To The Moon

What a difference a day makes. Earlier this week, memory looked almost uninvestable. CXMT's server DRAM expansion triggered fears that Chinese supply could weaken the scarcity economics behind the memory supercycle. MU, SNDK and SK Hynix were hammered. Then came 15 October. Buyers returned and memory stocks bounced. One green session does not make a bottom. But after such violent selling, I am asking a different question now: Has the market finally found a price where investors are willing to defend the memory thesis? I think we may be getting our first clue. 🔴 THE CXMT THREAT IS REAL, BUT THE MARKET JUMPED SEVERAL STEPS AHEAD The bearish argument effectively became: CXMT improves technology → production surges → DRAM supply rises → pricing collapses → Micron margins collapse. Possible? Ye

After CPI came in hot, PPI has delivered another inflation warning. September PPI rose 1.3% month over month, more than double expectations. Yet the market reaction is interesting: SPY gained while QQQ lagged. Money is not simply leaving equities. It is rotating. That makes this less about "sell everything" and more about deciding what deserves fresh capital.  🔴 RED: WHAT WORRIES ME The biggest problem is no longer one bad inflation print. We now have CPI + PPI pointing in the same uncomfortable direction. Persistent producer inflation can eventually mean: Higher input costs → margin pressure → sticky consumer inflation → fewer rate cuts → higher yields → lower growth-stock valuations. That is particularly uncomfortable for expensive AI and technology stocks. My red-light signal would

September’s US producer inflation delivered an uncomfortable surprise. The Producer Price Index (PPI) jumped 1.3% month over month, well above the 0.6% economists expected. Annual producer inflation accelerated to 6.3%, its highest level since December 2022. Energy was a major driver, but the pressure wasn’t limited to fuel. Services prices rose 0.8% during the month, while prices excluding food, energy and trade services increased 0.5%. This raises a bigger question for investors: if inflation stays elevated, can money rotating out of technology stocks really find safety elsewhere? 📉 1. Why QQQ could remain under pressure The $Invesco QQQ Trust (QQQ)$ is heavily exposed to large growth and technology companies. When inflation rises, investors may worry that interest rates will remain high

This is a practical futures trading training session covering basic concepts, trading rules, operational methods and industry trends, content is as follows: With over 30 years of professional futures trading experience, Tom Yuen (YCK) has dedicated his career to both trading the markets and developing successful traders. Beginning as an independent floor trader at the Singapore International Monetary Exchange (SIMEX)—now SGX-DT—YCK spent 14 years trading his own capital in one of the world's most demanding trading environments before markets became fully electronic. A Computer Science graduate from the National University of Singapore, he combines analytical thinking with practical market experience to teach a disciplined approach based on Technical Analysis, trading psychology, probabilit

The market: hotter producer prices moved money out of technology and into value sectors $SPDR S&P 500 ETF Trust(SPY)$ rose 0.28 per cent to US$771.79 on Thursday, while $Invesco QQQ(QQQ)$ fell 0.13 per cent to US$728.00. September PPI increased 1.3 per cent from the previous month, above the market's 0.6 per cent expectation and faster than August's 0.4 per cent rise. Wholesale inflation reached 6.3 per cent from a year earlier, with energy prices the main driver. Renewed upstream price pressure reduced expectations for rate cuts and highly valued technology shares. The broad market did not fall with technology because money moved towards financials, consumer companies an

Yesterday was about fear. Today is about relative strength. The Dow is up about 1%, the S&P 500 is positive, while Nasdaq is barely green. That tells me money is returning, but investors are not rushing blindly back into high-beta tech. After hot CPI, hot PPI, the memory selloff and AI deleveraging, I think this is exactly the market where having a shopping list matters. My five watches today: MU, CRCL, SNDK, NVDA and RZLV. 🔵 MU: My Highest-Conviction Rebound Watch MU remains the stock I am watching most closely. The CXMT scare changed the conventional DRAM story, but it has not yet disproved Micron's HBM thesis. The rebound on 15 October was therefore important. Now I need follow-through. 🟢 $930-$950: Recovery strengthens 🟡 $850-$930: Bottom-building zone 🟢 $800-$840: Preferred Pick i