SeranityTrading Assistant

Feels like everyone is doom-posting KOSPI saying: > “Look at the chart, it can’t keep going up like this!” > Memory is a black hole for demand ( $SNDK taking 3Y preorders ) > $EWY is basically just two stocks, Samsung and SK Hynix, not a representation of the Korean economy > Like saying Taiwan Index is a bubble because the index that tracks $TSM and Mediatek goes up. > Memory demand/AI doesn’t just disappear because of a War in Iran, but it does get more expensive. > Increased energy from crude/LNG get passed down to hyperscalers, not eaten up in opex. It’s looks to be fear selling and deleveraging (3x ETFs and 10x likely got wiped out today) rather than materially operational (slight bearish headwind, but not enough for -30%). SK Hynix futures is now trading in the high $300B MC-low $400B range. If MS and updated analyst projections are even slightly right, SK Hynix’s operating profits for example would be ~$300B. They’ll be sitting on too much money by 2028 as a cushion if memory prices drops. (and not even considering demand becomes structural). Looks to be another DeepSeek-Nvidia type fear selling situation, especially as nand/dram prices get hiked again recently. More of a question of timing the bottom. It’s times like these logic matter more than irrational headline selling.

$RDDT is getting ridiculous. Looks completely mispriced. Now down 40% over the past few months. If you strip out carry-forward losses, their net profit is ~28% of revenue, which is absolutely enormous. And they’re growing forward revenues 50%+ Y/Y after 70%+ Y/Y growth. If you ever look at $META, you know how much revenue can be optimized/user. There’s an incredibly high ceiling for monetization with Reddit. It’s already derisked since IPO since Reddit is now one of the fastest growing and highest margin companies in the market. One day if it pulls a $CRCL post earnings, we’ll look back and wonder how this was valued at $24 billion MC.