📈 Technical Setups & Watchlist

• $CRWD looks like a potential rotation setup. The stock pulled back cleanly on low volume after printing new all-time highs 2 weeks ago, and a green close could set up a move into next week. It also ranks #30 on the IBD Top 50 list. 1

• $IBM confirmed yesterday’s reversal with today’s gap-up. There is still a BIG ER gap overhead, but a move from 200ish to 225-230ish is on the table. 2

• $LEN and $DHI homebuilder charts are back on the homework list. The setup is not a trade yet, but the daily charts are starting to look interesting. 3

• Many daily charts still need to base. A ticker going on the homework list does not mean it becomes a watchlist name or an actual trade. Process > FOMO. 4

• A lot of daily charts are starting to look potentially constructive into the weekend, but confirmation is not there yet. The read can still change in the final hour. 5

🤖 AI Infrastructure & Model Economics

• Claude Opus 5 raises the bar for AI model economics. It is priced the same as Opus 4.8 while approaching Fable 5 frontier intelligence, which reinforces the loop: better models, lower prices, more demand, and tighter AI infrastructure capacity. 6

• Opus 5 beats Fable 5 on multiple metrics while costing only half as much. The AI price-performance curve is compressing fast. 7

• If the NVIDIA / Meta / Microsoft policy push lands, AI value could rotate away from pure foundation-model capability and toward compute, cloud, servers, data, distribution, cybersecurity, and enterprise workflow. Open-model diffusion should lift total AI usage for NVIDIA and infrastructure vendors, while model diversity strengthens Microsoft Azure as the platform layer. 8

🧠 Trading Process & Risk Discipline

• One good trade a day is often enough. B-grade setups are not worth the risk. Only A-grade setups that fit the playbook deserve capital; if there is no trade, there is no trade. Stay ready, don’t force it. 9

• $CIEN triggered the “no green-to-red” stop, but the trade still made OK money. Clean risk control kept the outcome positive. 10

• Selling $INTC after doubling the money avoided today’s almost 5% drawdown after Cramer’s blessing. Profit-taking beat headline chasing. 11

💎 Long-Term Investing Mindset

• Long-term investors should welcome broad drawdowns like the one seen over the past couple of weeks. Indiscriminate selling hits strong companies alongside weak ones, creating better entry points instead of just pain. 12