2026

Overall market trend: Bearish phase – day 1

Fridays market: Money leaving the market – normal selling pressure

TC2000 McClellan: -14

Stocks above 40PMA: 48

VIX: 17

52 week highs (US common stocks): 313

Seasonality: August in a midterm year tends to be choppy/flat-to-negative August, elevated volatility running into the fall, with the worst of the pullback tending to resolve before year-end — followed by the strongest 12 months of the whole four-year cycle in the year after the midterm.

There’s also a well-known pattern (cited by Carson Investment Research and others) that the deeper drawdowns typical of midterm years often bottom out around August, ahead of a rally into and after the election.

Indices:

$SOXX Downtrend

$QQQ: No trend

$SPY: No trend

$DIA: No trend

$IWM: Downtrend

$BTC: Downtrend

$SQQQ: No trend

$UVIX: No trend

$TLT: Downtrend

$GLD: No trend

$SLV: No trend

$SLX: Uptrend

1%+ sectors Friday:

$XLY +3.29%
$RTH +2.96%
$XTL +1.57%
$IGV +1.36%
$HACK +1.20%
$XLE +1.00%

1%- sectors Friday:

$XLB -2.34%
$IBB -1.87%
$JETS -1.26%
$TAN -1.02%

Main sectors monthly trailing:

Leading – $XLF $XLE
Lagging – $XLK $XLI

Sub sectors monthly trailing:

Leading – $RTH $IGV
Lagging – $SMH $TAN

Bitcoin: Under the 200sma at 62k ish

Themes:

Cybersecurity

Infrastructure

Cloud Computing

Semiconductors

Software

Top thematic stocks:

AI Infrastructure Supercycle — Chips, Memory & Power

NVDA	NVIDIA Corp.	GPU / AI Chips	~$5.2T	+13.7%	Q1 FY27 rev $81.6B (+85%); Data Center +92% YoY; Q2 guide $91B	STR BUYPT $301
AMD	Advanced Micro Devices	GPU / AI Chips	~$380B	+141.8%	Q2 earnings Aug 4; rev est. $11.2B (+46%); $5B Anthropic investment	STR BUYPT est. $250+
AVGO	Broadcom Inc.	Custom AI Silicon	~$1.6T	+~12%	AI semi rev Q2 $10.8B (+143%); Q3 guide $16B (+200%); Samsung $200B MOU	STR BUYPT $527
MSFT	Microsoft Corp.	AI Cloud / Enterprise	~$2.8T	-20.7%	Azure +40%; AI run rate $37B; RPO $627B; 90% probability of Q2 beat	BUYPT $557
PLTR	Palantir Technologies	AI Platform / Gov	~$270B	-27%	Q2 earnings Aug 3; est. rev $1.81B (+81%); 8 consecutive EPS beats; DIA contract	BUYPT $181
CRWV	CoreWeave Inc.	AI Cloud / Neocloud	~$30B	~-25%	Truist Buy upgrade; Leidos defense cloud deal; Meta $21B GPU contract; earnings Aug 11	BUYPT $140
VRT	Vertiv Holdings	Data Center Infra	~$100B	+71%	Q1 rev +30%; Americas organic +44%; backlog $15B; book-to-bill 2.9x	STR BUYPT $377
ETN	Eaton Corp.	Power Infrastructure	~$165B	+29%	Purest electrical infra play; switchgear/thermal mgmt; Q2 earnings data center order watch	BUYPT $480+
CAT	Caterpillar Inc.	Power Generation	~$438B	+53.3%	Power Gen +41% YoY; record backlog; data center gensets; Q1 EPS beat 19%	HOLD/BUYPT $962
ORCL	Oracle Corp.	AI Cloud / Database	~$380B	~flat	Google Gemini integration; AI cloud rev growth; Piper Sandler cloud upside call	BUYPT est. $170+
MRVL	Marvell Technology	Custom Networking Chips	~$80B	+est. +60%	AI networking silicon; custom ASIC design for hyperscalers; data center growth	BUYPT est. $100+
INTC	Intel Corp.	Semiconductor / Foundry	~$150B	+226%	Foundry recovery; AI chip ramp; massive YTD momentum; Q2 earnings watch	HOLDPT est. $35+
CEG	Constellation Energy	Nuclear / Data Ctr Power	~$85B	+est. +50%	Data centers projected 12% of US power by 2028; nuclear PPA deals with hyperscalers	BUYPT est. $270+
SMCI	Super Micro Computer	AI Server Systems	~$30B	+est. +80%	GPU server demand; NVIDIA rack integration; audit resolution tailwind	BUYPT est. $60+
NET	Cloudflare Inc.	AI Edge / Security	~$90B	~+est.	Scotiabank upgrade; AI inference edge delivery; enterprise AI platform expansion	BUYPT est. $300+
⬦ Theme ETFs
SOXX	iShares Semiconductor ETF	Semiconductor Basket	—	+85.7%	Broadest semi exposure; includes NVDA, AMD, AVGO, INTC, MRVL	—
SKYY	First Trust Cloud Computing ETF	AI Cloud Basket	—	~flat	CRWV, NET, ORCL, SNOW; concentrated in AI infra names	—
VPN	Global X Data Center REITs & Digital Infra	Data Center REIT	—	—	Targets data center REITs and digital infrastructure operators	—

What type of market are we in: Choppy

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: No

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: Choppy conditions remain with very few setups for my style of trading. Focus EP9 millions and WSS.

