Friday, July 24, 2026
Last updated 3:06 PM PT
Market Value
$187,812.59
Cost $239,993.08
Day's Gain
-$12,523.24
-6.25%
Total Gain
-$52,180.49
-21.74%
Memory is still the AI bottleneck, and Micron’s HBM cycle, DRAM pricing power, and capex discipline matter more than today’s ugly 6.99% hit. I like this name here: buy weakness in pieces, own it, don’t trade it, and make margins earn back that 12.63% drawdown.
Storage first: NAND is becoming the AI battleground, but these headlines give no margins, pricing, capex, or customer proof to justify leaning into SNDK after a -10.79% hit. I would stop adding, keep the position sized small, and demand real enterprise SSD pricing strength before buying weakness in pieces.
Semicap equipment is getting hit with no fresh company news, so I read this as capex multiple pressure, not a thesis-changing AMAT event. Stay disciplined: own it only if foundry, DRAM, and HBM-related spend can protect orders and margins, but I’d add only in pieces because China exposure and customer capex cuts can still bite.
AI compute is still the sector to own, and AMD’s Florence EPYC roadmap plus the Cerebras inference tie-up say the story is broadening beyond GPUs into CPUs, memory, and systems. At $521.95 with the position down 9.55%, I’d buy weakness in pieces, not chase, because the trade is on if AMD can convert inference demand while HBM, CoWoS, and power stay tight.
That headline is noise, not Bloom Energy news; the real issue is confidence in orders, margins, cash burn, and whether fuel-cell demand can scale. I would not average down blindly at -44%; make BE prove the fundamentals first, then buy weakness in pieces only if orders and gross margins turn.
Power equipment is still the right sector: grid buildout, gas turbines, and electrification demand keep GEV in the secular winners column even on a red tape day. No fresh headline means no new reason to sell; own it, don't trade it, and buy weakness in pieces.
Semis are punishing weak stories, but Intel just delivered a real Q2 beat and upbeat Q3 guide. I’d buy weakness only in pieces here, because the trade is on only when margins and foundry capex discipline keep improving.
Semis first: MRVL is being sold as a funding source in AI networking and custom silicon, and with no fresh headline the issue is multiple compression, not a busted optical or hyperscale capex story. Stay long the core, do not add until margins and AI design-win revenue prove out, and trim size if this 37% drawdown is crowding the book.
Space is binary-event tape today, and Starship delays hit SPCX because the market is questioning cadence, reliability, and how fast Falcon cash flow can fund the next leg. At down 45% in the position, I would not chase strength after a test pop; buy weakness only in pieces and demand launch execution before getting bigger.
Semis are getting hit, but TSM is still the toll booth for AI chips unless CoWoS capacity, gross margins, or big-customer demand crack. At -15%, I’d own it, don’t trade it: add only in pieces on weakness and watch capex discipline like a hawk.
Storage is the sector, and this is no longer a sleepy NAND cycle: AI demand, tight supply, and pricing power have made the trade explosive. For Other holdings, I’d trim rips and only buy weakness in pieces, because margins can roar when supply stays disciplined but this multiple gets hit fast if NAND capacity comes back.
ADVANCED MICRO DEVICES INC COM
$521.95 -$17.74 (-3.29%)
Semis are still the AI capex battleground, and AMD’s pullback after a monster 2026 run is about HBM supply, CoWoS access, and whether MI-series margins can scale. The trade is on, but watch datacenter orders and gross margin leverage before chasing a stock UBS says still has room.
BROADCOM INC COM
$381.92 -$10.55 (-2.69%)
AVGO is still an AI infrastructure kingpin: custom silicon, networking, and VMware margin lift matter more than one red tape day. Watch HBM, CoWoS, hyperscaler capex, and VMware integration; I like it on real weakness, not as a chase.
BLOOM ENERGY CORP COM CL A
$184.89 -$32.41 (-14.91%)
Energy security is hot, but BE is getting hit like high-multiple clean tech, not oil leverage. Watch margins, backlog conversion, and grid-power demand; I like the theme, but the trade is only on if financing and execution hold up.
CEREBRAS SYSTEMS INC COM CL A
$199.12 -$20.88 (-9.49%)
AI systems is the right sector and AMD validation matters, but a 9.5% hit says the market wants Helio revenue, not headlines. Watch orders, gross margin durability, and HBM/CoWoS access; CBRS is a buy-on-proof watchlist name, not a chase.
