$NVIDIA(NVDA)$   Just when Nvidia shareholders thought the selling might be easing, another bombshell arrived. November 11 regular close: $173.73. Up: 2.87%. Then came reports that Nvidia's board was preparing to decide Jensen Huang's future. And the stock plunged more than: 8% AFTER HOURS AT ONE POINT. Overnight indications subsequently hovered around: $161. Think about that. Nvidia is approaching its November 17 earnings with extraordinary AI demand. Yet investors are suddenly asking a question almost unimaginable a few weeks ago. WHAT IS NVIDIA WORTH WITHOUT JENSEN HUANG? I think this is now the most important question affecting the stock. And I have a prediction for the next few sessions. 🚨 FIRST, WHAT HAS A

$Micron Technology(MU)$  $SK hynix(SKHY)$  $SanDisk Corp.(SNDK)$   The memory trade is fighting back. After last week's brutal selloff, Monday brought some much-needed relief. Micron (MU): $733.15, +6.25%. SanDisk (SNDK): $887.54, +6.28%. SK Hynix ADR (SKHY): $134.34, +5.50%. But here's what fascinates me. Micron recently reported quarterly revenue of: $54.23 BILLION. SanDisk delivered: $11.03 BILLION. SK Hynix reported long-term agreements covering more than: 50% OF ITS EXPECTED 2027–2028 CAPACITY. So why did these stocks suffer such a violent correction? I think Wall Street is questioning something deeper. MEMORY DEMA

$NVIDIA(NVDA)$   Something extraordinary happened on Wall Street yesterday. Nasdaq: +2.74%. S&P 500: +2.35%. Broadcom: +8.78%. Micron: +6.25%. But Nvidia? -4.27%. Closing at: $178.67. And during the session, NVDA plunged to: $170.24. Think about that. The semiconductor sector was recovering. Investors were returning to beaten-down technology stocks. Yet the world's most influential AI chipmaker was still falling. That's approximately: 7 PERCENTAGE POINTS OF UNDERPERFORMANCE AGAINST THE NASDAQ. So has Nvidia become a bargain? Or is the market seeing something that dip buyers are overlooking? I think the answer is hidden in three things. TRUST. VOLUME. AND EARNINGS. And I wouldn't ignore any of them. 🚨 FIRST,

$NVIDIA(NVDA)$  $Micron Technology(MU)$  $Tesla Motors(TSLA)$  $SpaceX(SPCX)$   Wall Street is about to face a very unusual trading week. Just when investors thought the worst of the AI selloff might be behind us, Nvidia has another problem. And this time? IT ISN'T ABOUT AI DEMAND. It's about leadership. Nvidia closed Friday at: $186.64. But overnight trading indicated another decline of approximately: 4%. Meanwhile, Friday's recovery showed: MU: +5.12% TSLA: +4.23% SPCX: +8.62% So are we entering another round of AI selling? Or will investors separate the companies with real demand from

$NEBIUS(NBIS)$   Nebius shareholders have had a frightening week. November 5: NBIS -14.94%. November 6: +7.58%. Closing at: $129.49. A relief rally? Perhaps. But here's what I find fascinating. Nebius reported Q2 revenue growth of: 454% YoY. It has a Meta agreement worth up to: $27 BILLION. And management expects to reach: 5 GW OF CONTRACTED POWER by year-end. So why is Wall Street still nervous? Because there is one important distinction. SIGNED CAPACITY IS NOT REVENUE. And revenue is not the same as free cash flow. I think Thursday's earnings could tell us whether NBIS is becoming a sustainable AI infrastructure leader or simply an exceptionally expensive construction project. 🔥 THE $5.66 BILLION CONTRADICTION Let's look at Nebius's last re

$CoreWeave, Inc.(CRWV)$  $NEBIUS(NBIS)$   The AI infrastructure trade is under siege. CoreWeave (CRWV) closed Friday at: $46.40. Nebius (NBIS): $129.49. Both rebounded on November 6. But don't let one green day distract us from the bigger picture. In just one month, investors have wiped enormous value off these AI infrastructure companies. And yet their latest reported demand numbers are extraordinary. CoreWeave's revenue backlog: $104 BILLION. Nebius's Q2 revenue growth: +454% YoY. So what's going on? I think Wall Street has moved beyond asking: IS AI DEMAND REAL? The new question is: CAN AI DEMAND TURN INTO PROFITS BEFORE CAPITAL COSTS OVERWHELM SHAREHOLDERS? And this week's earnings could giv

SpaceX investors have just experienced a wild few sessions. November 5: SPCX -9.05%. Closing at: $123.62. November 6? +8.62%. Closing at: $134.27. And Deutsche Bank is maintaining its: $250 PRICE TARGET. That's approximately 86% above Friday's closing price. So why is Wall Street suddenly so divided? Texas is tightening restrictions on new AI data centres. The new governor-elect wants stronger protections for electricity, water and local communities. That sounds bearish for AI infrastructure. But Deutsche Bank sees another possibility. WHAT IF RESTRICTING COMPUTE SUPPLY MAKES EXISTING CAPACITY MORE VALUABLE? I think that's a powerful argument. But I found another number that deserves just as much attention. $16.4 BILLION. And it could determine whether the SpaceX AI story becomes an extrao

