We are in a K-shaped economy where I see a lot of bull traps and bear traps.
$sndk, $pltr, and $app.
In my opinion,
$sndk - bear trap
$pltr - was in correction, now in a bull trap
$app - was in a bull trap, now in correction.
I have memory stocks, with $SNDK being my top pick. I believe a price of $3500 within the next year is a conservative estimate.
I've noticed numerous posts on X suggesting a shift towards photonics stocks instead of memory stocks. But some are overvalued and memory stocks are a bargain. It reminds me of the August 2024 situation with $AMD and $MU. Both are now more than 5X. ๐
I also, suspect that $PLTR is currently in a bull trap, a situation similar to what $APP went through before its most recent earnings report. Because of this, I plan to start buying $APP gradually in the near future. I've been monitoring this stock for a year now and have not purchased a single share.
I have memory stocks, with $SNDK being my top pick. I believe a price of $3500 within the next year is a conservative estimate. I've noticed numerous posts on X suggesting a shift towards photonics stocks, like $AAOI. However, my analysis indicates I should retain memory stocks, and that's what I'll be doing. In K shap economy bull traps and bear traps are keys to watch.
@amitisinvesting It's a K-shaped economy, so don't be worried if your preferred asset stays at the lower end of the K for a while.
$mu, $sndk, $skhy
Amit, you could do better than this.
@RJCcapital Although I disagree with the basis for his inclusion here, I believe there will be no substantial gains for memory stocks for the remainder of August. But memory fundamentals have become stronger than before. It's just the way the market plays. I'm bullish on $sndk and $skhy.
Looking at the RSI and momentum indicators strongly indicates an upward movement. Missing out on numbers is purely a psychological issue. Even if it doesn't happen after hours, the price will rise within a few days, so the exact timing isn't crucial. That said, I believe it could easily reach 1600 after the market closes today.
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Opportunities are near by .. $SNDK, $NBIS, $SMCI, $SKHY, $NVDA, $SOXL
IMO the S&P 500 needs to drop 200-225 points. The time it takes for this to happen will depend on its daily movement (both downward and upward), but it could take 7 to 8 days.
Software and cloud opportunities would be next in line ...
$MU 5.3x $SKHY 4.1x $SNDK 5.3x
The S&P trades near 22x. Semis trade north of 30x.
Priced like they're going out of business in two quarters. Ridiculous.
Why I'm bullish on $sndk, $MU, and $SKHY
A digital brain requires structured memory to store data, recognize patterns, and execute tasks efficiently. Unlike human recollection, electronic memory is superior to emotional memory because it remains completely objective, precise, and immune to cognitive bias.
While emotional memories in humans can fade, distort, or trigger unpredictable behavioral changes over time, digital databases preserve exact facts and mathematical logic perfectly. This unyielding stability ensures that artificial systems can retrieve critical information instantly without the interference of feelings, stress, or psychological decay.
https://t.co/eaAoidTf9L