Micron Leads the Tuesday Entry Map — Sep 6, 2026

1. The Read

Friday's September 4 close is the corpus for the Tuesday, September 8 capital window; Monday is the Labor Day holiday. Campaign 1's entry map keeps memory and electricity as the two primaries, with physical-AI components back on the bench.

Micron is the one BUY while its cleared 989.96 flag ceiling holds. The historical RSI reset was slightly above the preferred guide; the completed flag and breakout justify an explicit analyst exception while the strict screen remains EXTENDED. Losing the ceiling returns the entry to WAIT; 887.61 is earlier pattern failure and 606.48 is the separate long-trend invalidation. Five supported company theses wait on timing, and ten older calls need company evidence as well as price confirmation. Every jagged name stays out of BUY.

The desk's completed 30-day BUY calls beat SPY in 3 of 11 cases; misses averaged 10.37 percentage points behind it. There is no complete 90-day BUY grade yet. Review the plan September 11, with the inflation release, financing conditions and shipping disruptions as named risks. These are levels and conditions, with the full evidence and exceptions in the map.

Extended analysis

Market pulse · 7D

Leaders and laggards

close Sep 4, 2026

558 advancing 541 declining 66.1% above the 200-day Color is 7-day price direction, not a buy or sell call.

Leaders

top 7D gainers

DPRO+36.9%IREN+26.0%BE+20.0%BTDR+20.0%EOSE+19.0%HUT+17.8%

Laggards

top 7D losers

ALMS-50.4%RARE-40.3%CRDO-26.7%EIX-19.1%KITT-18.8%MDB-17.4%

2. What Changed Since the Last Brief

The previous brief read the same market close, so no session has passed to diff against.

No scan diff for this date.

3. What to Watch

Watch the September 11 inflation release, a sustained tightening in credit or Treasury yields, and any official shipping disruption. Recheck the map after the September 11 close; a failed Micron breakout hold returns its entry to WAIT.

4. Focus List

SparkTake

MSFT $499.70 59 +0.8% -2.7% +2.5% strong-up strong-up · uptrend

TSLA $354.08 51 +1.6% +1.5% +10.1% strong-down strong-down · downtrend

NVDA $230.36 60 +4.7% +5.9% +5.1% strong-up strong-up · uptrend

AAPL $319.97 54 +2.2% +0.1% +2.9% strong-up strong-up · uptrend

GOOGL $338.46 45 -1.5% -2.4% -6.6% weak-down weak-down · pullback

AMZN $258.51 50 -1.4% -3.0% -5.2% strong-up strong-up · uptrend

NET $278.92 47 -5.9% -7.0% -4.8% weak-down weak-down · pullback

ARM $252.09 48 -0.5% +5.5% -8.2% weak-down weak-down · pullback

NTR $79.47 71 +9.3% +8.1% +18.8% strong-up strong-up · uptrend

MU $1016.59 60 +7.8% +9.0% +13.8% strong-up strong-up · pullback

SNDK $1740.00 61 +13.7% +17.2% +28.8% strong-up strong-up · pullback

OUST $36.43 45 -7.6% +5.2% -19.3% weak-down weak-down · pullback

IONQ $39.52 46 -6.0% +0.8% -1.0% strong-down strong-down · collapse

RGTI $15.20 43 -9.6% -2.5% -9.4% strong-down strong-down · collapse

QBTS $16.58 40 -11.9% -2.4% -22.5% strong-down strong-down · collapse

QUBT $8.01 44 -5.5% -1.7% -9.8% strong-down strong-down · collapse

INFQ $12.85 53 -0.3% +0.4% +18.4% weak-up weak-up · downtrend

XNDU $9.72 41 -7.2% -7.5% -15.1% strong-down strong-down · collapse

HQ $15.56 47 -5.0% +2.5% +3.5% neutral neutral · too-young

ARQQ $21.37 53 -1.2% +6.6% +1.9% strong-up strong-up · pullback

LAES $2.42 44 -6.1% -2.4% -1.6% strong-down strong-down · collapse

PL Reported 09-03 $18.12 29 -17.0% -9.3% -18.9% strong-down strong-down · collapse

ARGX $1033.15 61 +4.5% +1.0% +19.0% strong-up strong-up · uptrend

ILMN $218.22 59 +4.7% +1.2% +9.2% strong-up strong-up · uptrend

SHOP $145.09 52 -3.0% -5.1% +0.6% strong-up strong-up · pullback

No authored takes in this issue — the Take column shows each name's mechanical tape state.

5. Sector Scorecard

ETF tape · 42 funds

The desk's curated ETF read — one fund per lane it tracks, not every fund on the watchlists — grouped by what the fund is exposed to, and where each closed on the issue date. The big number and the tile's shade are that session's move (1D); 7D and 30D are the trailing windows behind it, and RSI is the 14-day reading (above 70 is stretched, below 30 washed out). Shades near flat stay gray — a ±0.25% day is not a color.

