Investments | Mechanical Engineer
Fort Lauderdale, FL
Joined December 2018
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lukedonay retweeted
BURIED IN APPLE'S $AAPL BALANCE SHEET IS A NUMBER THAT SHOWS HOW SERIOUSLY IT'S TAKING THE MEMORY CHIP SHORTAGE
Inventories almost never move at Apple. Tim Cook built his career on keeping them near zero.
They nearly doubled from $5.7B in September to $11.1B in June.
Apple is stockpiling components ahead of the AI-driven memory crunch, the same shortage that already forced it to raise iPad and MacBook prices.
When the most efficient supply chain operator on earth starts hoarding parts, that tells you what it expects prices to do next.
lukedonay retweeted
US CREDIT MOMENTUM WILL BE TEMPERED BY RATE UNCERTAINTY - FITCH RATINGS fitchratings.com/research/ba…
lukedonay retweeted
Plenty of indicators out there that show cooling labor costs. Unfortunately, the best one, the Employment Cost Index is not one of them. In Q1, the ECI Compensation Index unexpectedly accelerated to 1.2% SAAR from 0.9% in Q4 2023. This was the fastest quarterly pace since Q3 2022
lukedonay retweeted
TSLA: "We have updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the second half of 2025. These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms, and will be able to be produced on the same manufacturing lines as our current vehicle line-up."
lukedonay retweeted
With a growing list of failed breakouts in various indexes, energy continues to stand out as a sector leader
Here's $XLE digging in and flipping resistance into support at a shelf of old highs
lukedonay retweeted
Two secondary charts I keep self aware of during pullbacks....%20R, %50R....20R is into the 15%ish level that can lead to relief rallies (NAMO also -62) but I pay more attention to %50R from swing/holding perspective and the 10-20% area best spot. I don't see any patterns I would want to buy and hold at present. Can change quickly but planning to be patient.
lukedonay retweeted
$QQQ Explains the more difficult trading that we have been seeing.
Basically sideways in a range for the past 2 months and now the 10/20-day are sloping down and price is below.
The best swing trading environments and "easy" money trading occurs when the Nasdaq is trending above the 10/20-day and the 10 is above the 20-day.
lukedonay retweeted
You don’t own enough $CRB
lukedonay retweeted
Single-family vs. Multi-family construction 📈📉
Single-family permits are rising, which will support a continued increase in single-family construction.
Multi-family permits are still trending sharply lower, so multi-units under construction have more room to fall.
lukedonay retweeted
The Nasdaq Composite market has had 3 consecutive days of Net Lows despite indexes sitting near all-time highs (Red bars below chart). It has also undergone a spat of increased volume on down days and light volume on up days. The action is typical of a top (See 2021 chart below), and I'm looking for this to change before I deploy capital again.
This week's FOMC decision and comments will be important in setting the stage for the market's next steps. $QQQ $NVDA
Nasdaq red flag. First time I remember seeing 3 days of net lows as the index hits fresh highs. Watch exposure levels and have stops prepared. Net lows in lower panel. Red background shows an unhealthy market. carusoinsights.com
