
$Invesco QQQ Trust(QQQ.US)$Micron Tech(MU.US)$Sandisk(SNDK.US)The broad market's two-day technical rebound rally has given people illusions. Although it has reached historical highs, the explosive earnings reports are not sufficient to support a market pullback. It's only right that you can't make money beyond your own understanding.

$Sandisk(SNDK.US) I looked at the comments section and it's all short sellers, while the stock price is skyrocketing. Finally understood the saying that you can't make money beyond your knowledge 😂. The stock market is always where 10% of people make money and 90% lose money, with most losses coming from 'following the herd'. If no one shorts, where would the fuel for the rise come from... Even if you want to short, shouldn't you wait until just before the so-called institutional earnings report for a pump-and-dump, and only take profits together with the institutions after the report is released and future guidance is confirmed (i.e., tomorrow)? Shorting for the sake of shorting... you're starting to hallucinate 🥱
If it weren't for the Middle East war and the surge in crude oil prices holding it back, the storage sector's momentum might have risen who knows how much already. SanDisk's end-of-January earnings report already supported touching a $700 stock price. In the following February and March, storage prices increased again by so much. The three major original manufacturers are switching to HBM production, the NAND demand gap continues to widen, and flash memory prices are cheap enough with huge room for price increases, plus the real demand for storage shown at the GTC conference. Now, after such a long consolidation period, it just started warming up because of Micron's earnings report, and people are already shorting? If the war suddenly ends or oil prices suddenly crash, there might even be a violent rebound...
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