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$TSM +0.00% — what the base rate says

$TSM +0.00% — what the base rate says

It is Saturday morning, and some of you are staring at a frozen chart of Micron ($MU), trying to draw trendlines that predict the June 24 earnings. You've convinced yourselves that because the stock has surged 293% in 2026, a stock split is your ticket to easy wealth. The market is closed, but your dopamine receptors are still frantically bid-asking.

Amateurs spend their weekends looking for a magic oracle to confirm their biases on $MU or $AMD. Professionals spend today looking at their own track record.

Close the spreadsheet. Shut down the terminal and go read a manual that doesn't have chart candles.

What the data showed

  • $TSM +0.00% Taiwan Semiconductor Manufacturing Company Limited mcap $2396.8B · float 5.2B shares · sector: Semiconductors & Related Devices
  • $ABT +0.00% Abbott Laboratories mcap $154.0B · float 1.7B shares · sector: PHARMACEUTICAL PREPARATIONS
  • $XLE +0.00% State Street Energy Select Sector SPDR ETF
  • $USO +0.00% United States Oil Fund LP ETF float 16M shares · sector: COMMODITY CONTRACTS BROKERS & DEALERS
  • $MU +0.00% Micron Technology, Inc. mcap $1278.8B · float 1.1B shares · sector: SEMICONDUCTORS & RELATED DEVICES
  • $IT +0.00% Gartner, Inc. mcap $8.5B · float 68M shares · sector: SERVICES-MANAGEMENT SERVICES
  • $AMD +0.00% Advanced Micro Devices, Inc. mcap $876.2B · float 1.6B shares · sector: SEMICONDUCTORS & RELATED DEVICES
  • $XOM +0.00% Exxon Mobil Corporation mcap $571.2B · float 4.1B shares · sector: PETROLEUM REFINING
  • $BA +0.00% The Boeing Company mcap $175.6B · float 788M shares · sector: AIRCRAFT
  • $LHX +0.00% L3Harris Technologies, Inc. mcap $54.9B · float 186M shares · sector: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS

Don't guess how highly extended tech names behave before major earnings prints. Run the historical performance of similar valuation gaps on FILTRIX.net to see the actual probability of a post-earnings fade. Discipline > FOMO

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