Todays watchlist: $VRT $PSN $TDOC all possible WSS

$APP short 16/07/2026

Entry price – 442.57

SL – 446

Risk – 3 bucks 43 cents

Time of entry – 15:18

Catalyst / setup – WSS, report advert rollout not performing as expected on Monday which caused the 1st leg down allowing for WSS setup to form.

WSS on daily reversed at 50% reclaim & stalled on the 5 min chart which was my entry

Result – Still running, scaled 50% @ 436.15 and another 50% @ 431.59, scaled 66% of runner @ 400.85 on 27/07/2026 making xxx% profit approx with free runner left on

$META long 30/07/2026

Entry price – 529.71

SL – 523

Risk – 6 bucks 71 cents

Time of entry – 15:05

Catalyst / setup – SIP (stock in play): Gapping down 9% after earnings, the earnings we’re actually quite good but skewed by “The miss was driven by $2.40 billion in charges “related to legal proceedings” and $1.18 billion in severance tied to the May 2026 layoff of ~8,000 employees.”

“The headline “miss” is almost entirely an optics function of two disclosed, non-recurring charges. Strip them out and the quarter’s underlying profitability would have modestly beaten consensus. This is a textbook case of EPS optics requiring decomposition before drawing a conclusion about operational deterioration.”

Based on the above low risk entry expecting it to get bought. Catalyst news related gap down probably over done.

Result – Still running, scaled 50% after 1% move at @ 535.48 and another 50% @ 538.40, didn’t reach 2% scale by the close but as 24 hour market scaled early as after hours markets can be choppy. Free runner still running trade currently at approx 120% profit.

SA 31/07/2026

Overall market trend: Bullish phase – day 1

Yesterdays market: Money entering the market – high buying pressure

TC2000 McClellan: -14

Stocks above 40PMA: 48

VIX: 17

52 week highs (US common stocks): 313

Seasonality: July in a midterm year tends to be choppy-to-soft rather than the seasonally strong July you’d see in other cycle years — it’s typically still inside the corrective phase, with the actual bottom more often forming in the August–October window, just ahead of the midterm elections themselves.

Indices:

$SOXX Downtrend

$QQQ: Downtrend

$SPY: No trend

$DIA: No trend

$IWM: Downtrend

$BTC: Downtrend

$SQQQ: Uptrend

$UVIX: No trend

$TLT: Downtrend

$GLD: No trend

$SLV: No trend

$SLX: Uptrend

1%+ sectors yesterday:

$SMH +6.88%
$XLK +5.50%
$TAN +4.53%
$XTL +2.85%
$JETS +2.29%
$HACK +1.58%
$IGV +1.02%

1%- sectors yesterday:

$XLP -2.16%
$XLV -1.64%
$IYT -1.03%

Main sectors monthly trailing:

Leading – $XLF $XLE
Lagging – $XLK $XLY

Sub sectors monthly trailing:

Leading – $HACK $IGV
Lagging – $SMH $TAN

Bitcoin: Under the 200sma at 64k ish

Themes:

Cybersecurity

Infrastructure

Cloud Computing

Semiconductors

Software

Top 15 + 15 thematic stocks:

