It Happened.
My new positions, the AI trade, a big opportunity brewing, leaders, the overall market, and more.
Things change fast don’t they?
Just one week ago the sky was falling and growth stocks were getting crushed.
Today we got the widely discussed follow through day, coined by Bill O’Neil.
Leopold Aschenbrenner being liquidated may have bottomed the market as all of his portfolio holdings have skyrocketed over the past few days.
Is it time to press the gas? Over the past few weeks I’ve been very cautious and avoided most of this drawdown.
I want to quickly mention that last Thursday, I put out an article here discussing why I thought it was finally time to start being more aggressive. Since then we’ve seen a major rally.
The Leopold Bottom has a nice ring to it…
Today I added some new exposure, putting two new positions on after doing almost nothing for weeks. I’m going to discuss those positions below.
And the positive feedback was immediate.
If you’re not already in the subscriber chat, I strongly suggest paying attention to it.
This is where I post all of my new trades as I enter them. I walk through the trade idea entirely including my thesis, risk level, cost basis, and more.
The subscriber chat is also where I post a daily thread with my thoughts on the day ahead, relevant headlines and macro events, my main focus names, notable upgrades and downgrades, and anything else I’m watching.
It’s basically become a live market group chat. We have a ton of smart people sharing ideas, setups, headlines, and observations throughout the day, and there’s a lot of genuine alpha in there.
I honestly believe it might be one of the most (if not the most active) subscriber chats on Substack.
Come join us!
In the remainder of this article, I’m going to discuss:
My two new positions + why I bought
A big opportunity in the AI space
The AI trade
The overall market
The macro landscape
Software
And more.
It appears that the market is heating up again, and the time to capitalize is near.