📈 AI & Tech Sector Deep Dive

  • Micron ($MU)’s crazy 2026E EPS forecast of $46.50 (vs. historical best $11.51 in 2018) signals massive HBM growth driven by AI 1.
  • Market may be underestimating the real workloads driving this cycle, specifically in training, inference, and agent applications 2.
  • $GOOGL, $MSFT, $META, & $AMZN are set to outspend the entire US interstate highway system on AI infrastructure in 2026 3.
  • Cloudflare ($NET) crushed earnings with its largest RPO growth (+48% YoY) in over three years, proving its ability to monetize the control layer for agents in the AI economy 4.
  • Vistra ($VST) upgrade to “Buy” with a $203 target reflects the market underpricing future data center nuclear power contracts, despite a 25% pullback since September 2025 5.

💡 Market Strategy & Trading Wisdom

  • Trade the market on screens, don’t predict; control risk with stops, let price action guide decisions 6.
  • Stay humble in success, resilient in failure; honor stops, take profits, and avoid micromanaging winning trades 7.

📊 Individual Stock Plays & Commentary

  • Ross Stores stock performance is amazing, a moonshot like Walmart, despite personal disinterest in their products 8.
  • $SCHW bounced off the $97 level; watching for a move to $100 9.
  • Sitting out on $HOOD today after a ~30% bounce from its trough 10.
  • Closed $NOW position for a payday, now settling into full swing 11.
  • $AVGO trade closed; the name returns to watch status 12.
  • Robinhood ($HOOD) just reported its first sequential AUC decline in over two years, a dip from ~$89B to ~$87B since September 2023 13.
  • Despite a weaker quarter for $HOOD, the long-term thesis remains intact due to its positioning as the all-in-one financial platform for Millennials and Gen Z 14.
  • Took little money off $HOOD, currently not holding shares 15.

🌍 Macro Insights & Market Structure

  • China’s consumer confidence has collapsed to ~90 points, near record lows, remaining deeply pessimistic for 4 years after plunging ~40 points between 2021-2022 16.
  • Emerging Markets Ex-China is soaring, up 50% in the past year and over 13% in 2026, hitting new all-time highs 17.
  • Craving a healthy 5% pullback in $SPX 18.
  • Considering a short on diamonds and jewelers, as people might not propose to robots in this market 19.
  • Questioning the existence/need for an “ex-software ETF” 20.
  • SBF tweets a lot for someone in prison… 21.