Mentioned
ASML Holding NV
ASML.NV
-2.80 (-0.19%)
1496.20
1496.60
Micron Technology, Inc.
MU
1.19 (0.14%)
878.78
879.02
Alphabet
GOOG
0.3200 (0.09%)
353.79
353.83
Heloise Greeff
Heloise Greeff
United Kingdom
1mo
๐Ÿ“Š Market Update โ€“ Reading the Rotation Goldman's Christian Mueller-Glissmann is making the case for rotating *within* the AI trade suggesting a move away from semiconductors, toward the hyperscalers. The argument: SOX up ~150% in 12 months, chipmakers carry the heaviest positioning and ETF/options leverage, and hyperscalers have lagged on capex doubts despite intact earnings. With Hormuz easing, he sees a "Goldilocks" setup: falling inflation expectations alongside decent earnings growth. For our portfolio, this is input not action: โ€ฃ $ASML.NV (ASML Holding NV) and $MU (Micron Technology, Inc.) have performed well, but they sit squarely in the volatile leg Goldman flags. We are sizing accordingly. โ€ฃ $GOOG (Alphabet) remains our hyperscaler footing. We are watching the broader laggards for opportunistic entry if pullbacks emerge. Looking ahead Bullish positioning is not itself a sell signal, but it raises the probability of setbacks if any driver is questioned. We stay constructive but disciplined and adding into pullbacks. Patience & discipline, Heloรฏse (26 June 2026) ____________________________________________________ *๐˜Š๐˜ข๐˜ฑ๐˜ช๐˜ต๐˜ข๐˜ญ ๐˜ช๐˜ด ๐˜ข๐˜ต ๐˜ณ๐˜ช๐˜ด๐˜ฌ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฑ๐˜ข๐˜ด๐˜ต ๐˜ฑ๐˜ฆ๐˜ณ๐˜ง๐˜ฐ๐˜ณ๐˜ฎ๐˜ข๐˜ฏ๐˜ค๐˜ฆ ๐˜ช๐˜ด ๐˜ฏ๐˜ฐ ๐˜จ๐˜ถ๐˜ข๐˜ณ๐˜ข๐˜ฏ๐˜ต๐˜ฆ๐˜ฆ ๐˜ฐ๐˜ง ๐˜ง๐˜ถ๐˜ต๐˜ถ๐˜ณ๐˜ฆ ๐˜ณ๐˜ฆ๐˜ต๐˜ถ๐˜ณ๐˜ฏ๐˜ด.
Not investment advice. The author may have financial interests in the mentioned instruments.
3 Mentioned
ASML Holding NV
ASML.NV
ASML Holding NV
Micron Technology, Inc.
MU
Micron Technology, Inc.
Alphabet
GOOG
Alphabet
null
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