Five Below

$Five Below(FIVE.US) | Mizuho 𝐮𝐩𝐠𝐫𝐚𝐝𝐞𝐬 𝐅𝐢𝐯𝐞 𝐁𝐞𝐥𝐨𝐰 to 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦, 𝐜𝐮𝐭𝐬 𝐏𝐓 𝐭𝐨 $𝟐𝟐𝟎

“Shipowners will not resume transit through the Strait of Hormuz for weeks until they are confident that the US-Iran deal is “material”, the chief executive of Japan’s Mitsui OSK Lines told the Financial Times in an interview published on Tuesday (Jun 16)” - Source: Financial times

I have the same thinking as above. The current Middle East unrest is not so straightforward.

Takes weeks or months to improve the situation .😫 Current stock markets are way to optimistic. Let’s observe how the Fed chairman comments later.

Still have a bit of upwards

Looks like the bull has resumed for the memory chips. How long it will last, I don’t know. Just follow the smart money and don’t be left holding the bag.

Certainty is a fuel to sentiments especially to the bulls. And we can see that from the way the markets rally to a peace deal which seems more likely.

Now that the peace deal has firmed up, everyone seems to be in a buoyant risk on mode again. I am net long but cautiously so.

AI storage theme remains compelling as larger and more sophisticated AI models continue to drive demand for high-performance memory, storage and data management solutions. This provides a strong long term growth tailwind for companies exposed to AI infrastructure. However, after the sector’s significant rally, investors should expect periods of consolidation and heightened volatility, even as the underlying growth outlook remains intact.

Nvdia stock price running up last few years, make a lot of people become multi millionaire in world wide. are you one of them ?