FundsAssessment

Crypto 51–67 inflow +23.1% IBIT GBTC —

Hard Assets 39–67 inflow +18.5% IBIT GBTC GLD —

Thebuildout Nand Flash Memory 45–61 inflow +13.8% — —

Trace Iran War Second And Third Order Effects 46–67 inflow +12.2% — —

Canadian OG 56–63 inflow +11.7% — —

Food Security 57–71 inflow +11.5% — —

Memory 39–61 inflow +10.9% DRAM DISK —

Ark 45–62 inflow +10.1% ARKK ARKW ARKG —

IBB 21–68 inflow +9.5% — —

Adtech 42–69 inflow +8.6% — —

Volume Setups 38–71 inflow +8.3% USO —

Geopolitical 31–75 inflow +8.1% USO GLD SLV —

Biotech Scan 21–70 inflow +7.4% XBI IBB —

Government Compute 46–59 inflow +7.3% — —

Biotech 41–63 inflow +7.0% XBI IBB —

Healthcare Scan 34–68 inflow +6.5% — —

Healthcare 34–68 inflow +6.2% — —

Thebuildout Lithium Battery Metals 42–62 inflow +6.2% — —

Escalation 39–68 inflow +6.2% — —

Cloud SAAS 39–77 inflow +5.1% WCLD CLOU SKYY —

Biotech Capital Cycle 38–70 inflow +5.0% XBI —

Copper 50–59 inflow +4.6% COPX —

Macro Commodities 43–73 inflow +4.4% USO GLD SLV —

Cloud ETFS 54–56 inflow +4.3% WCLD IGV CLOU —

Thebuildout Dram Memory 39–60 inflow +4.3% — —

Nuclear Fuel Cycle 41–67 inflow +3.4% URA URNM —

Peptide Economy 37–65 inflow +3.1% — —

Trace Lng Liquefaction Shipping And Regasification 46–59 inflow +2.9% — —

Watchlist n/a inflow +2.8% — —

Faang 45–62 inflow +2.8% — —

Tech Insider Buys 34–77 inflow +2.8% — —

Mag7 45–62 inflow +2.6% MAGS —

AI Infra 41–60 inflow +2.6% SMH —

Trace Glp1 Manufacturing 40–58 inflow +2.3% — —

Bargain Bin 32–77 inflow +2.1% — —

Tech 45–62 neutral +1.6% XLK —

AI 38–77 neutral +1.5% SMH BOTZ ROBO —

Thebuildout AI Storage Data Pipeline 38–64 neutral +1.3% — —

Alt Managers 36–58 neutral +0.1% — —

Thebuildout Rare Earth Miners Processors 43–51 neutral +0.1% — —

ETF Ideas 39–69 neutral +0.1% QQQM QQQ VOO —

Watching 36–66 neutral +0.0% — —

Financials 47–67 neutral -0.3% — —

Supply Chain Traces 34–58 neutral -0.4% — —

Thebuildout Metrology Inspection 40–57 neutral -0.4% — —

Energy 41–77 neutral -0.7% — —

Thebuildout China AI Semiconductor Stack 31–60 neutral -0.9% — —

Consumer Staples 30–61 neutral -0.9% — —

CPU Shortage Supply Chain 34–52 neutral -1.0% SMH —

Thebuildout AI Data Center Operators Neoclouds 41–62 neutral -1.3% — —

Neoclouds 44–60 neutral -1.3% — —

Thebuildout Space Data Centers Orbital Compute 44–60 neutral -1.4% — —

Nearline Storage 47–56 neutral -1.7% DISK —

Thebuildout Custom AI Silicon Hyperscaler Asics 31–62 neutral -1.8% — —

Space 29–59 neutral -1.8% ARKX —

Thebuildout Data Center Switch Nic Vendors 34–64 neutral -1.8% — —

Chemicals 36–50 outflow -2.2% — —

Defensive 26–63 outflow -2.2% — —

Thebuildout Eda Software 31–50 outflow -2.2% — —

Thebuildout Advanced Packaging 2d3d Leaders 31–60 outflow -2.4% — —

Thebuildout HBM Memory 31–60 outflow -2.4% — —

Spacex S1 Supply Chain 29–65 outflow -2.6% ARKX —

EV Clean Energy 25–63 outflow -2.7% LIT TAN ICLN —

Semis 38–68 outflow -2.7% SMH SOXX —

Thebuildout Renewable Energy Hyperscaler Ppas 36–67 outflow -2.8% — —

Thebuildout Specialty Electronic Gases 39–49 outflow -2.8% — —

Thebuildout Specialty Gases Process Chemicals 39–49 outflow -2.8% — —

Thebuildout Nuclear Energy Data Centers 36–67 outflow -2.9% — —

Thebuildout Humanoid Robots Embodied AI 37–61 outflow -3.3% — —

Thebuildout AI Sensors Perception Hardware 34–61 outflow -3.3% — —

Thebuildout Lithography Equipment 40–48 outflow -3.4% — —

AI Infrastructure 30–67 outflow -3.4% SMH —

Cybersec 39–63 outflow -3.5% — —

Thebuildout Autonomous Vehicles Self Driving 37–60 outflow -3.5% — —

Thebuildout Racks Chassis Mechanical Infrastructure 37–64 outflow -3.6% — —

Thebuildout Data Center Networking Silicon 34–60 outflow -3.6% — —

Lazarus 32–49 outflow -3.8% — —

Thebuildout Advanced Packaging Equipment 40–53 outflow -3.8% — —

Thebuildout Package Substrate Interposer Ecosystem 31–57 outflow -3.8% — —

Thebuildout Glass Core Panel Level Packaging 40–57 outflow -3.8% — —

Thebuildout High Speed Pcbs Server Networking 50–56 outflow -3.9% — —

Thebuildout Trailing Edge Logic Specialty Foundries 34–57 outflow -4.0% — —

Thebuildout Connector High Speed Interconnect 34–56 outflow -4.1% — —

Thebuildout Optical Transceivers Modules 34–60 outflow -4.1% — —

Thebuildout Data Center Fiber High Speed Cabling 34–60 outflow -4.1% — —

Electricity 31–67 outflow -4.7% — —

Thebuildout Photoresists Lithography Materials 40–49 outflow -4.7% — —

Thebuildout Data Center Thermal Management 37–64 outflow -4.8% — —

Web Cloud 39–60 outflow -4.8% SKYY —

Quantum Computing 40–53 outflow -5.0% CQTM QTUM WQTM —

Thebuildout Data Center Power Semiconductors 38–49 outflow -5.1% — —

Thebuildout Grid Infrastructure Transmission 32–52 outflow -5.2% — —

Thebuildout Co Packaged Optics CPO 31–60 outflow -5.3% — —

Thebuildout Semiconductor Bonding Interconnect Materials 34–50 outflow -5.3% — —

Thebuildout Semiconductor Test Burn In Equipment 45–54 outflow -5.5% — —

Thebuildout Semiconductor Fab Construction Engineering 45–53 outflow -5.7% — —

Thebuildout Deposition Equipment 40–49 outflow -5.8% — —

AI Power 33–63 outflow -6.0% WGMI —

War Sensitivity 31–66 outflow -6.1% COPX JETS USO —

Robotics 29–61 outflow -6.3% BOTZ ROBO —

Thebuildout Industrial Robotics Automation 34–60 outflow -6.3% — —

Humanoid Robotics 39–49 outflow -6.4% BOTZ —

Thebuildout Fuel Cells Alternative Dc Power 34–63 outflow -6.4% — —

Thebuildout Ups Energy Storage Data Centers 34–63 outflow -6.6% — —

Thebuildout Natural Gas Turbines Dc Power 34–64 outflow -6.6% — —

Thebuildout Transformers Grid Interconnect 41–55 outflow -6.7% — —

Thebuildout Ems Contract Electronics Manufacturing 38–56 outflow -6.8% — —

Retail 22–71 outflow -6.9% — —

Travel Leisure 26–56 outflow -6.9% JETS —

Consumer 32–60 outflow -7.0% — —

Thebuildout Cmp Slurries Consumables 34–49 outflow -7.5% — —

Optical Supply Chain 34–61 outflow -7.5% LAZR —

Livestock Disease 26–62 outflow -7.6% — —

Thebuildout Power Distribution Pdus Busways 37–55 outflow -7.8% — —

WFE Test Metrology 40–50 outflow -8.1% — —

Thebuildout Semiconductor Ip Licensors 31–48 outflow -8.2% — —

Thebuildout Power Supplies Psu Power Shelves 38–55 outflow -9.1% — —

China Tech 39–58 outflow -9.2% KWEB FXI —

Defense Contractors 31–51 outflow -9.7% — —

Thebuildout Etch Equipment 40–49 outflow -9.7% — —

Grid Buildout 31–48 outflow -10.3% — —

Cultural Thesis 32–51 outflow -11.0% — —

Drone Defense 29–70 outflow -13.8% — —

Airlines 36–43 outflow -17.5% JETS —

No authored lane assessments in this issue — the metrics are the record; the read lives in the chapters above.

6. The Front Page

Monster Watch · 158 of 1146 tracked names

MRNA+166% vs 200d CHRN+134% vs 200d IOVA+124% vs 200d ABCL+123% vs 200d TXG+117% vs 200d DELL+107% vs 200d CDNA+103% vs 200d AMLX+102% vs 200d TWST+93% vs 200d MAN+75% vs 200d

Sector Rotation Radar · 124 themes

Flow means 30-day relative strength versus SPY, not dollars moving: Inflow beat SPY by more than 2 points, Outflow trailed by more than 2, and Neutral stayed inside that band.

