MARKET UPDATE: How Situational Awareness Blew Up, Will Rates Nuke Us, What’s Next?

MARKET UPDATE: How Situational Awareness Blew Up, Will Rates Nuke Us, What’s Next? – 1000X

Market views

Bullish

MU— Micron is viewed as a strong buy after the Leopold liquidation selloff. Memory as a physical commodity is seen as undersupplied by 40-50% for the next 12 months with prices expected to triple, making this a good entry point in a bull market dip.
INTC— Intel is seen as a good reallocation opportunity post-liquidation, with massive national security implications for the US making it a strategic long-term hold despite recent volatility.
SNDK— SanDisk is included in the memory stock basket as a buy opportunity following the forced liquidation selloff, with the secular AI megatrend still intact.
AMZN— Amazon is performing well despite high CapEx spending, demonstrating that the market's concerns about excessive spending were misplaced. The company's focus on physical infrastructure (AWS, logistics) is proving valuable as atoms matter more than bits.
ATOMS— Structural shift from software (bits) to physical goods (atoms) as AI commoditizes software. The US has fallen behind in manufacturing, creating opportunities in companies focused on lowering production costs of physical goods.

Bearish

AAPL— Apple lacks innovation and vision in the AI era, with no meaningful product development since the iPhone. Despite having a monopoly on hardware in wealthy consumers' pockets, they're doing nothing with it while Siri remains poor quality.
GOOGL— Google printed its first quarter of negative free cash flow in decades as massive hardware spending compresses margins. The market is re-rating it from a high-margin software company to a lower-margin manufacturing company.
META— Meta is in purgatory between Apple and Google - spending heavily on AI but unable to figure out consumer AI despite having billions of users and the easiest sales funnel. Requires bold action before reinvestment is warranted.
BTC— Bitcoin will remain in no man's land until the AI trade cools off or rates come down. The structural issue is that large holders like Saylor create vulnerability similar to Leopold's situation, and the market can't go back to highs without resolution.

Not investment advice.