@tiernanraytech

Each week I do a podcast to put together various things in a way that makes sense to me, and, I hope, to investors. One of the functions of the podcast is to reflect on what is and is not working. There’s a lot to cover when the entire TL20 group of stocks collapses by four percent in a week, with names such as Micron Technology hit hard. My sense is none of the concerns that pushed down these stocks last week are fatal to the positive outlook for the companies. The TL Podcast for March 29th: Gains erased in a week The TL20 gives up all gains for the year, as multiple worries about the AI trade hit hard the shares of Micron Technology, for example. I argue these risks are not fatal. At least the TL20 is still doing a lot better than Nasdaq and the S&P 500. thetechnologyletter.com Or catch it on Apple Podcasts: bit.ly/40HBLJg $MU $SNDK $KLAC $LRCX

→ View original post on X — @tiernanraytech, 2026-03-30 13:20 UTC

In an expensive market, we get to nit-picking about what’s really expensive and what’s not… KLA, Lam are pricey for a reason Sometimes the Street ponders why one type of company’s stock is doing better than another. At the moment, the semiconductor stocks are showing the disparity the most, with Nvidia trading below historical valuation and KLA and Lam trading above. As to why, it’s pretty simple: bet on the arms merchants. thetechnologyletter.com $KLAC $LRCX $NVDA

→ View original post on X — @tiernanraytech, 2026-03-25 13:47 UTC