Tech people in real life: I have shares in “ $TSLA, $GOOGL, $SPCX. “ People on my X feed/comments: - Leveraged Micron, Sk Hynix calls all the way from $1M to $28M down to $4M - calls on short dated tanker freight futures because $AXTI 3000% 1Y returns wasn’t enough. - Long $PLTR short $LULU because inverse Burry indicators - Long Swedish high beta CW laser suppliers for CPO because it reminds them of $NVDA bottlenecking EML - “AI is going to end human civilization” so this is a signal for longer AI capex duration + trade wars so long $EQR cause tungsten. Gap between finance X and normal finance/tech people is also insane. I can’t help but feel proud that I’m partly to blame.

$LULU, $NKE, $ONON, $ANF (September 13, 2026-Monthly Charts) I focus on monthly charts because they show the real long-term trend — the uptrend or downtrend that unfolds over a decade or more. These clothing brands are not necessarily bad businesses, but fashion labels rarely last and they are not necessities. That is very different from AI, which most companies now depend on, or phones, which almost everyone need to own or upgrade.

Today I'm writing a weekend guide on how to do DD when shorting $NBIS: First, you look at hyperscaler earnings for AI cloud read through: > $GOOGL: reports record AI cloud demand + backlog + margin increases from earnings > $AMZN: reports record AI Cloud demand + backlog + margin increases from earnings > $META: reports higher than expected prices for available capacity from earnings. Now, time to look at Nebius: -> $NBIS: Growing hundreds of percent to $7-9B ARR by Q4. Growing margins, and guided 4GW+ contracted power. -> Sees Uber/Waymo splitting, putting more focus on Avride -> Sees Clickhouse growing rapidly every quarter. Okay looks bad! But next, you need a hedge? -> Wow! A $NIKE brand executive, after the stock dropped 75% over the past 5 years, went to $LULU to save that brand next? Lululemon seems good. Conclusion: Short Nebius and go long on $LULU