AU Trading Journal 🩵😈

Brent crude oil prices surge above $76/barrel after the US revokes Iran's general license to export oil in response to Iran striking three commercial vessels in the Strait of Hormuz I hope to see the VIX spike during today's selloff, so we can buy the dip again

$zec Up 2% just now and now at 506. Can it reach the target tomorrow? Can it return to the previous high in one week? A lot of ZEC shorts were liquidated around 504 just now. I don’t know whether it will pull back before moving higher or continue to rally

I bought some $zec at 490 https://x.com/i/status/2074523564452331905

Glad it fell. I already said Neocloud and optics are no good especially $AAOI $CRWV. Don't say I'm conspiracy theorizing I know some things

Already explained the reason behind $SNDK sharp selloff last week. Most of you probably overlooked that point. NAND price increases came in below expectations

$MSFT is currently my largest position with very high conviction. Been calling it for days. Waiting until Wednesday or Thursday to buy the dip in semis and skhynix, then selling on Friday.

Update: added $GOOGL and $AAPL https://x.com/i/status/2074496888074895787

$MSFT, $RDDT, and $PLTR opened higher while almost every other stock is falling !

$KORU is down 16%. I closed the short. I'll wait until the US market opens to close my shorts on optical stocks and neocloud names. After the rebound ends following Friday, I may short them again. I think US stocks will likely fall tonight, then rebound from Wednesday through Friday. I rotated the profits into $MSFT, $RDDT, and $PLTR. I also bought a small position in industrial stocks as a defensive move. I'll explain more later. I'll think carefully about what stocks to buy next after I wake up.

$KORU is down 6%, feels good. Now waiting for the South Korean stock market to hit a circuit breaker today or tomorrow. My guess is it happens on Wednesday or Thursday.

I rotated all of my semicap positions into $MSFT and a few software stocks, trimmed some of my profitable positions, shorted $KORU, and continued adding to my short positions in the optical and neocloud sectors. https://x.com/i/status/2074280539734044783

SHAZ ICHR and Gold are also up sharply today

$crdo up 7% at open

$BE up 6% at the open. https://x.com/i/status/2074128739726930385

$SKHynix continues to be pinned around or below 1,600 while $Gold keeps making new highs. At the same time, SemiAnalysis didn't publish another bearish piece on CPO today, which is very bullish for $CRDO. By the way, many of the market makers in optical stocks are based in Shanghai, China. That should help explain why AAOI sold off so brutally. It wasn't just the SemiAnalysis report

This Week's Playbook: $skhynix $MSFT $GOLD power ( $BE $NRG etc.) $SHAZ Semicap ( $AMAT $ICHR etc.) https://x.com/i/status/2073831853925294438

My broad outlook for July. I'll publish a more detailed report tomorrow. Overall, I remain bullish on the market. The credit market continues to support a risk on environment. Semiconductors, however, will most likely stay range bound as the sector continues to deleverage. There are two key catalysts ahead for semiconductors: the SK hynix ADR listing and the upcoming Mag 7 earnings, where the market needs confirmation that Mag 7 capex remains intact. With that in mind, I've made the following portfolio adjustments. https://x.com/i/status/2073060011497177329

The Great Retreat. Preserve your capital. Meta is disgusting.

I sold all my 2x ETFs once I got back to breakeven. Semis and memory are just too weak. I'll keep some common shares instead.🥀