$Marvell Technology(MRVL)$   Marvell just made one of the biggest bets in AI infrastructure history. $115 BILLION. That's the announced enterprise value of its acquisition of Lumentum. The ambition? Combine semiconductor processing, networking, lasers and optical technology into one powerful AI connectivity platform. Sounds impressive. But the market's reaction? MRVL -16.48% ON THURSDAY. Latest price in my snapshot: $141.95. Lumentum? $540.32. And here's something fascinating. The market is pricing a very different future from the one management is promising. I think the reason goes beyond dilution. WALL STREET IS QUESTIONING THE PRICE, THE TIMELINE AND WHETHER THE AI BOOM CAN SUPPORT BOTH. 🔥 FIRST, LOOK AT THE

$Tesla Motors(TSLA)$   Tesla shareholders have just experienced a brutal week. November 5: TSLA -10.77%. The stock crashed to: $343.69. November 6? A relief rally. +4.23%. Closing at: $358.22. After hours: $359.40. So has the worst passed? I think the answer is more complicated than simply blaming the Democratic victory in the US midterms. Because while Tesla shares were collapsing, something extraordinary was happening inside its autonomous-driving business. Cumulative unsupervised Robotaxi miles grew approximately: 8X QUARTER-ON-QUARTER. By the end of September, Tesla reported almost: 2 MILLION CUMULATIVE UNSUPERVISED MILES. But here's the contradiction. Tesla's operating income fell: 56% YoY. And its operatin

$Circle Internet Corp.(CRCL)$   Circle delivered what looked like excellent earnings. Revenue and reserve income: $865 MILLION. Up: 17% YoY. Adjusted EBITDA: $317 MILLION. Up: 85%. USDC transaction volume: $13.9 TRILLION. Up: 49%. Yet CRCL closed November 6 at: $67.88. After hours: $67.40. And here's something interesting. ARK Invest has been accumulating shares during the weakness. Its holdings tracker indicates a net increase of approximately: 78,678 CRCL SHARES across its funds on November 6. So why does CRCL keep struggling? For shareholders who have watched their positions turn increasingly red, especially after encouraging earnings, I understand the frustration. But I don't want to manufacture optimism. I think the market is telling us

The US midterm elections have delivered a political earthquake. DEMOCRATS WIN BOTH CHAMBERS OF CONGRESS. A blue wave. Washington's balance of power is changing. And after the violent technology selloff, investors are searching for somewhere safer to park their money. Walmart? Costco? Consumer staples? These seem like obvious choices. After all, people still need groceries when the stock market crashes. But look at what happened on Friday, November 6. Nasdaq: +1.09% S&P 500: +0.31% Walmart: -1.72% Costco: -1.13% Interesting. Technology bounced. The supposed safe havens fell. So is Wall Street missing an opportunity? Or have investors already paid too much for safety? I think the answer lies in two numbers. 45X. And: 51X. Those are approximately the trailing earnings multiples for Walmar

Something extraordinary happened to memory stocks yesterday. SanDisk (SNDK): -22.26% Micron (MU): -17.46% SK Hynix: approximately -13.4% Meanwhile: Nasdaq Composite: -5.52% Nasdaq-100: -6.36% Philadelphia Semiconductor Index: approximately -12.25%. That's not an ordinary pullback. That's a sector-wide liquidation. But here's what I find fascinating. Just days earlier, these companies were reporting extraordinary demand. SanDisk's latest quarterly revenue: $11.03 BILLION Up: 23% SEQUENTIALLY. Its Data Center revenue? +61% SEQUENTIALLY. Micron reported: $54.23 BILLION in fiscal Q4 revenue. SK Hynix said long-term agreements already covered more than: 50% OF EXPECTED 2027-2028 PRODUCTION CAPACITY. So why is the market suddenly selling memory stocks as though the AI boom is collapsing? I think

Yesterday was brutal. Nasdaq-100: -6.36%. S&P 500: -4.36%. Dow: -1,833 POINTS. Philadelphia Semiconductor Index: -12.25%. And some of the stocks investors had been rushing to buy? MU: -17.46% AMD: -17.26% NVDA: -9.26% SNDK: -22.26%. Think about that. Just one day earlier, the Dow surged more than 1,500 points. The market was celebrating election clarity and a potential easing of geopolitical tensions. Then everything reversed. But here's the interesting part. Gold initially strengthened, then surrendered much of its intraday advance. Treasury yields fell. Bitcoin was under pressure. And the VIX jumped almost: 70%. So what's going on? Is this the beginning of a prolonged bear market? Or a violent liquidation that could eventually create exceptional buying opportunities? I think the answ

$Dow Jones(.DJI)$   $SPDR S&P 500 ETF Trust(SPY)$   $Invesco QQQ(QQQ)$  $Micron Technology(MU)$    Something extraordinary happened on Wall Street. On November 4: Dow: +3.03% S&P 500: +1.58% Nasdaq: +1.44% The Dow surged: 1,569 POINTS. But look beneath those beautiful green numbers. Microsoft: +6.68% Amazon: +6.12% Apple: +5.31% Alphabet: +3.18% Now look at the other side. Nvidia: -3.17% Micron: -7.00% SanDisk: -7.91% Tesla: -3.34% Two groups. Two completely different reactio

