Only Silver lining to last nights ⚽️ exit is Hapless Hopeless Starmer slips away quietly and on time! Then again Andy Burnhams sit down with Political heavyweight Gary Lineker?!! Was really grim…
3 THINGS HERE:
MARKETS/ HUGE SUCCESS WITH LLY/ATAI “takeout” +64%./ MEMORY WEAKNESS: Nutstuff added DRAMA Shorts 2 weeks ago and RE-iteration. ( and yes I still do own ASML!)
1. MKTS: Markets increasingly feel like www.nutstuff.co.uk SUBSCRIBE if you dont already! standing in front of a liquidity firehose while still staring nervously at yesterday’s headlines. Consensus positioning feels deliciously wrong. Its very clear what IS now working. Yes pockets of Digital assets ARE waking up here finally ( more in Nutstuff tomorrow) It is however NOT Memory which is still the thing everyone blabbers on about. Yes, Memory has entered what feels To me like a bear market, Nutstuff has repeatedly said WTFU to the China factor! Chinese DRAM competition will intensify: ChangXin Memory is now the world’s 4th-largest producer, Apple is testing its chips for devices sold in China, and Nio has taken a stake. Nutstuff happy to repeat call of 2 weeks ago: Vocally said Short/ avoid MU & SNDK and Koreans. That call stands!
2. HUGE RESULT 🚀 Big success for NUTSTUFF PORTFOLIO if this deal announced overnight goes through. Eli LLY BID FOR ATAI US! +64%! Their move for AtaiBeckley is another reminder that my long-held neuropsychiatry thesis is steadily moving into the mainstream. Nutstuff owns Lilly alongside the picks-and-shovels winners *** and manufacturers distribution and innovators such as *** Only Silvecanabis psychedelics, peptides and precision neuroscience are no longer niche themes. More tomorrow.
3. MARKETS/ HUGE SUCCESS WITH LLY/ATAI “takeout” +64%./ MEMORY WEAKNESS: Nutstuff added DRAMA Shorts 2 weeks ago and RE-iteration. ( and yes I still do own ASML!)
More tomorrow…
www.nutstuff.co.uk SUBSCRIBE if you dont already!
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