Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
1 selected
Loading...
0 selected
Loading...
0 selected
0 selected
All post types✓
Portfolio updates✓
Stock lists✓
Research✓
News✓
All Content✓
Source feeds
Buzzberg Top 50
✓
All market capsNo capitalization filter✓
200 B and aboveMega✓
10 B to 200 BLarge✓
2 B to 10 BMid✓
0 to 2 BSmall✓
Custom
Enter market cap range in B USD
All directions✓
▲ Long✓
▼ Short✓
⛔ Avoid✓
✂ Close✓
◦ Others✓
Any score✓
LOW+✓
MED+✓
HIGH✓
00:33
Sep 03
Sep 03
3PRO TV (삼프로TV)
55m
005930.KS
000660.KS
EWY
267260.KS
010120.KS
▾
HIGH
AI compute demand supports Samsung, Hynix.
Broadcom's earnings call offered a strong 2027-2028 outlook, Nvidia strengthened on AI backlog commentary, and Micron and SK hynix ADR recovered, implying AI GPU and compute demand is continuing. This should keep Samsung Electronics and SK hynix at the center of market strength, especially if foreign and program supply returns.
005930.KS LONG
000660.KS LONG
KOSPI rebound likely on supply reversal.
Ha Chang-wan views the KOSPI short-term direction as upward. The prior session saw heavy foreign and institutional selling, but he expects a supply reversal; even half of the prior outflows returning could erase most of the previous day's decline. Overnight KOSPI futures rose 1.4%, though the key is whether foreign and program buying returns strongly.
EWY LONG
AI data center power demand lifts infrastructure.
AI server demand is effectively AI data center power demand. US names such as Constellation Energy, Vistra, Oklo and NuScale were strong, and Korean power infrastructure names that were beaten down are rebounding. Sanil Electric has an aggressive target-price upgrade, and HD Hyundai Electric, LS Electric and Hyosung Heavy Industries are also doing well; a Sanil Electric breakout would improve sector sentiment further.
267260.KS LONG
010120.KS LONG
298040.KS LONG
CEG LONG
VST LONG
OKLO LONG
SMR LONG
LNG project fuels steel pipe momentum.
LNG project themes are driving steel, pipe and valve names including Shin Steel, Kumkang Steel, Sungkwang Bend, Taekwang, Bukuk Steel and KBI Dongyang Steel Pipe. The group is rising sharply and drawing fast short-term rotation, but the move is speculative and should be traded tactically rather than chased blindly.
Shin Steel WATCH
Kumkang Steel WATCH
108860 WATCH
Taekwang Industrial WATCH
Bukuk Steel WATCH
KBI Dongyang Steel Pipe WATCH
Broadcom ASIC demand lifts Korean substrate names.
Broadcom's ASIC-related strength should benefit substrate and PCB names such as Korea Circuit, Samsung Electro-Mechanics, Simmtech and Isu Petasys. Simmtech itself is in a higher-low uptrend, and if it breaks overhead supply, the upside would open significantly.
222800.KQ LONG
024110 LONG
009150.KS LONG
Isu Petasys LONG
Doosan benefits from CCL substrate recovery.
If the substrate market improves, Doosan benefits as a raw-material supplier for CCL. The stock has fallen significantly, so if it begins to rotate higher, the upside could open substantially.
000150.KS LONG
Alteogen tech export story supports upside.
Positive reports continue on Alteogen's ALT-B4 technology export story, with a large licensing-out scale around 4 trillion won, though assumptions need updating. The stock is building a base after a correction; it can be bought at box support with a tight stop or after a breakout of the prior high if investors believe the technology export thesis.
196170.KQ LONG
Korean banks benefit from buybacks, earnings.
Korean financials are improving because USD/KRW is falling, earnings expectations remain intact, and buyback and shareholder-return policy expectations are appearing in reports. KB Financial and Shinhan Financial are moving up consistently, though not in huge daily jumps, and are worth watching for continued grinding upside.
105560.KS LONG
055550.KS LONG
Daeduck socket story offers breakout setup.
Daeduck Electronics has exited its downtrend and is building a base. The semiconductor substrate and socket story is not bad because Nvidia socket efficiency expectations are growing. The setup is to buy near the early 100,000-won box support or on a breakout above the overhead line toward 140,000-150,000 won; a weekly and monthly basing breakout could produce a significant trend reversal.
353200.KS LONG
Korea Aerospace vulnerable; reduce on break.
Korea Aerospace is in a clear weekly downtrend with lower highs and lower lows and bearish moving-average alignment. If the key support or current box breaks, downside could open significantly toward the early 90,000-won area, so he recommends reducing positions on a break rather than holding fully.
047810.KS AVOID
HIGH
00:14
Sep 03
Sep 03
Thread Guy
1h
IBB
BTC
BNO
WEAT
HOOD
▾
HIGH
IBB daily chart looks bullish.
IBB's high-timeframe daily chart looks strong, and he calls it one of his favorite coins/charts, signaling a bullish setup in the biotechnology ETF.
IBB LONG
Bullish Bitcoin; must stay positioned.
Thread Guy says he is a bull on Bitcoin even though it is a weird spot, and that you have to be positioned in it. He earlier frames the crypto/onchain backdrop as mania led by the founder of the biggest retail exchange while Bitcoin pushes a key level and many panic that money will not return.
BTC LONG
Short Brent crude on bearish chart.
Brent crude oil is forming a bearish shoulder-neck-shoulder/head-and-shoulders top on the chart; he calls oil horrifying and says he is shorting Brent because it looks like it is about to break down.
BNO SHORT
Wheat rising on supply concerns.
Wheat is moving sharply on Black Sea supply concerns and El Nino weather risks, and he says he loves the move, which is a bullish agricultural commodity view.
WEAT LONG
Long Robinhood HOOD trade.
He says he likes the Robinhood trade and is bullish on HOOD; this follows his earlier market framing that Robinhood-listed coins and platform momentum are strong.
HOOD LONG
Watch AI onchain token's wild chart.
The onchain token AI has one of the craziest charts in a long time after what appears to be a $20 million clip purchase; he speculates the buyer could be Vlad/Robinhood using it as marketing spend before a listing, making it an extraordinary speculative setup to watch.
AI WATCH
Watch Farmmi memecoin short-squeeze setup.
Farmmi Inc (FAMI), a NASDAQ-listed mushroom agriculture penny stock, received a delisting warning and must hold a $1 bid for 10 days; an onchain memecoin tied to the stock has created a tokenized equity attention loop and short-squeeze attempt that 3xed/71% pumped the stock. He says it may get wild but the memecoin likely is a bundled rug, so it is a WATCH setup rather than a clean long.
FAMI WATCH
HIGH
00:08
Sep 03
Sep 03
CNBC
1h
SMH
AI capex buildout
SKYY 1ST
IGV FLIP
MTUM
▾
HIGH
Semis, hyperscalers, software can rally together.
Discrete AI buckets are fading, but within the AI buildout the three buckets of hyperscalers, semiconductors, and software can and should do well together rather than one area winning at the other's expense, even with more dispersion among individual names.
SMH LONG
SKYY LONG
IGV LONG
AI capex buildout still accelerating.
The market is still in an AI capex buildout phase that is accelerating and remains a huge secular driver of an earnings super cycle, so investors can remain broadly bullish on AI even though the market will keep reassessing winners and losers.
AI capex buildout LONG
AI momentum can unwind painfully fast.
The summer momentum unwind, especially painful in July and continuing into August, showed that even investors who are very bullish on AI need to be careful with position sizing and leverage because momentum and crowded positioning can reverse abruptly.
MTUM WATCH
Treasuries, gold, real estate, Europe diversify AI.
J.P. Morgan constructed an AI factor thematic basket and found that many assets now move together with the AI buildout, making true diversification difficult; the few return streams less tied to AI are Treasuries, gold, core real estate, and European equities.
TLT LONG
GLD LONG
XLRE LONG
VGK LONG
HIGH
00:05
Sep 03
Sep 03
EWY FLIP
KOSDAQ
NASDAQ Composite
009150.KS
034020.KS
▾
HIGH
Expect partial KOSPI rebound today
He attributes yesterday's slide partly to yen-carry-related Japanese selling and foreign outflows, but says the selling is now known and global yields have paused; he expects a rebound attempt today that recovers roughly half of yesterday's KOSPI decline, with premarket KOSPI and KOSDAQ quotes up around 1-2%, while cautioning that this is not a trend reversal.
EWY LONG
KOSDAQ LONG
Nasdaq resilient, likely wants higher
He says the Nasdaq daily chart is unusually resilient relative to current macro negatives, showing only a shallow pullback; because the U.S. election makes a sharp negative catalyst less likely to break out before then, he reads the market as wanting to move higher once conditions stabilize, though two-way volatility remains.
NASDAQ Composite LONG
Samsung Electro-Mechanics shows strong MLCC rebound
Samsung Electro-Mechanics is attracting attention because MLCC shortage narratives continue; despite a prior deep drawdown from about 240,000 won to 86,000 won, it is holding with relative strength and is now seen as the next interesting Korean semiconductor-related name after Samsung Electronics and SK Hynix, with a tendency to rally sharply when it moves.
009150.KS LONG
Buy strongest power/nuclear/battery leaders
When the market rebounds, the stocks that were strongest before the drop — nuclear, transformers/transmission, power equipment, and secondary-battery leaders including Samsung C&T, Doosan Enerbility, Samsung SDI, LS Electric, and Hyosung Heavy Industries — tend to move hardest; he advises staying in these strong leaders rather than laggards, because laggards fall hard and recover only a little.
034020.KS LONG
010120.KS LONG
298040.KS LONG
006400.KS LONG
028260.KS LONG
Samsung/SK Hynix dictate Korean market
Samsung Electronics and SK Hynix are the key market barometer: when they are stable, individual-stock rotation works, but when they weaken, the rest of the Korean market falls harder; their medium-term upside also hinges on whether the AI growth story succeeds, in which case he argues they would be much higher than today.
005930.KS WATCH
000660.KS WATCH
Japan yield rise pressures growth stocks
Japan's 10-year JGB yield rising above 3% weakens the incentive for Japanese banks and insurers to buy overseas bonds and equities, triggering yen-carry-related selling; if this pushes global long rates higher, it becomes a burden for AI tech and high-valuation growth stocks, though he does not expect uncontrolled blow-up before the U.S. election because the U.S. and Japan are coordinating.