November has arrived. And Wall Street has suddenly turned green. On November 4: Dow: +3.03% S&P 500: +1.58% Nasdaq: +1.44% Hong Kong joined the recovery. Hang Seng: 23,919.50 (+1.67%) Hang Seng TECH: 3,936.02 (+1.77%) After a brutal October, this looks encouraging. But here's what caught my attention. NVIDIA FELL 3.17%. While the Dow surged more than 1,500 points. And Hong Kong technology stocks? They had lost approximately: 11.7% IN OCTOBER. So are we witnessing the beginning of a broad November rally? Or something more selective? I think the second possibility deserves much more attention. Because the next rally may not reward the stocks that led the last one. THE MARKET IS ROTATING BEFORE EVERYONE HAS REALISED IT. 🔥 FIRST, ABOUT NOVEMBER'S FAMOUS 80% WIN RATE Since 1996, the S&P

The US midterm election results are in. DEMOCRATS WIN BOTH CHAMBERS OF CONGRESS. A major political shift. And initially, markets were nervous. Nasdaq futures sold off sharply overnight. But then something interesting happened. BUYERS RETURNED. By November 4, US stock futures were recovering. The S&P 500 had finished the previous session at: 7,568.92 Up: 0.36%. The Nasdaq-100 was around: 28,180 in the latest market snapshot. And inverse ETFs? Already under pressure as futures recovered. So here's the question. Should investors buy SQQQ or SPXU now to protect their gains? My answer may surprise you. NOT NECESSARILY. Because I think the biggest danger after this election isn't simply another market correction. It is: BUYING THE WRONG HEDGE AT THE WRONG TIME. And there is one number every

The US midterm election results are in. DEMOCRATS WIN BOTH CHAMBERS OF CONGRESS. A major political shift. And initially, markets were nervous. Nasdaq futures sold off sharply overnight. But then something interesting happened. BUYERS RETURNED. By November 4, US stock futures were recovering. The S&P 500 had finished the previous session at: 7,568.92 Up: 0.36%. The Nasdaq-100 was around: 28,180 in the latest market snapshot. And inverse ETFs? Already under pressure as futures recovered. So here's the question. Should investors buy SQQQ or SPXU now to protect their gains? My answer may surprise you. NOT NECESSARILY. Because I think the biggest danger after this election isn't simply another market correction. It is: BUYING THE WRONG HEDGE AT THE WRONG TIME. And there is one number every

Bitcoin is fighting to hold: $77,000. The Binance hack shocked the crypto industry. Approximately: $6.34 BILLION in digital assets was stolen. But here's the part that deserves more attention. Binance says it has already replenished: 98% OF THE AFFECTED TOKEN ASSETS. Yet Bitcoin remains under pressure. US spot Bitcoin ETFs have recorded approximately: $1.04 BILLION IN NET OUTFLOWS across the October 30 and November 2 sessions. And Binance customers have withdrawn a net: $4.72 BILLION. So here's my question. If Binance has largely restored its customers' token balances, why hasn't confidence returned? I think the answer is important. Because Bitcoin is now fighting two completely different battles. THE SECURITY CRISIS. And: THE LIQUIDITY CRISIS. And the second may determine BTC's next major

AMD just delivered the kind of earnings report AI investors desperately needed. Revenue: $13.38 BILLION Up: 45% YoY. Adjusted EPS: $2.09 Against approximately: $1.95 EXPECTED. Data Center revenue: $8.55 BILLION Up: 97% YoY. And Q4 revenue guidance? $17 BILLION. Wall Street expected approximately: $16.23 BILLION. Then the stock exploded after hours. November 3 closing price: $483.90 Up: 3.65%. By around 6:04 p.m. ET, AMD was trading near: $521.35 Another: 7.74% AFTER HOURS. After last week's brutal selloff, this looks like precisely what the bulls needed. But I think the most important number in AMD's report isn't: $17 BILLION. It isn't: 97%. It isn't even: $2.09. It is: 55%. And that number could tell us whether AMD's next rally becomes sustainable or whether investors are about to confron

Something interesting is happening underneath this market. Yesterday: NASDAQ: -1.07% S&P 500: -0.51% while: DOW: +0.41%. Yet this morning some of the most beaten-up growth names are bouncing pre-market. AMD: +2.94%. SMCI: +2.46%. Micron: +3.24%. CRCL: +0.99%. That looks like dip buying. But I think something bigger is happening. The market is becoming much more selective about: WHAT IT IS WILLING TO PAY FOR. Palantir just gave us a perfect example. Phenomenal growth. Phenomenal margins. Phenomenal cash generation. The stock still fell. Meanwhile, the Nasdaq-100 has entered correction territory as investors increasingly question whether enormous AI spending will translate into sufficient returns. So going into tonight's earnings, I am NOT asking: “WHICH COMPANY WILL BEAT?” That question