Spot DRAM has gone parabolic, which is why shares of SNDK, MU, WDC, and STX are vertical.As long as that chart stays elevated or continues higher, stocks like MSFT, AAPL, DELL, HPE and others will be penalized. In order to get supply up, SK Hynix, Samsung and the aforementioned American companies will need to scale,...Read More

Many were panicked by the events of last year and as a result — any semblance of tariff wars causes massive dislocations in risk. This was seen in yesterday’s tape and earlier this morning, with much of the high beta cadre of stocks off by another 2%. Then in the afternoon, a semblance of a...Read More

Deja vue all over again? Markets are behaving like last year after the initial salvos of the tariff tantrum; but I think this to be much different. The Greenland catalyst is now the only thing that matters for markets. Its resolution means higher prices and the power to resolve this problem lies entirely in the...Read More

I should’ve know a long weekend could equate to geopolitical strife. On Friday Trump announced tariffs against 8 European nations for getting in his way about seizing Greenland. Tariffs will come in light at 10% by Feb 1st and then heavy at 25% by June, which gives markets plenty of time to hash out exactly...Read More

The US carrier strikes groups should be in place to attack Iran by late next week. Today markets did a lot of nothing, especially since war of the looming nature is on deck. I do not think airstrikes against Iran will have a long term negative impact on markets, but it could cause oil to...Read More