Palantir’s New Partner: 8 Key Items Shaping the Stock Market Thursday
Broadcom’s earnings, TSM’s multiyear view on AI chips, the Quantinuum IPO, and other headlines are moving stocks this morning.
It’s Time to Make Some Moves as a Shift in Market Character Develops
Chips rolling over on Broadcom and IBIT testing structural support are testing the market.
Market Shifts Into Full Mania Mode
As AI trade continues to enter more and more radical territory, I’m bracing for a bad ending.
Marvell Set for Gains After Nvidia CEO’s ‘Trillion Dollar’ Projection
Nvidia CEO Huang believes Marvell Technology is a $1 trillion stock.
Marvell-ing at This Short!
I covered all of my ($MRVL) short at $309.30 (shorted at $336 at 4:15 a.m.) for a quick and good profit.
Position: None
Elon Musk Sets the SpaceX IPO Price: 8 Key Items Shaping the Stock Market Wednesday
Renewed Gulf hostilities, new Trump tariffs, Bessent testifies and other headlines are moving stocks this morning.
A Ceasefire With Lots of Fire; OECD’s Dire Warning, Another Tariff Try
Let’s check the latest from Iran, the OECD’s dire forecast, another round of tariffs … and my Marvell miss.
Hot Money Rotates to Keep the Market Running
Rolling updates on negotiations with Iran seem to have lost their meaning.
Some ‘Stuff’
* A Key Observation
“Maybe not today, maybe not tomorrow, but soon and for the rest of your life.”
– Casablanca (Rick telling Ilsa why she has to board the plane)
Everyone is playing the same game on the long side (AI).
* The Likely Memeification of Cannabis Stocks
“I never make plans that far ahead.”
– Casablanca (Rick’s response when Ilsa asks, “Will I see you tonight?”)
The animal spirits are on overload.
Market participants are grabbing at anything AI, space, memory, semis, etc. Parabolic moves have become common place. In the extreme, Jensen Huang mentions Marvell ($MRVL) favorably and the shares rally by nearly +$70.
With the likely rescheduling of weed, likely uplistings (on major U.S. exchanges), settling of custody issues and emergence of institutional buyers (unleashing an abundance of buying power), I am increasingly of the camp that cannabis stocks could be memeified with such powerful changes ahead in the reasonably near term.
I add daily to $VRNO — my favorite on a risk/reward basis.
Position: Long MSOS (VS), TSNDF (S), GTBIF (VS), TCNNF (VS), GLASF (S), CURLF (VS) VRNO (M)
How to Approach ‘Next Trillion-Dollar Co.’ Marvell Late in Game
We missed making some money in Marvell over 2026, so here’s how I’d handle the name now, and in the longer term.