Crypto Inflow +23.1% 30D Crypto: BTC, ETH, SOL, major alts (via yfinance -USD tickers), spot ETFs (IBIT, GBTC, ETHE, BITO), crypto equities (MSTR, COIN, miners), crypto ETF (BITQ) Hard Assets Inflow +18.6% 30D The debasement / safe-haven lane: what bids when trust in paper falls, and what is being sold to fund it. Crypto core (BTC-USD, ETH-USD) + spot BTC ETFs (IBIT, GBTC) + BTC-proxy equities (MSTR, COIN); gold and silver… Thebuildout Nand Flash Memory Inflow +13.8% 30D TheBuildout · NAND Flash Memory — their curated supply-chain list (https://thebuildout.ai/lists/nand-flash-memory), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the free-tier… Trace Iran War Second And Third Order Effects Inflow +12.2% 30D Second- and third-order Iran-war exposures across shipping, insurance, pharmaceutical inputs, rare earths, and fertilizer. Research trace from 2026-04-12 with 1 unanimous and 3 strong-convergence findings. Canadian OG Inflow +11.8% 30D Canadian oil & gas — ATH (Athabasca), TVE (Tamarack Valley), WCP (Whitecap), BTE (Baytex), GTE (Gran Tierra). Theo Loveday picks. EWC (Canada ETF) and XLE (Energy sector) as benchmarks. NNRG (Ninepoint Energy Fund, Eric… Food Security Inflow +11.5% 30D Food security — geopolitical energy shock cascade play. Fertilizer (NTR Nutrien, MOS Mosaic, CF Industries), farm equipment (DE Deere), grain trading (ADM Archer-Daniels-Midland, BG Bunge Global — added 2026-05-10, $24B… Memory Inflow +10.9% 30D Memory & Storage - HBM/DRAM (MU), HDDs/SSDs (STX, WDC), thematic ETF (DRAM Roundhill Memory ETF — added 2026-05-06 after launching ~April 2026; note refresh 2026-05-10: now +101.9% off $26.14 low to $52.80 ATH, +13.4%… Ark Inflow +10.2% 30D ARK Invest ETFs - tracking Cathie Wood's funds IBB Inflow +9.6% 30D Biotechnology cohort spanning large-cap therapeutics, rare disease, gene editing, diagnostics, life-science tools, and CROs. Adtech Inflow +8.7% 30D Ad-tech lane: independent SSP/DSP (MGNI PUBM TTD), performance/open-web (APP CRTO TBLA), verification (DV), data (ZETA), CTV (ROKU MNTN). Added 2026-08-06 on user request; IAS excluded (Novacap take-private, delisted… Volume Setups Inflow +8.4% 30D Stocks in established uptrends that remain near a volume shelf and are showing constructive participation. Refreshed on demand and merged across runs. Geopolitical Inflow +8.2% 30D Geopolitical risk watchlist - defense contractors (LMT/RTX/NOC/GD/LHX/BA), oil producers (XOM/CVX/OXY/COP/SLB/HAL/DVN/EOG — XOM absorbed PXD/Pioneer via 2024 acquisition), energy ETFs (USO/UNG/XLE/OIH/XOP), safe havens… Biotech Inflow +7.5% 30D Biotech scan - broader universe for opportunity discovery. ETFs (XBI, IBB, IBBQ), Large cap pharma (ABBV, GILD, AMGN, LLY, VRTX, REGN), GLP-1 (NVO, LLY), mRNA (BNTX, MRNA), gene editing (CRSP, BEAM, EDIT, NTLA),… Government Compute Inflow +7.4% 30D Federal IT and mission-software contractors spanning data platforms, consulting, cybersecurity, and defense intelligence. Biotech Inflow +7.1% 30D Biotech - pharma innovation (LLY), lab tools (TMO), mRNA (MRNA), gene editing (CRSP, NTLA, VRTX), immunotherapy (IBRX) Healthcare Inflow +6.6% 30D Healthcare sector scan - Medical devices (SYK, ISRG, MDT, DXCM, ABT), pharma (PFE, MRK, LLY, GILD, AMGN, BIIB, VRTX, MRNA), healthcare services (JNJ, UNH, CVS, GRDN specialty pharmacy), lab/diagnostics (TMO), life… Healthcare Inflow +6.3% 30D Healthcare/Pharma/Medical Devices - Medical devices (SYK, ISRG, MDT, DXCM, ABT), pharma (PFE, MRK, LLY, GILD, AMGN, BIIB, VRTX, MRNA), healthcare services (JNJ, UNH, CVS), lab/diagnostics (TMO), life sciences software… Thebuildout Lithium Battery Metals Inflow +6.3% 30D TheBuildout · Lithium & Battery Metals — their curated supply-chain list (https://thebuildout.ai/lists/lithium-battery-metals), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the… Escalation Inflow +6.3% 30D Escalation scenario watchlist — Gulf infrastructure strike / Iran retaliation plays. US LNG exporters (LNG/CQP/VG), industrial gas/helium (LIN/APD), NGL midstream (TRGP/EPD/ET/OKE), nat gas (UNG/FCG), LNG shipping… Cloud SAAS Inflow +5.2% 30D Cloud/SaaS survivors - AI monetization plays. Profitable leaders + high-growth candidates. Biotech Capital Cycle Inflow +5.0% 30D AI-bio platforms + lab-tools/consumables + CROs — biotech capital-cycle / IPO-window-levered picks-and-shovels (perspective: biotech-capital-cycle) Copper Inflow +4.6% 30D Copper miners and broad copper funds tracking electrification, grid, construction, and data-center demand. Macro Commodities Inflow +4.5% 30D Macro & commodities - oil (USO/BNO), natgas (UNG), gold (GLD/GDX/GDXJ/GDRZF), silver (SLV/SIL), copper (COPX), agriculture (DBA/WEAT/CORN/SOYB/AGRO), specialty chemicals (CE), uranium (URA), dollar (UUP), euro (FXE),… Cloud ETFS Inflow +4.4% 30D Cloud ETFs - contrarian SaaS thesis. AI accelerates SaaS, survivors will consolidate. Thebuildout Dram Memory Inflow +4.4% 30D TheBuildout · DRAM Memory — their curated supply-chain list (https://thebuildout.ai/lists/dram-memory), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the free-tier visible head: 4… Nuclear Fuel Cycle Inflow +3.4% 30D Nuclear fuel cycle — AI-DRIVEN nuclear-demand thesis (sibling to ai-power-bottleneck, NOT a rotation away from AI; the mechanism is COMPLEMENTARY — hyperscaler data-center power demand pulls through the entire nuclear… Peptide Economy Inflow +3.2% 30D Peptide / GLP-1 economy — principals + next-gen pipeline + consumer/distribution layer. Surfaced 2026-05-05 as a coverage gap: no focused lens existed despite GLP-1s being the largest pharma run of the past 18 months.… Trace Lng Liquefaction Shipping And Regasification Inflow +3.0% 30D LNG supply-chain bottlenecks across liquefaction, shipping, and regasification. Research trace from 2026-04-12 with 2 unanimous and 2 strong-convergence findings. Watchlist Inflow +2.9% 30D Faang Inflow +2.9% 30D FAANG - Facebook (Meta), Apple, Amazon, Netflix, Google Tech Insider Buys Inflow +2.8% 30D Tech-centric insider buying monitor. Combines our tech universe tickers with Finviz insider buying discovery. Goal: find tech names where insiders are putting their own money in — the strongest conviction signal. Run… Mag7 Inflow +2.7% 30D Magnificent 7 - The seven largest US tech companies AI Infra Inflow +2.7% 30D AI Infrastructure - hyperscalers (AMZN), GPUs (NVDA), lithography (ASML), power generation (TAC — TransAlta, Canadian IPP: hydro/wind/solar/battery/gas, NOT nuclear; label corrected 2026-06-19 from 'nuclear'), foundry… Trace Glp1 Manufacturing Inflow +2.3% 30D GLP-1 / peptide manufacturing supply chain — from research-trace blind test (2026-04-12) + research-picks refresh (2026-05-05). HPLC purification (WAT 3/3 unanimous), chromatography resins (DHR/Cytiva 3/3), injectable… Bargain Bin Inflow +2.2% 30D Bargain Bin - Great companies at bad prices. 