AI tech/growth stocks WATCH
Visa stablecoin payment partnership is positive
The Dunamu-Visa partnership is significant because it joins Korean digital-asset technology with Visa's global payments network to build stablecoin payment and global remittance services; Korean banks are nearly ready as custodians and major platforms are preparing, so once regulation clears, likely next year, the stablecoin payment business can scale quickly.
V LONG
Packaging/glass substrate equipment leads rebound
Semiconductor packaging/glass-substrate equipment names were among the few strong groups during market weakness and are showing renewed strength as the market rebounds; he treats them as a leading pocket within Korean semiconductor equipment, though individual moves depend on company-specific news.
Korean semiconductor packaging equipment LONG
HIGH
00:02
Sep 03
Sep 03
CNBC
1h
PCG 1ST
▾
HIGH
PG&E value unlocks if wildfire reform passes
PG&E has already done the operational turnaround—reducing wildfire risk, lowering rates five times in two years, and improving reliability 30%—but the stock is held back by a fixable wildfire liability tail risk that raises debt costs and deters investors. A targeted legislative fix would allow PG&E to reach investment grade, restore the $2 billion capex cut, grow earnings 9%+ annually, continue dividend growth, and unlock value.
PCG LONG
HIGH
00:00
Sep 03
Sep 03
Brazilian leveraged corporate credit
Brazilian corporate credit spreads
▾
HIGH
Juros altos prolongados quebram empresas alavancadas.
O problema brasileiro não é principalmente o nível de alavancagem das empresas, mas o custo da dívida. Com o crédito livre PJ médio ao redor de 25% ao ano, uma empresa alavancada quatro vezes dívida líquida sobre geração de caixa operacional consome 100% dessa geração apenas com juros. Juros altos acima de 12% a 13% mantidos por muito tempo, sem previsibilidade de queda para abaixo de 10%, fazem cada vez mais empresas de diversos setores ficarem pelo caminho.
Brazilian leveraged corporate credit AVOID
Spreads de crédito subestimados podem explodir.
O principal risco no mercado de crédito é a subestimação dos spreads. Investidores sistematicamente subestimam o risco, mantendo spreads muito baixos até surgir um problema; quando aparece notícia negativa, o movimento vira pânico e os spreads abrem 500 a 1000 pontos-base. Esse nível de spreads parece subestimado e é o principal risco atual.
Brazilian corporate credit spreads WATCH
HIGH
23:55
Sep 02
Sep 02
CNBC
1h
Low-P/E stocks
High-P/E technology stocks
DELL
NVDA
MDB
▾
HIGH
Cheap low-P/E stocks beat expensive high-P/E stocks.
With the 30-year Treasury yielding 5.26% and limited new money entering stocks, big money managers are selling expensive high-P/E stocks as too risky and crowding into cheap low-P/E stocks; this explains the downside in high-growth technology, not a broken AI/data-center/momentum trade.
Low-P/E stocks LONG
High-P/E technology stocks SHORT
Dell is a cheap AI data-center winner.
Dell reported a great quarter, the stock trades below 20x earnings, and after the quarter Cramer says it could earn $25 per share; buyers are not fleeing the data center or tech broadly, they are fleeing high multiple tech, making Dell a low-multiple AI/data center winner and still a terrific stock to own even up 16%.
DELL LONG
Nvidia is cheap despite growth and fears.
Nvidia trades at 24x current earnings and about 14x next year's earnings despite phenomenal growth; Cramer vehemently disagrees with circular-financing bear arguments and says Nvidia's customers are making fortunes from its chips, so he prefers sticking with Nvidia.
NVDA LONG
MongoDB is too expensive; sell it.
MongoDB trades at almost 58x earnings and plunged 13.5% after a decent but not perfect quarter because it is too rich in a market where bond yields make expensive stocks too risky; Cramer says too rich equals sell.
MDB SHORT
ServiceNow is expensive versus Nvidia; avoid.
ServiceNow trades at 33.6x current earnings and 27x next-year earnings, much more expensive than Nvidia at 24x and 14x; in a rising-yield rotation out of high-multiple stocks, ServiceNow is unattractive relative to cheaper growth.
NOW AVOID
Corning likely falls more before re-entry.
Cramer sold Corning for the charitable trust to avoid turning a gain into a loss because Corning is a high-P/E stock vulnerable to the current multiple compression; he expects it to come down more before he gets back in, making it a near-term avoid and a watch for a lower re-entry.
GLW AVOID
Oracle can fall on data-center constraints.
Oracle's stock is hostage to data-center buildout loan/permit concerns; if anything indicates Oracle cannot build as many data centers as expected, the stock goes lower. Cramer prefers Nvidia and says Dell is still terrific, so Oracle is avoid.
ORCL AVOID
PG&E setup hinges on California liability reform.
PG&E has already reduced wildfire risk dramatically, lowered rates, improved reliability and has a pathway to investment grade, but the stock fell about 20% after California wildfire liability reform collapsed. A simple legislative fix or special session could unlock capital, restore $2B of capex, support 9%+ EPS growth and dividend growth; until that happens the stock is a legislative event-driven watch.
PCG WATCH
Cardinal Health is a cheap healthcare winner.
Cardinal Health is a high-quality healthcare distributor seeing rotation inflows away from expensive tech; it has been shifting to specialty pharma, generics, and higher-margin businesses, revenue misses stem from drug pricing while its fee-for-service volume model still works, and FY27 guidance implies 13-15% earnings growth at less than 20x earnings, a cheap safe haven.
CAH LONG
CVS is a buy-and-own healthcare stock.
CVS under CEO David Joyner has raised guidance, trades at a discount valuation with a 3% dividend and 25% upside, and Cramer says investors should own it rather than trade it; he wants to buy it for the charitable trust.
CVS LONG
Cyber stocks are on sale; buy them.
CrowdStrike, Palo Alto Networks and Rubrik have been trading down despite excellent quarters because investors are rotating out of software/security; Cramer says these cybersecurity stocks are being put on sale and the decline is an opportunity to buy.
CRWD LONG
PANW LONG
Cyber stocks are on sale; buy them.
Rubrik delivered its 10th consecutive quarter of outperformance with beats on topline, profitability and cash flow; demand is driven by AI-era cyber resilience and agentic security, and Rubrik's data infrastructure model is winning larger deals, supporting the stock after its post-earnings drop.
RBRK LONG
MP Materials is best play but slow.
MP Materials is the single best, most investable play on critical materials, which the US needs, but Cramer does not expect anything to happen soon and says the timeline has been long, making it a watch rather than a near-term catalyst trade.
MP WATCH
AeroVironment: too much defense competition, avoid.
Even though AeroVironment's stock is down sharply, Cramer says defense niche competition is so strong that he would not buy yet: 'not yet, not now'.
AVAV AVOID
Howmet remains best aerospace play; buy/hold.
Elon Musk's announcement that SpaceX will cast its own natural gas turbine blades hurt Howmet Aerospace, but Cramer believes it is unlikely to inflict lasting damage; Howmet is one of the best companies out there and the best way to play aerospace, so he says hold or buy.
HWM LONG
HIGH
23:31
Sep 02
Sep 02
Nox Metals
StarCloud 1ST
VGK 1ST
EWL 1ST
Mezzo 1ST
▾
HIGH
Nox Metals modernizes a huge metals market
Paige says Nox Metals is one of her fastest-growing portfolio companies: it is a next-day metal servicing platform between steel mills and downstream aerospace/defense manufacturers, addressing a $200B market with fewer than 40 software engineers employed in the industry.
Nox Metals LONG
StarCloud orbital data centers are winning
Katelin made a non-consensus seed bet on StarCloud, which puts GPUs on solar-powered satellites and has now reached a $2.3B valuation with Nvidia and Cisco investing. She believes orbital data centers are made viable by collapsing launch costs and the team's audacity.
StarCloud LONG
Europe's Zurich tech is undercapitalized
Katelin offers a contrarian Europe view: US VCs are irrationally scared of regulation, and Europe, especially Zurich, Switzerland, is producing some of the best physics and quantum work in the world while remaining dramatically undercapitalized. She would rather back a rational-priced Zurich quant team than another US agent wrapper.
VGK LONG
EWL LONG
EU regulation creates compliance moat
Paige says heavy EU regulation creates a moat for startups willing to eat the frog and do compliance first. Her portfolio company Mezzo built its AI engine to work in the hardest regulatory environment so it can later expand into less regulated markets.
Mezzo LONG
HGEN displaces natural gas with onsite hydrogen
Katelin reverse-engineered an infrastructure-for-the-inevitable investing framework and cites HGEN as an example: on-site hydrogen production for heavy industry that can take out natural gas and sits upstream of industrial re-shoring and energy bottlenecks.
HYDR LONG
Edge AI wins for sensitive factory data
Paige's 2024 multimodal AI thesis led her to back Manva, which runs local edge AI models on factory floors for quality assurance and safety. She believes edge AI is the future where sensitive data or compute constraints make cloud-only models unworkable.
Manva LONG
Edge AI LONG
More launch providers will win space
Katelin argues the US space economy should not be a SpaceX-only single point of failure. She believes multiple launch providers can win without catching SpaceX, and Stoke Space's fully reusable two-stage rocket is one such delivery-van beneficiary.
U.S. space economy LONG
Vertical physical AI reaches revenue faster
Paige focuses on verticalized physical AI applications rather than general-purpose robotics because they reach revenue and commercialization faster and avoid the massive dilution of capital-intensive general-purpose platforms.
Verticalized physical AI LONG
Top talent is now building physical AI
Katelin sees the physical AI and hardware boom as more than a bubble: the best engineers have shifted from ad tech to building rocket engines and hard tech, and hardware is now treated as a moat. She echoes Jensen's prediction that every industrial company will become a robotics company.
Physical AI LONG
Build vertical on-prem LLMs, avoid labs
Jason argues startups built on Frontier Lab APIs risk being rug-pulled as labs face pressure to compete; the winning response is to build vertical open-source models on-prem, citing 11 Labs, Lovable, Figma, and Lora's legal vertical models.
On-prem AI LONG
Vertical LLMs LONG
HIGH
23:19
Sep 02
Sep 02
EWY
Kioxia Holdings
Japanese small/mid-cap technology M&A targets
KS
Korean power distribution/transmission equipment
▾
HIGH
KOSPI should recover after retail supply stabilizes.
Kwon says July leveraged deleveraging caused record monthly outflows of 12.5 trillion won, and retail net buying collapsed from 54.5 trillion won in June to 5.4 trillion won last month. He sees this as a sentiment and supply shock rather than deteriorating fundamentals; he expects the August low to hold and KOSPI to recover gradually once retail selling and buyback-driven support stabilize, with strong fundamentals eventually reflected.
