Yesterday, I bought Hynix at 997 and SanDisk at 1250, and it seems like I timed it right. The logic is actually pretty simple—if bad news doesn’t make the price drop, then it’s gotta go up. Especially when you look at the analysis and target prices from major brokerages, it’s just laughable. When stock prices are skyrocketing, these guys keep shouting that it’ll hit new highs. Then, after the crash and all the leverage has been cleared out, they start lowering target prices. This is literally pointless—like taking off your pants to fart. The price has already tanked, so why do I need you to lower the target price now? Aside from the basic principle that once it’s dropped enough, it’s bound to rise, there’s also the news catalyst of Jensen Huang leading the $500 billion plan with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. Even though this money won’t hit the market immediately and will most likely end up being just a pipe dream, it’s still boosting market confidence. Just like how three weeks later, no one even remembers the $500 billion deal between Hynix and NVIDIA. But the confidence boost for the market is real. Same as always, we’re in the consolidation and recovery phase right now. It’s a great time for short-term trading—whether you’re going long or short, just don’t blindly follow the trend. Don’t be bullish just because prices are up or bearish just because they’re down. All eyes are on tonight’s CPI data, which will ultimately dictate the movement of all risk assets. Let’s wait and see. @BITstocks_CN Buy U.S. stocks on BIT—10,000+ U.S. stocks and ETFs, real holdings, and enjoy dividend payouts.