**Current Themes on Watch**
AI Biotech (ARKG, RXRX, PRME etc) Past couple of days we’re starting to see signs of life, mainly in NTLA & PRME with both flipping back into a daily uptrend (for now). RXRX continues to be the momentum leader and a position in all 3 mentioned is my favourite way to play this potential theme.
Robotics (OUST, SYM, TESLA, SERV etc) Wildly aggressive moves in SERV particularly and OUST ARBE etc. ARBE news of a partnership with NVDA really sped up the breakout. I’ve had to add INDI to the list after realising their already huge supply chain and capabilities in competing with almost every name.
Energy (XLE, Natural Gas, Coal, Oil, Plug) Once again Natural Gas remains the leader and once again EQT sees aggressive put selling and call buyers. Huge weekly/monthly level here for a potentially large breakout.
Battery Tech – We’re seeing aggressive buyers step in for anything battery like QS, FREYR etc. Given the move in energy and the obvious demand increase (see above) energy storage plays a critical role in keeping things online. TSLA and FLNC dominate this.
**Names on watch for new entry or add (dependant on market)**
$FLNC against $17.50, $EH against $16, RXRX against $7.60
**Names currently flagged:**
RXRX, RIME, ABAT, CXAI, VSAT, TPIC, TEM, NVTS, RZLV, PATH, SYM, EH,
** Daily Brief**
SOUN, PLTR, RKLB, TSLA and hundreds more all round tripped today, the gap up and pop for the most part was heavily sold into. The names with the most strength are those with no revenue, likely require large future dilution and some are just out-right scams.
This has me questioning wether these moves are a big squeeze, if so what happens next? Nothing goes up forever, so what happens when a true pullback takes place. Literally nobody in the discord or my feed has mentioned a “short” in some time. Even though names are trading 200 years into the future, pretty wild.
I would like to see some new themes/sectors emerge whilst the current ones pullback. If this happens it’s likely we still have a healthy market and can continue to trade aggressively.
PRME, NTLA, RXRX and a few more seem to be catching a small bid since the new year started. It means nothing yet and they need to reclaim their weekly uptrends before size is added, yet it’s good to see.
Following on from yesterdays watchlist, I’ve had more time to look into some of the setups mentioned and a few of the names shortlisted. INDI seems to have all angles covered and I could see this emerging as a leader in its sector. When you compare it to the other names, it’s price has held incredibly well since it’s Spac/IPO. Leading me to believe this entire time the market has somewhat favoured the prospects of said name. Right now I just have some shares for a little exposure, I’ll increase this if buyers begin to properly step in and average up.
China tariff news & trumps tweets are back to moving the markets, lovely price action pre-market until trump stated the reduction in tariffs was not true. Maybe the media was not meant to release the details so soon. Whilst I strongly believe the tariffs will be nowhere near as bad as trump and the media would have you believe, it also makes little difference to the China thesis. China is working and building relationships with Latin America, Asia and just about everybody else par the USA. If anything, the USA forcing themselves out of the largest middle class market in the world is by all means a bad move.
OKLO SMR etc continue from Fridays aggressive bid, these are too far In the cycle and too expensive here for me to get involved.
IWM attempted to reclaim its daily uptrend and again failed, along with XBI.
The market would have you believe it’s stronger than it is if your full focus is on the high flyers, for the most part we’ve seen distribution since November.
$EH -The leader in EVOLs when compared to US equivalents, 56,000 flights fully autonomous, already delivered to multiple customers and one of the strongest setups in China. It’s also aggressively hated, with multiple short seller reports against it which just adds fuel to the fire. It’s not something I would buy in shares (to limit downside risk) but if it gets moving a 1-2x move is very possible and the options are relatively cheap at the moment because its “CHinaaaaa”. Trades at 1/5 of inferior USA equivalents like JOBY & ACHR.
Aside from that I can’t see a lot else to add to yesterdays post. Will see how the market develops today, keep and eye on Quantum Computing, Evols, Robotics etc. As these begin to run out of steam we must remain far more cautious.
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