EWY LONG
Memory shortage supports SK Hynix and Kioxia.
SK chairman Choi Tae-won said cooperation with Kioxia is possible, including co-production, R&D and supply-chain sharing, and that a Japan factory is being reviewed. Kwon argues this follows a real memory shortage: data center memory demand is running 20-30% short, domestic SK Hynix expansion cannot keep up, and Japan has an existing semiconductor ecosystem. A SK Hynix-Kioxia NAND alliance could reshuffle global NAND share and potentially move SK above Samsung Electronics.
Kioxia Holdings LONG
Korean money targeting Japanese small-cap tech M&A.
Kwon observes that Korean large investors are moving money into old Japanese small and mid-sized companies that hold original technologies but lack succession plans. By adding younger Korean management and production dynamism, they see a viable business model; the theme also fits Choi Tae-won's Korea-Japan economic cooperation push, supporting Japanese small-cap technology M&A targets.
Japanese small/mid-cap technology M&A targets LONG
Local SK Hynix looks cheap versus ADR.
Doosan Fuel Cell signed a large fuel cell supply contract to US AI data centers starting in the second half of 2024 through first half of 2028. Kwon argues that even though fuel cells are expensive to operate, the deal shows US power bottlenecks are so severe that data center operators are pulling forward expensive on-site generation; data center construction takes about 18 months while transmission and distribution can take more than 10 years, and fuel cell waste heat can be used for data center cooling.
KS LONG
AI grid bottleneck favors Korean power equipment.
Kwon stresses that the AI data center buildout is most severely bottlenecked in power distribution and transmission: data centers can be built in about 18 months, but grid transmission and distribution can take more than 10 years. Even when generation such as fuel cells is added, the power must be moved, so Korean distribution and transmission equipment suppliers are positioned to benefit.
Korean power distribution/transmission equipment LONG
AI networking demand lifts Nokia.
Nokia returned to the EuroStoxx 50 as an AI network equipment supplier, replacing Volkswagen. Kwon frames this as confirmation that companies with real AI supply-chain exposure are being re-rated regardless of tier, and Nokia's networking equipment is now leveraged to AI data center infrastructure demand.
NOK LONG
Avoid legacy European automakers losing index relevance.
Volkswagen was removed from the EuroStoxx 50 even though it remains a global top automaker by sales, while Stellantis was already dropped last year. Kwon presents this as structural underperformance for legacy European automakers losing relevance to AI supply chains, making Volkswagen and Stellantis unattractive despite their size.
VOLKSWAGEN AVOID
STLA AVOID
HIGH
23:13
Sep 02
Sep 02
US AI technology stack
DTCR
US semiconductor manufacturing
INTC
URA
▾
HIGH
American AI stack leads globally.
Lutnick argues AI is 'education in a bottle' and that American frontier models from OpenAI, Anthropic, NVIDIA and Palantir are the global teacher while Chinese open-source models are generations behind, so the world should build using the American tech stack.
US AI technology stack LONG
Data centers bring local economic benefits.
Lutnick says communities that embrace data centers get great economics, more power buildout, lower local power prices and tax benefits, and that data centers are part of the AI opportunity mix.
DTCR LONG
US semiconductor manufacturing booms on policy.
Lutnick says the administration wants to lift U.S. semiconductor production from about 1% to 40-50% by requiring or incentivizing companies to build fabs in America or pay tariffs, and states the policy is already working with over $500 billion committed from TSMC and Micron alone.
US semiconductor manufacturing LONG
Intel's foundry push nears success.
Lutnick frames Intel as central to reaching 50% domestic semiconductor production and says Intel is on the way to being successful, making it a direct beneficiary of the U.S. onshoring push.
INTC LONG
Nuclear buildout becomes US priority.
Lutnick says the administration will do for nuclear what it is doing for semiconductors—building in America—and wants the Trump administration to have launched a nuclear factory buildout to support advanced U.S. manufacturing.
URA LONG
Canada's trade fight hurts its economy.
Lutnick argues Canada's Liberal Party chose to fight the Trump administration for domestic political reasons, making a trade deal unlikely anytime soon, even though it is bad for the Canadian economy.
EWC AVOID
Iran conflict keeps oil prices elevated.
Himes warns that U.S. strikes and economic pressure on Iran have already pushed oil to $95 and gasoline up $1.20, and that widening secondary sanctions toward China or India could blow back on American consumers through higher energy and goods prices.
WTI WATCH
Chevron's Venezuela investment adds production growth.
Wirth says Chevron's $7 billion Venezuela joint-venture investment has strong legal and fiscal protections, stays within its existing capital plan, and supports growth from over 250,000 to over 600,000 barrels a day by 2031.
CVX LONG
US refiners gain Venezuelan heavy crude access.
Wirth says the Venezuelan expansion is a win for U.S. refiners that prefer this type of heavy crude, giving them broader access to preferred feedstock.
CRAK LONG
Venezuela improves energy investment climate.
Wirth says Venezuela is now more economic, with a competitive return opportunity, strong contract protections, and true alignment of interests that should encourage more energy investment in the country.
Venezuela LONG
HIGH
22:44
Sep 02
Sep 02
AVGO
005930.KS
000660.KS
DAX 1ST
CAC 40
▾
HIGH
Broadcom AI signal remains solid.
Broadcom's aftermarket strength after its earnings report is a positive AI signal. He was initially worried because the prior Broadcom call disappointed despite good numbers, but the market's changed reaction to the conference call suggests AI-related revenue is being treated as solid rather than fresh noise.
AVGO LONG
Memory selloff unjustified; fundamentals support accumulation.
Samsung Electronics and SK Hynix fell more than 3% despite earnings and peer signals not justifying it. Micron and SK Hynix ADR were firm, so the local selloff was driven by foreign futures/program selling and weak sentiment, not fundamentals; on fundamentals he believes this is an accumulation zone.
005930.KS LONG
000660.KS LONG
Rising yields won't stop global equity uptrend.
Rising government bond yields are not a reason for equities to fall now. Major indices in Germany, France, Italy, the UK and the US are still in an uptrend even with record 10-year yields, because this rate rise is coming from stronger investment demand rather than the old liquidity-driven regime.
DAX LONG
CAC 40 LONG
SPY LONG
European defense and infrastructure investment cycle.
Europe's equity strength is not just AI; it is powered by a huge defense and infrastructure investment cycle. Trump's push for 5% GDP defense spending, Russia-Ukraine security fears, and the need to build roads and railways for heavy military equipment are all driving public investment.
European Defense LONG
European infrastructure LONG
AI data center investment is driving growth.
US data shows the fastest-rising construction category is AI data centers, and this is what is driving the economy. Neocloud companies are borrowing at 10-12% because they can earn their money back within about a year, showing real investment demand behind AI infrastructure.
AI Data Center Infrastructure LONG
SKYY LONG
Oracle unlikely collapse despite AI debt worries.
Oracle is at the hyper scaler edge and is borrowing at about 10%, but he does not think Oracle will default or collapse despite market worries about AI-related debt. Next week's earnings is an important event to test this.
ORCL WATCH
KOSPI valuation attractive near five times earnings.
KOSPI's PER has fallen to about 5.1x; below 5x would be an extremely attractive level that historically would trigger a rebound. The market is heavy due to retail overhang and weak sentiment, but valuations are at levels that should attract buyers over time.
EWY LONG
HIGH
22:24
Sep 02
Sep 02
HOOD
ARB 1ST
GLD
ETH FLIP
BNO
▾
HIGH
Buy HOOD for diversified crypto/equities upside.
Avi argues Robinhood is one of the best expressions for the crypto trade because it has multiple ways to win: if equities or AI come back, options volume and crypto activity lift it; if crypto booms while equities stay flat, Robinhood still rises; it also has downside protection from its actual business. He says he has been advocating it for a long time and prefers it over one-way meme coin bets.
HOOD LONG
Arbitrum dark horse on Robinhood chain fees.
Avi sees Arbitrum as a dark horse because he believes Arbitrum receives 10% of the fees generated by Robinhood chain, and Robinhood chain weekly volume jumped from about 500 million to 1.5 billion, which should drive meaningful fee revenue. He expects Robinhood chain to be larger in two years, accruing value to Arbitrum.
ARB LONG
Gold retraced; debasement trade offers reentry.
Avi believes Kevin Warsh is jawboning without spine, there will be no September rate hike, and this sets up the next leg higher in Bitcoin and gold. If no hike arrives, he thinks it could produce a bull market across equities, gold, and Bitcoin.
GLD LONG
SPY LONG
BTC LONG
Ethereum narrative second-fastest horse if Bitcoin rises.
Avi says Robinhood chain activity is built on Arbitrum and ultimately filters down to Ethereum. While direct revenue is small, the narrative could coalesce around Ethereum, especially if Solana loses flows, and Ethereum could be the second-fastest horse after Bitcoin if Bitcoin rises.
ETH LONG
Iran's Hormuz leverage fading; oil contained.
Jonah says Iran is trying as hard as possible to shut the Strait of Hormuz but oil is still getting out through bypass pipelines, dredged routes, and the dark fleet. He argues commercial storage is not draining and Iran's leverage over Hormuz is degrading by the day, so the extreme geopolitical oil risk premium is likely to keep fading rather than cause a sustained squeeze higher.
BNO WATCH
Defense contracts exploding; own Palantir/Anduril.
Avi argues the Iran/Hormuz conflict is forcing the US military to deploy new technology and work more closely with defense contractors, creating another megatrend over the next few years: an explosion in defense contractor contracts and a leveling up of military capabilities, with Palantir and Anduril named as beneficiaries.
ANDURIL LONG
PLTR LONG
HIGH
22:09
Sep 02
Sep 02
NVDA
DELL
AVGO
SMH
SNOW
▾
HIGH
Nvidia leads AI infrastructure and financing demand.
Nvidia rallied 3% and led the indices, with JPMorgan remaining positive after earnings showed a strong 70% growth framework. Nvidia's financial platform loan demand has doubled, including large Asia-linked financing tied to AI supply-chain expansion such as TSMC, showing Nvidia is acting as the anchor for AI infrastructure demand.
NVDA LONG
Dell proves enterprise AI server demand accelerating.
Dell's quarter was bullish: guidance was raised, backlog hit a record, operating expense ratio hit a record low, and customer count surpassed 6,500. Demand is led by neocloud, government, and enterprise customers, proving enterprise AI compute demand is accelerating. Despite intraday volatility, the stock closed up 15%.
