To The Moon

After the US close this Wednesday,$Micron Technology(MU)$ reports Q4 FY2026. Analysts are forecasting ~$51.5B in revenue, up 355% YoY, and adjusted EPS of about $31.8, up 1,004% YoY. On valuation, MU trades at a P/E of 23.66 — well off the extreme highs seen in 2024, but still sitting around the middle of its historical range. Breaking down the revenue, Micron's business splits into three segments: DRAM, NAND, and others. DRAM is the main growth engine, driven by AI server demand — Q4 revenue from DRAM is expected to jump 325% YoY. NAND is also surging on both price and volume, with Q4 revenue up 446% YoY. DRAM alone is expected to contribute ~$38.2B, roughly 75% of total revenue. This whole upcycle is being powered by AI compute dem

If interest rates stay higher for longer, I would not sit entirely in cash waiting for the “perfect” entry. I would adjust my allocation, keep investing, and make higher yields work in my favour. The latest Fed decision reinforces this scenario. In September, the Fed raised the federal funds target range to 3.75–4.00%, while its median projection puts the policy rate at 4.1% at the end of both 2026 and 2027. Inflation is also projected to remain above the 2% target for some time. If I had $10,000 to deploy today, my allocation would look roughly like this: 📈 $5,000 – Global/U.S. equities I would continue accumulating diversified ETFs rather than trying to time the bottom. Within equities, I would favour profitable, cash-generative companies with strong balance sheets. Higher borrowing cost

Gold: The Short-Term Structure On September 28, with gold trading around $4,228.615, down approximately 0.06%, my short-term view was bearish. Central-bank gold purchases and concerns about U.S. government debt remained longer-term sources of support, but a stronger dollar and elevated Treasury yields were exerting more immediate pressure on gold.$微型10年美債收益率主連 2609(10Ymain)$ $微型30年美債收益率主連 2610(30Ymain)$ $30年美債主連 2612(ZBmain)$ $10年美債主連 2612(ZNmain)$ On the 30-minute chart, gold formed a swing high near 4,318, then made a series of lower high

Oil above US$100 changes the market equation for me. The biggest issue is not simply higher petrol prices, but the chain reaction: higher energy and transport costs → higher inflation → higher-for-longer interest rates → pressure on corporate margins and equity valuations. 🟢 Potential winners: Energy Oil producers such as $Exxon Mobil (XOM)$, $Chevron (CVX)$ and $ConocoPhillips (COP)$ should generally benefit if crude remains elevated because higher realised oil prices can translate into stronger cash flow. Refiners may also benefit when refining margins are favourable. We have already seen this rotation: when Brent moved above US$100 on 9 September, the S&P 500 Energy sector gained 1.1% while every other S&P sector declined. 🟡 Technology: Strong fundamentals meet a macro headwind

The global macroeconomic landscape has decisively shifted from an era of ultra-low, zero-interest-rate policy (ZIRP) to a persistent "higher-for-longer" structural interest rate regime. In this article, we would like to share how we would navigate the higher-for-longer rate regime, with buying high yields across longer-duration fixed-income instruments while selectively buying cash-flowing, high-quality equities to avoid the risk of my cash yields dropping later. 1. The Strategic Imperative of Locking in Long-Duration Yields For years following the global financial crisis and the pandemic shock, investors grew accustomed to near-zero benchmark interest rates. Yield-seeking capital crowded into risky assets or lingered in ultra-short cash equivalents. However, the subsequent monetary tighte