AMAT just crushed earnings.Applied Materials sees Q3 $3.16-3.56 vs $2.89 FactSet Consensus; sees revs $8.45-9.45 bln vs $8.14 bln FactSet Consensus I mentioned this before and I will double down again. The memory shortage will be fixed and those people frantic about MU, SNDK and WDC will soon be feverish about LRCX, AMAT and KLAC. The...Read More

After the close, CSCO beat estimates and guided up. Shares are +13% and running. We are +42% above basis.Cisco sees Q4 adjusted EPS $1.16-$1.18 consensus $1.07CSCO HYPERSCALER REVS $9B EST WAS $5BThis morning we had a big beat out of NBIS, +15% for the session, +33% from basis. Bear in mind, this is our second...Read More

Good day lads, Things were ugly in the morning but then stabilized and market bid up into the close. We didn’t come out unscathed however, shedding 72bps for the session. Reason for it, -2.7% in high beta today, more or less in line with the semis. In regard to the basket of winners we trimmed...Read More

Good day Gents, Ladies,I took the opportunity with today’s rally to trim some gains, doubling our cash position to just over 18%. This is a tactical move based on the recent stretched moves in many a momo name. I feel myself giddy when I talk to like minded market aficionados and I’d prefer to have...Read More

Cerberus is coming public on Thursday, a high growth competitor to NVDA. This is the second notable AI IPO coming public since Madison Air, MAIR. Barring geopolitical upheaval, we should see a lot of hype surrounding this IPO. I have a neocloud play that is tied to Cerebus but refuse to tell any of you...Read More