70 quality mega/large-caps filtered for oversold conditions (RSI < 30, below SMA). The scan finds which ones are currently on sale. Sectors: big tech, SaaS, healthcare,… Tech Neutral +1.6% 30D Big Tech AI Neutral +1.6% 30D AI scan - full universe. ETFs (SMH semis, BOTZ robotics/AI, ROBO robotics, AIQ global AI). Big Tech (NVDA, AMZN, MSFT, GOOGL, META, TSLA — TSLA for FSD/Optimus/Dojo AI exposure), Chips (AMD, AVGO, MRVL, ARM, SMCI, QCOM,… Thebuildout AI Storage Data Pipeline Neutral +1.4% 30D TheBuildout · AI Storage & Data Pipeline — their curated supply-chain list (https://thebuildout.ai/lists/ai-storage-data-pipeline), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the… Alt Managers Neutral +0.2% 30D Publicly-traded alternative asset managers — fee-related-earnings cohort plus the Brookfield parent. Brookfield axis: BAM (Brookfield Asset Management — fee-light spinout, ~$540B FBE AUM, FRE-growth thesis), BN… Thebuildout Rare Earth Miners Processors Neutral +0.2% 30D TheBuildout · Rare Earth Miners & Processors — their curated supply-chain list (https://thebuildout.ai/lists/rare-earth-miners-processors), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR… ETF Ideas Neutral +0.1% 30D ETF Ideas - Index (QQQM, QQQ, VOO, VTI), 3x Leveraged (TQQQ, SOXL, SPXL, TECL — paper-book legal instruments only; the full exempt set lives in config/avoid-instruments.json), Inverse (SOXS — degen Rule 6, data-only),… Watching Neutral +0.1% 30D Watching/Learning - curious but not trading. KOPN added 2026-05-10 from @JasonL_Capital 2026-05-06 'under $10' tweet (reference_jasonl_capital_kopn_check.md). Kopin Corporation, $3.97 microcap. Claimed: MicroLED… Financials Neutral -0.2% 30D Financials - Banks/Investment firms (JPM, BAC, GS, MS, BLK), brokers (SCHW, HOOD), insurance (AMP, PGR, MET, BDN), fintech (FIS, FISV), card-network (COF — absorbed Discover/DFS via 2025 acquisition), exchanges (CME),… Supply Chain Traces Neutral -0.3% 30D Supply chain trace discoveries — tickers found by our autonomous research agents across all traces. Tungsten (KMT Kennametal, CRS Carpenter; Almonty Layer-1 pure-play pending correct-ticker re-add — was wrongly tracked… Thebuildout Metrology Inspection Neutral -0.4% 30D TheBuildout · Metrology & Inspection — their curated supply-chain list (https://thebuildout.ai/lists/metrology-inspection), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the… Energy Neutral -0.7% 30D Energy - data center power (BE, EOSE, TAC, CEG, GEV, TLN), nuclear (CEG), solar (FSLR, ENPH), utilities (NEE). Overlaps with ai-infra for power plays. Thebuildout China AI Semiconductor Stack Neutral -0.8% 30D TheBuildout · China AI Semiconductor Stack — their curated supply-chain list (https://thebuildout.ai/lists/china-ai-semiconductor-stack), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines… Consumer Staples Neutral -0.9% 30D Consumer staples - Johnson & Johnson, Procter & Gamble, Coca-Cola, PepsiCo, Colgate, Clorox, Mondelez, General Mills. Recession-proof dividend plays. BALL = Ball Corp aluminum packaging (KO/PEP customer supply-chain… CPU Shortage Supply Chain Neutral -0.9% 30D AI compute shortage supply chain across CPUs, high-speed connectivity, assembly and test, and semiconductor baskets. Thebuildout AI Data Center Operators Neoclouds Neutral -1.3% 30D TheBuildout · AI Data Center Operators & NeoClouds — their curated supply-chain list (https://thebuildout.ai/lists/ai-data-center-operators-neoclouds), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Neoclouds Neutral -1.3% 30D GPU cloud and AI infrastructure providers, including power-rich data-center and former crypto-mining operators. Thebuildout Space Data Centers Orbital Compute Neutral -1.4% 30D TheBuildout · Space Data Centers & Orbital Compute — their curated supply-chain list (https://thebuildout.ai/lists/space-data-centers-orbital-compute), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Nearline Storage Neutral -1.6% 30D High-capacity storage makers and upstream media and component suppliers serving hyperscale and AI data centers. Thebuildout Custom AI Silicon Hyperscaler Asics Neutral -1.7% 30D TheBuildout · Custom AI Silicon & Hyperscaler ASICs — their curated supply-chain list (https://thebuildout.ai/lists/custom-ai-silicon-hyperscaler-asics), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Space Neutral -1.8% 30D Space plays — expanded 2026-05-27 for SpaceX IPO catalyst (debut 2026-06-12 NASDAQ:SPCX, $1.75T-$2T target, $40-80B raise, largest IPO ever). Originally only RKLB / ARKX / GSAT (3 names). Launch / rockets: RKLB… Thebuildout Data Center Switch Nic Vendors Neutral -1.8% 30D TheBuildout · Data Center Switch & NIC Vendors — their curated supply-chain list (https://thebuildout.ai/lists/data-center-switch-nic-vendors), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR… Chemicals Outflow -2.2% 30D Chemicals & specialty materials — industrial cycle, energy input costs, diversified chemical producers. Defensive Outflow -2.2% 30D Defensive/Value - ETFs (XLP consumer staples, XLU utilities). Telecom (T, VZ), consumer staples (WMT, MCD, COST, SBUX, TGT), food/protein (HRL, TSN, PPC), industrial (ECL), home improvement (HD, LOW). Rotation… Thebuildout Eda Software Outflow -2.2% 30D TheBuildout · EDA Software — their curated supply-chain list (https://thebuildout.ai/lists/eda-software), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the free-tier visible head: 6… Thebuildout Advanced Packaging 2d3d Leaders Outflow -2.3% 30D TheBuildout · Advanced Packaging (2.5D/3D) Leaders — their curated supply-chain list (https://thebuildout.ai/lists/advanced-packaging-2d3d-leaders), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout HBM Memory Outflow -2.3% 30D TheBuildout · HBM Memory — their curated supply-chain list (https://thebuildout.ai/lists/hbm-memory), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the free-tier visible head: 18 of… Spacex S1 Supply Chain Outflow -2.6% 30D SpaceX S-1 picks-and-shovels + space peers screen (2026-06-04): AI-compute/power/optical supply chain, space industrial base, disrupted incumbents, holders. Tied to spacex-s1 investigations. EV Clean Energy Outflow -2.6% 30D EV makers + clean energy + related ETFs. Solar tracking (NXT Nextracker), industrial energy storage/batteries (ENS EnerSys). Lithium pure-plays added 2026-05-10 from… Semis Outflow -2.7% 30D Semiconductors - GPUs (NVDA, AMD), foundry (TSM), networking chips (AVGO, MRVL), architecture (ARM), mobile (QCOM), equipment (ASML, AMAT), packaging (AMKR), analog/power (ON), programmable-logic (LSCC - added… Thebuildout Renewable Energy Hyperscaler Ppas Outflow -2.7% 30D TheBuildout · Renewable Energy Developers (Hyperscaler PPAs) — their curated supply-chain list (https://thebuildout.ai/lists/renewable-energy-hyperscaler-ppas), imported 2026-08-19 as a brand-tagged watchlist. Our slice… Thebuildout Specialty Electronic Gases Outflow -2.8% 30D TheBuildout · Specialty & Electronic Gases — their curated supply-chain list (https://thebuildout.ai/lists/specialty-electronic-gases), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of… Thebuildout Specialty Gases Process Chemicals Outflow -2.8% 30D TheBuildout · Specialty Gases & Process Chemicals — their curated supply-chain list (https://thebuildout.ai/lists/specialty-gases-process-chemicals), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Nuclear Energy Data Centers Outflow -2.9% 30D TheBuildout · Nuclear Energy for Data Centers — their curated supply-chain list (https://thebuildout.ai/lists/nuclear-energy-data-centers), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR… Thebuildout Humanoid Robots Embodied AI Outflow -3.3% 30D TheBuildout · Humanoid Robots & Embodied AI — their curated supply-chain list (https://thebuildout.ai/lists/humanoid-robots-embodied-ai), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines… Thebuildout AI Sensors Perception Hardware Outflow -3.3% 30D TheBuildout · AI Sensors & Perception Hardware — their curated supply-chain list (https://thebuildout.ai/lists/ai-sensors-perception-hardware), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR… Thebuildout Lithography Equipment Outflow -3.3% 30D TheBuildout · Lithography Equipment — their curated supply-chain list (https://thebuildout.ai/lists/lithography-equipment), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the… AI Infrastructure Outflow -3.3% 30D Complete AI Infrastructure - power, cooling, electrical, construction, data/optical connectivity (NOK Nokia), manufacturing, power connectors, REITs, materials, backup, water, AI compute providers (NBIS Nebius, OSS One… Cybersec Outflow -3.4% 30D Cybersecurity & Networking - firewall/SASE (FTNT, PANW — PANW absorbed CYBR via 2025 acquisition), endpoint (CRWD, S), zero-trust (ZS, OKTA), edge/CDN (NET), embedded/automotive QNX + cybersec (BB BlackBerry — surfaced… Thebuildout Autonomous Vehicles Self Driving Outflow -3.4% 30D TheBuildout · Autonomous Vehicles & Self-Driving — their curated supply-chain list (https://thebuildout.ai/lists/autonomous-vehicles-self-driving), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Racks Chassis Mechanical Infrastructure Outflow -3.6% 30D TheBuildout · Racks, Chassis & Mechanical Infrastructure — their curated supply-chain list (https://thebuildout.ai/lists/racks-chassis-mechanical-infrastructure), imported 2026-08-19 as a brand-tagged watchlist. Our… Thebuildout Data Center Networking Silicon Outflow -3.6% 30D TheBuildout · Data Center Networking Silicon — their curated supply-chain list (https://thebuildout.ai/lists/data-center-networking-silicon), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR… Lazarus Outflow -3.7% 30D Fallen-quality WATCH list (NOT buys): former leaders down 40-80% held in quarantine until they prove a trend reversal — the 'Lazarus signal' (pop -> flag -> breakout / life pouring in). Entry only on confirmation, never… Thebuildout Advanced Packaging Equipment Outflow -3.7% 30D TheBuildout · Advanced Packaging Equipment — their curated supply-chain list (https://thebuildout.ai/lists/advanced-packaging-equipment), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines… Thebuildout Package Substrate Interposer Ecosystem Outflow -3.7% 30D TheBuildout · Package Substrate & Interposer Ecosystem — their curated supply-chain list (https://thebuildout.ai/lists/package-substrate-interposer-ecosystem), imported 2026-08-19 as a brand-tagged watchlist. Our slice… Thebuildout Glass Core Panel Level Packaging Outflow -3.7% 30D TheBuildout · Glass Core & Panel-Level Packaging — their curated supply-chain list (https://thebuildout.ai/lists/glass-core-panel-level-packaging), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout High Speed Pcbs Server Networking Outflow -3.9% 30D TheBuildout · High-Speed PCBs (Server/Networking Grade) — their curated supply-chain list (https://thebuildout.ai/lists/high-speed-pcbs-server-networking), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Trailing Edge Logic Specialty Foundries Outflow -4.0% 30D TheBuildout · Trailing-Edge Logic & Specialty Foundries — their curated supply-chain list (https://thebuildout.ai/lists/trailing-edge-logic-specialty-foundries), imported 2026-08-19 as a brand-tagged watchlist. Our… Thebuildout Connector High Speed Interconnect Outflow -4.1% 30D TheBuildout · Connector & High-Speed Interconnect Suppliers — their curated supply-chain list (https://thebuildout.ai/lists/connector-high-speed-interconnect), imported 2026-08-19 as a brand-tagged watchlist. Our slice… Thebuildout Optical Transceivers Modules Outflow -4.1% 30D TheBuildout · Optical Transceivers & Modules — their curated supply-chain list (https://thebuildout.ai/lists/optical-transceivers-modules), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR… Thebuildout Data Center Fiber High Speed Cabling Outflow -4.1% 30D TheBuildout · Data Center Fiber & High-Speed Cabling — their curated supply-chain list (https://thebuildout.ai/lists/data-center-fiber-high-speed-cabling), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Electricity Outflow -4.6% 30D The electricity layer of the AI buildout, consolidated: generation, grid and transmission, transformers, distribution and busways, turbines, nuclear, fuel cells, UPS and storage, power semiconductors and PSUs. Created… Thebuildout Photoresists Lithography Materials Outflow -4.7% 30D TheBuildout · Photoresists & Lithography Materials — their curated supply-chain list (https://thebuildout.ai/lists/photoresists-lithography-materials), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Data Center Thermal Management Outflow -4.8% 30D TheBuildout · Data Center Thermal Management (Air & Liquid) — their curated supply-chain list (https://thebuildout.ai/lists/data-center-thermal-management), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Web Cloud Outflow -4.8% 30D Web/Cloud Infrastructure - Edge computing, CDN, databases, data platforms, observability Quantum Computing Outflow -5.0% 30D Quantum-compute pure-plays. Gate/trapped-ion (IONQ), superconducting (RGTI/Rigetti), annealing (QBTS/D-Wave), photonic (QUBT/Quantum Computing Inc, XNDU/Xanadu — de-SPAC 2026-03), cold-atom/Rydberg (INFQ/Infleqtion —… Thebuildout Data Center Power Semiconductors Outflow -5.1% 30D TheBuildout · Data Center Power Semiconductors — their curated supply-chain list (https://thebuildout.ai/lists/data-center-power-semiconductors), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Grid Infrastructure Transmission Outflow -5.1% 30D TheBuildout · Grid Infrastructure & Transmission — their curated supply-chain list (https://thebuildout.ai/lists/grid-infrastructure-transmission), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Co Packaged Optics CPO Outflow -5.2% 30D TheBuildout · Co-Packaged Optics (CPO) — their curated supply-chain list (https://thebuildout.ai/lists/co-packaged-optics-cpo), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the… Thebuildout Semiconductor Bonding Interconnect Materials Outflow -5.3% 30D TheBuildout · Semiconductor Bonding & Interconnect Materials — their curated supply-chain list (https://thebuildout.ai/lists/semiconductor-bonding-interconnect-materials), imported 2026-08-19 as a brand-tagged… Thebuildout Semiconductor Test Burn In Equipment Outflow -5.5% 30D TheBuildout · Semiconductor Test & Burn-In Equipment — their curated supply-chain list (https://thebuildout.ai/lists/semiconductor-test-burn-in-equipment), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Semiconductor Fab Construction Engineering Outflow -5.7% 30D TheBuildout · Semiconductor Fab Construction & Engineering — their curated supply-chain list (https://thebuildout.ai/lists/semiconductor-fab-construction-engineering), imported 2026-08-19 as a brand-tagged watchlist.