AI Infrastructure Supercycle — Chips, Memory & Power

Ticker	Company	Sector/Industry	Mkt Cap	YTD Ret.	Key Catalyst	Analyst View
NVDA	NVIDIA Corp	Semiconductors — AI GPUs	$3.4T	+13%	Blackwell ramp; $81.6B Q1 rev; Rubin platform late-2026	Strong Buy \| PT ~$255
AMD	Advanced Micro Devices	Semiconductors — AI GPUs	$328B	+130%	MI400/450 ramp; $60B Meta MI400 deal; OpenAI 5-yr MI450 contract	Buy \| PT ~$250
AVGO	Broadcom Inc	Semiconductors — Networking/ASICs	$1.1T	+8%	Custom AI ASIC wins; AI revenue doubling; 10th Gen XPUC	Strong Buy \| PT ~$310
MU	Micron Technology	Memory — HBM/DRAM/NAND	$1T+	+700% (12mo)	Q4 FY26 guidance $50B (~20% beat); HBM3E market leader (ex-SKH)	Buy \| PT ~$1,400
SKHYV	SK Hynix (ADR)	Memory — HBM Leader	$1.3T	IPO 7/10	Nasdaq debut; 56.4% HBM market share; Q1 rev +198% YoY	Strong Buy \| PT ~$180
SNDK	SanDisk Corp	Memory — NAND/SSD	Large	+2,200% (since IPO)	AI storage demand; WDC spinoff trades at <1× future EPS at IPO	Buy consensus
ASML	ASML Holding	Semicon Equipment — EUV Lithography	~$375B	+38% est.	Q2 2026 earnings this week; EUV backlog capacity constrained	Buy \| PT ~$1,100
AMAT	Applied Materials	Semicon Equipment	~$200B	+25% est.	Gate-all-around demand; HBM stack deposition	Buy \| PT ~$260
LRCX	Lam Research	Semicon Equipment — Etch/Deposition	~$130B	+30% est.	HBM layer etch intensity; NAND recovery cycle	Buy \| PT ~$1,150
MRVL	Marvell Technology	Networking/Custom Silicon	~$90B	+40% est.	AI interconnect; custom ASIC design wins at hyperscalers	Buy \| PT ~$105
GEV	GE Vernova	AI Power Infrastructure — Gas Turbines	~$130B	+60%+	110 GW gas turbine backlog by YE26; raised ’26 revenue to $44.5-45.5B	Buy \| PT ~$1,212
VRT	Vertiv Holdings	Data Center Power/Cooling	~$45B	+106%	Q1 rev +30% YoY; data center cooling surge; 34%+ EPS growth	Mod. Buy \| PT ~$326
CAT	Caterpillar Inc	Industrials — Prime Power Gensets	~$491B	+81%	Power Gen rev +41% YoY; $2.82B Q1; largest AI data center genset supplier	Buy \| PT ~$1,200
TSM	Taiwan Semiconductor	Semiconductors — Foundry	~$1T	+30% est.	Q2 2026 earnings this week; N2 ramp; NVDA/AMD sole-source fab	Buy \| PT ~$250
CCJ	Cameco Corp	Uranium Mining	~$22B	+13%	Q1 EPS beat by 38%; 230M lbs LT contracts; 49% Westinghouse stake	Buy \| PT ~$132
SMH	VanEck Semiconductor ETF	ETF — Semiconductor basket	ETF	+70%	Broad chip exposure; 0.35% ER; top-10 includes AMD/AVGO/MU/TSM/NVDA	—
PSI	Invesco Semiconductors ETF	ETF — Equal-weight semis	ETF	+104%	Momentum/quality factor tilt; overweight memory/equipment vs SMH	—
DRAM	Roundhill Memory ETF	ETF — Memory-focused	ETF	High	SK Hynix, Micron, SanDisk concentrated play on HBM cycle	—

What type of market are we in: Choppy

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: No

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: Choppy conditions remain with no setups for my style of trading. 20% study now reading normal numbers bullish & bearish. Is this just a short term bounce or something more.

Todays watchlist: Nothing at the moment

SA 30/07/2026

Overall market trend: Bearish phase – day 1

Yesterdays market: Money leaving the market – very high selling pressure

TC2000 McClellan: -11

Stocks above 40PMA: 48

VIX: 21

52 week highs (US common stocks): 330

Indices:

$SOXX Downtrend

$QQQ: Downtrend

$SPY: Downtrend

$DIA: Downtrend

$IWM: Downtrend

$BTC: Downtrend

$SQQQ: Uptrend

$UVIX: Uptrend

$TLT: No trend

$GLD: No trend

$SLV: No trend

$SLX: Uptrend

1%+ sectors yesterday:

$XLK +1.66%
$IGV +1.28%
$IBB +1.12%
$TAN +1.09%

1%- sectors yesterday:

$XTL -3.63%
$HACK -1.73%
$IYT -1.39%

Main sectors monthly trailing:

Leading – $XLF $XLE
Lagging – $XLK $XLY

Sub sectors monthly trailing:

Leading – $RTH $IGV
Lagging – $SMH $TAN

Bitcoin: Under the 200sma at 64k ish

Themes:

Cybersecurity

Infrastructure

Cloud Computing

Semiconductors

Software

Top 15 + 15 thematic stocks:

