Markets Brief

Monday, July 6, 2026

Last updated 5:08 AM PT

Market Value

$212,353.25

Cost $239,993.08

Day's Gain

$0.00

0.00%

Total Gain

-$27,639.83

-11.52%

AI semis & memory

MU

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$4,718.90
Total Gain %
-7.46%

Qty # 60 · Last Price $975.41 · Value $58,524.60 · Total Cost $63,243.50

Semis are catching a bid, but MU is about HBM pricing, DRAM discipline, and AI server demand soaking up high-value bits. Stay long and buy weakness in pieces, because the position is down but the trade is still on if memory margins keep expanding.

AI buildout — fiber, storage, power

SNDK

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$5,325.00
Total Gain %
-23.38%

Qty # 10 · Last Price $1,745.00 · Value $17,450.00 · Total Cost $22,775.00

Memory is the AI buildout’s most cyclical leg, and that Axios headline is the tell: a boom can crush margins when supply outruns data-center storage demand. At $1,745 with the position down 23%, buy weakness in pieces, don’t chase flat tape, and trim rips until management proves tight capex discipline and real pricing power.

Other holdings

AMAT

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$1,681.90
Total Gain %
-5.28%

Qty # 50 · Last Price $603.04 · Value $30,152.00 · Total Cost $31,833.90

Semicap equipment first: Burry's AI short headline pressures the crowded Nvidia/Micron complex, but AMAT's real read-through is capex durability, HBM tooling, and foundry logic spend. Down 5.28% in the position, I'd stay long and buy weakness in pieces if wafer-fab orders and China exposure hold up; own it, don't trade it.

AMD

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$1,185.20
Total Gain %
-10.27%

Qty # 20 · Last Price $517.82 · Value $10,356.40 · Total Cost $11,541.60

Semis first: Macquarie says the trade is on in Chinese AI chips, but that is not AMD demand and it flags tougher local-China competition. For AMD, I stay long but buy weakness only in pieces until MI-series margins, HBM supply, and CoWoS capacity show real share gains against Nvidia.

BE

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$1,833.30
Total Gain %
-18.41%

Qty # 30 · Last Price $270.89 · Value $8,126.70 · Total Cost $9,960.00

Power infrastructure/fuel cells: these headlines are not BE, they're bloom-the-flower noise, so there is zero fundamental signal here. At a down 18% position, I'd not average down on fluff; make Bloom prove margins, backlog conversion, and data-center power demand, then buy weakness in pieces.

GEV

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$597.25
Total Gain %
2.19%

Qty # 25 · Last Price $1,113.11 · Value $27,827.75 · Total Cost $27,230.50

Power equipment is still the right sector: grid demand, gas turbines, and electrification capex keep GEV in the sweet spot even without fresh headlines. I’d stay long, but after a 2.19% position gain I’d only add on real weakness because this kind of quality can still get punished if margins or backlog conversion disappoint.

INTC

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$1,810.99
Total Gain %
-9.12%

Qty # 150 · Last Price $120.35 · Value $18,052.50 · Total Cost $19,863.49

Semis are getting bid, but Intel still has to prove foundry margins, capex discipline, and real customer wins before this becomes more than a premarket headline name. At $120.35 with the position down 9.12%, I’d keep it small, buy weakness only in pieces, and demand execution before calling the trade on.

MRVL

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$5,711.90
Total Gain %
-20.56%

Qty # 90 · Last Price $245.29 · Value $22,076.10 · Total Cost $27,788.00

Semis are the story, and MRVL has no fresh catalyst today, so at $245.29 with the position down 20.56%, this is a prove-it hold, not a chase. I’d stay long only if you still believe AI custom silicon, optical, and data-center networking can lift margins; otherwise trim strength and redeploy into cleaner capex winners.

SPCX

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$95.81
Total Gain %
-22.82%

Qty # 2 · Last Price $162.00 · Value $324.00 · Total Cost $419.81

Space is the sector, but this is really infrastructure: Falcon 9 reuse, Starlink cadence, and chip-test payloads point to scale and lower unit launch costs. Down 22.82%, I would keep it small and buy weakness in pieces, because Nasdaq-100 chatter is noise while capex and semiconductor supply-chain pinch points decide the margins.

