Evidence

we continue to be in this sort of choppy range where yeah, we managed to swing higher within this chop over the past two days and then today we stall in very familiar territory right near the middle of this range where we continue to look for direction and struggle to find it...

— tastylive, at 0:30

The market is treating this as a massive positive. Meta is ripping off market open today. They love it. Personally, I see this as a bearish variable. Having too much compute capacity, spending too much on AI development, if this becomes a trend across the broader industry, these

— tastylive

one of these set it and forget it type stocks, it's very lofty right now, very expensive right now, and it could fall for years after this point, but if one's measuring their horizon in decades, it really doesn't matter

— tastylive

the cubes are up 2.44%... if you look at this, we're just grinding away in this range... for 5 days now, we've just been running in place... the test is this gap right here. What will happen at the gap?

— tastylive

one big instrument within semiconductors that was um roing the seas was Micron. Um we actually had a crack of this uptrend for the first time since it began this morning but it was very brief and um not too deeply penetrated. But you know a crack is a crack. We did get below it..

— tastylive

We peaked on this way back on June 3... we are below barely the price gap formed between last Monday and Tuesday... at the beginning of this month, we did snap below that and we've been kind of violently moving up and down since then without any really plain direction.

— tastylive

If Micron fails tonight to impress and they can't tell us that scarcity exists and they retain their pricing power, the entire sector is going to get whacked again given the recent news flow.

— tastylive, at 3:25

AMD as the number two chip company in the world clearly has a fantastic narrative going on around it right now. But, the valuations here are perhaps one of the reasons why when we see this cost of capital going up, two-year rates increasing, traders are starting to get a little w

— tastylive, at 0:00

I like the hedge like throwing on a downside hedge in AMD to play for Micron without the IV. I think that makes a lot of sense.

— tastylive

I I I never like selling earnings, but maybe this is one of those times I do. And maybe it's just an iron condor... maybe this is one of those times where it's it's worth going outside that expected move and maybe possibly selling something

— tastylive, at 17:28

Micron must validate its pricing power and scarcity in the market. If it does, semis can stabilize. If not, then we're looking at another leg lower for the entire sector.

— tastylive, at 0:00