DELL LONG
Broadcom recovers on AI revenue doubling, diversification.
Broadcom initially dropped after hours on guidance that came in below expectations, but recovered as AI revenue is expected to double and the company said it has secured supply capacity. Park argues Broadcom can diversify its TPU customers beyond Google, reducing fears about share losses to Marvell or MediaTek.
AVGO LONG
AI demand doubles semiconductor equipment demand.
AI demand is strong enough that semiconductor equipment demand has roughly doubled, and overnight semiconductor news was positive, supporting the broader semiconductor equipment space.
SMH LONG
Snowflake earnings beat drives sharp rebound.
Snowflake reported good earnings and jumped about 21-22.5% after hours. Park notes that pressured software names are getting earnings-driven bounces, showing the software selloff is not uniform.
SNOW LONG
Oracle earnings setup after fear priced in.
Oracle has next week's earnings as a key market event. Park believes significant worry is already reflected in the stock and hopes it rebounds if results clear, making it an earnings-watch setup rather than a confirmed directional trade.
ORCL WATCH
Credo optical transition is key watch.
Credo is at an inflection as it shifts from its dominant copper-wire franchise toward optical products. Expectations were high and the stock fell about 20%, so the key setup is whether optical product volume expands and validates that transition.
CRDO WATCH
Cybersecurity valuations now face harsh pressure.
Security software names are now receiving the same valuation pressure that hardware previously faced. Palo Alto sold off despite decent earnings because valuation was elevated, and CrowdStrike trades above 100x. Without accelerated growth, cybersecurity stocks are entering a difficult phase, with added concern from Anthropic's security testing strength.
PANW AVOID
CRWD AVOID
US refiners in historic bull market.
US refining is in a historically strong bull phase comparable to the 2003 and 2013 surges, supported by the US exerting energy dominance and persistent geopolitical and energy-supply tension.
XLE LONG
Favor equities over bonds into earnings.
Goldman Sachs argues investors should keep increasing equity exposure and reducing bond exposure because the upcoming earnings season should cover macro and rate concerns, making earnings the dominant driver.
US bonds AVOID
SPY LONG
Diversify into low-vol, dividends, gold, real assets.
Because volatility remains elevated, Goldman recommends diversifying into lower-volatility stocks, high-dividend stocks, gold, and real assets even while maintaining equity exposure.
Low-volatility stocks LONG
High Dividend Stocks LONG
GLD LONG
Watch 10-year Treasury hitting 5%.
JPMorgan warns that a rise in the 10-year Treasury yield to 5% could deliver a final shock to markets, but after that a structurally healthier decline may begin. The 5% level becomes an important trigger to monitor.
US10Y WATCH
Tesla Cybercab reveal is binary event.
Tesla's Cybercab reveal is set for the next morning. Morgan Stanley warns that if it is only a simple reveal event, it will be sold, but because vehicles have been seen driving in Texas expectations are high, making the reveal a binary event to monitor.
TSLA WATCH
Caterpillar has robotics/physical AI re-rating angle.
Caterpillar is continuing a physical AI partnership. Park sees a potential re-rating angle where a heavy equipment maker becomes robotics-like, similar to Boston Dynamics, giving Caterpillar a future robotics blueprint.
CAT WATCH
Eos Energy wins Google data center contract.
Eos Energy signed a Google data center contract, driving a sharp rally. Park cites it as a reference for ESS-related names showing data center energy storage demand.
EOSE LONG
HIGH
22:01
Sep 02
Sep 02
AIQ 1ST
AVGO 1ST
NVDA
long-duration U.S. Treasuries
Equities
▾
HIGH
AI buildout survives higher rates
The AI buildout will continue even if interest rates rise, because much of it is funded by hyperscaler cash flows and NVIDIA's own cash flow; the productivity gains are large enough that customers will pay higher financing costs, so hawkish Fed policy is not a real constraint.
AIQ LONG
Broadcom risk/reward attractive at 13x
Broadcom's AI chip franchise is defensible over the next 24 months because custom ASIC design cycles are longer than 12-24 months; it may lose some sockets but not share en masse, ASPs keep rising, and at 13x earnings the risk/reward into the AI revenue inflection is attractive.
AVGO LONG
NVIDIA's software/infrastructure move is underappreciated
The market underestimates NVIDIA's move down-market into infrastructure, software/model layers and open models, which lets it pair its intelligence layer with its own GPUs and creates a powerful business model beyond selling chips.
NVDA LONG
Extend duration after bear flattening
Extending duration makes sense after Jackson Hole because the Fed is on the case and the curve bear-flattened; the long end is stabilizing after the rise in real yields, not inflation expectations, so bond market fear is overblown.
long-duration U.S. Treasuries LONG
Prefer equities over tight credit spreads
With earnings growth above 30% and the cycle still intact, equities remain far more attractive than credit; he would fund equity upside from credit exposure rather than buy credit spreads at all-time lows.
Equities LONG
LQD AVOID
Prefer high yield and EM debt
For fixed-income-only investors, strong fundamentals still give more buffer in riskier credit, so he prefers high-yield and emerging-market debt over investment-grade credit.
HYG LONG
EMB LONG
Own tech, avoid cyclicals
Because yields are rising due to accelerating earnings and productivity rather than inflation fear, he is overweight technology and communication services and underweight cyclicals, favoring quality balance sheets and high profitability.
XLK LONG
XLC LONG
XLI AVOID
Five Below value proposition wins
Five Below's value-priced, trend-driven offering aimed at kids should hold up in a tougher consumer backdrop, as consumers seek value while parents keep buying for their kids; new management is better at staying on trends and keeping the sales flywheel going.
FIVE LONG
MongoDB AI inflection is coming
MongoDB is becoming the data platform for AI and is seeing early momentum across frontier labs, AI-native companies and enterprise agentic applications; Atlas growth is solid, and the AI revenue inflection is a matter of when, not if, with Voyage acting as a customer funnel.
MDB LONG
Venezuela grid deal boosts GE Vernova
GE Vernova's strategic alliance to rebuild Venezuela's deteriorated power grid is a $25 billion opportunity and adds a new source of demand on top of already strong global demand for turbines and transformers from the AI/data center buildout.
GEV LONG
Favor US large/mid, EM, value
She remains overweight equities versus fixed income and within equities favors US large- and mid-cap equities plus emerging markets and international value as alternatives to concentrated US tech, while being more cautious on developed international markets, Europe and Japan.
US Large Cap Equities LONG
VO LONG
EEM LONG
EFV LONG
Developed International Equities AVOID
Diversify AI into healthcare, industrials, financials
AI concentration risk is high with top names over 40% of the index, so she wants diversified AI exposure and expects productivity gains to broaden into healthcare, manufacturing/industrials, and financial services, not just technology.
XLV LONG
XLF LONG
Power is the AI bottleneck
The AI buildout starts with the electron: to get a token you must invest in power generation and behind-the-meter electrification that does not strain the grid, making power/data center infrastructure the key bottleneck and opportunity.
AI/data center power infrastructure LONG
Buy ERCOT/PJM electricity futures
Direct exposure to ERCOT and PJM wholesale electricity futures is a way to bet on higher power prices driven by data center demand, reshoring and general electricity demand growth; the product rolls 12-month futures, provides inflation hedging, and Texas's 12-month curve is the cheapest in over 10 years.
ERCOT/PJM wholesale electricity futures LONG
European nat gas has winter squeeze risk
He is more concerned about European natural gas than crude oil because LNG supply is less flexible, key trains are down, European stocks are extremely low, and a cold winter could cause a squeeze in northwest Europe.
UNG LONG
Power stability is next bottleneck
AI's current bottleneck has migrated to power: the grid was built long ago, renewables add intermittency, and demand is rising, so solving power generation/stability is the next bottleneck-driven investment opportunity.
Power grid modernization LONG
HIGH
21:42
Sep 02
Sep 02
CNBC
3h
SPY
DTCR 1ST
U.S. 10-year Treasury yield
WTI
DIESEL
▾
HIGH
Market is uncomfortably trendless.
The market is in an uncomfortably trendless state despite the rally; investors are uncertain whether a broader pullback is needed or whether weakness in consumer cyclicals and industrials was enough to clear the excess.
SPY WATCH
Data centers drive manufacturing and construction.
The Fed Beige Book shows data centers are a key economic driver: manufacturing activity picked up partly on data center demand, and commercial construction is rising while residential construction declined because of data centers.
DTCR LONG
Bond yields have normalized.
Global bond yields have returned to pre-Great Financial Crisis levels and are back to normal; the abnormal period was central banks suppressing short- and long-term interest rates with quantitative easing between the GFC and COVID crisis, so today's rates may be normalized.
U.S. 10-year Treasury yield WATCH
Hormuz oil flow risks are rising.
Record oil volumes moved through the Strait of Hormuz since the Iran conflict began, with Iran actively challenging those flows, and diesel is near record levels—an oil supply chokepoint risk setup.
WTI WATCH
DIESEL WATCH
HIGH
21:11
Sep 02
Sep 02
Data center buildout
AI capex
SKYY
SPY
▾
HIGH
Watch state races for data center restrictions
Data-center opposition has moved from a macro thematic to a granular, race-by-race issue. Both Democratic and Republican candidates are proposing conditional or restrictive data-center policies in key governors' races including Ohio, Texas, and Pennsylvania. Governorships matter because governors can appoint public utility commissioners, so midterm results could affect pending data-center projects even if federal AI policy incentives remain unchanged.
Data center buildout WATCH
Stay long AI capex and hyperscalers
Morgan Stanley remains constructive on AI capex despite local political backlash. The internet team expects over $1 trillion of hyperscaler spending next year, supported by the AI sovereignty theme where governments want to control their own AI stacks, and by company mitigation measures such as ratepayer protection pledges and water-use disclosures. The AI buildout is expected to be less sensitive to policy outcomes than campaign rhetoric suggests.
AI capex LONG
SKYY LONG
Watch equity market into midterm elections
Equity markets historically show negative seasonality into midterm elections. Morgan Stanley equity strategy sees potential for a knee-jerk market reaction if Democrats outperform in November, but expects it not to be durable; investors may pull forward anticipation of Democrats doing well in 2028. Seasonal weakness can be reinforced by policy narratives during a heavy catalyst calendar.
SPY WATCH
HIGH
21:03
Sep 02
Sep 02
CNBC
4h
US data center buildout
NVDA 1ST
TSM
IBM 1ST
MU
▾
HIGH
Data center buildout continues despite opposition.
