$ASML -day increase of about 8.5%, with the perpetual fee rate maintained slightly positive around 0.0001. From a military-geopolitical perspective, each time the narrative around supply-chain tensions heats up, the market first sells off risk appetite, and then reprices the non-substitutability of semiconductor equipment. This rally looks more like a preemptive stockpiling rush under the expectation of supply cutoffs rather than a genuine improvement on the demand side. The positive carry rate suggests that the bulls are still paying for their positions and sentiment has not yet cooled off. However, these catalysts are highly dependent on whether events actually materialize. If there is no confirmation of a substantial logistics disruption next week, the premium will quickly narrow.

Trading tag: #TradFi #链上美股 #ASML

Does Trump’s move bode well or poorly for ASML?