Michael Sikand

Michael Sikand

@michaelsikand

May 26, 2026, 15:32 UTC

Congrats to the 730+ investors following my "Memory Supercycle" portfolio on @joinautopilot with $5.3M. $MU surpassed $1T in market cap today. The port is up ~11% this morning. $MU $SNDK $EWY $WDC $STX t.co/eIi9MvFNKv

Michael Sikand

@michaelsikand

Jul 13, 2026, 19:58 UTC

There's a problem with memory. I'm a memory bull and think a strong concentration is critical for any AI portfolio. But I do think the market's obsession around it is overblown compared to where we're at R/R wise with $1T market caps across the board. What irks me about the current market is that everyone just gets fixated on one theme at a time. Right now, that's memory. If memory is down, "it's over". If memory is up, there is exuberance about the future. Memory stocks should not be the sentiment leader. This is a highly controversial trade and therefore it is extremely volatile and sensitive to every little piece of information, wreaking havoc on the tape. At current PE's these co's are sitting somewhere in between being seen as a cyclical and being not. I don't see why it needs to dictate how we feel about the AI complex. If memory really is cyclical and supply can catch up in 27-28, guess what it has NO impact on the long term potential of AI. In fact, cheaper memory is extremely bullish for the AI industry, robotics, wearables, consumer? If memory gets crushed, it's a bubble inside a bubble, other AI names that are secular will continue to scale as this technology grows in impact and TAM. It's possible memory names can double again from here in the short/near term and get treated like structural companies in the future of tech at 15-20x PE ratios. This would be like equivalent of oil with the arrival of automobile ---> commodity producing oil companies trade at secular multiples ever since. But is a double really that interesting? I don't think there's asymmetrical upside here worth gambling your life over for the R/R on memory at these levels. I've even heard reports of suicides in Korea after a 30% drawdown, not sure if that's true but again the set ups here with market caps at $1T just aren't worth it for extreme concentration? Again, I'm bullish and think memory is the mother of all bottlenecks - a really important piece of every AI portfolio and I'm long at these levels SNDK, MU etc. But the obsession around it is certainly overblown. $SNDK $MU $STX $WDC $EWY

Michael Sikand

@michaelsikand

Jul 16, 2026, 20:17 UTC

Dropped $100K into the market here into a fresh "I bought the dip" account. Risk reward looks fantastic to just go long a big list of my favorite stocks, some down 30-50%. I see no reason to concentrate this capital when there's this many deals across themes. Indexes are holding up well, the AI buildout is accelerating, earnings are coming up, and economic data is relatively strong. This looks like a generational retail shakeout, where leverage is just getting unwound, and sentiment is driving not facts and data. I feel like we might be towards the back end of this high beta rinse. But of course my timing could be wrong. Things could fall further on Iran escalation which of course has a knock on effect with interest rates, which could certainly mean major pain ahead. Adding to each of my 6 @joinautopilot portfolios equally and then to my favorite international stocks, other picks, and microcaps not reflected there. Memory Supercycle ($14,286): $MU 5.78% $SNDK 5.13% $EWY 2.25% blockstack:native 0.59% $WDC 0.53% Photonics Is Next ($14,286): $LITE 2.32% $COHR 1.99% $AAOI 1.95% $TSEM 1.78% $CIEN 1.46% $VIAV 1.39% $GLW 1.29% $AEHR 0.92% $MRVL 0.60% $AXTI 0.57% Asymmetrical Bets ($14,286): $AAOI 3.38% $NBIS 3.36% $MAGS 2.74% $SONY 2.64% $APP 2.17% AI Factories ($14,286): $NBIS 4.14% $CRWV 2.18% $CLSK 1.47% $HUT 1.30% $BRUN 1.16% $SHAZ 1.15% $CORZ 0.74% $WULF 0.72% $GLXY 0.72% $APLD 0.71% Space Economy ($14,286): $RKLB 2.86% $ASTS 2.52% $SPCX 2.34% $MDA 1.93% $FLY 1.67% $BKSY 1.52% $LUNR 1.46% Modern Warfare ($14,286): $AVAV 5.33% $AVEX 3.92% $KTOS 2.61% $LASR 1.56% $ONDS 0.87% Other Bets ($14,286): KRKNF 1.02% LPTH 1.02% QCOM 1.02% ORCL 1.02% BE 1.02% NOK 1.02% OPTX 1.02% RDDT 1.02% LTRX 1.02% OUST 1.02% CCXI 1.02% SECZ 1.02% CRCL 1.02% ERII 1.02% This is NOT financial advice. I am not a licensed investment advisor. Do your own research and consult a licensed professional before investing. All investing involves risk, including loss of principal.

Michael Sikand

@michaelsikand

Jul 30, 2026, 14:34 UTC

@citrini Yes he was in trouble. Just sold everything.