New highs! Absolute monster

Last paragraph above detailed our pre-set game plan for playing this memory rally; I think execution was great throughout.

- First went long $SNDK @ $115, sold $260
- Shorted $227, covered $200
- Re-entered long and made it 3rd largest position @ $194-$220, still holding

Anyway, seems like this is driving the memory move. Incrementally more positive for NAND ssd, and $SNDK also has lots of headspace to grow in enterprise ssd = growing pie + growing share for Sandisk. Lots of spaghetti words in the article but would make for good research tmr. Just kinda weird the stock didn’t move till open.

https://blocksandfiles.com/2026/01/06/nvidia-standardizes-gpu-cluster-kv-cache-offload-to-nvme-ssds/

Trimmed some $SNDK @ $336 and added to $LITE long @ $372

Also added to $ALAB short @ $158 and $CRDO short @ $132

CPO is here, but copper interconnect/electrical switches companies are still trading at 40-60x fwd p/e

https://www.globenewswire.com/news-release/2026/01/05/3213255/0/en/NVIDIA-Kicks-Off-the-Next-Generation-of-AI-With-Rubin-Six-New-Chips-One-Incredible-AI-Supercomputer.html

While I still am holding the majority of my $SNDK position, I also longed more $285A.JT (Kioxia) @ $13139.5 Yen to add to NAND exposure.

If the AI overlords are pushing NAND as a viable bridge between HDD and HBM, which was the original thesis for SNDK besides the structural memory demand from multimodal models, then a rising tide will lift all boats — even those that are a little wabi sabi off center.

I like it for its NAND pureplay aspect, but the risk is uncertainty regarding its LTA with Apple.

$AXTI out of this at $15 btw for 20%+ gain. Stock has ran up huge since and has become kind of a retail meme stock.

Yesterday's print highlighted the risk mentioned - revenue/guide missed partially because of export control delays. The company is VERY reliant on China, and any export controls (or the delays or lifting of it) basically makes or breaks its earnings. Too binary for me to hold for long. That said, can see why retail likes it and why they may bid on this stock. Just treat it as a gamble.

Past 2 weeks you can see an acceleration of pressure into midterms; Trump trying to press both short-term and long-term rates to elevate consumer sentiments

First with mortgage rates, then CC rates, and now legally prosecuting Powell.

Went long $RKT @ $22.4 and $BLDR @ $123.9 as a housing play; both are levered to housing construction starts & refinancing. The market’s first instinct is to always doubt Trump, but unironically we can make money taking him at his words most of the time. Still figuring out the short side for this trade though

https://x.com/federalreserve/status/2010510130970849338?s=46

$SLV new highs @ $74.81

Precious metals are a good hedge for the narrative of the Fed losing its independence. Right for the wrong reasons here 😛

I struggle to envision how schools will function in the future; how can a fixed four-year degree keep up with the accelerating rate of change enabled by AI?

I used to think it was over for most of the white-collar workforce. Now, however, I’m starting to think society is simply moving from a 'boss-to-employees' structure to a 'boss-to-agents' model. Yes there will be layoffs, but this also effectively means that every employee can become a boss in their own right.

At the risk of sounding controversial, there may be no better time to be laid off, or to take a risk and venture into the unknown, bounded only by the limits of your curiosity and hunger.

Instead of adopting the defensive mindset of guarding your job against AI (a losing battle and a race against time), why not build something of your own instead? Given where AI agents are today and what they will likely become, you can start a functioning company today without hiring a single person. The resources available today for free are virtually limitless.

Consequently, my perception of AI’s impact on society is improving; it doesn’t have to be negative. If everyone has the tools to build what they imagine, we may see a surge of impactful new ideas and unicorns. While AI can create inequality, it can also level the playing field.

https://x.com/claudeai/status/2010805682434666759?s=46

Perfect for short GTM independent power sources $BE $FSLR

$SLV @ $80.6 now, +19% from entry.

All silver-related positions are in profit.
$AG @ $20.3 +18%
$USAS @ $6.07 +4%

I think silver has more gas, but I closed $SLV & $USAS, and am consolidating into $AG.

Intel on the move after a possible slip of the tongue by Trump revealing Apple's investment in Intel. Would be great to get official confirmation on this - until then it remains yet another rumor in a headline-driven stock.

Another possibility is the CPU shortage narrative that is surfacing, but I am leaning towards the former given that $AMD / $ARM arent reacting much yet.

To recap - those who have been around here for awhile knows INTC is one of my highest conviction picks for H2'25 and CY26+. First added @ $22, and have continued to add to the position around $29-$38.

https://x.com/jyiscs/status/2011246865095016715?s=46

$INTC

Monster print + margin guide by $TSM. The show must go on

2026 Capex guided above St to $52-56b for a conservative company. Semicaps reacting well

$MU big bang quarter brought the key question for memory stocks into the spotlight, and Jensen’s recent CES speech answered it:

1) memory and storage becoming the primary bottlenecks
2) introducing ICMSP
3) calling out the massive NAND requirement for ballooning context and agentic tasks

Guess that was the catalyst for the market’s current rerating of $MU and $SNDK from cyclical players of the past to critical components of the AI infrastructure machine, with growth now expected to scale alongside token consumption in the future. The timeline couldn’t have been better

Can’t recall a time when market dispersion was this high with so many quality candidates on both the long and short sides driven by clear structural tailwinds / headwinds.

Is this how trading the Dot-Com bubble felt like? Wild times.. though crowding risk is a top consideration

First insider buy - pretty sizeable one too - on $MU since 2022, up at these levels. No prize for guessing what signals they’re trying to send. If the market won’t rerate my stock I’ll do it myself

https://x.com/hedgevision/status/2011964664746274834?s=46

$DELL short +15%
$QCOM short +11%

Getting squeezed on $ALAB / $CRDO shorts, but not too flustered yet. $ALAB avg short entry $170, $CRDO $145. $ALAB in particular seems like a good oppy to avg up short entry price

SaaS short basket on average +15% in 2 weeks

Also added other shorts recently:
$WIX @ $94
$COUR @ $7.12
$UPWK @ $19.8
$INTU @ $568
$SHOP @ $156 (largest short currently)

Dilemma between wanting to start trimming some of these to reduce risk of a crowded short squeeze, yet on the other hand i think many of these SaaS co. should actually be a zero in today's context