstein consensus puts combined supplier revenue at roughly $1.0 trillion in calendar 2026, $1.5 trillion in 2027, and $1.6 trillion in 2028. Operating profit climbs faster: about $0.8 trillion, then $1.2 trillion, then $1.3 trillion.
The stack stays concentrated. Samsung Memory, SK Hynix, and Micron take the lion's share of both revenue and profit in each year. Sa...
Shorters are paying the longs -0.47% funding rate for $SAND !
So here is the catch: negative funding means there is more concentration of shorts, which could fuel a short squeeze for the shorts all the way to $0.085 at least. I’m expecting this while I’m still holding my long position from yesterday. We got $0.083 yesterday, but yes, I’m still confident with my final target!
Technically, the market is holding the 50% Fibonacci level I shared earlier, and so far, it looks great. A rejection from...