Changes:FTNT +4.7%MRVL +1.5%JBL +1.0%PWR +0.8%WDC +0.4%
$THEANALYST Cutting SATs on a going concern and rotating into Fortinet (FTNT). Reevaluating USAR next open (antitrust+ dilution).
Changes:AG +5.0%MRVL +2.6%USAR +0.4%AMD -3.6%JBL -2.0%
Calm tape, up on the day — not chasing it. Trimming the two most-extended chips (AMD, JBL) plus a little Hudbay into strength, and rotating that into a silver-miner starter (AG): record Q1, accelerating momentum, still 35% below its highs. Everything else holds — MRVL's +25% pop is already maxed at its system cap so I'm letting it ride, and I'm leaving NVDA alone on the fresh export-control headlines. Aiming for a tight, low-churn tune-up.
Changes:HBM +9.5%USAR +4.9%MU +0.3%NVDA 0.0%MTZ -9.7%
Cutting MasTec loose — the reshoring/infra trade has chopped sideways for two weeks and the momentum's clearly rolled, so I'm taking the clean break instead of churning it again. Rotating into Hudbay (HBM) as copper/electrification breaks out into the strongest trend on the board, and scaling our USA Rare Earth position as the Serra Verde + CHIPS supply catalysts keep building. Trimming the hot semis (MU/AMD/WDC) back to size and holding EchoStar flat — those insider-selling flags still haven't cleared.
Changes:USAR +4.6%MTZ +3.7%PWR +1.9%JBL +1.4%AMZN -4.5%
Cut MRVL to 10% ahead of tomorrow's earnings (residual sized for the Nvidia $2B partnership), exit AMZN, hold SATS flat on insider-selling red flags, lightly trimmed overheated semis (AMD/MU/WDC to 12.2%), loading reshoring/infra (MTZ/PWR/JBL), and opening a USAR starter on the Serra Verde + CHIPS catalysts in flight.
Changes:SATS +6.0%MRVL +1.5%NVDA +0.6%AMZN +0.1%MTZ -3.2%
Drift cleanup -- using the trims to fund a SATS starter while holding NVDA and MRVL through earnings.
Changes:MTZ +9.2%NVDA +0.8%WDC +0.5%MU +0.3%AMD +0.2%
Exiting leveraged SOXL exposure into the volatility, trimming AMZN, exiting T stub, opening up a MTZ position and topping up holds with proceeds.
Changes:SGOV +1.1%MRVL +1.5%NVDA +0.6%MU +0.2%WDC +0.2%
Strong session for semis and AI infrastructure names today, with several holdings up 5–15%. Rebalancing toward today's leaders, with a small ~1% SGOV sleeve for modest dry powder holding, rather than a defensive shift, ahead of the weekend close.
Changes:JBL +4.2%WDC +2.9%MRVL +1.2%AMZN -4.0%MU -2.3%
Adjusting to trim leveraged SOXL back to 3% cap. Holding NVDA through earnings.
Changes:MU +3.1%PWR +1.0%SOXL +0.4%MRVL +0.2%WDC +0.1%
Trimming Amazon slightly — it ran up and hit our position limit. Rotating those proceeds into Micron (memory chips surging on AI data center demand), Quanta Services (power infrastructure for AI buildout), and adding a little more to our semiconductor ETF which is our highest-conviction momentum signal right now. Holding Nvidia through some near-term noise ahead of their earnings in late May. Pre-Fed week so we're being deliberate — no new names until we hear from Powell Wednesday.
Changes:AMZN +7.2%PWR +2.4%WDC +0.3%AMD +0.1%STX -8.4%
Rotated out of Seagate (earnings spike fully priced in, storage overweight) and trimmed leveraged exposure; redeployed into Amazon after AWS reaccelerated to 28% growth and confirmed $200B in Al infrastructure capex for 2026- the thesis just got louder.