Lutnick argues data centers will house frontier AI knowledge and create local prosperity; builders will supply their own power and lower local power costs, while opposition is based on misinformation. Communities that block data centers will lose investment to others, supporting continued US data center buildout.
US data center buildout LONG
Massive private AI infrastructure investments in US.
Secretary Lutnick says the Trump administration is attracting enormous private AI infrastructure investment: Nvidia committed $500 billion to AI infrastructure and supercomputers, TSMC $265 billion to semiconductor manufacturing, IBM over $150 billion, Micron $250 billion for memory fabs, plus SpaceX and Anthropic commitments, signaling a broad US AI infrastructure buildout.
NVDA LONG
TSM LONG
IBM LONG
MU LONG
New FAA rules unlock commercial drones.
Kratsios says commercial drone operations were a novel case where existing FAA airspace rules were not fit; the administration completed rulemaking to create new regulations that unlock commercial drone delivery for the American people, a regulatory catalyst for the drone sector.
commercial drone operations LONG
HIGH
21:00
Sep 02
Sep 02
China manufacturing
KRE 1ST
TCEHY 1ST
BAIDU 1ST
TSLA 1ST
▾
HIGH
China remains the world's factory.
China became the factory of the world after Deng Xiaoping introduced market reforms and created the Shenzhen special economic zone, using extremely cheap labor to make it cheaper to produce in China and ship globally. After the real estate reset, Beijing explicitly refocused on being the factory of the world; in 2025 China's export surplus reached USD 1.2 trillion even as sales to the United States fell 20%.
China manufacturing LONG
China property boom ended.
Chinese real estate reached 20-25% of GDP and produced ghost cities, but that model ended. The government's three red lines policy caused construction and sales to fall sharply, deliberately resetting the property market before a bubble burst and shifting focus back to manufacturing.
KRE AVOID
WeChat wins; Baidu fell behind.
China's internet runs on local super apps: WeChat is years ahead of WhatsApp and search has moved inside WeChat, Xiaohongshu and Douyin instead of a standalone Google equivalent. Baidu was left behind in search, once the best business, while Tencent and Alibaba compare far better by market value.
TCEHY LONG
BAIDU AVOID
Tesla value may come from robots.
Elon Musk says 80% of Tesla's market value will eventually come from Tesla's humanoid robots. Geromel adds that historically it has been wrong to bet against Elon Musk, making Tesla a humanoid-robot optionality idea.
TSLA LONG
China leads robotics adoption.
China's demographic collapse, with deaths exceeding births since 2022 and population projected to halve, drives a robotics and AI reorganization of work. China already has more industrial robots installed than the rest of the world combined, and Chinese firms Unitree and Agibot are the largest humanoid robot sellers globally; humanoids fit a world designed for humans.
China humanoid robotics LONG
China controls rare earth processing.
Rare earth processing is costly, polluting and dominated by China, making it a strategic weapon. China has already used rare earth restrictions in the recent past, and some US factories cannot produce vehicles, aircraft and other items without these materials.
REMX LONG
China soy dependence is fragile.
Brazil sends more than two-thirds of its soybean exports to China, and China gets about 70% of its soybean imports from Brazil. If China stopped buying, no other country has the same appetite, world soybean prices would collapse, and Brazil would face a major crisis.
SOYB WATCH
HIGH
20:44
Sep 02
Sep 02
ANTHROPIC
US IPO market
Data center power providers
▾
HIGH
Anthropic IPO expected late September-early October.
Anthropic's long-awaited IPO is expected between late September and early October, but still needs to file with regulators, finalize its revolving credit facility, choose additional lead banks, and hold an analyst day; it expects to raise billions in a record-setting deal at a valuation just over $86 billion, making it the anchor event for the US IPO calendar.
ANTHROPIC WATCH
Issuers rush IPOs before Anthropic's debut.
Other companies looking to go public are rushing to get ahead of Anthropic's giant IPO, including cloud computing, smart-ring, and power-provider IPO candidates, compressing the post-Labor Day listing window and creating a crowded issuance calendar.
US IPO market WATCH
Anthropic deals boost data center power demand.
Anthropic has emerged as a key customer for data center power, signing a $35 billion deal with Nvidia-backed cloud provider Lambda, a $45 billion deal to rent capacity in West Virginia, a $50 billion data center deal with Fluidstack, and a $45 billion agreement with SpaceX, signaling substantial demand for data center capacity and power.
Data center power providers WATCH
HIGH
20:38
Sep 02
Sep 02
CVX
DELL
HPE 1ST
CSCO FLIP
LMND 1ST
▾
HIGH
Venezuela JV doubles output with legal protections
Chevron plans to invest $7 billion in Venezuela over five years through a joint venture to more than double crude production there, and the CEO says the contract includes strong legal protections, dispute resolution and locked tax/royalty terms, with the development expected to double Chevron's Venezuela operations.
CVX LONG
Dell AI server and IT demand strong
Dell boosted its annual sales forecast by $25 billion on surging AI server demand, while corporate IT spending remains resilient despite memory-driven server price increases. Traditional server revenue grew 122% and Dell is one of only a few vendors that can sell AI servers to neocloud customers, supporting growth momentum into fiscal 2028.
DELL LONG
HPE server and networking upside ahead
HPE should report similar server-side upside because it is one of only a few US and global vendors in the market, and its networking side is also going gangbusters, which adds a revenue boost and a margin boost on top of the server strength.
HPE LONG
Cisco networking growth strong at higher margins
Cisco's corporate networking growth has been growing phenomenally at higher margins, as heard from its results, adding another positive networking read-through alongside the AI server ecosystem strength.
CSCO LONG
Lemonade AI-driven insurance pricing drives growth
Lemonade uses AI and telematics to price auto insurance based on how people actually drive rather than demographic proxies, is expanding rapidly across states, and its AI also pays claims in seconds and sells policies faster, lowering costs. Pet insurance is growing at a 60% compounding rate and is a major driver for the business.
LMND LONG
Tesla FSD data shows safer driving
Lemonade's data and Tesla API integration show that Tesla Full Self-Driving is significantly safer than the average human driver, supporting a 50% per-mile insurance discount for FSD miles and reinforcing Tesla's autonomous driving value proposition.
TSLA LONG
Uber layoffs cut costs, boost robotaxi bet
Uber is laying off about 3,300 employees, or 10% of staff, reducing management layers and shifting resources toward robotaxi partnerships. Bloomberg Intelligence estimates the restructuring will produce around $2 billion in annual savings, supporting the stock despite its year-to-date underperformance.
UBER LONG
PG&E faces wildfire liability and earnings risk
PG&E plans to defer about $2 billion of investments next year after a proposed revamp of California's wildfire response did not do enough to protect the company. The stock has fallen sharply and there are ongoing questions about wildfire cost exposure and future earnings.
PCG AVOID
Sphere upgrade sees global expansion
Sphere Entertainment was upgraded by Guggenheim with a Street-high price target, with the analyst seeing more small and midsize Sphere projects in different states and larger opportunities in Asian markets such as South Korea and Japan.
SPHR LONG
HIGH
20:26
Sep 02
Sep 02
BNO 1ST
WTI
FIVE 1ST
DELL 1ST
GEV 1ST
▾
HIGH
Oil supported by US-Iran conflict
Brent crude is around $95 and WTI around $90 as the US-Iran conflict re-escalates, putting a geopolitical risk premium back into oil and supporting elevated crude prices.
BNO LONG
WTI LONG
Five Below robust earnings, strong balance sheet
Five Below is expected to post robust earnings and is in a strong financial position with a decent balance sheet and cash, supporting potential shareholder returns.
FIVE LONG
Dell boosted by AI server demand
Dell shares surged after the company boosted annual sales guidance on surging AI server demand; its AI server forecast tripled year-over-year and it booked more than $130 billion in server orders over the past 12 months.
DELL LONG
GE Vernova gains from Venezuela grid work
GE Vernova shares rose after committing to repair large parts of Venezuela's power grid as part of deals to boost the country's energy output; Venezuela's deteriorated grid needs at least $25 billion in power sector investment.
GEV LONG
Snowflake guidance beat drives after-hours pop
Snowflake jumped after hours as the company raised fiscal-year operating margin guidance and product revenue forecasts; the stock had already been at multi-year highs but got additional upside from the release.
SNOW LONG
HIGH
20:15
Sep 02
Sep 02
SMH 1ST
ITA 1ST
TLT 1ST
US AI sector
INTC
▾
HIGH
U.S. must win AI infrastructure race.
The administration wants to lift U.S. semiconductor production from about 1% to 40-50% by using tariffs: companies that build fabs in America avoid tariffs, while others pay for U.S. market access. Intel is on its way, and TSMC and Micron have committed over $500 billion combined to build in America.
SMH LONG
Defense supplemental spending is essential.
He argues Congress must pass supplemental defense funding to replenish munitions and build the tanks needed for U.S. troops, and that future reconciliation should invest in military modernization. The current conflict and national defense make this spending a priority even without offsets.
ITA LONG
Fiscal deficits push Treasury yields higher.
He warns the U.S. is running out of fiscal space: it is borrowing $2 trillion on a $7 trillion budget, half of borrowed money goes to debt interest, and the bond market is already pushing long-dated yields higher. He sees future borrowing difficulty, austerity, and tax increases as a real economic risk.
TLT SHORT
American AI frontier models lead China.
He argues the American AI tech stack and frontier models are the global teachers, with OpenAI and Anthropic at the frontier, while Chinese open source models are a couple generations behind. The G20 should adopt the American AI stack to democratize education and opportunity.
US AI sector LONG
Tariff policy drives domestic chip manufacturing.
The administration wants to lift U.S. semiconductor production from about 1% to 40-50% by using tariffs: companies that build fabs in America avoid tariffs, while others pay for U.S. market access. Intel is on its way, and TSMC and Micron have committed over $500 billion combined to build in America.
INTC LONG
TSM LONG
MU LONG
U.S. nuclear buildout gets policy push.
He says the administration will do for nuclear what it is doing for semiconductors: launch a domestic nuclear factory build and advanced manufacturing push so America wins in nuclear energy.
URA LONG
U.S. pharma manufacturing gets tariff shield.
He extends the same build-in-America tariff logic to pharmaceuticals: the policy has been successful there, and companies that build in the U.S. avoid tariffs while building, supporting domestic pharmaceutical manufacturing.
U.S. pharmaceutical manufacturing LONG
Canadian political trade fight hurts economy.