AI Infrastructure Supercycle — Chips, Memory & Power

Ticker	Company	Sector/Industry	Mkt Cap	YTD Ret.	Key Catalyst	Analyst View
NVDA	NVIDIA Corp	Semiconductors — AI GPUs	$3.4T	+13%	Blackwell ramp; $81.6B Q1 rev; Rubin platform late-2026	Strong Buy \| PT ~$255
AMD	Advanced Micro Devices	Semiconductors — AI GPUs	$328B	+130%	MI400/450 ramp; $60B Meta MI400 deal; OpenAI 5-yr MI450 contract	Buy \| PT ~$250
AVGO	Broadcom Inc	Semiconductors — Networking/ASICs	$1.1T	+8%	Custom AI ASIC wins; AI revenue doubling; 10th Gen XPUC	Strong Buy \| PT ~$310
MU	Micron Technology	Memory — HBM/DRAM/NAND	$1T+	+700% (12mo)	Q4 FY26 guidance $50B (~20% beat); HBM3E market leader (ex-SKH)	Buy \| PT ~$1,400
SKHYV	SK Hynix (ADR)	Memory — HBM Leader	$1.3T	IPO 7/10	Nasdaq debut; 56.4% HBM market share; Q1 rev +198% YoY	Strong Buy \| PT ~$180
SNDK	SanDisk Corp	Memory — NAND/SSD	Large	+2,200% (since IPO)	AI storage demand; WDC spinoff trades at <1× future EPS at IPO	Buy consensus
ASML	ASML Holding	Semicon Equipment — EUV Lithography	~$375B	+38% est.	Q2 2026 earnings this week; EUV backlog capacity constrained	Buy \| PT ~$1,100
AMAT	Applied Materials	Semicon Equipment	~$200B	+25% est.	Gate-all-around demand; HBM stack deposition	Buy \| PT ~$260
LRCX	Lam Research	Semicon Equipment — Etch/Deposition	~$130B	+30% est.	HBM layer etch intensity; NAND recovery cycle	Buy \| PT ~$1,150
MRVL	Marvell Technology	Networking/Custom Silicon	~$90B	+40% est.	AI interconnect; custom ASIC design wins at hyperscalers	Buy \| PT ~$105
GEV	GE Vernova	AI Power Infrastructure — Gas Turbines	~$130B	+60%+	110 GW gas turbine backlog by YE26; raised ’26 revenue to $44.5-45.5B	Buy \| PT ~$1,212
VRT	Vertiv Holdings	Data Center Power/Cooling	~$45B	+106%	Q1 rev +30% YoY; data center cooling surge; 34%+ EPS growth	Mod. Buy \| PT ~$326
CAT	Caterpillar Inc	Industrials — Prime Power Gensets	~$491B	+81%	Power Gen rev +41% YoY; $2.82B Q1; largest AI data center genset supplier	Buy \| PT ~$1,200
TSM	Taiwan Semiconductor	Semiconductors — Foundry	~$1T	+30% est.	Q2 2026 earnings this week; N2 ramp; NVDA/AMD sole-source fab	Buy \| PT ~$250
CCJ	Cameco Corp	Uranium Mining	~$22B	+13%	Q1 EPS beat by 38%; 230M lbs LT contracts; 49% Westinghouse stake	Buy \| PT ~$132
SMH	VanEck Semiconductor ETF	ETF — Semiconductor basket	ETF	+70%	Broad chip exposure; 0.35% ER; top-10 includes AMD/AVGO/MU/TSM/NVDA	—
PSI	Invesco Semiconductors ETF	ETF — Equal-weight semis	ETF	+104%	Momentum/quality factor tilt; overweight memory/equipment vs SMH	—
DRAM	Roundhill Memory ETF	ETF — Memory-focused	ETF	High	SK Hynix, Micron, SanDisk concentrated play on HBM cycle	—

What type of market are we in: Choppy

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: No

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: Choppy conditions remain with no setups for my style of trading. EP9, WSS & BNS main focus with a strong CAT, 20% study moved to 130 bearish yesterday, reading over 100 normally signals close to a bounce so might get some short term trades in the coming days. $AAPL $AMZN report after the close.

Todays watchlist: $MSFT $META

SA 29/07/2026

Overall market trend: Bullish phase – day 1

Yesterdays market: Money leaving the market – high selling & high buying pressure

TC2000 McClellan: 29

Stocks above 40PMA: 53

VIX: 18

52 week highs (US common stocks): 354

Indices:

$SOXX Downtrend

$QQQ: Downtrend

$SPY: Downtrend

$DIA: No trend

$IWM: Downtrend

$BTC: No trend

$SQQQ: Uptrend

$UVIX: Uptrend

$TLT: No trend

$GLD: No trend

$SLV: No trend

$SLX: Uptrend

1%+ sectors yesterday:

$JETS +2.87%
$XLV +2.36%
$XLP +1.99%
$XLB +1.85%
$RTH +1.75%
$KRE +1.68%
$XLY +1.48%
$XLF +1.27%
$IBB +1.16%

1%- sectors yesterday:

$TAN -4.77%
$SMH -3.45%
$XLK -1.84%
$XLE -1.35%
$XLU -1.32%

Main sectors monthly trailing:

Leading – $XLF $XLV
Lagging – $XLK $XLE

Sub sectors monthly trailing:

Leading – $HACK $IGV
Lagging – $SMH $TAN

Bitcoin: Under the 200sma at 65k ish

Themes:

Cybersecurity

Infrastructure

Cloud Computing

Semiconductors

Software

Top 15 + 15 thematic stocks:

