[Daily Digest 11/11] Nvidia Shock Part 2… Yet, Weak Yen x Stock Price Rise

Good morning!
This is Jazzy K, and my throat is still a little sore 🤧

Surprising news again this morning.
It has been reported that Nvidia CEO Jensen Huang also had an affair with a company executive.

……What are you doing! 😇

Moreover, there are even reports that the board of directors is preparing to dismiss the CEO, causing the stock price to plummet by about 8% in after-hours trading 😱
(The dismissal is still at the reporting stage and is not an official decision)

Meanwhile, US stocks rebounded energetically on Wednesday 👇

S&P 500 +1.31%
Nasdaq Composite +1.60%
Dow +0.49%

In the midst of this, my portfolio is +2.04% (+8.72 million) 🙌

Yesterday I was only saved by the weak yen, but today it’s the double effect of a “weak yen x rising stock prices.” I’m simply happy with 2%.

The movements of my main holdings are like this 👇

GOOGL+GOOG +2.68%/+2.43% (Total +$20,839)
AAPL +2.24% (+$14,022)
KO +1.12% (+$1,864)
MA +0.65% (+$1,610)
V +0.82% (+$1,541)
MSFT -2.19% (-$1,800)

Apple hit an all-time high, with a market capitalization of about $5.16 trillion 🍎
No matter how chaotic AI gets, the God Five keep working quietly.

■ Best & Worst

Today’s MVP is SOXL: +10.38% 🏆

It’s a rocket when it goes up 🚀
However, since Nvidia is plummeting in after-hours trading, tomorrow will probably be a reverse thruster… 💦
Leveraged ETFs are “3x on both up and down days.” They are strictly for my satellite allocation.

2nd place is ARM: +9.21%

ARM is truly amazing on days when semiconductors rise.
The continued volatility is likely a reflection of the high expectations 🤔

The biggest drop is NVDA: -6.02% 😱

I’d like to say no comment… but just one thing.
Yahoo! Finance reflects after-hours price movements, so it ended up in the worst category.
During the day, it had rebounded by +2.87%.
Everything was blown away by the news after the close 🫠

The second worst is OSCR: -4.60%

Just when I thought I had recovered with +3.55% last time, this happens again.
The Peter Thiel stock is on a rollercoaster ride again today 🎢

■ Today’s Useful News
Did the ‘AI sentiment’ change in a single day due to CoreWeave’s earnings? 🤖

I also thought, ‘Can it really change that much in one day?’, so I looked into the details.

CoreWeave (CRWV) is a company that holds a massive amount of AI semiconductors and rents them out to businesses.
They are a new type of cloud provider called a ‘Neo-Cloud’.

The earnings looked like this 👇

・Revenue: +168% year-over-year (approx. $3.7 billion)
・Full-year revenue forecast: $13.0–13.3 billion (exceeding the market expectation of approx. $12.86 billion)
・Stock price: A sharp rise of over +20%

The key point is that a sense of relief spread, confirming that ‘investment in AI is still properly continuing’.
Thanks to that, semiconductor stocks like Micron (+11.9%) saw double-digit gains across the board.

However, interestingly enough…
MSFT, AMZN, and META are falling instead.

If we compare this to the Gold Rush 👇

・People selling pickaxes (=semiconductors/AI infrastructure) → Bought because ‘they’re still selling!’
・People buying pickaxes (=hyperscalers) → Sold because ‘aren’t they spending too much money?’

Recently, this has become a seesaw market where these two roles swap places daily ⚖️

📌 What we can learn from this

・A single company’s strong earnings can change the ‘sentiment’ of the entire industry in an instant
・But sentiment is fickle. It’s common for it to flip the very next day
・Holding both the ‘makers’ and the ‘payers’ can soften the swings of the seesaw
・The next reality check is the Nvidia earnings on 11/17

■ Today’s Monologue

I want things to rise steadily toward the year-end rally, but the market is really experiencing wild fluctuations.

I think Nvidia is currently in a state where ‘company value’ and ‘CEO narrative’ are being traded all mixed together.
What you should look at in the earnings is whether data center revenue is growing. It won’t be too late to wait for the board of directors’ conclusions regarding management’s statements.

Don’t get swayed by every little thing; buy when a high-quality company reaches an appropriate stock price.
What I do remains unchanged today.

I haven’t sold anything. Just keep buying.

If you liked this, I’d be happy if you supported me with a ‘Like’♡ or a follow.
Thank you again for reading through the screen today!

👉 Also updating loosely every day on X (@investor_jazzyK)
https://x.com/investor_jazzyK

US Stock Indices

S&P 500: 7,619.38 (+1.31%)
Nasdaq Composite: 25,466.19 (+1.60%)
Dow: 52,486.49 (+0.49%)

US Treasury Yields *Bond market closed on 11/11 for Veterans Day (11/10 values)
2-Year: 4.73%
10-Year: 4.98%
30-Year: 5.35%

Commodities & Forex
WTI Crude Oil: 87
USD/JPY: 159.85
Gold: 3,974
BTC: 73,950
VIX: 17.49
Fear & Greed Index: 37 (Fear: 😇)

#USStocks #LongTermInvesting #FIRE #AssetManagement #DailyReport #JazzyK #GodFive #NVDA #SOXL #ARM #OSCR #CoreWeave #AISemiconductors #YenDepreciation #JustKeepBuying #USStockBeginner