Shyon
08-04 10:29
I welcome the rebound in technology stocks, but I don't think one strong session means the correction is over. Strong earnings from Microsoft and Amazon reinforce my confidence that AI spending is generating real returns, while the rebound in Korean and Taiwanese chip stocks suggests much of the recent selling was driven by deleveraging.

I still believe the recovery is more likely to be U-shaped than V-shaped. Confidence and valuations need time to recover, and I want to see broader participation, stable bond yields, and more earnings confirming AI monetization.

For now, I'm staying patient and continuing to build positions in high-quality AI companies during weakness instead of chasing rallies. If future pullbacks hold above recent lows, I'll become even more confident in the next leg of the AI bull market.

@Tiger_comments @TigerStars @TigerClub

Micron Gives Back 5.9% — Was the Memory Rally Just Two Days?
Memory pulled back Friday: Micron −5.90%, SK Hynix −3.54%; SOXL closed flat, then +4.42% after hours. Read it as digestion of Thursday's spike — the session KOSPI ran up 18%. Micron is still ~39% off its highs, and the sell side splits between "high-risk, high-reward" accumulation and refusing the dip outright. SanDisk and Western Digital report Wednesday. Customers confirm the shortage, but the tape just gave back gains — bounce or trend?
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