AI Infrastructure Supercycle — Chips, Memory & Power

Ticker	Company	Sector/Industry	Mkt Cap	YTD Ret.	Key Catalyst	Analyst View
NVDA	NVIDIA Corp	Semiconductors — AI GPUs	$3.4T	+13%	Blackwell ramp; $81.6B Q1 rev; Rubin platform late-2026	Strong Buy \| PT ~$255
AMD	Advanced Micro Devices	Semiconductors — AI GPUs	$328B	+130%	MI400/450 ramp; $60B Meta MI400 deal; OpenAI 5-yr MI450 contract	Buy \| PT ~$250
AVGO	Broadcom Inc	Semiconductors — Networking/ASICs	$1.1T	+8%	Custom AI ASIC wins; AI revenue doubling; 10th Gen XPUC	Strong Buy \| PT ~$310
MU	Micron Technology	Memory — HBM/DRAM/NAND	$1T+	+700% (12mo)	Q4 FY26 guidance $50B (~20% beat); HBM3E market leader (ex-SKH)	Buy \| PT ~$1,400
SKHYV	SK Hynix (ADR)	Memory — HBM Leader	$1.3T	IPO 7/10	Nasdaq debut; 56.4% HBM market share; Q1 rev +198% YoY	Strong Buy \| PT ~$180
SNDK	SanDisk Corp	Memory — NAND/SSD	Large	+2,200% (since IPO)	AI storage demand; WDC spinoff trades at <1× future EPS at IPO	Buy consensus
ASML	ASML Holding	Semicon Equipment — EUV Lithography	~$375B	+38% est.	Q2 2026 earnings this week; EUV backlog capacity constrained	Buy \| PT ~$1,100
AMAT	Applied Materials	Semicon Equipment	~$200B	+25% est.	Gate-all-around demand; HBM stack deposition	Buy \| PT ~$260
LRCX	Lam Research	Semicon Equipment — Etch/Deposition	~$130B	+30% est.	HBM layer etch intensity; NAND recovery cycle	Buy \| PT ~$1,150
MRVL	Marvell Technology	Networking/Custom Silicon	~$90B	+40% est.	AI interconnect; custom ASIC design wins at hyperscalers	Buy \| PT ~$105
GEV	GE Vernova	AI Power Infrastructure — Gas Turbines	~$130B	+60%+	110 GW gas turbine backlog by YE26; raised ’26 revenue to $44.5-45.5B	Buy \| PT ~$1,212
VRT	Vertiv Holdings	Data Center Power/Cooling	~$45B	+106%	Q1 rev +30% YoY; data center cooling surge; 34%+ EPS growth	Mod. Buy \| PT ~$326
CAT	Caterpillar Inc	Industrials — Prime Power Gensets	~$491B	+81%	Power Gen rev +41% YoY; $2.82B Q1; largest AI data center genset supplier	Buy \| PT ~$1,200
TSM	Taiwan Semiconductor	Semiconductors — Foundry	~$1T	+30% est.	Q2 2026 earnings this week; N2 ramp; NVDA/AMD sole-source fab	Buy \| PT ~$250
CCJ	Cameco Corp	Uranium Mining	~$22B	+13%	Q1 EPS beat by 38%; 230M lbs LT contracts; 49% Westinghouse stake	Buy \| PT ~$132
SMH	VanEck Semiconductor ETF	ETF — Semiconductor basket	ETF	+70%	Broad chip exposure; 0.35% ER; top-10 includes AMD/AVGO/MU/TSM/NVDA	—
PSI	Invesco Semiconductors ETF	ETF — Equal-weight semis	ETF	+104%	Momentum/quality factor tilt; overweight memory/equipment vs SMH	—
DRAM	Roundhill Memory ETF	ETF — Memory-focused	ETF	High	SK Hynix, Micron, SanDisk concentrated play on HBM cycle	—

What type of market are we in: Choppy

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: No

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: Choppy conditions remain with no setups for my style of trading. EP9, WSS & BNS main focus with a strong CAT, 20% study moved to 62 bearish yesterday, reading over 100 normally signals close to a bounce. Fed rate decision on today, and $META, $MSFT, $ARM, $QCOM, $HOOD reporting after market close.

Todays watchlist: Nothing at the moment

SA 28/07/2026

Overall market trend: Bearish phase – day 5

Yesterdays market: Money entering the market – high buying pressure

TC2000 McClellan: 3

Stocks above 40PMA: 53

VIX: 19

52 week highs (US common stocks): 260

Indices:

$SOXX Downtrend

$QQQ: Downtrend

$SPY: Downtrend

$DIA: Downtrend

$IWM: Downtrend

$BTC: Downtrend

$SQQQ: Uptrend

$UVIX: Uptrend

$TLT: Downtrend

$GLD: No trend

$SLV: No trend

$SLX: Uptrend

1%+ sectors yesterday:

$IGV +3.33%
$JETS +2.89%
$RTH +1.49%
$XLP +1.46%
$XLY +1.31%
$XLF +1.01%

1%- sectors yesterday:

$SMH -2.25%
$XLE -2.11%
$XLU -1.32%

Main sectors monthly trailing:

Leading – $XLE $XLV
Lagging – $XLK $XLY

Sub sectors monthly trailing:

Leading – $HACK $IGV
Lagging – $SMH $TAN

Bitcoin: Under the 200sma at 65k ish

Themes:

Cybersecurity

Infrastructure

Cloud Computing

Semiconductors

Software

Top 15 + 15 thematic stocks:

