$Roundhill Memory ETF(DRAM)$  It's almost making up for the rough stretch last month. My calls are up 86%. I've set a trailing stop. I'm just going to relax, have a drink, and watch how this plays out.

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Semiconductor ETF(SOXX)$ $NEBIUS(NBIS)$ $Roundhill Memory ETF(DRAM)$ Bears, let me holler at you!

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Semiconductor ETF(SOXX)$ $NEBIUS(NBIS)$ $Roundhill Memory ETF(DRAM)$ Some are watching to see if the price can hold above this level.

$Roundhill Memory ETF(DRAM)$ The price action over the last month is perhaps the worst I've observed in any sector over a one-month span. Meanwhile, the earnings over the past year are likely the best I've seen in any sector at any point. There's a narrative that future earnings might evaporate, but the CEOs of memory companies are stating demand will outpace supply for the foreseeable future. This upcoming earnings season should be interesting. I think it will become clear that memory is in the driver's seat for the next five years, and we could see all-time highs.

$Invesco QQQ(QQQ)$ Some of the moves we're seeing are just top-tier market antics, honestly. I'm not seeing any real problem in the markets right now. And it's not about Iran, oil, or some perceived AI weakness—there's zero weakness in AI. Multiple earnings reports have confirmed that. The big tech names are still in heavy spending mode, which says a lot. I'm not selling $Roundhill Memory ETF(DRAM)$ , $Corgi Lithography & Semiconductor Photonics ETF(EUV)$ , or NASA.

$Roundhill Memory ETF(DRAM)$  $Micron Technology(MU)$ It's interesting how your mind works when you're watching a falling knife. You start hoping $60 holds, then you convince yourself it's okay as long as it stays above $58, then you're sure $55 is the floor. Next, you start thinking about selling if it hits $53. Before you know it, you're down 20%+ with the price at $50, and the whole cycle just starts over. The memory shortage situation isn't going away. Record profits are likely to continue. I think we could see new highs before too long.

$Taiwan Semiconductor Manufacturing(TSM)$ It's a bit of a strange period right now. Nearly all chip stocks are reporting absolutely outstanding growth and record-level profits that you almost never see in other sectors, yet the market seems to be rewarding that achievement with a -4.5% drop? That's quite something. Congrats to TSM on the great results. I think the reward will eventually come once the market stops playing these manipulation games. $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Micron Technology(MU)$  $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ 

$Roundhill Memory ETF(DRAM)$ Chip stocks have been up and down on alternating days. I don't see a reason why they won't recover today's losses with gains in the next session.

$Roundhill Memory ETF(DRAM)$  It's surprising to me that $Micron Technology(MU)$  hasn't hit a new high yet, especially after the earnings were absolutely crushed and the outlook provided was bullish. That's the main reason I'm still bullish on it and view the current move as a temporary pullback, at least until we see those new highs.

$Roundhill Memory ETF(DRAM)$ I'd like to see it get back over $70 soon.

$Roundhill Memory ETF(DRAM)$ The Kospi is gaining, and an upward cycle looks possible.

$Roundhill Memory ETF(DRAM)$ Learned my lesson. I sold calls on 40% of my position. The strikes are $70 by next week, $75 the week after, $80 for three weeks from now, and then $85 in four weeks. If they get assigned, I'd be happy. My cost basis is $62 per share. The plan is, for every 10% the price rises, I'll sell calls on an additional 20% of my position. It's essentially the same as laddering sell orders, but with the added premium. The volatility makes it possible for the price to move past a strike and then fall back below it before expiration, avoiding assignment.

$Roundhill Memory ETF(DRAM)$ If it breaks through that resistance, the move up could be significant.

$Taiwan Semiconductor Manufacturing(TSM)$ That recent performance is incredibly strong. The company just reported record quarterly revenue, driven by AI chip demand. The recent drop isn't because the business suddenly got worse. The entire semiconductor sector sold off. Memory companies like SK Hynix, Micron, AMD, and others also fell as investors considered concerns about AI spending, geopolitics, and took profits after a huge run. TSMC is my favorite in the space. It's the world's leading advanced chip manufacturer and benefits from nearly every major AI company, including NVIDIA, Apple, AMD, and Broadcom. I'm adding to my position here.

$Roundhill Memory ETF(DRAM)$  Bullish divergence forming

$Roundhill Memory ETF(DRAM)$ It's had a phenomenal year, though ups and downs are part of the game. We're at a key range now, and fundamentally, there's no sign the industry is slowing. Memory chip demand keeps rising, and AI is still a major driver. The leading companies in the space are unchanged. From where I stand, it looks solid in the 50s. Sometimes you have to step back and look at the bigger picture.

$Roundhill Memory ETF(DRAM)$ It's been a bit of a ride, but I'm averaging down and staying in.

$Roundhill Memory ETF(DRAM)$ Fund flows bullish divergence

$Roundhill Memory ETF(DRAM)$ The market seems to be a ball of anxiety right now. In times like these, experienced investors often just wait for their original thesis to play out. A typical peak in the memory sector might be when supply finally catches up and prices begin to fall. However, the opposite seems to be happening at the moment. ASML reports earnings on Wednesday.

$Roundhill Memory ETF(DRAM)$ I don't think this will stay down for long. If I had to guess, I'd say we could see a green day soon.