Trimming QCOM, adding cash; feels overextended.
Everyone cheering QCOM to a new year high feels premature. Chip cycles peak and fade, and memory demand is cyclical. If QCOM can’t show sustained margin expansion and guidance, this pop looks like a classic distribution.
Noticing the move is mostly on memory strength, but guidance and gross margins look shaky. Feels like a rerating, not a trend change.
Feels like a pivot, not a recovery. Theater attendance is still down ~30% year-over-year, and streaming ad spend is flat. I’m cautious.
Kinda skeptical this actually changes anything. The name still trades on hype, not cash flow.
Dip buy on AMC after the facts drop?
With rates easing and China stimulus, copper demand looks supportive, but if China softens again, the whole base metal story could unwind fast.
Strong buy vibes, but copper risk premium feels stretched.
If copper retests last week's highs, I'll nibble FCX on dips; otherwise, waiting for a broader commodity bounce.