… Thebuildout Deposition Equipment Outflow -5.8% 30D TheBuildout · Deposition Equipment — their curated supply-chain list (https://thebuildout.ai/lists/deposition-equipment), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the free-tier… AI Power Outflow -6.0% 30D AI Power Bottleneck — Leopold Aschenbrenner's watts-per-rack thesis. Fuel cells (BE), distributed power (PSIX, BW), nat gas (EQT, LBRT, PUMP), BTC miners pivoting to AI compute (CORZ, IREN, APLD, CIFR, HUT, BTDR, CLSK,… War Sensitivity Outflow -6.1% 30D War-sensitivity watchlist — stocks ranked by their reaction to ceasefire fake-outs (TACO trades). Tier 1 fast movers: COPX/JETS/UAE (5-9% pops). Tier 2 hidden oil-sensitive: W/RH/ATZ/AS (heavy-goods shipping costs).… Robotics Outflow -6.2% 30D Robotics & physical-AI across the stack — seeded 2026-06-27 from @mkfilko + @MMatters22596 robotics baskets (live rotation theme). Layers: brain/compute (NVDA Isaac/GR00T, BB/QNX OS), vision (CGNX, AMBA), lidar/sensors… Thebuildout Industrial Robotics Automation Outflow -6.2% 30D TheBuildout · Industrial Robotics & Automation — their curated supply-chain list (https://thebuildout.ai/lists/industrial-robotics-automation), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR… Humanoid Robotics Outflow -6.3% 30D Humanoid robotics components — sensors and motion control for the 2027-2028 humanoid wave. Component layer: VPG (Vishay Precision Group — strain gauges and force/torque sensors), MOG-A (Moog — precision motion… Thebuildout Fuel Cells Alternative Dc Power Outflow -6.3% 30D TheBuildout · Fuel Cells & Alternative DC Power — their curated supply-chain list (https://thebuildout.ai/lists/fuel-cells-alternative-dc-power), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Ups Energy Storage Data Centers Outflow -6.6% 30D TheBuildout · UPS & Energy Storage for Data Centers — their curated supply-chain list (https://thebuildout.ai/lists/ups-energy-storage-data-centers), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Natural Gas Turbines Dc Power Outflow -6.6% 30D TheBuildout · Natural Gas Turbines & DC Power Generation — their curated supply-chain list (https://thebuildout.ai/lists/natural-gas-turbines-dc-power), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Transformers Grid Interconnect Outflow -6.6% 30D TheBuildout · Transformers & Grid Interconnect Hardware — their curated supply-chain list (https://thebuildout.ai/lists/transformers-grid-interconnect), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… Thebuildout Ems Contract Electronics Manufacturing Outflow -6.8% 30D TheBuildout · EMS / Contract Electronics Manufacturing — their curated supply-chain list (https://thebuildout.ai/lists/ems-contract-electronics-manufacturing), imported 2026-08-19 as a brand-tagged watchlist. Our slice… Retail Outflow -6.8% 30D Retail/Consumer - ETFs (XRT retail). Home Improvement (HD, LOW), E-commerce (SHOP), Athletic/Apparel (AS, LULU, NKE, DECK, CROX, ANF), Food/Beverage (SBUX, MCD, CMG, DPZ, YUM), General Retail (COST, WMT, TGT, TJX) Travel Leisure Outflow -6.9% 30D Travel & leisure — war-ends playbook beneficiary. Oil drop → travel cost reduction, pent-up demand, cruise recovery. Consumer Outflow -7.0% 30D Consumer brands - ETFs (XLY consumer discretionary). Athleisure (AS, LULU, NKE, DECK, CROX), food/beverage (SBUX, CMG, DPZ), health/wellness (HIMS), payments (PYPL, XYZ — Block Inc, ticker renamed from SQ in 2025),… Thebuildout Cmp Slurries Consumables Outflow -7.4% 30D TheBuildout · CMP Slurries & Consumables — their curated supply-chain list (https://thebuildout.ai/lists/cmp-slurries-consumables), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the… Optical Supply Chain Outflow -7.5% 30D Optical/photonics supply chain — AI optical supercycle plays. Laser sources (LITE, COHR), optical networking (CIEN), silicon photonics (ALAB, SMTC), foundry (TSEM), next-gen modulators (LWLG, SIVEF/Sivers Semiconductors… Livestock Disease Outflow -7.6% 30D Livestock-disease / beef supply-shock — single consolidated watchlist + alert hub for the New World Screwworm → cattle-supply thesis (first US case 2026-06-03; US herd 75-yr low; record beef). ROLES: (A) Animal-health… Thebuildout Power Distribution Pdus Busways Outflow -7.8% 30D TheBuildout · Power Distribution (PDUs, Busways, Switchgear) — their curated supply-chain list (https://thebuildout.ai/lists/power-distribution-pdus-busways), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… WFE Test Metrology Outflow -8.1% 30D Semiconductor wafer-fab equipment, process control, metrology, test, packaging, and materials suppliers. Thebuildout Semiconductor Ip Licensors Outflow -8.2% 30D TheBuildout · Semiconductor IP Licensors — their curated supply-chain list (https://thebuildout.ai/lists/semiconductor-ip-licensors), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of… Thebuildout Power Supplies Psu Power Shelves Outflow -9.0% 30D TheBuildout · Power Supplies (PSU) & Power Shelves — their curated supply-chain list (https://thebuildout.ai/lists/power-supplies-psu-power-shelves), imported 2026-08-19 as a brand-tagged watchlist. Our slice =… China Tech Outflow -9.2% 30D Chinese internet and platform leaders with broad mainland, Hong Kong, and technology ETF exposure. Defense Contractors Outflow -9.7% 30D Defense contractors - ETFs (ITA aerospace/defense, PPA aerospace/defense). Lockheed Martin, RTX (Raytheon), Northrop Grumman, General Dynamics, L3Harris, Boeing. Thebuildout Etch Equipment Outflow -9.7% 30D TheBuildout · Etch Equipment — their curated supply-chain list (https://thebuildout.ai/lists/etch-equipment), imported 2026-08-19 as a brand-tagged watchlist. Our slice = US-listed/ADR lines of the free-tier visible… Grid Buildout Outflow -10.3% 30D Transformer, switchgear, electrical-equipment, and engineering contractors exposed to transmission and data-center grid buildout. Cultural Thesis Outflow -11.0% 30D Cultural thesis watchlist — stocks driven by consumer behavior shifts, social arbitrage signals, and cultural cascades. HIMS = telehealth / GLP-1 cultural arbitrage (replaced BRBR as the protein-economy vehicle… Drone Defense Outflow -13.8% 30D Drone & counter-drone defense — offense (AVAV AeroVironment, AVEX AEVEX Corp — newly-public April 2026 full-stack drone + AI ISR, KTOS Kratos, RCAT Red Cat — small-cap manufacturer), counter-drone (EOPSF Electro Optic… Airlines Outflow -17.4% 30D Airlines — war-ends playbook beneficiary. Oil drop → margin expansion, leisure travel recovery. JETS ETF for broad exposure. (Removed 2026-05-04: HA absorbed by ALK via 2024 acquisition; SAVE bankrupt + delisted…

