I have just covered the balance of my high-beta, high-tech short basket for a large gain:
* $AMAT $569.74 (-$11)
* $AMD $504.44 (-$25)
* $CAT $889.10 (-$25)
* $CRWV $72.67 (-$5)
* $INTC $97.78 (-$5)
* $MU $850.75 (-$55)
* $SNDK $1440.64 (-$175)
Position: None
I am covering some of my high-beta/high-tech positions in my short basket now:
* $CRWV $74.91 (-$5)
* $AMD $512.45 (-36)
* $MU $879.74 (-$104)
* $INTC $99.53 (-$8)
* $SNDK $1,498 (-$259)
* $AMAT $559.96 (-$36)
* $CAT $892.69 (-$41)
Position: Short CRWV (VS), AMD (VS), MU (VS), INTC (VS), SNDK (VS), AMAT (VS), CAT (VS)
The big data center names have strong revenue growth and demand that will last years, but is it time to buy?
I am still short my high-beta, high-tech basket which includes these names (and others): Intel ($INTC), Micron ($MU), SanDisk ($SNDK), Applied Materials ($AMAT), Advanced Micro Devices ($AMD), Caterpillar ($CAT), CoreWeave ($CRWV).
Position: Short INTC (S), MU (S), SNDK (S), AMAT (S), AMD (S), CAT (S), CRWV (S).
A name and symbol change have turned some heads, but we found another significant surprise to consider.
In response to some subscriber emails I am maintaining a small portion of my high-beta, high-tech short package – including (but not restricted to ($SNDK), ($MU), ($CAT), ($INTC), ($AMD), ($AMAT), ($CRWV) etc.)
Positions: Short Package VS (including stocks mentioned above)
Nasdaq, the S&P and even the Russell are all up; but here’s why I think they’ll come back down to earth.
Another leg lower for momentum, high beta tech (part of my short basket).
I am sticking with the remainder of the basket even though some of the drops have been dramatic:
Today’s Selected Price Changes in Short Basket
* SNDK ($SNDK) -$255
* CAT ($CAT) -$58
* CRWV ($CRWV) -$15
* INTC ($INTC) -$11
* MU ($MU) -$98
Position: Short Basket
Here’s why this week and next should be a busy time for this Portfolio position.
