**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: :green_square:
China (KWEB, BABA, JD, BIDU etc) Weekly Trend: :small_red_triangle_down:
**Names on watch for new entry or add (dependant on market)**
None
**Names added/removed from In Focus List**
None. (updated 22nd Jan 2025)
**Daily Brief:**
In a rapid change of events the leading sector yesterday was Ai biotech, the likes of ARKG, NTLA, PRME, CRSP, TEM, SDGR, BEAM, GH all pushing higher. In just 48 hours we’ve gone from noting to three potential catalysts.
- The announcement for $500bn of spending on Stargate, a huge supercomputer which and I quote “Could be powerful enough to find an cure diseases”.
- JFK Jr. is just about to take office, during recent podcasts he’s mentioned his support towards Gene editing stocks and focusing on a cure based healthcare system. The last filing reveals he invested in said Gene editing stocks.
- Nancy Pelosi announced her call options in Ai Biotech name Tempus Ai. Yet another vouch/vote for the sector, this alone move ARKG and a few others quite aggressively.
This all comes after the Quantum computer theme and what the sector could mean for biotech. The question is do “Ai Biotech” names now begin a theme and do we finally see the expected move. All the names are pivoting on the daily, so either way we have to take the entries. I already holding the names in my Fat Pitch account, will look to get trades on too.
ARKG chart testing that $27.12 for the Gazzillionth time, is this time different?
I don’t think people realise just how small the market cap of this sector has become, almost all of the top names are <$1bn in market cap. It’s not going to take a BIG theme to double or triple these.
China throwing out more promises of stimulus and support for the economy, they’re now holding a meeting today to suggest how they’ll attract more investment to their stock market. Apparently, they aim to increase practices that will meet USA standards. IF and it’s a big IF, this is found to be true, that’s a huge catalyst for the Chinese stock market.
For the rest of the week I remain focused on the ARKG sector and China, to see if that latest news creates enough momentum to finally get one or both of the sectors moving.
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