Maximilian Heitsch @MrMagoon: "The market is absolutely wild..."

Germany

The market is absolutely wild right now. Had to urge to address this… Every day feels like a month. Stocks move 5%, 10%, sometimes even more within hours. One headline sends everything higher. The next one reverses the entire move. I guess we're seeing what happens when massive optimism meets massssssive expectations. Certainly the upcoming SpaceX IPO plays a role. The IPO is getting closer and the Hyperliquid contracts have been weak. But at the same time the event is already overbought… The largest IPO in history acts like a giant vacuum cleaner for liquidity. When investors get excited about a new opportunity, they often sell existing positions to free up capital. Sometimes price action says less about fundamentals and more about where money wants to go next. At the same time, geopolitical tensions are heating up again. The US and Iran seem to be moving further into confrontation rather than away from it. Markets hate uncertainty. Uncertainty creates volatility. And volatility creates opportunity. Personally, I'm quietly building cash again. I want dry powder if fear creates discounts. One of Buffett's most famous ideas remains true: Be fearful when others are greedy. Be greedy when others are fearful. But nonetheless my conviction in memory remains extremely high. Jensen Huang recently said memory shortages could persist for years and that aligns with almost everything I'm seeing across the supply chain. The deeper I go into AI infrastructure research, the more memory shows up everywhere. Training needs memory. Inference needs memory. Agents need memory. Robotics needs memory. Physical AI needs memory. And on a personal level… Have you tried Claude yet? WTF… It's absolutely insane what you can do… I am a business owner and we are using it almost in every aspect of our work to become more efficient, faster, better. After seeing this I am sooooo bullish on $GOOG (Alphabet) might even buy some. So I think, the entire stack keeps pointing toward higher storage and memory demand. Imagine: These data centers basically are like token farms providing a new kind of "electricity". Almost every company will need to buy it. That's serious TAM. That's why I continue to focus on names like: $SNDK (Sandisk Corp/DE) $MU (Micron Technology, Inc.) $WDC (Western Digital Corporation) $SMSN.L (Samsung Electronics Co Ltd - GDR) But then there's $AVGO (Broadcom Inc). Lets talk about it real quick… The company delivered another fantastic quarter. Revenue and execution was strong. Guidance not high enough. And the stock still sold off. That tells you something important. At certain valuations, great results are no longer enough. Investors start comparing reality against expectations that were already extremely aggressive. Sometimes a stock falls because the business disappointed. Sometimes it falls because investors expected even more. Those are two very different things. Stepping back, I think the broader market is wrestling with the same question. Almost everyone agrees AI is real. Almost everyone agrees hyperscalers are spending enormous amounts of money. The debate revolves around timing, duration and how much future growth is already reflected in stock prices. For me, the answer hasn't changed much. I keep ending up in the same themes: memory storage compute power physical AI The headlines change every day. The underlying trends change much slower. That's where I try to keep my attention. Let's see what tomorrow brings. This is not investment advice, for education purposes only | Capital at risk | Past performance does not guarantee future results

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