Original Viewpoint Roundup

📈 Equity Momentum & Market Positioning

• NBIS +4.5%, SOFI +4%, MU +4%, ZETA +4%, PLTR +3%, MSFT +2%, NVDA +2% in overnight trading. The key read-through: bearish calls like PLTR only worth 30, SOFI back to 10, Microsoft is old, and NVIDIA is old have become classic missed-the-move narratives. Without a thesis reset, the same crowd keeps getting left behind. 1

• $AKAM has a clean watchlist setup. The stock is forming a healthy post-PEG consolidation over the last 2 weeks, volume patterns are improving, and the chart looks ready to attack new highs again. Upside targets: $175 and $185. 2

🧠 Investment Framework & Trading Psychology

• Fundamentals stay at the center. If the fundamentals are weak, hype from any public figure is not enough to make the setup interesting. Politics should not be mixed into investing. But if Trump talks up an existing holding, that can still be accepted as a useful news catalyst. 3

• Buying back around 7400 yen after selling in the 4000+ range is not necessarily a psychological problem. The trade logic matters more than anchoring to a previous exit price. No need to get trapped by “sold low, bought high” regret if the thesis has changed. 4

🤖 AI Hardware & Semiconductor Chain

• For GTC Taipei, the likely real alpha is not just N1/N1X. Watch for a Feynman update and CPO-related updates, especially around scale-up. That is where the next hardware narrative may get repriced. 5

• MLCC hype needs primary-source discipline. Before chasing moves in 6981 and 6976, the better workflow is to read Murata Manufacturing’s official industry materials first, rather than relying on scattered X posts. 6

📰 Single-Stock Catalyst Reading

• IBM’s overnight rally looks tied to a sentiment catalyst: an old December 10, 2025 White House business roundtable video resurfaced, where Trump praised IBM CEO Arvind. The move appears more catalyst-driven than purely fundamentals-driven. 7

🪙 Crypto Liquidity & Stablecoin Flows

• Stablecoin liquidity is showing a sharp drain. USDT issuance dropped $1.4B over the past two days and $2B from the past month’s high, while USDC issuance fell $2.6B over the same period. That implies roughly $4.6B in stablecoins exited the market over the past month. The open question: whether capital is leaving risk assets for a temporary event-driven use case, even jokingly framed as World Cup betting liquidity. 8