To The Moon

Saying an entire bull market is a casino probably comes easier when your own balance sheet is impenetrable. The skepticism in his tone aside, $Broadcom(AVGO)$  is still capturing half the custom silicon market.

$Broadcom(AVGO)$ AMD and NVDA seem to have an easy time going up 2-3x more than the rest of us, and then on red days they fall less. How does that even work?

$Broadcom(AVGO)$ The stock is showing relative strength compared to its industry peers, which could point to some underlying demand.

Quick flow recap on where the money went: $Amazon.com(AMZN)$  305k calls vs 120k puts, $Alphabet(GOOGL)$  252k calls vs 77k puts, $SoFi Technologies Inc.(SOFI)$  242k calls vs 51k puts, $Robinhood(HOOD)$  131k calls vs 53k puts, and $Salesforce.com(CRM)$  47k calls vs 15k puts. Calls clearly led the session, and $Amazon.com(AMZN)$  is the one worth watching going forward.

$Broadcom(AVGO)$ Up almost as much as AMD today. That's saying a lot for what's basically the overlooked stepchild of semis. Nobody believes this company will get as big as it's going to get. Google, Anthropic, Meta, OpenAI, and others would likely have something to say about that.

$Broadcom(AVGO)$ Record quarterly revenue just came in at $22.19B. The stock is down 26% from its high while the business keeps growing. What is the market missing here?

$Broadcom(AVGO)$  $Applied Materials(AMAT)$  saw a complete capitulation before semis turned around. That could have marked the final flush before heading back up. Let's see what happens next.

$Broadcom(AVGO)$  I didn't, but I'm not surprised. There isn't a lot of real analysis going on in the AI and technology sectors these days. Analysts have a price target of $533 on AVGO. I personally think it's closer to $600. I can't tell you where the bottom will be, but no matter what you pay for it now, in six months to a year it should look like a smart move.

$Oracle(ORCL)$ Crazy buying opportunity with many other names like $Broadcom(AVGO)$ 

$Broadcom(AVGO)$  Broadcom is unveiling its AI networking platform at the OCP Global Summit this week, with new Ethernet switches, high-performance NICs, PCIe components and next-generation co-packaged optics. Live demos are aimed at hyperscale clusters of more than 100,000 AI accelerators. As clusters scale, the bottleneck shifts from compute to connecting the chips, and Broadcom sells that layer. $Arista Networks(ANET)$  $NVIDIA(NVDA)$