JH
82 posts
Here are the optical satellite imagery passes from July 24th. I'll post them in a thread due to upload limits. I'm literally just sharing raw observations as I see them, so plz don't be rude to me just bc the data looks unfavorable to your L/S. First up are Ras Laffan, Ras Tanura, and Jebel Dhanna. Based on continuous tracking throughout this week, Qatar is fucked, while the rest seem to have slowed down on loading ops, though they haven't completely ground to a halt. /1 #oott #iran
South Korea has never seen a bubble like this. I'd argue no nation has seen a vertical move like this. 54% of KOSPI index are 2 companies, SK Hynix & Samsung. When the memory bubble pops it's unclear what the economic consequences will be. This could be their 1929 depression.
Micron's $MU technical chart isn't telling us anything right now, but you know what chart is... SanDisk $SNDK The peak before the collapse today was within $150 of my $2500 target and only 2 trading days after my June 17th date. What happens next?
Sandisk $SNDK and Philadelphia Semiconductor Index $SOX are both bouncing right on schedule. If the parabolics are truly broken then this is the complacency stage, also known as the "return to normal" trap. Ironically the $SOX appears to have formed a head-and-shoulders pattern
