Charles Y David

Stocks | Businesses | Markets
Long-term investor studying companies, valuation and market cycles.
Patience creates opportunity

[Charles Y David @cubanyandy]

$CRML

With limited data i can only chart short term.

We broke through support and now turned into resistance.

At this moment we will see if this is a break and retest!
so again, it's now or never

Let's see if we can break true resistance and create support.

At this time, I am neutral until further confirmation.

[Charles Y David @cubanyandy]

🚨 Midday Market Movers: Tariffs, Chip Sell-Offs & Crypto Craziness!
Trade talks have stalled, AI chip giants are under pressure ahead of earnings, and Bitcoin just surged past $79,000! Today’s market is full of volatility and shifting narratives. Here are the core catalysts driving the price action 👇

📈 Hot Money: The Winners
Steel Surges on Tariff Fears: Trade negotiations between the U.S. and Canada collapsed on Friday. With Canada set to implement retaliatory tariffs on the U.S. steel industry starting Sept. 8, Nucor ($NUE) and Steel Dynamics ($STLD) climbed roughly 2% as capital sought safety.

Crypto Stocks Take Flight: Bitcoin ($BTC) smashed through the $79,000 level, capping a massive 22% three-day rally! This breakout dragged crypto-linked plays higher, with MicroStrategy ($MSTR) gaining 4%, while Riot Platforms ($RIOT) and Mara Holdings ($MARA) both advanced 3%.

Standalone Breakouts: Travel platform Expedia ($EXPE) jumped over 4% after Evercore ISI boosted its price target to $430. Meanwhile, RUM Group ($RUM), which hosts Trump's Truth Social, rallied 5% after securing a massive $13.7 billion AI chip deal with an unnamed cloud customer.

📉 Under Pressure: The Losers
AI & Semiconductor Pullback: Nvidia ($NVDA ) slid 2%, pacing for its longest losing streak since September 2022 amid rumors of a 15% price hike for its AI servers. All eyes are on its Wednesday earnings report. The broader semiconductor ETF $SOXX dropped 2%, pulling down memory and chip names like $AMD , $INTC, $MU, and $WDC by 2% to 6%.

Logistics Battered by Tariffs: Trucking stocks tumbled after President Trump announced a 50% tariff on Canadian autos starting in 2027. J.B. Hunt ($JBHT) plunged 5%, and Knight-Swift ($KNX) fell over 3%.

Corporate Headwinds: Telehealth provider $HIMS sank 8% after Visa flagged consumer disputes regarding its weight-loss subscriptions, hitting the company with hefty surcharge fees. Optical component provider $AAOI tumbled 11% following the announcement of a $600 million at-the-market stock offering.

Do you think Nvidia's earnings report this Wednesday has what it takes to reverse its current losing streak?

[Charles Y David @cubanyandy]

Our national debt has reached $40 trillion and interest payments are now $1.3 trillion per year.

Interest payments consume 42% of all corporate and individual income taxes before any other program is funded. We borrow $2 trillion per year in additional debt to keep the lights on.

Now the Treasury is being forced to manipulate interest rates from going higher. The average interest rate on the $40 trillion is currently about 3.3%. As those older treasury bonds mature and get rolled over at nearly 5%, the overall interest expense for the govt will rise from $1.3 trillion per year to $2 trillion per year (and beyond).

You can quickly see how this cycle in interest payments on the national debt could swallow most of the US govt budget.

Meanwhile, Congress is making zero effort to cut spending.

[Charles Y David @cubanyandy]

Car break-ins by year in San Francisco have been decreasing, per SF Standard:

[Charles Y David @cubanyandy]

$SPY
PM high $767.19 PM low $763.12. Want $764 to hold for a scalp to $766.50.

[Charles Y David @cubanyandy]

@DiazCanelB https://t.co/EmXdmapJ6j

[Charles Y David @cubanyandy]

@elonmusk yeah 😎

[Charles Y David @cubanyandy]

@Goodd_boyyy gracias 🙏

[Charles Y David @cubanyandy]

@Goodd_boyyy @Goodd_boyyy esto es fuego 🔥 😁✊

[Charles Y David @cubanyandy]

@Goodd_boyyy yeah 😎✊

[Charles Y David @cubanyandy]

@Cristiano gue bola el mio jajajaja