To The Moon

$SpaceX(SPCX)$  Gosh. From a heady 50% rise above IPO on opening day to being down 18% (From IPO) a week later. This really is a herd mentality market. Very little intelligence or rational thinking are being exercised right now. All a perfect recipe for a total rout if good sense does not return. I actually saw this when people started getting crazy about cryptocurrencies. if you go back a couple of centuries you saw this happen with the tulip craze, and the South Seas con. It's happening again. Remember not to be sucked in to whatever the crowd is rushing into. These poor folks are easily manipulated when greed and fears are driving their decisions. Do your own studies and stick to them. Good companies will last. Fake ines will crash and bur

$Intel(INTC)$   From a brief 14% gain after release of quarterly results post-market to a 8% fall the day after, that's a huge 22% swing. And this is despite such good business results reported. This shows the market is indiscriminately moving either way and just followinh the herd.  You need strong stomach and convictions in today's stock markets. Think buying real estate. Prices may fall or rise but the property you buy and it's land it is on is till the same. If you are buying a genuine and good assett, the market value will eventually come around. Again. Just don't buy if you can't afford to hold.  And definitely do not buy dreams. Namely cryptocurrencies! Or moonshots. 

$Tesla Motors(TSLA)$   What a disappointment. Not only did profit fall, cash flow has turned negative. And this despite revenue going up.  Normally when revenue goes higher it is good. But when revenue goes high and profit crashes, this means the goods sold are not returning good margins. That is a very bad sign. It is no wonder TSLA crashed more than 14%.

$Marvell Technology(MRVL)$   Looking like the overall market has turned cautious and people are adopting a risk off attitude. Even counters like Intel which reported sterling results are giving back initial gains despite reporting spectacular results and forecast. This is not helped by dismay results from Mag 7 stocks like Tesla and not so good news from Google. It's money off for now. Wait a bit longer before committing.  But for MRVL, the future is still unchanged and positive. Just wait for the right time.....

$Intel(INTC)$   Good results but huge rally is sputtering and gains are being returned in overnight trades. I think this is because the overall tech and chips market is still in correction mode and this is dragging any counters along with it. We may need to let the momentum continue for now and not jump in.

$Marvell Technology(MRVL)$   I am holding on to my bull call on MRVL. Where there have been much accusations of Jensen Huang orchestrating round trip purchases of other companies, MRVL is one where I do not see them being given money to buy NVIDA chips.  So, this may actually mean Jensen sees real value in the company. 

$GraniteShares 2X Long MRVL Daily ETF(MVLL)$  I am holding on to my bull call on MRVL. Where there have been much accusations of Jensen Huang orchestrating round trip purchases of other companies, MRVL is one where I do not see them being given money to buy NVIDA chips. So, this may actually mean Jensen sees real value in the company.

One moment, the talk is the AI bubble has burst and the stocks are overvalued. The next, the AI boom has only just begun and more record highs are around the corner.  This market is so full of talk and stirrers. Just remember, everyone has an agenda. Just stick to your own believes and stay the course.

I want us to be a trillionaires. And Marvell is going to be the vehicle that gets us there! Haha. But seriously, if the AI story pans out, Marvell is in a very good place to ride the waves high.  Regardless if OpenAI, Anthropic or Deepsick or any new Chinese invention comes, Marvell (and Broadcom) are going to be the great beneficiaries.

$Marvell Technology(MRVL)$   MRVL alongside all other AI linked stocks are at a fear-of-pop stage right now. Panic happens both ways. When we are at a FOMO stage, when we are at a FOP stage.  But at the end of it all, one has to make his or her own studies and decide whether what you are investing in is at the best value.  So for MRVL, do you believe what Jensen Huang said when NVIDIA pumped in their billions. Or do you listen to the doomsayers who are calling this to be the end of the bubble?