$JOBY first ever successful EVTOL flight between two public airports.

$IREN $WULF at the right place at the right time, both ex-crypto miners transitioning and leveraging their existing infrastructure to quickly enter AI infrastructure and computing. $IREN - Horizon 1 (50MW, Q4 2025 delivery); Sweetwater Hub (target 2GW, phased build-out

The stablecoin narrative dominates right now but the AI narrative likely will come in play too. $TAOUSD is major AI crypto. It's purpose is having a decentralized network for training AI models and rewarding contributors.

Slowly, gradually and then suddenly $XBI $IBB

IPO Market Momentum - The week saw continued IPO activity with 218 IPOs in 2025 so far, representing 91% growth over 2024. Notable recent listings include HeartFlow ($19 IPO, now $33.69), Firefly Aerospace ($45 IPO, now $49.33), and Miami International Holdings showing strong

Bridgewater dumps China $BABA $JD

Video up! Have a great weekend, everyone! I am also moving up to New York City next weekend, so excited to meet many of you who have reached out already. I think Nick Schmidt and I might look to set up some finX meetup in the future.

🚨 BIG UPDATE FOR TRADERS & INVESTORS 📊 INCREASE EFFICIENCY WITH Ai Comet is now live for all Perplexity Pro users 🌐🤖 Part 2 Ted Zhang shows new use cases to boost portfolio management efficiency with custom prompts for a streamlined morning workflow.

AAII investor sentiment survey kinda broken nowadays with bears at 46% well above historical averages as the indexes trade at all-time highs. People are constantly bearish this market because of Donald J. Trump. When we see this demographic become bullish, that is likely when

$BULL looking to emerge from this massive IPO base.

$TAN - solars looking to really establish a new uptrend after a 4-year downtrend. $SEDG $FSLR strong moves off the retroactive tax credit catalyst.

As Druckenmiller has said before, valuations are a poor timing tool, but they give you context on where the market is right now. "Current P/E ratios for both the S&P 500 and NASDAQ 100 are at levels last seen during the late 1990s tech bubble (1997–2000) and, for the S&P 500,

IBD IPO Leaders $RDDT $KRMN $LIF $ALAB $ATAT $HAI $ARX $JCAP $BTSG $HG

IBD Sector Leaders $AEM $AGX $ANET $ATAT $TBBK $FIX $FUTU $HALO $PODD $KGC $NVDA $PLTR $TFPM $TIGR

IBD BIG CAP 20 $CLS $AVGO $CCJ $ANET $APH $NVDA $PLTR $EME $GE $VRT $AEM $MSFT $WPM $KGC $FNV $B $ALAB $AU $CRDO $SOFI

IBD 50 1-15 $CLS $IREN $AMSC $FUTU $PLTR $RKLB $HOOD $ALAB $RDDT $AGX $FIX $RYTM $OUST $SYM $MIRM

Advance/Decline lines in the S&P500 saw a failed breakout and NASDAQ has been trending lower as prices float higher This is not calling for a top. Rather, it is a subtle secondary indicator that often flashes months and months before tops. Just something to watch out for.

It is completely okay to say "I don't know". That is humility. It is better to acknowledge you don't know something than to pretend that you do. As Mark Twain said: "It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so."

HUGE $MSFT