7. Key Signals

Recorded signals · 51

AMGN: breakout → uptrendARKW: basing → pullbackAVAL: uptrend → basingBANB.SW: basing → uptrendBDX: breakout → uptrendBMY: breakout → uptrendBRKR: pullback → uptrendCBZ: pullback → uptrendCOWZ: breakout → uptrendCRDO: pullback → collapseDTE: basing → pullbackDVN: basing → uptrendFCX: breakout → uptrendGRID: basing → pullbackGTLB: pullback → uptrendHLT: basing → pullbackHWM: uptrend → basingMDB: uptrend → pullbackNIQ: parabolic → uptrendPANW: uptrend → pullbackQCOM: collapse → pullbackRTX: uptrend → pullbackSRPT: pullback → uptrendXLV: breakout → uptrend

Insider filings · 200

ILMN2026-09-04 ALAB2026-09-03 CRWV2026-09-03 STX2026-09-03 WDAY2026-09-03 LRCX2026-09-03 OKTA2026-09-04 CRWV2026-09-03 DDOG2026-09-03 FROG2026-09-03 JNJ2026-09-04 KRYS2026-09-04 KRYS2026-09-04 RKLB2026-09-04

8. Paper Trade Report Card

yolo $112,317 +12.3% 12 open · updated 2026-09-04

claude trader $110,581 +10.6% 20 open · updated 2026-09-04

dip buyer $100,000 0.0% 0 open · updated n/a

momentum trader $99,693 -0.3% 3 open · updated 2026-09-04

bench signals $58,499 n/a 58 open · updated 2026-09-04

9. Active Perspectives

AI power: generation and grid equipment active high latest 2026-09-06

AI power: rack and chip conversion active high latest 2026-09-06

AI optics: bandwidth becomes supplier earnings active high latest 2026-09-06

AI memory: pricing discipline through the supply ramp active high latest 2026-09-06

Nearline storage: density and supplier discipline active high latest 2026-09-06

Energy disruption: physical flows and exporter economics monitoring medium latest 2026-09-06

Nuclear fuel: contracting reaches enrichment and supply monitoring medium latest 2026-09-06

Biotech funding: conversion into tools and CRO orders monitoring medium latest 2026-09-06

AI spending: the supplier earnings reversal case monitoring medium latest 2026-09-06

Drone defense: contracts become profitable deliveries monitoring medium latest 2026-09-06

Today's Actions · 40 LULU $100.61 · SNPS $393.84 · SYK $303.13

exit · 3

LULU $100.61 breaking down — -16.7% this week, 55.5% off its 52-week high and still falling; down 51.2% over the past year and 34.1% below its 200-day — the long trend agrees

SNPS $393.84 breaking down — -11.0% this week, 36.0% off its 52-week high and still falling; down 34.6% over the past year and 11.9% below its 200-day — the long trend agrees

SYK $303.13 breaking down — -8.3% this week, 23.6% off its 52-week high and still falling; down 23.1% over the past year and 10.4% below its 200-day — the long trend agrees

entry · 37

NVDA breaking out 2.6% off its 52-week high after a +5.9% week

DELL breaking out 2.0% off its 52-week high after a +14.9% week — a +33% three-month run, not a one-week pop

VLO breaking out 1.2% off its 52-week high after a +5.2% week — a +45% three-month run, not a one-week pop

META $600–630 coming into play — 22.0% off its 52-week high with the tape turning up (+6.7% this week) · in its $600–630 buy zone trend-hold

TMUS coming into play — 29.3% off its 52-week high with the tape turning up (+0.1% this week)

SPGI coming into play — 19.7% off its 52-week high with the tape turning up (+0.1% this week)

ABCL $8.45 watch-grade call — 4 of 5 bells lit (research, trigger, tape, regime); trigger at $8.45 trend-hold

MSFT $442 watch-grade call — 4 of 5 bells lit (research, trigger, tape, regime); trigger at $442 trend-hold

MU $989.96 4 of 5 bells lit (research, trigger, tape, regime); trigger at $989.96

SKHY $151.05 watch-grade call — 4 of 5 bells lit (research, trigger, tape, regime); trigger at $151.05 trend-hold

IREN $45.66 watch-grade call — 3 of 5 bells lit (research, tape, regime); trigger at $45.66 · bottom pop — new this week

COHR $299.22 watch-grade call — 3 of 5 bells lit (research, advisory, regime); trigger at $299.22 · tape broken

CRDO $255.50 3 of 5 bells lit (research, advisory, regime); trigger at $255.50 · tape broken trend-hold

MKSI watch-grade call — 3 of 5 bells lit (research, advisory, regime) · tape broken

SPY watch-grade call — 3 of 5 bells lit (research, advisory, regime) · a real base is forming — watch for the breakout trend-hold

TLT $82.60 watch-grade call — 3 of 5 bells lit (research, advisory, regime); trigger at $82.60 · tape broken trend-hold

UUP watch-grade call — 3 of 5 bells lit (research, advisory, regime) · a real base is forming — watch for the breakout

AAPL no setup today — still in trend, +0.1% this week, 7.1% off its 52-week high

AMZN no setup today — still in trend, -3.0% this week, 10.0% off its 52-week high

ARGX no setup today — still in trend, +1.0% this week, 3.7% off its 52-week high

ARM no setup today — drifting down, +5.5% this week, 44.3% off its 52-week high trend-hold

ARQQ no setup today — still in trend, +6.6% this week, 65.5% off its 52-week high

GOOGL no setup today — drifting down, -2.4% this week, 17.2% off its 52-week high

HQ no setup today — moving sideways, +2.5% this week, 65.4% off its 52-week high

ILMN no setup today — still in trend, +1.2% this week, 5.9% off its 52-week high

IONQ no setup today — under pressure, +0.8% this week, 53.3% off its 52-week high

LAES no setup today — under pressure, -2.4% this week, 72.2% off its 52-week high

NET no setup today — drifting down, -7.0% this week, 16.0% off its 52-week high trend-hold

NTR no setup today — still in trend, +8.1% this week, 6.9% off its 52-week high

OUST no setup today — drifting down, +5.2% this week, 42.9% off its 52-week high

PL no setup today — under pressure, -9.3% this week, 65.0% off its 52-week high trend-hold

QBTS no setup today — under pressure, -2.4% this week, 64.5% off its 52-week high

QUBT no setup today — under pressure, -1.7% this week, 69.0% off its 52-week high

RGTI no setup today — under pressure, -2.5% this week, 73.9% off its 52-week high

SHOP no setup today — still in trend, -5.1% this week, 20.4% off its 52-week high

TSLA no setup today — under pressure, +1.5% this week, 29.0% off its 52-week high

XNDU no setup today — under pressure, -7.5% this week, 77.1% off its 52-week high

The desk's frozen record The machine-built sections as this issue recorded them — the tape, calls, and wires that were true on this date (desk plumbing and file-path lines removed for reading).

1 machine source could not be read when this issue was built — its record shows a partially degraded day.

Regime State

State counts: collapse: 152, pullback: 419, uptrend: 292, downtrend: 123.
Latest transition batch: 2026-09-04 vs 2026-09-03; 24 confirmed state-to-state flips, 0 entries, 0 exits.
Confirmed flips: $AMGN breakout -> uptrend; $ARKW basing -> pullback; $AVAL uptrend -> basing; $BANB.SW basing -> uptrend; $BDX breakout -> uptrend; $BMY breakout -> uptrend.

Rates & Macro

Source: FRED last-good series under macro; values are aligned to the desk date without interpolation.

