To The Moon

I think it can hold for now, but the margin for error is shrinking. If AI companies are only delivering ~half the S&P 500’s earnings growth, today’s valuations become harder to justify. The bull case needs AI earnings to accelerate from here—not just meet expectations. If growth disappoints, that concentration could become the market’s biggest risk. 👀

I’d break it down roughly 60% oil/inflation fears, 30% Fed expectations, 10% other factors. Oil is the spark — higher energy prices raise inflation expectations and make the market worry the Fed can’t ease anytime soon. The Fed is the amplifier because traders are now pricing a high probability of a hike this week. The key for stocks: if oil stays elevated and the 10Y holds above 5%, valuation pressure could get much worse. 👀📉

Monday’s rotation was hard to ignore: 📈 Zscaler +16.8% 📈 Rubrik +16.0% 📈 CrowdStrike +13.8% 📈 Palo Alto Networks +13.0% 📈 Fortinet +9.0% These were September 14 closing gains, not intraday highs.  What caught my attention is why cybersecurity rallied while many AI-chip names sold off. The market is starting to think about the other side of the AI equation: the more powerful AI becomes, the more important it becomes to secure it. AI agents create new attack surfaces across: 🔹 Identity & access 🔹 Cloud infrastructure 🔹 Data protection 🔹 AI-agent monitoring 🔹 Automated threat detection 🔹 Runtime security That could make cybersecurity a genuine second-order AI trade. But I’m not chasing the move blindly. After a surge like this, valuations and expectations matter. The real confirmation wi

I’m leaning C. 👀 Four days isn’t enough to call it a trend, but consistent inflows while the broader BTC ETF market sees outflows are definitely worth watching. If it continues, that could be a meaningful signal of institutional demand. 🐂

I’m going with A — AAPL breaks above $330 🚀. Apple tends to move hard when expectations are high, and a strong event could be the catalyst for a breakout. 👀🍎

🔵 B. $GOOGL — Alphabet My pick is GOOGL. Google already has massive distribution through Search, Android, Chrome and YouTube, but the real advantage is commercial intent. If AI agents start completing searches, comparisons, bookings and purchases, Google is already sitting at the point where users express what they want. Gemini gives Alphabet the ability to turn that existing intent into an agentic experience and potentially capture more value from each interaction. META has huge upside, but I think GOOGL has the stronger starting position for monetizing AI agents.

🔵 B. $GOOGL — Alphabet My pick is GOOGL. Google already has massive distribution through Search, Android, Chrome and YouTube, but the real advantage is commercial intent. If AI agents start completing searches, comparisons, bookings and purchases, Google is already sitting at the point where users express what they want. Gemini gives Alphabet the ability to turn that existing intent into an agentic experience and potentially capture more value from each interaction. META has huge upside, but I think GOOGL has the stronger starting position for monetizing AI agents.

My vote is $NET (Cloudflare). 🚀 The combination of AI infrastructure, cybersecurity and cloud connectivity gives it multiple growth drivers. As AI agents and applications scale, the demand for secure, low-latency networks should only increase. I also like Cloudflare’s expanding platform and recurring-revenue model, which can provide operating leverage as the business grows. Energy stocks may benefit from the current cycle, but $NET gives me exposure to a longer-term technology trend.

My vote is $NET (Cloudflare). 🚀 I like the combination of AI infrastructure, cybersecurity and cloud connectivity. As AI adoption grows, the need for faster, more secure networks should grow with it. Cloudflare also has exposure to the longer-term AI infrastructure trend rather than relying mainly on the current energy cycle. For me, $NET offers the most compelling long-term growth potential from this list.

📉 Memory stocks just took a beating. But I’m not convinced the bigger story is over. SK Hynix: -7.6% Micron: -5.25% SanDisk: -4.98% At first glance, this looks like a simple semiconductor selloff. But I think there’s something more important happening underneath the surface. The market has been willing to pay up for memory companies because AI infrastructure has created an unusually strong demand environment for high-performance memory and storage. The problem? A huge part of the recent earnings growth is coming from pricing. SanDisk’s latest quarter is a perfect example. Revenue jumped 51% sequentially, but roughly two-thirds of that increase was attributed to higher prices, with the remaining third coming from volume. That is an incredible setup when pricing is moving in the right direct