Hello Free Readers! Long time no talk.
As the post election gap came, I got very sick. And i’m not talking Trump derangement syndrome - which it’s very interesting that the intolerant left is running off to their own little safe space is it not?
Anyways, you could say catching a cold is just random because it’s flu season and it’s just a coincidence.
Alternatively - you could say this is what years of experience and true market mastery is - your body breaking down to sabotage the mind so your mind can’t sabotage your portfolio.
A headache so bad that you don’t even want to look at a screen as bitcoin breaks out of a multi year base is what true alignment is.
Of course all sorts of people profess market mastery - but as we all know true mastery starts with the self.
Don’t let the online trading FURUs fool you. True short term trading mastery is your mind, body and spirit being so aligned you have to take a shit in the first ten minutes of every trading session as the opening ranges develop.
No, that’s not a joke, that’s just a Kobe Bryant, Tom Brady level of dialed in.
Moving on clearly it is a big day for market content with Nvidia earnings tonight.
The stock is loitering near all time highs and is still trending up for now.
Meanwhile over the weekend they recycled old stories from the summer about Blackwell overheating issues.
Maybe it’s still a thing.
Or maybe desperate click whore are desperate click whores.
But to myopically focus on Nvidia at this moment kind of misses the general point here. The AI bubble is bubbling along and we want exposure to clouds, data centers, data lakes, AI agents etc.
‘AI agents’ Salesforce CRM has pulled back to the big breakout area.
Amazon AMZN has pulled back to the summer high making for a nice reference area
AI networking Marvell MRVL is just chilling after breaking to 52 week highs. What’s not to like vs 85 or so? That 95 high is a very notable all time high area as well
Astera Labs ALAB is more AI networking, basically levered to Blackwell so we’ll see if it can extend away from the IPO high.
‘Cloud Data Management Solutions’ Rubrik RBRK is another recent IPO just chilling and trending up (long)
Datadog DDOG is trying to burst this year to date consolidation higher
Industrial AI Samsara IOT - that’s right actual productivity enhancing software for the physical world is just chugging along, trending higher with a next target around 70.
There’s so much opportunity here that even bullshit AI looks good
C3 AI ripped out of this big wedge on news it has expanded their Microsoft partnership. Now the stock tests the 200 week moving average and some old resistance in the 33-35 area
Perhaps AI Insurance Lemonade LMND is a good framework as it stalled out at that 200 week moving average for a week before beasting yesterday. A similar scenario there could be a nice setup
Trade ‘em well