AI Infrastructure Supercycle — Chips, Memory & Power

Ticker	Company	Sector/Industry	Mkt Cap	YTD Ret.	Key Catalyst	Analyst View
NVDA	NVIDIA Corp	Semiconductors — AI GPUs	$3.4T	+13%	Blackwell ramp; $81.6B Q1 rev; Rubin platform late-2026	Strong Buy \| PT ~$255
AMD	Advanced Micro Devices	Semiconductors — AI GPUs	$328B	+130%	MI400/450 ramp; $60B Meta MI400 deal; OpenAI 5-yr MI450 contract	Buy \| PT ~$250
AVGO	Broadcom Inc	Semiconductors — Networking/ASICs	$1.1T	+8%	Custom AI ASIC wins; AI revenue doubling; 10th Gen XPUC	Strong Buy \| PT ~$310
MU	Micron Technology	Memory — HBM/DRAM/NAND	$1T+	+700% (12mo)	Q4 FY26 guidance $50B (~20% beat); HBM3E market leader (ex-SKH)	Buy \| PT ~$1,400
SKHYV	SK Hynix (ADR)	Memory — HBM Leader	$1.3T	IPO 7/10	Nasdaq debut; 56.4% HBM market share; Q1 rev +198% YoY	Strong Buy \| PT ~$180
SNDK	SanDisk Corp	Memory — NAND/SSD	Large	+2,200% (since IPO)	AI storage demand; WDC spinoff trades at <1× future EPS at IPO	Buy consensus
ASML	ASML Holding	Semicon Equipment — EUV Lithography	~$375B	+38% est.	Q2 2026 earnings this week; EUV backlog capacity constrained	Buy \| PT ~$1,100
AMAT	Applied Materials	Semicon Equipment	~$200B	+25% est.	Gate-all-around demand; HBM stack deposition	Buy \| PT ~$260
LRCX	Lam Research	Semicon Equipment — Etch/Deposition	~$130B	+30% est.	HBM layer etch intensity; NAND recovery cycle	Buy \| PT ~$1,150
MRVL	Marvell Technology	Networking/Custom Silicon	~$90B	+40% est.	AI interconnect; custom ASIC design wins at hyperscalers	Buy \| PT ~$105
GEV	GE Vernova	AI Power Infrastructure — Gas Turbines	~$130B	+60%+	110 GW gas turbine backlog by YE26; raised ’26 revenue to $44.5-45.5B	Buy \| PT ~$1,212
VRT	Vertiv Holdings	Data Center Power/Cooling	~$45B	+106%	Q1 rev +30% YoY; data center cooling surge; 34%+ EPS growth	Mod. Buy \| PT ~$326
CAT	Caterpillar Inc	Industrials — Prime Power Gensets	~$491B	+81%	Power Gen rev +41% YoY; $2.82B Q1; largest AI data center genset supplier	Buy \| PT ~$1,200
TSM	Taiwan Semiconductor	Semiconductors — Foundry	~$1T	+30% est.	Q2 2026 earnings this week; N2 ramp; NVDA/AMD sole-source fab	Buy \| PT ~$250
CCJ	Cameco Corp	Uranium Mining	~$22B	+13%	Q1 EPS beat by 38%; 230M lbs LT contracts; 49% Westinghouse stake	Buy \| PT ~$132
SMH	VanEck Semiconductor ETF	ETF — Semiconductor basket	ETF	+70%	Broad chip exposure; 0.35% ER; top-10 includes AMD/AVGO/MU/TSM/NVDA	—
PSI	Invesco Semiconductors ETF	ETF — Equal-weight semis	ETF	+104%	Momentum/quality factor tilt; overweight memory/equipment vs SMH	—
DRAM	Roundhill Memory ETF	ETF — Memory-focused	ETF	High	SK Hynix, Micron, SanDisk concentrated play on HBM cycle	—

What type of market are we in: Choppy

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: No

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: Choppy conditions remain, EP9, WSS & BNS main focus with a strong CAT, busy week with a lot of big tech reporting and Fed rate decision on Wednesday.

SA 27/07/2026

Overall market trend: Bearish phase – day 4

Fridays market: Money leaving the market – high selling pressure

TC2000 McClellan: -20

Stocks above 40PMA: 51

VIX: 19

52 week highs (US common stocks): 205

Indices:

$SOXX No trend

$QQQ: Downtrend

$SPY: Downtrend

$DIA: Downtrend

$IWM: Downtrend

$BTC: Uptrend

$SQQQ: Uptrend

$UVIX: Uptrend

$TLT: Downtrend

$GLD: No trend

$SLV: No trend

$SLX: Uptrend

1%+ sectors Friday:

$JETS +2.66%
$XLB +1.93%
$HACK +1.30%
$XLP +1.11%
$IGV +1.01%

1%- sectors Friday:

$SMH -3.27%
$TAN -2.97%
$XLK -1.44%
$IBB -1.13%

Main sectors monthly trailing:

