Hyeyun @Jeremyrees5
My life is an exploration, not a competition Joined May 2017-
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Dressing comfortably and eating with ease—simple self-contentment outshines endless validation.
Life here is very free
@RJCcapital Wall Street is still bearish, but the spot market is telling a completely different story.
Exactly this. AND what people are missing is the amount of companies committing to long term agreements and duration is not a dynamic we had before. When memory was tight a few customers would do mid length LTAs but it was rare. All major vendors with scale agreeing to these deals tell you their supply chain execs (who are very good at this) know this does not ease anytime soon.
A couple of thoughts on the memory debate: 1) I think those expecting ASPs/GMs to soon fall sharply because memory makers are signaling that – amid the signing of LTAs with price caps/floors and large volume commitments – GMs won’t go any higher often don’t appreciate how much
Don’t just blindly buy the dip on memory stocks that falling knife can cut deep
I agree with @ParadisLabs, personally I'm confused that some people aren't bullish or more bullish on memory stocks.. especially with memory stocks down an average of 40-50% in the past 6-8 weeks. Here are the current drawdowns: $STX down -29% $MU down -30% $DRAM down -38% $WDC
That’s some seriously disciplined execution.
Some portfolio changes for me today. Taking some chips off the table after some fun moves. My updated holdings & performance vs. the S&P 500: stockmarketnerd.com/portfolio-perf…
Life is a journey to be enjoyed, not a race to finish
From mango sticky rice frozen yogurt to mango smoothies
LATEST: 🇺🇸 Fed Governor Lisa Cook says she's "prepared to act" by raising rates if inflation doesn't show continued signs of easing soon.
Tossing all dirty clothes into the washing machine; the rumbling sound brings weird peace of mind.
It's muggy like a giant steamer outside; even the leaves on the trees look completely drained.
Gathering with friends occasionally just to talk random nonsense is pure happiness.
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