**Weekly Trend:**
**SPY:** :green_square: **QQQ:** Uptrend **XLE:** :green_square: **ARKG:** ::green_square: **IWM:** :green_square:
**Current Themes on Watch**
AI Biotech (ARKG, RXRX, PRME etc) Weekly Trend: :green_square:
Robotics (OUST, SYM, TESLA, SERV etc) Weekly Trend: :green_square:
Energy (XLE, Natural Gas, Coal, Oil, Plug) Weekly Trend: :small_red_triangle_down:
China (KWEB, BABA, JD, BIDU etc) Weekly Trend: :green_square:
**Names on watch for new entry or add (dependant on market)**
$ARKG (BEAM, NTLA, PRME, RXRX)
**Names added/removed from In Focus List**
None. (updated 10th Jan 2025)
**Daily Brief:**
China continues to climb and once again people start to chase; beautiful. Happy to sit through pullbacks and allow this whole idea to play out. Steel names pumping pre-market following trumps tariff news, these kind off erratic jumps and declines are expected over the next 4 years so get used too it 😂
Tesla, Apple, Symbotic etc all continue to head lower and for the most part there are very new setups I like here.
$ATAT – Attempting to start the week off strong, recent IPO with great growth numbers and strong weekly base. China names are moving so we may see less selling pressure on this attempted breakout.
$ARKG – Will the genomics sector ever break free? Still stuck in this huge weekly base with all pops being sold into. I’m sure you’re aware of my thesis behind this play by now, it’s just a matter of patience.
Some big earnings again this week, interested in FLNC, SMCI, GILD and MRNA..
I still remain in multiple positions with China really carrying the rest. There are quite a few B and C setups, yet those type of ideas just aren’t for me. Still waiting on some new fat pitch plays to crop up, until then sat patiently waiting. Remember, most of the time there is nothing to do. Profitable trading is a lot of sitting around and trying your best not to interfere.
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