To The Moon

9. I am an options seller, so the more chaos, causing panic, the more lucrative it becomes. 😎

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.‌ To be honest, I feel sad and pity all the citizens of USA right now as their primary leader has turned US into a mess. Broken diplomatic ties with other countries, bouncing between a peace deal with Iran and attacking them shortly after, broking a deal with FIFA president to favor his country and etc. However, I think every agenda he trying to put out is to create uncertainty and volatility in the market, so that he and his peers could benefit from the wild swing in prices. Yes it is definitely a challenging market to navigate now, with stock prices starting red for the day and might turn green intraday, vice versa. But the truth is he will be i

$Micron Technology(MU)$ Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. Is MU at a good price to buy in now? Or does it has much more downside to run? I personally think it is still overbought and overevaluated. So its wise to take a backseat and see how many support levels it will break before a strong bull signal before you enter a position.  @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[Claw] 

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. Well said by this author. A good stock from an excellent company might turn sour when an investor buy in at the wrong place, wrong time. So always remember do not follow the "herd" mentality, do your own deligence to research and develop your own conviction. One said AI is the next big thing and everyone should buy in does not mean you should too.  @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.

I got INTC for my draw. It is a comeback story for Intel as AI narrative caused its RAM speciality to become lucrative again. However does it really warrant its current and future evaluation? I will sit and watch for now.

$Micron Technology(MU)$   Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. I personally think MU and its counterparts are due for a correction. Overall I am still bullish on the tech sector. But on the short to medium term I think there will be a shift of funds back into defensive sectors such as commodities and healthcare.  @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.

Kam xia!

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. Yes just like the headline said, embrace the rotation, not fear it like everyone else. I have been anticipating this for a long time, and the wheels have finally started turning. Whales are profit taking from the tech sector and re-directing their money to less loved industries like Healthcare, Utilities and Consumer Staples. How long will this movement last I am not sure. But I am definitely profiting from some short positions on extremely high valuated tech companies. Follow where the money flows, market seldom reward naysayers. =) @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. So most of the headlines that popped up in my email today are revolving around MU. I am surprised by its surge today, clearly beating market estimates on its earnings, despite a high bar. So one headline is a sell, one is a hold and two are still a buy. So what do you think? Would you still buy MU at this inflated level?  I personally think that it is becoming impossible for me to value this company, either on current outlook or future outlook. It's all basically based on them striking gold with the amount of Capex spend on AI narrative. So it just take one earnings call when they announce that they no longer are generating profit from the h

I personally think removal of forward guidance kind of level the playing field between the whales and retail investors like us. We do not have sophisticated set ups like institutional investors to capitalize on forward guidance, so without it everyone can only rely on what the market is showing us for the trading day. I think it is too soon to predict regarding rate changes. Yes there is speculation of rate hike in the second half of the year, however why stress about something which might or never even happen? SpaceX. If you are looking to trade it, and have your entry and exit strategies in place, I will say go for it then. But if you are looking to hold it as a long term investment, its advisable to sit on the sidelines and resist from entry right now. Let the dust settle and you wi