TSM

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$844.80
Total Gain %
-8.87%

Qty # 20 · Last Price $434.16 · Value $8,683.20 · Total Cost $9,528.00

Semis first: TSM is still the AI toll road, and these advisor-position headlines are noise, not fundamentals. I’d own it, don’t trade it, because CoWoS, HBM packaging pull-through, and leading-edge wafer demand matter more than one wealth shop trimming while another adds, booyah.

WDC

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$5,029.28
Total Gain %
-31.81%

Qty # 20 · Last Price $539.00 · Value $10,780.00 · Total Cost $15,809.28

Semis are catching a relief bid as chip shares recover and oil eases, but WDC still has to prove the storage cycle has pricing power, margin leverage, and AI demand behind it. Down 31.81% in the position, I would not chase $539; buy weakness in pieces only if margins and cloud demand keep improving.

Watchlist

CBRS

CEREBRAS SYSTEMS INC COM CL A

$204.86 $0.00 (0.00%)

No fresh headlines and a flat print at $204.86 means CBRS is a watchlist wait, not a chase. I want a real catalyst: margin expansion, demand acceleration, or sector spending opening up before saying the trade is on.

GLW

CORNING INC COM

$196.79 $0.00 (0.00%)

No fresh headlines means no chase; GLW is an optical and specialty-glass read, so watch AI data-center demand, display pricing, and margin flow-through. I like it only if orders stay clean and capex converts to earnings, because this sector rewards real infrastructure pull and punishes lumpy customers.

GOOGL

ALPHABET INC CAP STK CL A

$359.91 $0.00 (0.00%)

Mega-cap tech says Dow inclusion is validation, not a thesis; for GOOGL the setup is AI capex discipline, Cloud margin leverage, and Search pricing power. I like it on weakness, but the trade is on only if Gemini and infrastructure spend widen the moat without chewing up free cash flow.

IRDM

IRIDIUM COMMUNICATIONS INC COM

$53.75 $0.00 (0.00%)

Satellite services are infrastructure, not a momentum toy; the Aireon close makes IRDM a cleaner aviation-data and PNT story if management turns added revenue into margin, not complexity. Watch integration costs, leverage, and customer concentration, because at $53.75 with no move today the setup only works if free cash flow improves without capex creep.

LITE

LUMENTUM HLDGS INC COM

$728.32 $0.00 (0.00%)

No fresh tape, so the setup is unchanged: this is an optical-infrastructure watch, not a chase, and I want proof AI data-center demand is lifting orders and gross margins. Watch customer concentration and high-speed optical supply; if those clean up, I like this name on weakness, booyah.

PLTR

PALANTIR TECHNOLOGIES INC CL A

$129.30 $0.00 (0.00%)

AI defense is the hottest enterprise lane, and a Nvidia alliance gives PLTR more credibility in national security workloads where budgets are real and margins can stay fat. Watch contract conversion, commercial AIP growth, and Nvidia supply-chain access; at $129 this stock needs proof, so buy weakness in pieces.

PWR

QUANTA SVCS INC COM

$668.31 $0.00 (0.00%)

The grid is the backbone of the AI buildout and Quanta Services remains the undisputed king of infrastructure deployment. I like this name here because the backlog is massive and the demand for high-voltage transmission is not going anywhere.

Q

QNITY ELECTRONICS INC COMMON STOCK

$141.75 $0.00 (0.00%)

No fresh headline, no catalyst, no chase. Keep Q on the screen for margin strength, capex discipline, and demand color; flat at $141.75 says watch it, don’t buy the boredom.

RDDT

REDDIT INC CL A

$194.67 $0.00 (0.00%)

Digital ads are a scale-and-data game, and Reddit must keep proving ad pricing, AI licensing, and margins can rise without hurting engagement. No fresh headline means no new catalyst; I’d watch pullbacks, not chase a flat no-news print.