He says Canada walked away from a negotiated interim trade deal for domestic political reasons, with the Liberal Party using the fight with Trump for electoral advantage even if it is bad for the Canadian economy and sells Canadian citizens down the river; no deal appears imminent.
EWC AVOID
HIGH
20:02
Sep 02
Sep 02
NVDA 1ST
SPGI
LLY 1ST
CVX
JPM 1ST
▾
HIGH
Nvidia deal broadens AI ecosystem.
Nvidia's reported $14B acquisition of Hugging Face is a democratization and open-source bet that extends Nvidia beyond selling chips and protects it against customer concentration, with Nvidia also on a broader dealmaking spree.
NVDA LONG
S&P Global spinoff could unlock value.
S&P Global is exploring separating Capital IQ Pro into a standalone public company; the data is proprietary, the stock ticked up on the report, and a strategic process may lead to a sale, though the situation is early.
SPGI WATCH
Lilly diversification supports future pipeline.
Eli Lilly is using its obesity-franchise windfall to buy early-stage biotechs like Merida for up to $3B; it has already done about $33B in such deals this year, a diversified shots-on-goal strategy that reduces risk versus one big acquisition.
LLY LONG
Chevron Venezuela expansion is a win.
Chevron's expansion of its Venezuela oil operations is framed as a win for U.S. finance and for Venezuela's economy because it brings investment into Venezuelan production.
CVX LONG
JPMorgan pipeline supports record activity.
J.P. Morgan sees an active and building investment-banking pipeline across M&A, IPOs and capital raising, with volumes on course to potentially surpass 2021's record.
JPM LONG
KKR exit adds $2 per share.
KKR struck a $17 billion exit from its strategic holdings unit that will add about $2 per share to KKR's profit, marking the first exit for that strategy.
KKR LONG
Pet sector has compounding resilient growth.
The pet sector has compounding growth from a growing pet population and rising spending per pet driven by humanization and premiumization; it is resilient, with minimally processed food and pet supplements taking share and strong exit alternatives.
PAWZ LONG
Med spa aesthetics offer attractive unit economics.
Aesthetic services such as medical spas and injectables offer strong, replicable unit economics, extensive whitespace, recurring revenue and favorable consumer tailwinds, attracting sponsor capital.
Aesthetic services / medical spas LONG
Health and wellness benefits self-investment trend.
Broader health and wellness is attractive because consumers are investing in themselves through personal care, fitness routines, devices and longevity, driving strong dealmaking activity.
Consumer health and wellness LONG
Travel and leisure benefits experience spending.
Travel and leisure remains attractive because consumers are still investing in experiences such as high-end cruises and adventure travel, supporting deal activity.
XLY LONG
AI-enabled software multiples are attractive.
Software is bifurcating: some companies will compress, but AI-enabled software companies at compressed multiples around 4-5x revenue can use AI to sell more and are attractive, and Francisco Partners has been active.
AI-enabled software LONG
AI meta-wave creates winners and losers.
AI is a genuine meta-wave comparable to PC, internet, mobile and cloud, with deployment only about 7% today; long-term upside is underestimated and short-term is overestimated, so a few multitrillion-dollar winners will emerge while 90% of today's AI companies will be worth far less.
XLK WATCH
HIGH
20:00
Sep 02
Sep 02
Wealthion
5h
GLD 1ST
DBC 1ST
GDX 1ST
Nevada gold miners
IAUX 1ST
▾
HIGH
Gold and commodities face 20-year bull run.
Richard Young believes gold and commodities are in a 5-, 10-, even 20-year bull run. He cites a structural shift in the gold market: central banks were sellers for the first 20 years of his 35-year career but have been buyers since the GFC and stepped up purchases after Russia's invasion of Ukraine. He says hard assets are the future over the next decade and his family is all-in on gold equities.
GLD LONG
DBC LONG
Gold miners set to outperform.
Trey Reik argues gold mines are among the longest-duration endeavors on the planet, yet gold stocks trade like water. He applies Warren Buffett's moat analogy to mining: completed large mines such as Detour or Mardic can be impossible to recreate in less than 20-30 years, so long-life, high-quality mines in stable jurisdictions should become very valuable. Richard Young agrees and adds that hard assets have moats around them.
GDX LONG
Nevada is best gold jurisdiction.
Nevada is the number one jurisdiction for gold exploration according to the Fraser Institute, and investors historically pay the most value for producing assets there. The state's disseminated geology is unique: resources convert to reserves at about 100 percent in Nevada, compared with 30 to 50 percent in many other regions, making Nevada-focused gold assets particularly valuable.
Nevada gold miners LONG
i-80 Gold has major re-rating potential.
i-80 Gold owns four past-producing Nevada gold mines acquired from Barrick and Newmont, with larger ore bodies defined over five years. The company completed a difficult recapitalization and now has five feasibility or prefeasibility studies expected within 12 months, an autoclave refurbishment, and a plan to grow toward 600,000 ounces annually by the early 2030s, with a path to the 2050s, based on current gold prices. Young sees an 8-10 billion NAV and multiple re-rating opportunities through the end of the decade.
IAUX LONG
HIGH
19:49
Sep 02
Sep 02
CNBC
5h
AIQ
SKYY 1ST
▾
HIGH
AI infrastructure becomes industrial utility-like system
AI is moving beyond the first phase of models and chips and becoming industrial infrastructure. The next phase turns chips into power-permitted, economically productive capacity, making land, transmission, financing, and community acceptance inputs into the production of intelligence. Toney likens AI infrastructure to a hybrid utility, railroad, and Bell System.
AIQ WATCH
Secured compute capacity gives hyperscalers edge
Demand for compute still exceeds available supply for at least the next one to two years. Because compute is becoming strategic infrastructure, companies that have already secured large amounts of capacity have a competitive position based on how much compute they control and how quickly rivals can obtain comparable capacity. This puts hyperscalers and AI labs such as OpenAI and Anthropic in an enviable position.
SKYY LONG
HIGH
19:47
Sep 02
Sep 02
CNBC
5h
GOOGL
▾
HIGH
Google Gemini deal reaches 1.65 billion fans.
Beast Industries has a multi-year partnership with Google to integrate Gemini into its videos in authentic, contextually relevant ways, aiming to help its 1.65 billion monthly fans understand and use AI. Housenbold sees this as analogous to the early days of search and says it has executive sponsorship up to Sundar Pichai, making it a major distribution and adoption opportunity for Google's AI products.
GOOGL LONG
HIGH
19:40
Sep 02
Sep 02
EWC
▾
MED
Canada trade deal dead, economy suffers.
Canada deliberately blew up an interim US-Canada trade deal at the last minute for domestic political reasons, including Quebec politics and Liberal Party election positioning; Lutnick says the breakdown is bad for Canada's economy and there will be no deal anytime soon.
EWC AVOID
MED
18:55
Sep 02
Sep 02
CNBC
6h
AAPL 1ST
▾
HIGH
Apple product focus under Ternus is bullish.
Apple's new CEO John Ternus is a product-focused hardware designer, making him the right leader because Apple has not shipped a truly exciting new device since Steve Jobs. Walter Isaacson argues Apple can use its trusted privacy brand to create AI devices beyond the iPhone and that a foldable phone is likely coming soon, so renewed product focus should support Apple.
AAPL LONG
HIGH
18:55
Sep 02
Sep 02
American AI tech stack
DTCR
TSM
MU
US semiconductor manufacturing
▾
HIGH
American AI frontier models lead globally.
Lutnick argues the American AI tech stack is the global frontier: US frontier models such as OpenAI and Anthropic are the 'teachers,' while Chinese open-source models are 'students' a couple generations behind. He says AI is 'education in a bottle' and that other countries should adopt the American tech stack, which will democratize education and spread entrepreneurship, with America as the most entrepreneurial market.
American AI tech stack LONG
Data centers bring communities economic benefits.
Lutnick says criticism of data centers is misinformation: modern data centers use closed-circuit cooling and do not drain water like older ones. Communities that embrace data centers get new power buildout, lower power prices, and a larger tax base, so data centers are an economic positive and remain part of the AI buildout.
DTCR LONG
US semiconductor onshoring is accelerating.
Lutnick says the Trump administration will use tariff pressure and incentives to push domestic semiconductor production toward 40-50% of US consumption. Companies that build fabs in the US avoid tariffs; those that do not must pay for access to the US market. He cites $1.2 trillion in commitments, including TSMC's $265 billion and Micron's $250 billion US projects, and says the policy is working with shovels in the ground.
TSM LONG
MU LONG
US semiconductor manufacturing LONG
Intel's recovery supports US chip goals.
Lutnick specifically points to Intel as the swing factor for reaching 50% domestic semiconductor production, saying Intel is 'clearly on the way' to being successful. If Intel succeeds, US domestic semiconductor production could reach 50% by the end of the administration's term.
INTC LONG
US nuclear buildout is coming.
Lutnick says the administration wants to replicate its semiconductor buildout approach in nuclear: launch a clear factory build in America during Trump's term, making nuclear part of the advanced manufacturing push alongside semiconductors and pharmaceuticals.
URA LONG
Canada trade deal unlikely, economy suffers.
Lutnick says an interim US-Canada trade deal fell apart because Canadian counterparts chose domestic political positioning over their own economy. He indicates no deal is coming soon and says Canada's Liberal Party is selling its own citizens down the river, implying Canadian economic underperformance.
EWC AVOID
HIGH
18:52
Sep 02
Sep 02
Artificial Intelligence
▾
HIGH
AI enables greatest entrepreneurship boom ever
Sam Altman argues AI will create the greatest boom in entrepreneurship and small-business creation the world has ever seen because it removes traditional barriers: lack of capital, inability to hire enough experts, difficulty inventing new science, and complexity of managing supply chains can now be addressed with AI.
Artificial Intelligence LONG
HIGH
18:45
Sep 02
Sep 02
Tokenized Equities
Tokenized commodities
Tokenized derivatives
Tokenized Treasuries
DeFi protocols
▾
HIGH
Tokenized asset distribution grows via regulated venues.
The ICE/OKX partnership creates a practical route to connect to regulated trading venues and should substantially increase distribution and reach for tokenized equities, commodities, and derivatives products, while crypto products may eventually become tradable instruments on regulated venues like ICE, bridging previously isolated legacy and crypto systems.
Tokenized Equities LONG
Tokenized commodities LONG
Tokenized derivatives LONG
Tokenized treasuries become DeFi collateral and yield.
Tokenized instruments are becoming important collateral and a fundamental asset class inside DeFi; liquidity pools and AMM protocols are starting to add tokenized treasuries as basic yield-generation instruments, creating new yield and hunting opportunities in DeFi.
