To The Moon

If I had to rank the AI chain today, I would separate it into three buckets: 1. Power & infrastructure (highest conviction, longest runway) The market spent 2023-2025 obsessing over GPUs. The next bottleneck is increasingly electricity, cooling, transformers, grid upgrades, and data centre infrastructure. Goldman Sachs estimates data centre power demand could rise over 200% by 2030.  Names and themes linked to power, cooling, nuclear, and digital infrastructure may have a more durable runway because AI cannot scale without physical energy and facilities. 2. Memory & storage (strongest momentum) HBM has become the critical bottleneck in AI servers. New memory-focused ETFs such as DRAM have attracted enormous inflows and delivered explosive gains.  The risk: memory is still

I would be more selective rather than outright trimming or chasing. The key observation is that if inflation really is re-accelerating while AI-related stocks continue to rally, it suggests investors believe AI earnings growth is large enough to offset higher discount rates. That is a powerful signal, but it also raises concentration risk. My current hierarchy would be: Still bullish: AI infrastructure, power, data centres, networking, optical communications, memory. Neutral: Mega-cap AI leaders that already trade at demanding valuations. Cautious: Highly speculative AI names with little earnings support. If inflation stays elevated and the Fed remains hawkish, the biggest risk is not necessarily AI demand collapsing. It is valuation compression. A company growing earnings 40% can still se

Mathematical Money | May 30, 2026 Another 10,000 MARA shares got called away this week. On paper that looks like a worse position. The math says the opposite. If you've been following along, last week's post was about getting called away on the first 2,000. I wrote about how the assignment wasn't a disaster, even though it felt like one. This week the rest of the May expiry wave hit. About 6,500 more shares assigned at $10–$11 strikes when the stock was trading above $14. Plus the earlier 3,500 from May 9 and May 16 expiries that I covered last week. By the time the dust settled, the share count had dropped from 44,546 in mid-May to 34,546 today. Let me show you what that actually did to the position. The FIFO Math Nobody Explains Here's the part most retail traders never see, and it's the

Nvidia is the obvious example. It used to be a gaming company with a brief moment of fame during the crypto-mining boom. Cyclical at best. In 2022, revenue jumped 61% year on year; in 2023, it decelerated to just 0.2% growth. Then AI demand sent its revenue and profits, and the share price, to the sky. Revenue doubled in FY24 and again in FY25. Even in FY26 it grew 65% year on year, which is phenomenal at that size. That is what a business inflection point looks like. And this kind of sudden, fundamental change is exactly what most investors struggle to wrap their heads around. We’re talking about a real, significant leap in the business itself, not just the share price. Most investors are trained to analyze steadily growing companies and extrapolate historical trends. That’s why they keep

About two years ago, I called Nvidia overvalued. Investors were clamoring over the stock, and it went on to become the most valuable company in the world. All along, my instinct has been to get wary when everyone is singing a stock’s praises and buying it hand over fist. That caution has saved me countless times from getting swept into the speculation. Staying out of the herd has been useful. A recent example: in December 2025, I sold platinum into the gold and precious-metals craze ther than buying it. I still remember the queues snaking outside the shops. That was the contrarian in me talking. And I think a lot of investors are running that same contrarian instinct on the memory stocks today. But here’s the thing. Two years on, Nvidia didn’t crash. It broke $5T and stayed the most valuab

$Boustead(F9D.SI)$   The market doesn't seem to like the latest set of financial numbers. The price Gapped down drastically from 2.64 to close at 2.19. The chart is more or less damaged. The uptrend is over. She may go down to test 2.00. If 2.00 cannot hold, she may likely go down to revisit 1.70-1.80. Pls dyodd. Special dividend of 4.5 cents pkus final dividend of 4 cents. XD 7 August 2026 Highlights: • Net profit for the Group was 145% higher year-on-year at S$232.6 million, mainly due to the sale of the Group’s assets to UI Boustead REIT, as well as material improvement in share of loss of associates and joint ventures (upon reversal of a S$7.0 million liability related to a fee imposed by a landowner). For a comparative review, after ad

$PC Partner(PCT.SI)$    PC Partner - Chart wise, bullish mode. She had a great running up from 1.20+ to 2.40, awesome. Can monitor and wait for the next setup to decide the next move. It may likely continue to trend higher! PC Partner was founded in 1997. Over the years, we have developed from a modest contract manufacturer with less than 300 employees to a leading global manufacturer of computer electronic with overseas offices selling its own brands of products worldwide. Our products have expanded into a full range of video graphics cards, MiniPCs, motherboards, embedded systems and gaming hardware. We are also offering one-stop electronic manufacturing services to reputable brands all over the world. As one of the leaders in the in

$Dell Technologies Inc.(DELL)$  Dell's results strengthen the AI infrastructure thesis. A 750%+ surge in AI server revenue and record backlog suggest demand remains robust and that enterprise AI spending is broadening beyond just chipmakers. The bull case is that Dell is being re-rated from a low-growth hardware vendor into a key AI deployment beneficiary. Unlike many AI stories, it has real revenue, cash flow and customer relationships today. The bear case is margin mix. AI servers are often lower-margin than software, and investors need to see that explosive revenue growth translates into sustainable earnings growth. The legacy PC business also remains a drag. Would I buy after a 38% after-hours jump? Probably not chase immediately. I'd pre

