To The Moon

Softbank famously lost 95% of its equity in three dotcom bubble.  Will this time be the same?

Its just the end of this plan.  I'm sure he'll file a new one and keep selling. 

$NVIDIA Corp(NVDA)$  I'm suspicious about why they seem to be doing deals with almost every tech company out there while Huang sells his shares every day. Are they going to miss their revenue target for next quarter (noting that $54bn is a big jump over last quarter of $46bn)?

This will probably be yet another rug pull. Bessant says they have a preliminary deal, gold goes down, all Trumps friends buy gold, then Trump throws a tantrum. 

I'm starting to wonder whether official statistics are being manipulated to make the Fed cut. Inflation only came in lower because owners housing costs were assessed as decreasing.

$SPDR Gold Shares(GLD)$  Gold was up 10% in September and is still up 5% this month, so only recent buyers have lost out. I'll wait and see what happens but I'm not even considering selling any of my mining companies unless gold goes below $3500/oz, the price at the beginning of September.

Margin debt has reached new heights driving the market up. With so much leverage, it won't take much bad news to see it fall.  I'm buying gold mining stocks to hedge. All the benefits of gold but with leverage. 

I think gold still has a long way to go up as global political instability is going to continue.  But I prefer gold mining stocks to physical gold as the mining companies are leveraged to the gold price and pay dividends.  $BTG 20260116 2.5 CALL$  

$ASML Holding NV(ASML)$  Revenue and forward orders are both down slightly compared with last quarter. Revenue was €7.7b in Q2 and is €7.5b in Q3. Forward orders were €5.5b in Q2 and are €5.4b in Q3. Net income was €2.3b in Q2 and €2.1b in Q3.  Looking back to last year's revenue,  Q1 and Q2 were both up significantly on the same quarter the previous year but Q3 is flat. This is not a good sign for AI as chip makers see no need to expand their factories. 

Funny how they're spending billions in investors money while selling down their own shares.