Tokenized Treasuries LONG
DeFi protocols LONG
Meme-driven tokenized equities boost regulated stock demand.
People are creating meme tokens tied to equities and embedding them in DeFi building blocks; to receive airdrops or participate, users must own the associated tokenized equity, causing the entities with authority to distribute tokenized equity to buy more shares in regulated markets, so memetic DeFi creates another demand source for regulated stocks.
Equities LONG
Ethereum, Solana, Arbitrum gain from tokenized flows.
As tokenized equity and memetic DeFi structures reinforce each other, the underlying blockchain layers being used—Ethereum, Solana, and Arbitrum—directly benefit from this new area and flow of capital, with record TVL, transaction volume, and interactions expected.
ETH LONG
SOL LONG
ARB LONG
New capital wave enters crypto via tokenization.
After capital waves from ICOs, stablecoins, and Bitcoin ETF/institutional adoption, the next wave is tokenization plus composable DeFi; L1/L2 chains are upgrading, regulatory clarity is improving, and institutional access is expanding, making him more optimistic than in the prior bearish cycle.
DEFI LONG
HIGH
18:16
Sep 02
Sep 02
CNBC
7h
PLTR
NVDA
URA 1ST
US AI
Europe AI
▾
HIGH
Palantir is the sovereign AI application layer.
Palantir sits at the application and integration layer of the AI stack, providing the ontology and control layer that makes frontier and open models accurate, secure, specific to a country's data, and prevents proprietary data or alpha from being exfiltrated to model providers; Karp says every sovereign or enterprise AI deployment will need this layer.
PLTR LONG
Nvidia leads essential sovereign AI compute.
Compute is non-negotiable for every country's AI stack, and Karp says Palantir is partnered with Jensen Huang and Nvidia, whom he considers the world's best at compute; countries will need sovereign compute architectures, making Nvidia a key supplier.
NVDA LONG
AI needs electricity; nuclear is key.
AI buildouts require very large amounts of electricity; Karp points to France's move to build and stick with nuclear as what is likely powering it and calls for a nonpolitical conversation about how to get power, supporting nuclear as a critical input for AI infrastructure.
URA LONG
US leads AI production; Europe lags.
Karp sees the US as having an enormous advantage in AI production and dissemination, while European countries have a pretty extreme disadvantage in AI adoption due to political and regulatory overreach; Japan, Korea, and China may have political advantages in adoption.
US AI LONG
Europe AI AVOID
HIGH
18:13
Sep 02
Sep 02
CNBC
7h
GOOGL
▾
MED
Google's AI cost edge may reset narrative.
Google is trying to regain the AI coding battleground with Gemini 3.8 Flash, its third Flash release in six weeks. The model is described as Google's best reasoning and coding model yet, approaching much larger frontier models on performance benchmarks at a fraction of the cost. Google is leaning into smaller Flash models that are faster to ship and cheaper, which may be where the market is headed. Token prices are at record lows and Google has more room to compete on price because of its high-margin business, giving it a potential edge to reset the stock's losing streak.
GOOGL LONG
MED
18:04
Sep 02
Sep 02
TLT
SPY
10-Year Treasury Note
ROSY 1ST
Hard assets
▾
HIGH
Avoid duration and de-risk stocks.
The Fed is making a policy mistake by shifting toward multiple rate hikes into a weak one-and-a-half percent economy and an oil shock; Treasury yields are rising because of Fed expectations and risk premia, not inflation, so investors should avoid bond duration and start de-risking equities.
TLT AVOID
SPY AVOID
Watch 10-year yield near 5%.
The 10-year Treasury note is the key rate for the economy, with 5% as the likely line in the sand; Treasury can influence the curve through supply, and the November 4 refunding announcement may act as a bazooka to bring 10-year yields lower, similar to the Q4 2023 refunding that took yields from 5% to 4%.
10-Year Treasury Note WATCH
Buy ROSY ETF diversified barbell.
The new ROSY ETF, managed by Corton Capital and inspired by Rosenberg Research's top conviction themes, is a low-to-moderate risk unconstrained portfolio built as a barbell of cash-flow fixed income in high real rate and flat yield curve markets plus hard assets, positioned 70% inversely to the US dollar.
ROSY LONG
Own hard assets for pricing power.
Hard assets and commodities have pricing power and hedge goods inflation, tariffs, wars, security of supply, and recurring supply shocks; the portfolio is overweight gold, gold miners, uranium, rare earths, pipelines/energy infrastructure, and base metals.
Hard assets LONG
GLD LONG
REMX LONG
GDX LONG
URA LONG
MLPX LONG
DBB LONG
Oil supported by supply-demand balance.
Oil is held as a hedge against escalation in the war and recurring supply shocks; even if the current war ends, unless there is a global recession the supply-demand balance should still favor higher oil prices.
WTI LONG
Own short duration and EM bonds.
The fixed-income side of the portfolio uses short-duration bonds and 2-year notes plus local-currency emerging market bonds to generate cash flow and to capture areas with flat yield curves and high real interest rates.
2-year Treasury notes LONG
SHY LONG
EMLC LONG
Short the US dollar.
The US dollar is in the early stages of a fundamental bear market, and the portfolio is deliberately positioned 70% inversely to the US dollar to benefit from that trend.
USD SHORT
Caterpillar drop warns AI trade.
Caterpillar is a non-tech poster child for the AI/data-center construction boom because its turbines and equipment feed data construction, yet the stock is down nearly 30% from its peak; Rosenberg sees this as a leading indicator and a warning about extrapolating the AI trade.
CAT AVOID
Mega-cap tech leadership is stalling.
The Magnificent 7 has gone nowhere for six months despite the AI narrative; strong rotational churn within the group has masked that the entire group has not made investors money, suggesting mega-cap tech leadership is stalling.
MAGS AVOID
Watch homebuilders for rate-peak entry.
Homebuilding stocks have already fallen a lot, but Rosenberg would not buy yet; once there is clarity that the Fed either hikes only in a truncated cycle or market rates peak and 10-year yields come down, homebuilders/HGX could become a tactical buying opportunity, especially around the November 4 Treasury refunding.
Homebuilding stocks WATCH
HGX WATCH
HIGH
18:03
Sep 02
Sep 02
NVDA
UBER
U.S. AI equities
Quality and dividend equities
EWJ 1ST
▾
HIGH
Nvidia buys Hugging Face software
NVIDIA is nearing a $14 billion acquisition of Hugging Face, the open-source AI model hub, to own more of the AI software layer and democratize model access; the deal could be announced as soon as this week, though antitrust/regulatory scrutiny remains a risk.
NVDA WATCH
Uber cuts jobs as growth slows
Uber is cutting 3,300 jobs and 20% of managers to reallocate spending into ridesharing, delivery, and robotaxi; the cost focus may signal flat or non-accelerating topline growth, while Waymo pulled back from its partnership.
UBER WATCH
US AI equities lead earnings growth
BlackRock's strongest equity conviction remains the US AI theme because it continues to see the largest earnings growth; hyperscaler cloud revenue and AI adoption are broadening into inference and enterprise use.
U.S. AI equities LONG
Quality dividends diversify AI concentration
Within AI-heavy portfolios, BlackRock recommends quality and dividend equities to diversify concentration risk while staying invested in US equities.
Quality and dividend equities LONG
Japan diversifies concentrated AI portfolios
Japan can be an area of strength for investors looking to diversify away from concentrated US AI exposure.
EWJ LONG
Korea Taiwan extend AI exposure
Emerging markets, specifically Korea and Taiwan, are areas to lean further into AI for investors seeking additional AI exposure beyond the US.
EWY LONG
EWT LONG
Higher yields make fixed income attractive
Higher bond yields driven by nominal GDP growth and supply create an opportunity to clip coupon in fixed income holdings, including bank and securitized asset ETFs.
Bank and securitized fixed income ETFs LONG
Liquid alternatives diversify stock-bond correlation
Because stocks and bonds are positively correlated more than ever, BlackRock recommends liquid alternative ETFs for diversified return sources without directional bets.
Liquid alternative ETFs LONG
Venezuelan crude benefits US refiners
US refineries were built on Venezuelan heavy crude; as Venezuelan production grows, it is a massive win for US energy buyers and refiners that prefer this crude.
XLE LONG
Chevron expands high-reserve Venezuela production
Chevron will invest $7 billion through three Venezuelan joint ventures over five years to more than triple production from pre-Trump levels, targeting over 600,000 barrels/day by 2031 with many billions of barrels of reserves and strong legal protections; overall capex guidance is unchanged.
CVX LONG
Venezuela supply surge pressures oil lower
Venezuela production is up 25% and exports up 50%, with production potentially doubling by end-of-decade as US-backed deals displace Chinese/Russian/criminal operators; this adds longer-term oil supply and supports lower energy prices.
BNO SHORT
WTI SHORT
Dell AI server demand boosts outlook
Dell raised its annual sales forecast by $25 billion, the fifth straight quarter its revenue outlook topped estimates, because AI server demand is strong; Dell is a key AI infrastructure buildout beneficiary.
DELL LONG
Broadcom must prove AI momentum
Broadcom earnings after the bell need to restore AI credibility after a 20% post-June drawdown; with Nvidia raising the bar, investors will focus on custom silicon customers like Google/OpenAI and sustainability of high growth.
AVGO WATCH
Ouster leads physical AI sensing
Ouster announced John Deere will equip vehicles with Ouster lidar/perception sensors, positioning it as a base layer for autonomous machines; drone mapping demand, Buy America/NDAA compliance, onshoring, and close Nvidia partnership support physical AI adoption.
OUST LONG
US entrepreneurship supports equities
Greg Fleming is optimistic on US equities because of high corporate profits, benign regulation, entrepreneurial business formation, broad wealth creation, and AI tools that could drive a productivity surge.
SPY LONG
US deficits pressure long bonds
US deficits and rising interest expense are the number one issue; interest payments now exceed defense spending and the bond market is making the deficit concern clear, pressuring long-duration Treasuries.
U.S. long-duration Treasuries AVOID
HIGH
17:51
Sep 02
Sep 02
Electric aircraft
Hybrid electric aircraft
▾
HIGH
Electric/hybrid aircraft will revolutionize regional aviation.
Electric and hybrid-electric aircraft are now at an inflection point for regional and continental flights because gravimetric battery energy density has reached roughly 400 Wh/kg, the threshold Elon Musk calculated 12 years ago at which electric flight starts to make sense; this will let electric/hybrid aircraft replace a dead-end conventional jet engine path and revolutionize aviation.
