The long-awaited Consumer Price Index (CPI) has been released. While the CPI was expected to rise from 3.3 last month to 3.7 this month, it actually came out at 3.8.
Core inflation was also expected to rise from 2.2 to 0.7, but it came out slightly higher at 2.8.
Ahead of his meeting with Chinese President Xi Jinping this Friday, Trump pressured Iran by stating he could use tactics to strike the country in order to put strong pressure on Iran. He even disclosed the location of a U.S. nuclear submarine, revealing a position capable of striking targets across Iran.
The yield on U.S. 10-year Treasuries rose to 4.6%, and the yield on U.S. 30-year Treasuries rose to 4.99. WTI crude oil prices also increased to $102.38. Rising oil prices are raising concerns that inflation will increase.
The Fear and Greed Index remains stagnant at 66. As stock prices fell due to news of the Samsung strike, Sandisk dropped 6% and Micron's stock fell 3.4%. Since most semiconductor stocks are positioned above their 5-day moving averages, it appears the trend is still alive.
A DRAM ETF that has been listed for just one month has already recorded a market capitalization of $6.5 billion, becoming the fastest-growing ETF in the shortest period. Funds are flooding in as it is recognized as an easy way to purchase shares of Samsung Electronics and SK Hynix, which are listed in Korea, in the US market.
The DRAM ETF holds 75% of the holdings in Samsung Electronics, SK Hynix, and Micron, while a total of nine stocks, including Sandisk and Kioxia, are concentrated within it.
The Nasdaq index remains stagnant; as software stocks decline while semiconductor stocks rise, the overall trend is flat.
Today, I plan to buy one share of DRAM to celebrate the slight dip in memory stocks for the first time in a while. It has already risen by 89% in just one month—that's surprising.
I also plan to purchase one share of AIPO, an AI power infrastructure ETF, for the first time in a while.
Regarding DRAM, I intend to evaluate its P/E ratio around July. If indicators suggest a correction between August and December, I plan to take profits on a portion of my holdings and purchase other safe assets to align with my asset allocation ratio.
I intend to hold AIPO for the long term, as the construction of the AI Data Center is still ongoing. It currently accounts for 5% of my total pension assets, but I plan to increase this to 10% and contribute monthly.
Please be sure to read the asset allocation rules and the Golden Cross and Dead Cross investment methods below to build a secure pension portfolio.