CORNING INC COM
$146.65 -$9.41 (-6.03%)
Specialty glass and optical are getting sold hard, and a 6% drop says investors want proof that AI data-center fiber demand and pricing can carry margins through display or auto softness. Watch optical orders, margin flow-through, and capex discipline; I would buy weakness only after earnings confirm the setup, not because the stock is red.
ALPHABET INC CAP STK CL A
$319.74 $2.05 (0.65%)
Internet megacap setup is still AI capex versus margin durability, and Alphabet’s bigger spending plan keeps the stock in a prove-it box despite the green tape. I’d watch Cloud growth, Search ad pricing, and whether TPU/data-center spend turns into revenue fast enough; if margins hold, I like this name here on weakness, not after a chase.
IRIDIUM COMMUNICATIONS INC COM
$45.78 -$1.86 (-3.90%)
This is space-sector tape noise, not an IRDM thesis changer: the Rocket Lab headline does not give you an Iridium fundamental read. Watch service revenue, IoT net adds, free cash flow, and direct-to-device partnerships; I like it only if those numbers beat the launch-stock hype.
LUMENTUM HLDGS INC COM
$762.99 -$70.65 (-8.47%)
Optical has no room for air pockets when the tape is this hot, and an 8.5% drop with no fresh headline says valuation got checked. Watch AI datacenter orders, margins, and customer concentration; without proof of CoWoS-adjacent demand pulling through, the trade is not on yet.
LAM RESEARCH CORP COM NEW
$305.21 -$14.57 (-4.56%)
Semicap is under pressure, and that Laramide uranium headline is not an LRCX read-through, so judge this drop on memory capex, HBM demand, margins, and China tool restrictions. I like the setup only on weakness if wafer-fab orders hold up; do not chase it until DRAM and NAND spend confirm the trade is on.
NVIDIA CORPORATION COM
$206.84 -$1.92 (-0.92%)
This is Mag 7 de-risking, not an Nvidia thesis break: AI capex, HBM, CoWoS, and power availability still decide the next leg. Watch hyperscaler spend and supply-chain tightness; if those stay firm, I like NVDA on weakness, but don’t chase it.
PALANTIR TECHNOLOGIES INC CL A
$122.92 -$0.45 (-0.36%)
This is AI software, and the earnings setup is about whether AIP demand can keep outrunning the multiple; at $122.92, a tiny red day does not change the story, but the bar is sky high. Watch commercial customer growth, remaining performance obligations, margin durability, and whether government strength is masking slower enterprise traction; great company, expensive stock.
QUANTA SVCS INC COM
$625.84 -$27.96 (-4.28%)
Power infrastructure is still the secular setup: grid hardening, data-center power, transmission backlogs, and utility capex are the drivers for Quanta. With no fresh headline behind a 4% slide, watch backlog and margins; if they hold, this is weakness to stalk, not a broken story.
QNITY ELECTRONICS INC COMMON STOCK
$135.06 -$3.60 (-2.60%)
Electronics supply chain first: a BNY Mellon stake bump is a confidence marker, not a thesis, and today’s slide says the market wants real margin and demand proof. Watch bookings, customer concentration, and any HBM/CoWoS or optical exposure; without that, Q stays a watchlist name, not a booyah name.
REDDIT INC CL A
$168.73 -$0.05 (-0.03%)
Internet ads and AI search are the battleground, and Alphabet uncertainty puts the spotlight on Reddit’s traffic funnel. RDDT at $168 needs proof that licensing and ad monetization can outrun Google referral risk; chase nothing here, watch margins.
SILICON MOTION TECHNOLOGY CORP SPONSORED ADR
$270.90 -$18.18 (-6.29%)
This is a materials headline, not a clean SIMO semiconductor read-through, so don’t force the signal. Watch chrome supply ambitions and the Glencore-Merafe angle; if that is the real driver behind the tape, the trade is on in metals, not controllers.
TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS
$403.41 -$12.17 (-2.93%)
Semis are taking a hit, but TSM is still the toll road for AI silicon, HBM packaging, and CoWoS capacity. Watch capex discipline and big customer demand first; this pullback does not break the setup, it makes the next earnings guide the whole ballgame.