Electric aircraft LONG
Hybrid electric aircraft LONG
HIGH
17:37
Sep 02
Sep 02
TLT
USD 1ST
BND 1ST
CASH 1ST
VT 1ST
▾
HIGH
Treasuries and dollar have no substitute.
Ben argues he is not afraid of a financial crisis from government debt because there is no substitute for US Treasuries and the US dollar is the global reserve currency. In a safety-seeking environment, investors would still buy Treasuries and dollars, and he sees the bigger debt risk as political rather than financial.
TLT LONG
Treasuries and dollar have no substitute.
If a government debt crisis did occur, Treasury yields would spike, inflation would rise, and the US dollar would likely fall hard. The true hedge is to borrow as much money as possible at current rates because inflation would erode the debt; borrowing fixed debt is essentially shorting the US dollar. He mentions gold, Bitcoin, commodities, and euros as possible dollar hedges but favors the borrow-and-short-dollar logic.
USD LONG
Bonds now offer attractive five percent yield.
As of today, bond market index funds like BND or AG yield around 5%, which is the best yield among the main asset classes. Ben notes bonds have beaten stocks in about three and a half of every ten years and currently offer attractive income.
BND LONG
Cash offers most optionality and flexibility.
In a hypothetical choice among $1,000 cash, VT, or bonds, all are worth the same today, but cash gives the most optionality and flexibility because it can be invested in anything. Ben would take cash even though stocks have higher long-term expected returns and bonds have better yield.
CASH LONG
Use global market-cap baseline for diversification.
Global market cap, represented by Vanguard Total World Stock ETF VT, is about 65% US and 35% international. Ben says that is a good baseline for US/international allocation; investors can adjust more US or more international from there. International diversification still has a place because country returns vary by decade, US dominance is not guaranteed, and international stocks have come back recently.
VT LONG
International stocks LONG
Emerging and frontier markets offer early upside.
Duncan frames emerging and frontier markets as getting in early, similar to investing in private companies: high risk, high reward. Ben adds that the US was effectively an emerging market in 1900, supporting the early-stage upside argument.
EEM LONG
Frontier Markets LONG
South Korea and Taiwan ride AI buildout.
AI could level the playing field for international markets. South Korea and Taiwan have become huge players in the AI buildout, and their stock markets have been going nuts—though concentrated in a handful of companies. This demonstrates that international diversification can deliver winners from unexpected places.
EWY LONG
EWT LONG
Diversify into Europe, value, small caps, bonds.
If the AI trade or AI bubble bursts, European stocks are diversifiers because they are not heavily tied to AI, have high dividend yields, and little tech exposure. Value stocks, high-quality dividend/blue-chip strategies, and small/midcaps also have less AI exposure, while bonds would do well because bond yields would likely fall.
VGK LONG
Value stocks LONG
Dividend Stocks LONG
IWM LONG
MDY LONG
Park cash in simple Treasury/cash vehicles.
For emergency funds and shorter-term savings, most good options now yield around 3.5-4%, including USFR, short-term Treasury ETFs, money market funds, high-yield savings accounts, and CDs. After moving off zero, incremental yield differences do not move the needle, so the right move is to pick a simple cash vehicle and avoid chasing teaser rates.
USFR LONG
Short-Term Treasury ETFs LONG
Money market funds LONG
High-Yield Savings Accounts LONG
Certificates of Deposit LONG
HIGH
17:22
Sep 02
Sep 02
CNBC
8h
10-Year Treasury Note
WTI
▾
MED
Bond yields are back to normal.
Yardeni argues global bond yields have returned to pre-Great Financial Crisis normal levels; the abnormal period was central banks rigging short- and long-term interest rates with quantitative easing between the GFC and the COVID crisis. He adds rates may have normalized a little too fast for some investors.
10-Year Treasury Note WATCH
Record Hormuz flows cap oil risk.
Wright says Monday saw record oil flows through the Strait of Hormuz since the Iran conflict began, over 70 million barrels, and adding bypass pipelines meant more oil left the region than pre-conflict. He argues the U.S. Navy and President Trump are removing Iran's ability to hold the global economy hostage by threatening oil exports.
WTI WATCH
MED
17:18
Sep 02
Sep 02
CNBC
8h
AI 1ST
AIQ 1ST
SMH 1ST
DTCR 1ST
CIBR
▾
HIGH
AI adoption is non-negotiable like electricity.
Sam Altman argues that AI is a general-purpose technology comparable to electricity and says it would be approximately as bad for a country to reject AI as it was to reject electricity 100 years ago. He believes every person, business, and society will need this 'new commodity,' and countries that do not embrace AI will constrain their capacity to think, grow, and build.
AI LONG
AI compute demand requires huge infrastructure.
Altman projects token usage is scaling from roughly 100,000 tokens per capita per month to hundreds of billions or more, with the heaviest users reaching 100 quadrillion tokens per month. Even with major efficiency gains, the world will need to build much more AI infrastructure, data centers, and more and better chips to make AI abundant and inexpensive rather than a scarce, highly priced commodity.
AIQ LONG
SMH LONG
DTCR LONG
Cybersecurity risks require urgent action.
Altman warns cybersecurity is a top-of-mind issue and that some things will go very wrong unless governments and companies act urgently; this creates a risk-driven setup for cybersecurity attention and spending.
CIBR WATCH
HIGH
17:11
Sep 02
Sep 02
CNBC
8h
INTC 1ST
???
Tokio Marine
GOOG
BRK.B
▾
HIGH
Tariffs drive US semiconductor manufacturing boom
Lutnick confirms the administration is pursuing semiconductor tariffs where companies that build in America get relief and companies that do not pay tariffs; he cites $1.2 trillion of US semiconductor commitments, a shift from under 2% to 40-50% US production, TSMC's $265B Arizona factory, Micron's $250B memory factories, and expects Intel to succeed.
INTC LONG
SMH LONG
TSM LONG
MU LONG
Long-term hold in Japanese trading houses
Berkshire originally announced just over 5% stakes in Japan's five main trading houses six years ago as a long-term holding and has since built relationships, received approval to exceed 10% in each, and intends to hold the positions for many decades while the trading houses buy back stock, raise dividends, and pursue incremental opportunities with Berkshire.
??? LONG
Tokio Marine is exceptional long-term partner
Berkshire announced a transaction with Tokio Marine that includes a 2.5% quota-share interest in Tokio Marine's underwriting book, a 2.5% interest in the company, and a strategic partnership; Abel calls it an exceptional opportunity and great partnership and says Berkshire would love to pursue transactions that make sense for both sides.
Tokio Marine LONG
AI leadership makes Alphabet attractive long-term
Berkshire initiated and added to Alphabet after seeing AI's impact across its own businesses and concluding Google is a significant player; Abel describes the block equity offering participation as a significant opportunity and says these were fundamental reasons for a substantial investment.
GOOG LONG
Data center energy demand benefits Berkshire
Abel sees energy as the key constraint in the AI data center buildout and says it remains a significant opportunity for Berkshire and Berkshire Hathaway Energy; data centers already represent about 8% of Iowa load and incremental load is coming, with Berkshire prepared to serve hyperscalers under conditions that protect other customers and communities.
BRK.B LONG
Long-term homebuilding despite bumpy road
Berkshire is taking a very long-term view of North American housing, expecting the American dream to persist and Taylor Morrison to become a strong asset over five to ten years; Abel sees no immediate recovery or hockey stick and expects a bumpy road, but says it is an industry Berkshire definitely wants to be invested in for the long term.
TMHC LONG
US Homebuilders LONG
Data centers create huge local economic wins
Lutnick argues that data centers create huge economics for surrounding communities and that criticism of their water use is propaganda by adversaries meant to slow the US down; he says communities that invite data centers will win and be better off.
DTCR LONG
Canada underperforms due policies and leadership
Lutnick argues Canada is the worst-performing OECD economy and underperforms because it lacks the right tools, regulation, and leadership; he says Ontario/Toronto would rank last among the 51 states per capita and that Canada is being used politically in the trade fight.
EWC AVOID
Treasury yields should stabilize and decline
Lutnick expects the bond market to stabilize better than people imagine because restored tariffs will generate $300B-400B a year, reduce the budget deficit, lift GDP growth back above 3%, and the Iran economic pressure will be effective; he expects rates to stabilize and decline over the next six months.
TLT LONG
Rare earths are strategic decoupling beneficiaries
Lutnick says critical minerals and rare earths are a key way for the United States to separate from China because China is weaponizing them against the US economy; domestic rare earth and magnet companies are strategically important.
REMX LONG
HIGH
16:53
Sep 02
Sep 02
CNBC
8h
Jefferies’ David Zervos on bonds: Good levels for long-term investors to get involved in bond market
WTI
TLT 1ST
▾
HIGH
Oil likely drops sharply when conflict ends
David Zervos agrees with Treasury Secretary Bessent that oil is likely to fall, probably sharply, as the Iran conflict ends. He is hopeful the conflict ends and takes comfort in the Secretary's confidence, though he notes timing is uncertain.
WTI SHORT
Bonds are buy for long-term investors
David Zervos says current levels are good for long-term investors to get involved in the bond market. He argues the rise in yields is about rising real rates from a large capital call and expected future productivity growth, not inflation expectations, Fed credibility, dollar collapse, or chaos. He also says the long-run impacts of this investment are highly disinflationary, and rate-hike excitement is overblown, even if yields could break a little higher first.
TLT LONG
HIGH
16:50
Sep 02
Sep 02
CNBC
8h
CVX
▾
HIGH
Chevron Venezuela project accretive low-cost growth
Chevron is investing $7 billion through three Venezuelan joint ventures to triple production to over 600,000 barrels per day by 2031. New Venezuelan petroleum law terms have improved taxes, royalties, and legal frameworks, making returns competitive with Chevron's global alternatives; costs are under $20 per barrel because Chevron's existing infrastructure is in good shape, and the project will be accretive to free cash flow for Chevron shareholders.
CVX LONG
HIGH
16:50
Sep 02
Sep 02
CNBC
8h
WTI
▾
MED
Tariff resolution would grow Canadian oil exports.
Alberta already supplies about 4 million barrels a day of crude to U.S. refiners, which helps keep U.S. gasoline cheap. Smith says Alberta wants to sell more oil, but reaching those conversations requires an overarching U.S.-Canada trade agreement and an end to the tariff fight, so a resolution would open room for more Canadian oil exports.
WTI WATCH
MED
Choose Sources
Loading sources...