Starlink is the growth engine: 61% of Rev. +49.8% growth, 38.8% margin. Launch is foundational but losing money (-16.1% margin, revenue shrinking). AI is the moonshot, burning $12.7B CapEx with -198.5% margin.💸 FCF is negative (2025 ≈ -$14B, Q1 2026 ≈ -$9.1B). The IPO isn’t a bailout—it’s fuel for AI infra & Starship scaling.🐯 Investor Takeaway: The $1.8T valuation is anchored on Starlink’s profitability, with optionality priced into AI & Starship. Right now AI drags, but the bet is whether it becomes the next growth engine.@JC888 @Barcode @Aqa

Economic Preview: Key Data Releases (week of 01Jun2026) The following sections outline key macroeconomic forecasts and indicators spanning manufacturing, services, labor markets, and energy sectors, with particular emphasis on metrics influencing upcoming Federal Reserve monetary policy decisions. 1. Manufacturing Sector Indicators S&P Global Manufacturing PMI (May): The forecast is projected at 55.3, indicating continued expansion and growth within global manufacturing. ISM Manufacturing PMI (May): The index is forecasted at 53.3, signalling anticipated growth within the domestic American manufacturing sector. ISM Manufacturing Prices (May): A significant point of concern is the high forecast of 85.3. This elevated metric indicates rising producer costs, which are highly likely to be

Earnings Calendar (01Jun2026) Here are some earnings of interest in the coming week: Dollar General, HPE, Broadcom, CrowdStrike and C3.AI. Let us look at C3 AI. The stock price has fallen 59.50% from a year ago. Based on analysts' sentiment, their sentiment is “Neutral” towards the stock. With a price target of $8.91, there is a potential downside of 18.28%. Based on Technical Analysis, there is a recommendation of “Strong Buy”. 1. Income Statement Metrics Revenue Growth: Total revenue increased overall from $252M in 2022 to $307M for the Trailing Twelve Months (TTM). Notably, performance peaked in 2025 with an annual revenue of $389M. Net Income / Loss: Profitability trends remain severely strained. The company recorded a net loss of $192M in 2022, which has signi

$Hewlett Packard Enterprise(HPE)$ $Dell Technologies Inc.(DELL)$  $Virgin Galactic(SPCE)$  💻📈⚡ $HPE heads into earnings with one of the more interesting positioning setups in AI infrastructure right now ⚡📈💻 I’m watching $HPE closely into tonight’s result because the market may still be underestimating how sensitive this name is to AI infrastructure sentiment. Shares have rallied +56% YTD and are trading near record highs after an 11-week advance. Yet positioning still looks unusually split. Short interest fell nearly -68% on the latest report, suggesting a meaningful part of the bearish trade has already been squeezed out. At the same time, ana

Singapore's property market is still red hot with no signs of slowing down. Many HDB owners are upgrading to condos, while PRs and new citizens continue to enter the market as buyers. For some homeowners, reaching MOP and selling a few years later can potentially generate gains of several hundred thousand dollars. As the population continues growing towards 7–8 million, the housing "musical chairs" game is likely to continue, supporting long-term demand. That said, I think the rental market could become more challenging. More PRs and new citizens may choose to buy their own homes rather than rent, increasing competition among landlords. At the same time, job growth may slow as AI and automation create fewer but higher-paying jobs. We're already seeing layoffs across white collar group such

May's rally looks healthier than many expected, but it is still heavily driven by AI and large-cap tech. Market breadth has improved compared to early 2025, yet leadership remains concentrated in names linked to AI infrastructure, semiconductors and hyperscaler capex. A few things I am watching for June: Bullish factors Strong AI spending from cloud giants. Falling recession fears. Earnings revisions for AI beneficiaries such as NVIDIA, Micron Technology and Broadcom remain positive. Institutional cash levels are not excessively low yet. Risks Nasdaq 100 above 30,000 is psychologically significant. Valuations are becoming stretched. Any disappointment in AI capex growth could trigger a sharp rotation. Bond yields remain a threat to high-multiple stocks. For June, I favour: 1. AI infrastruc

NVIDIA's move is strategically important, but I would not declare the x86 moat broken yet. The bigger story is not the PC chip itself. It is NVIDIA extending its ecosystem from AI training to AI inference, robotics, digital twins and now client PCs. The new DSX vision complements platforms such as NVIDIA Omniverse by allowing companies to simulate AI factories before deploying real hardware. For PCs, NVIDIA faces three hurdles: Software compatibility: x86 still dominates enterprise Windows workloads. OEM relationships: Intel and Advanced Micro Devices have decades-long partnerships with PC makers. Enterprise inertia: Businesses refresh PCs slowly and value compatibility over cutting-edge AI features. However, NVIDIA's advantage is that AI PCs may shift the battleground from CPU performance