To The Moon

$SK hynix(SKHY)$  $SanDisk Corp.(SNDK)$ Sandisk and Kioxia just showed off a 332-layer QLC 3D flash tech, offering up to 60% greater bit density compared to their eighth-gen design.

$Micron Technology(MU)$ $SK hynix(SKHY)$ Recently I've been rotating between Micron and SKHY. On Friday, Micron was the weaker one, so I trimmed some SKHY and moved that into Micron. The next day, SKHY was the weaker one and Oracle had the zoomies, so I trimmed some of that and bought SKHY back to a 50/50 allocation with Micron. I'm now up about 5% on those SKHY blocks I bought yesterday, and I'd trim from those at this price. There's something to this idea of keeping a 50/50 allocation between MU and SKHY and playing off the daily fluctuations between them. It's more than just the share price growth, because you're daily selling from the stronger one and buying into the weaker one.

$Duolingo, Inc.(DUOL)$ If this thing disappoints for the third or fourth earnings in a row, I might just dump it and never look back. The company itself is solid. The fundamentals keep moving up and to the right. The problem is it has been priced like a hypergrowth name, so even good growth isn't good enough anymore. We'll see how it plays out.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  We're still waiting here. The third resistance target sits at $535.64, still up in the air. The second resistance at $522.81 has been hit, and there's a chance of a reversal from this level. The first resistance point at $513.67 was also hit.

$SK hynix(SKHY)$ This is why you never try to time markets. Just buy great companies and hold for decades. That's how you beat them, history proves it. Been investing 35 years.

$ServiceNow(NOW)$  Funny how all the self-proclaimed geniuses who sold right at 109, thinking they'd just hop back in, are now stuck on the sidelines watching.

$Corning(GLW)$ This stock looks ridiculously oversold right now, apart from the memory cartel names. I think there's a decent shot at doubling within 6 months.

$SpaceX(SPCX)$ Looking at the holders list, I doubt any of them will sell right after Aug 6th. They don't seem desperate and they clearly know what they're holding. Brokers barely sold 1 to 20 shares to retail pre-IPO — what kind of impact would that even have? The short thesis feels pretty thin here.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  This has been a profitable SOXS trade. Nearly $70K in losses wiped out. Honestly never thought I would see it. Was not possible by just holding. Sell pops, flip to SOXL, rinse and repeat.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  Seeing legit weakness across the board right now. With South Korea down 6%, this instrument must be catching a serious bid, regardless of what's happening with the fully saturated and manipulated INTC.