Episode 1042: Nidec Is Winning the AI Surge, I Sold My Tech Stocks for AbbVie, Lam Research (LRCX)

Martin (0:00)

Trump and other world leaders speak at UN, General Assembly, which is just a few blocks away from here, New York City. We ran into Tim Cook last, yesterday.

Did you hear about this, Keith?

Keith (0:11)

Yeah.

Martin (0:12)

Yeah, we got a photo of Tim Cook on the streets of New York. Buongiorno. So what's going on this morning? Well, we were out of the AMD position. That's a $4,000 profit, it looks like. Although, yeah, no, that makes sense. Just trying to figure out if there are any after-hours shenanigans on that one, but I don't think so. Intel, we were short, small. I don't know, you want to stay in that? Is it because we're long? We're still long, Sandisk? Yeah, we're still long. What's on Intel?

You want to go bigger? You want to go long? Man, he doesn't even know. What are we doing on Nvidia? You have no position?

Oh, yeah, we took the profits yesterday. Taiwan Semi, SK Hynix, LAM, and ASML. Let's go. Big day for Micron. Why is it a big day for Micron? Is there something happening with Micron today, Keith? Keith's panicking right now. Big day for Micron. What the fuck are you talking about? Big day for Micron. Viking is the big news this morning. Biotech.

I don't know. I don't think this is really great data that will propel the stock. Like I just really think that classic GLP is not something that the market needs or wants or cares about. So I think Viking will sell off or continue to sell off. That's kind of the big news in biotech. There's also Celldex. Celldex is amazing. It's down.

After rallying, it was up at one point 20 or 30 percent. I was interested in buying it.

Keith (1:38)

Then it went down. Wow, I missed this whole thing.

Martin (1:41)

I missed the whole Celldex craziness. We got to introduce the stream to Chris at some point.

Talk to the people. Yeah, we're just printing money over here. That's like new AI yesterday, NUAI. There's like this fake press release they put out and it's getting crack. What? GLND is getting crack. Greenland. Trump owns Greenland now, so Greenland stocks are going to go up.

Oh, wait, there are no Greenland stocks. They're going to buy the meme stocks.

SPEAKER_3 (2:09)

Breaking news, US South stocks opened higher with the Dow Jones. Oh, my God.

Martin (2:14)

Look back on your memories and this.

SPEAKER_3 (2:15)

S&P 500 up 0.09.

Martin (2:18)

Windows almost smoked me. I'm not sharing my screen. But Windows popped up.

Look back at your memories. And it's like they show you photos of your screen shots. Chicken and bikini. It killed me.

Keith (2:33)

Like, hey, what is that?

Martin (2:35)

Look back at your memories.

Chris (2:37)

What memory was that one?

Keith (2:39)

They can call you to air it all when you want.

Martin (2:42)

It happens. You got to roll up the punches. OK, Greenland now back up.

Why did you sell it? Scared of what? Yeah, there's some positive data points on being reported on SanDisk on NVMe flash, being highly in demand partially due to agents. And you also have, you know, some cross currents out of Asia, where both the Asian big players, CXMT and the other one, YMTC, were going to start encroaching on each other's things, despite being set up by the government, really. So odd situations brewing in Asia. But yeah, as usual, Keith, dropping the ball over here.

SPEAKER_3 (3:21)

I'm just kidding.

Martin (3:24)

He's doing great.

Sell your AMD short or cover your AMD short? This man. I don't know, I kind of feel Viking is going to keep puking, but I also kind of feel like... But I just can't believe I missed the... I can't believe I missed the And, uh, Saldex, this is nuts. Look at this chart chat. Let me take this away for a second, this chart. These guys have a Hives drug. Hives isn't really an urgent medical need.

Nobody likes having them. But they're not dangerous. Stock rallied to 53, data looks great. Faded, okay, whatever.

SPEAKER_3 (3:59)

Breaking news.

Martin (4:04)

And then it dropped.

And now a rally back to flat. This is one of the craziest charts I've seen. It looks like a cardiovascular chart. Yeah, I wonder if Viking is more or less cooked.

SPEAKER_3 (4:16)

Breaking news, Fed's Tom's, a slightly tighter federal funds rate, would help ensure Infem continues to fall back to the target.

Martin (4:22)

SKHY, not SKYH. Wait, Keith is of 85k? Yes, sir. If I had known that, I would have said this long without a pit. If I would have, I could have, I should have.