Daily Alpha · Substack
· Premarket Alpha · by Buzzberg Research
Tae Kim argued the market is misreading the Texas election, Gaetano flagged AAOI's delayed ramp, and Noah Smith called the Democratic wave fragile.
Tae Kim says Texas Gov.-elect Gina Hinojosa supports data-center construction and the market is misreading the election
The post says Hinojosa is not Bernie Sanders and supports data-center construction, that the market is misreading the election, and that investors lost their nerve on Thursday; its headline says buy the dip.
It argues the market is misreading the election.
Source →Gaetano: AAOI delays its big ramp
The post covers AAOI's delayed big ramp, along with thoughts on INDI, AKAM and INOD.
Source →Noah Smith: Democrats won the biggest midterm wave in half a century, but it was a fragile revolt
Smith argues the wave was a fragile center-left, anti-Trump revolt that will not become durable power unless Democrats adopt a liberal-nationalist ethos and a pragmatic policy program, comparing it to 1974 and 1976.
The piece points to possible policy tailwinds for Abundance-style permitting, housing and energy supply.
Source →