3rd February 2025

**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 31st Jan 2025)

**Daily Brief:** 

I’m never a fan of regurgitating the consensus, we all know tariffs hit.

As far as I see this changes absolutely nothing for the China trade, nor the Genomics idea. In fact, in a round about way it supports it. Giving Mexico much high tariffs whilst China remains the manufacturing powerhouse of the world is a pretty wild move yet unsurprising. Nobody wants to lose access to Chinas middle class consumers and nobody can manufacturer on a scale that can. Pretty simple really.

So I’ll be taking the day off to focus elsewhere whilst I let this volatility and noise subside. Ideally big tech & other over-crowded sectors head lower.

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