Leonid Zadorozhnykh @ProDoser: "Everyone’s calling the top. The..."

Finland

Everyone’s calling the top. The companies building this thing didn’t get the memo. Two weeks of the market swinging each direction, tech a but down, and the headlines have already decided how the story ends. Bubble. Overpriced. Get out now. Then you look at what the companies actually reported. $ASML (ASML Holding NV) came in strong this week and raised its outlook for the year. $MU (Micron Technology, Inc.) just had the biggest quarter in its history, sold out of its AI memory, with new factories that won’t add real supply until 2028. $GEV (GE Vernova LLC) turbine order book jumped 20% in a single quarter, now it’s all dold out for the next 4-5 years of factory output ahead. Prices on new turbine orders are going up, not down. Nobody reserves a power turbine for 2030 because they feel good about this week. We saw this exact setup in early 2026. Same headlines, same certainty. Earnings roughly doubled since, and the people who sold the story paid for it. Same with the scare pieces. Every few months a new model supposedly makes memory obsolete. Cheaper, smarter, more efficient, demand collapses. Several of those this year already. Not one of them showed up in anybody’s order book. Everything I can measure still looks good. Next real test is the end of this month, when $GOOG (Alphabet) and $MSFT (Microsoft) report and we find out whether the spending is still accelerating. Until then I see nothing worth panicking about. Turbines take years. Substations take years. Factories take longer than both. None of it reprices because of a bad Tuesday. Not adding on green days, not trimming on red ones. Positioning stays. What’s your read - noise or something real? And have a great summer, everyone. ——— ℹ️ Disclaimer: This post reflects my personal opinions and market observations and is not financial advice. 🤝 You can start copying my trades from just 300$ - check pinned post for more details. ⚠️ Past skyrocketing gains are not a guarantee of future results.

Not investment advice. The author may have financial interests in the mentioned instruments.