Yun Jui Tsai @YunRueiTsai: "@YunRueiTsai YTD Return: +52.29%..."

Taiwan

@YunRueiTsai YTD Return: +52.29% Weekly Portfolio Review Week to Day signal check: $AVGO (Broadcom Inc) -3.29% WTD $MRVL (Marvell Technology Group Ltd) +55.59% WTD $MU (Micron Technology, Inc.): +4.07% WTD, but down sharply from its weekly high $QQQ (Invesco QQQ) +0.36% WTD AVGO reported earnings and the stock dropped sharply after the report. The numbers were not bad. But the problem is that expectations were already very high. This is an important lesson: When a stock has already priced in a lot of good news, “good” may not be enough. MRVL remained very strong this week, showing that the market is still interested in custom AI chips, AI networking, and optical communication. But MU started to weaken after a strong run, and the overall tape did not feel as strong as the previous two weeks. I am not changing my long-term AI infrastructure thesis. But I am lowering leverage. I reduced risk exposure and started building a $NSDQ100 short / hedge position to bring my portfolio risk score down. For me, this is not about turning bearish on AI. It is about protecting gains when the market becomes less supportive. My current view: AI infrastructure remains the main long-term theme. But after a strong run, I want to be more selective and more defensive. This week’s lesson: Strong thesis does not mean unlimited risk. When leadership becomes narrower and volatility rises, risk control becomes more important than chasing. For followers and copiers: This portfolio is still focused on AI infrastructure, but it can be volatile. My job is not only to find growth themes. It is also to reduce risk when the market signal becomes weaker. When a strong theme starts to lose momentum, do you prefer to hold through volatility or reduce risk first? $OIL $VSH (Vishay Intertechnology Inc) $SPX500 # hedge #risk_score_down.

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