Leading – $XLE $XLV
Lagging – $XLK $XLY

Sub sectors monthly trailing:

Leading – $HACK $IYT
Lagging – $SMH $TAN

Bitcoin: Under the 200sma at 65k ish

Themes:

Cybersecurity

Infrastructure

Cloud Computing

Semiconductors

Software

Top 15 + 15 thematic stocks:

AI Infrastructure Supercycle — Chips, Memory & Power

Ticker	Company	Sector/Industry	Mkt Cap	YTD Ret.	Key Catalyst	Analyst View
NVDA	NVIDIA Corp	Semiconductors — AI GPUs	$3.4T	+13%	Blackwell ramp; $81.6B Q1 rev; Rubin platform late-2026	Strong Buy \| PT ~$255
AMD	Advanced Micro Devices	Semiconductors — AI GPUs	$328B	+130%	MI400/450 ramp; $60B Meta MI400 deal; OpenAI 5-yr MI450 contract	Buy \| PT ~$250
AVGO	Broadcom Inc	Semiconductors — Networking/ASICs	$1.1T	+8%	Custom AI ASIC wins; AI revenue doubling; 10th Gen XPUC	Strong Buy \| PT ~$310
MU	Micron Technology	Memory — HBM/DRAM/NAND	$1T+	+700% (12mo)	Q4 FY26 guidance $50B (~20% beat); HBM3E market leader (ex-SKH)	Buy \| PT ~$1,400
SKHYV	SK Hynix (ADR)	Memory — HBM Leader	$1.3T	IPO 7/10	Nasdaq debut; 56.4% HBM market share; Q1 rev +198% YoY	Strong Buy \| PT ~$180
SNDK	SanDisk Corp	Memory — NAND/SSD	Large	+2,200% (since IPO)	AI storage demand; WDC spinoff trades at <1× future EPS at IPO	Buy consensus
ASML	ASML Holding	Semicon Equipment — EUV Lithography	~$375B	+38% est.	Q2 2026 earnings this week; EUV backlog capacity constrained	Buy \| PT ~$1,100
AMAT	Applied Materials	Semicon Equipment	~$200B	+25% est.	Gate-all-around demand; HBM stack deposition	Buy \| PT ~$260
LRCX	Lam Research	Semicon Equipment — Etch/Deposition	~$130B	+30% est.	HBM layer etch intensity; NAND recovery cycle	Buy \| PT ~$1,150
MRVL	Marvell Technology	Networking/Custom Silicon	~$90B	+40% est.	AI interconnect; custom ASIC design wins at hyperscalers	Buy \| PT ~$105
GEV	GE Vernova	AI Power Infrastructure — Gas Turbines	~$130B	+60%+	110 GW gas turbine backlog by YE26; raised ’26 revenue to $44.5-45.5B	Buy \| PT ~$1,212
VRT	Vertiv Holdings	Data Center Power/Cooling	~$45B	+106%	Q1 rev +30% YoY; data center cooling surge; 34%+ EPS growth	Mod. Buy \| PT ~$326
CAT	Caterpillar Inc	Industrials — Prime Power Gensets	~$491B	+81%	Power Gen rev +41% YoY; $2.82B Q1; largest AI data center genset supplier	Buy \| PT ~$1,200
TSM	Taiwan Semiconductor	Semiconductors — Foundry	~$1T	+30% est.	Q2 2026 earnings this week; N2 ramp; NVDA/AMD sole-source fab	Buy \| PT ~$250
CCJ	Cameco Corp	Uranium Mining	~$22B	+13%	Q1 EPS beat by 38%; 230M lbs LT contracts; 49% Westinghouse stake	Buy \| PT ~$132
SMH	VanEck Semiconductor ETF	ETF — Semiconductor basket	ETF	+70%	Broad chip exposure; 0.35% ER; top-10 includes AMD/AVGO/MU/TSM/NVDA	—
PSI	Invesco Semiconductors ETF	ETF — Equal-weight semis	ETF	+104%	Momentum/quality factor tilt; overweight memory/equipment vs SMH	—
DRAM	Roundhill Memory ETF	ETF — Memory-focused	ETF	High	SK Hynix, Micron, SanDisk concentrated play on HBM cycle	—

What type of market are we in: Choppy

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: No

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: EP9, WSS & BNS main focus with a strong CAT, busy week with a lot of big tech reporting and Fed rate decision on Wednesday.

$CLF short 23/07/2026

Entry price – 11.18

SL – 11.25

Risk – 7 cents

Time of entry – 15:02

Catalyst / setup – Gapping up 18% at the open on fair results set against a low bar, targets had been cut aggressively in the weeks leading up to the results.

Gapped up into the 50sma entered once rejected with a tight SL of 7 cents.

Result – Closed, scaled 50% @ 10.91 and another 50% @ 10.80 and runner got stopped for a small loss. 327% profit.

SA 23/07/2026

Overall market trend: Bearish phase – day 1

Yesterdays market: Money leaving the market – normal selling pressure

TC2000 McClellan: -28

Stocks above 40PMA: 51

VIX: 17

52 week highs (US common stocks): 205

Indices:

$SOXX No trend

$QQQ: Downtrend

$SPY: No trend

$DIA: Downtrend

$IWM: No trend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: No trend

$TLT: Downtrend

$GLD: No trend

$SLV: No trend

$SLX: Uptrend

1%+ sectors yesterday:

$XLU +2.25%
$XLB +1.44%
$XLE +1.20%

1%- sectors yesterday:

$IGV -3.05%
$HACK -1.72%
$JETS -1.34%
$IBB -1.22%

Main sectors monthly trailing:

Leading – $IBB $XLE
Lagging – $XLY $XLK

Sub sectors monthly trailing:

Leading – $HACK $KRE
Lagging – $TAN $SMH

Bitcoin: Under the 200sma at 66k ish

Themes:

Cybersecurity
Biotech
Cloud Computing
Software
Memory

Top 15 + 15 thematic stocks:

AI Infrastructure Supercycle — Chips, Memory & Power

Ticker	Company	Sector/Industry	Mkt Cap	YTD Ret.	Key Catalyst	Analyst View
NVDA	NVIDIA Corp	Semiconductors — AI GPUs	$3.4T	+13%	Blackwell ramp; $81.6B Q1 rev; Rubin platform late-2026	Strong Buy \| PT ~$255
AMD	Advanced Micro Devices	Semiconductors — AI GPUs	$328B	+130%	MI400/450 ramp; $60B Meta MI400 deal; OpenAI 5-yr MI450 contract	Buy \| PT ~$250
AVGO	Broadcom Inc	Semiconductors — Networking/ASICs	$1.1T	+8%	Custom AI ASIC wins; AI revenue doubling; 10th Gen XPUC	Strong Buy \| PT ~$310
MU	Micron Technology	Memory — HBM/DRAM/NAND	$1T+	+700% (12mo)	Q4 FY26 guidance $50B (~20% beat); HBM3E market leader (ex-SKH)	Buy \| PT ~$1,400
SKHYV	SK Hynix (ADR)	Memory — HBM Leader	$1.3T	IPO 7/10	Nasdaq debut; 56.4% HBM market share; Q1 rev +198% YoY	Strong Buy \| PT ~$180
SNDK	SanDisk Corp	Memory — NAND/SSD	Large	+2,200% (since IPO)	AI storage demand; WDC spinoff trades at <1× future EPS at IPO	Buy consensus
ASML	ASML Holding	Semicon Equipment — EUV Lithography	~$375B	+38% est.	Q2 2026 earnings this week; EUV backlog capacity constrained	Buy \| PT ~$1,100
AMAT	Applied Materials	Semicon Equipment	~$200B	+25% est.	Gate-all-around demand; HBM stack deposition	Buy \| PT ~$260
LRCX	Lam Research	Semicon Equipment — Etch/Deposition	~$130B	+30% est.	HBM layer etch intensity; NAND recovery cycle	Buy \| PT ~$1,150
MRVL	Marvell Technology	Networking/Custom Silicon	~$90B	+40% est.	AI interconnect; custom ASIC design wins at hyperscalers	Buy \| PT ~$105
GEV	GE Vernova	AI Power Infrastructure — Gas Turbines	~$130B	+60%+	110 GW gas turbine backlog by YE26; raised ’26 revenue to $44.5-45.5B	Buy \| PT ~$1,212
VRT	Vertiv Holdings	Data Center Power/Cooling	~$45B	+106%	Q1 rev +30% YoY; data center cooling surge; 34%+ EPS growth	Mod. Buy \| PT ~$326
CAT	Caterpillar Inc	Industrials — Prime Power Gensets	~$491B	+81%	Power Gen rev +41% YoY; $2.82B Q1; largest AI data center genset supplier	Buy \| PT ~$1,200
TSM	Taiwan Semiconductor	Semiconductors — Foundry	~$1T	+30% est.	Q2 2026 earnings this week; N2 ramp; NVDA/AMD sole-source fab	Buy \| PT ~$250
CCJ	Cameco Corp	Uranium Mining	~$22B	+13%	Q1 EPS beat by 38%; 230M lbs LT contracts; 49% Westinghouse stake	Buy \| PT ~$132
SMH	VanEck Semiconductor ETF	ETF — Semiconductor basket	ETF	+70%	Broad chip exposure; 0.35% ER; top-10 includes AMD/AVGO/MU/TSM/NVDA	—
PSI	Invesco Semiconductors ETF	ETF — Equal-weight semis	ETF	+104%	Momentum/quality factor tilt; overweight memory/equipment vs SMH	—
DRAM	Roundhill Memory ETF	ETF — Memory-focused	ETF	High	SK Hynix, Micron, SanDisk concentrated play on HBM cycle	—

What type of market are we in: Choppy

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: No

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: EP9 and WSS main focus with a strong CAT, busy week or so with mag7 reporting, AI trade will likely follow what the big tech companies say about CAPEX spending etc.