Series	Observation	Tape alignment	Receipt
2Y Treasury (`DGS2`)	4.34% as of 2026-09-03	carried	fresh
10Y Treasury (`DGS10`)	4.77% as of 2026-09-03	carried	fresh
10Y minus 2Y curve (`T10Y2Y`)	0.41% as of 2026-09-04	direct	fresh
Effective fed funds (`DFF`)	3.63% as of 2026-09-03	carried	fresh
10Y real yield (`DFII10`)	2.42% as of 2026-09-03	carried	fresh
CPI (all urban consumers) (`CPIAUCSL`)	332.8 as of 2026-07-01	carried	fresh
US high-yield option-adjusted spread (`BAMLH0A0HYM2`)	2.65% as of 2026-09-03	carried	fresh
Broad US dollar index (`DTWEXBGS`)	118.7 as of 2026-08-28	carried	fresh
VIX close (`VIXCLS`)	14.32 as of 2026-09-03	carried	fresh
Chicago Fed financial conditions (`NFCI`)	-0.56 as of 2026-08-28	carried	fresh

Cross-sector Rotation

Money rotating INTO Crypto (RS +23.1, 30% strong-up, today -2.4%), Hard Assets (RS +18.5, 7% strong-up, today -1.7%), Thebuildout Nand Flash Memory (RS +13.8, 60% strong-up, today +7.0%) — OUT OF Airlines (RS -17.5), Drone Defense (RS -13.8), Cultural Thesis (RS -11.0). Benchmark SPY +0.1% 30d. ⚡ EMERGING (turning up before the trailing board): Thebuildout Semiconductor Fab Construction Engineering (accel +3.3, 60% up), Thebuildout Semiconductor Test Burn In Equipment (accel +3.2, 50% up). ◔ EARLY TURN (accelerating, breadth unconfirmed — probe, not a call): Neoclouds (accel +11.1, 40% up, led by IREN/HUT/CBRS), Thebuildout High Speed Pcbs Server Networking (accel +5.9, 33% up, led by TTMI/APH/SANM), Thebuildout Transformers Grid Interconnect (accel +5.0, 0% up, led by VRT/NVT/SMTOY), Thebuildout Etch Equipment (accel +4.7, 0% up, led by KLAC/AEIS/ENTG), Thebuildout Racks Chassis Mechanical Infrastructure (accel +4.5, 31% up, led by DELL/MOD/VRT). TURNING LAGGARDS (30d RS still negative; 7d RS now positive): Thebuildout Etch Equipment (30d -9.7, 7d +2.3, divergence +12.0), Grid Buildout (30d -10.3, 7d +1.7, divergence +12.0), Thebuildout Power Supplies Psu Power Shelves (30d -9.1, 7d +1.9, divergence +11.0), Thebuildout Power Distribution Pdus Busways (30d -7.8, 7d +2.4, divergence +10.2), Thebuildout Transformers Grid Interconnect (30d -6.7, 7d +3.4, divergence +10.0), Thebuildout Ems Contract Electronics Manufacturing (30d -6.8, 7d +2.6, divergence +9.4), WFE Test Metrology (30d -8.1, 7d +0.9, divergence +9.1), Thebuildout High Speed Pcbs Server Networking (30d -3.9, 7d +4.8, divergence +8.8), AI Power (30d -6.0, 7d +2.5, divergence +8.5), Thebuildout Natural Gas Turbines Dc Power (30d -6.6, 7d +1.9, divergence +8.5), Optical Supply Chain (30d -7.5, 7d +0.9, divergence +8.4), Thebuildout Ups Energy Storage Data Centers (30d -6.6, 7d +1.6, divergence +8.2), Thebuildout Fuel Cells Alternative Dc Power (30d -6.4, 7d +1.6, divergence +8.0), Thebuildout Semiconductor Fab Construction Engineering (30d -5.7, 7d +1.8, divergence +7.5), Thebuildout Connector High Speed Interconnect (30d -4.1, 7d +3.3, divergence +7.4), Thebuildout Semiconductor Test Burn In Equipment (30d -5.5, 7d +1.8, divergence +7.3), Thebuildout Racks Chassis Mechanical Infrastructure (30d -3.6, 7d +3.6, divergence +7.2), Thebuildout Deposition Equipment (30d -5.8, 7d +1.3, divergence +7.2), Thebuildout Data Center Fiber High Speed Cabling (30d -4.1, 7d +2.8, divergence +7.0), Thebuildout Industrial Robotics Automation (30d -6.3, 7d +0.6, divergence +6.8), Thebuildout Data Center Thermal Management (30d -4.8, 7d +2.0, divergence +6.8), Thebuildout Co Packaged Optics CPO (30d -5.3, 7d +0.9, divergence +6.1), Thebuildout Data Center Power Semiconductors (30d -5.1, 7d +0.9, divergence +6.0), Thebuildout Trailing Edge Logic Specialty Foundries (30d -4.0, 7d +2.0, divergence +6.0), Thebuildout Grid Infrastructure Transmission (30d -5.2, 7d +0.7, divergence +5.8), Electricity (30d -4.7, 7d +1.0, divergence +5.7), Thebuildout Semiconductor Bonding Interconnect Materials (30d -5.3, 7d +0.3, divergence +5.6), Thebuildout Optical Transceivers Modules (30d -4.1, 7d +1.1, divergence +5.2), AI Infrastructure (30d -3.4, 7d +1.8, divergence +5.2), Thebuildout AI Sensors Perception Hardware (30d -3.3, 7d +1.8, divergence +5.2), Semis (30d -2.7, 7d +2.4, divergence +5.1), Thebuildout Autonomous Vehicles Self Driving (30d -3.5, 7d +1.6, divergence +5.0), Thebuildout Data Center Networking Silicon (30d -3.6, 7d +1.4, divergence +5.0), Thebuildout Humanoid Robots Embodied AI (30d -3.3, 7d +1.6, divergence +4.9), Thebuildout Photoresists Lithography Materials (30d -4.7, 7d +0.0, divergence +4.8), Thebuildout Advanced Packaging Equipment (30d -3.8, 7d +0.8, divergence +4.6), Thebuildout Glass Core Panel Level Packaging (30d -3.8, 7d +0.8, divergence +4.6), Thebuildout Package Substrate Interposer Ecosystem (30d -3.8, 7d +0.0, divergence +3.8), Thebuildout Renewable Energy Hyperscaler Ppas (30d -2.8, 7d +0.9, divergence +3.7), Thebuildout Nuclear Energy Data Centers (30d -2.9, 7d +0.6, divergence +3.5). Fading leaders: Hard Assets (accel -4.3, today -1.7%), Government Compute (accel -4.1, today -1.2%), Cloud SAAS (accel -5.2, today -3.0%), Copper (accel -6.0, today -0.4%), Cloud ETFS (accel -5.1, today -2.3%), Trace Glp1 Manufacturing (accel -3.0, today -1.0%).
⚡ Front-run (emerging, turning up before the trailing board): Thebuildout Semiconductor Fab Construction Engineering (accel +3.3, 60% up); Thebuildout Semiconductor Test Burn In Equipment (accel +3.2, 50% up).
↗ Turning laggards (30d RS still negative; 7d RS now positive): thebuildout-etch-equipment (30d -9.7, 7d +2.3, divergence +12.0); grid-buildout (30d -10.3, 7d +1.7, divergence +12.0); thebuildout-power-supplies-psu-power-shelves (30d -9.1, 7d +1.9, divergence +11.0); thebuildout-power-distribution-pdus-busways (30d -7.8, 7d +2.4, divergence +10.2); thebuildout-transformers-grid-interconnect (30d -6.7, 7d +3.4, divergence +10.0); thebuildout-ems-contract-electronics-manufacturing (30d -6.8, 7d +2.6, divergence +9.4); wfe-test-metrology (30d -8.1, 7d +0.9, divergence +9.1); thebuildout-high-speed-pcbs-server-networking (30d -3.9, 7d +4.8, divergence +8.8); ai-power (30d -6.0, 7d +2.5, divergence +8.5); thebuildout-natural-gas-turbines-dc-power (30d -6.6, 7d +1.9, divergence +8.5); optical-supply-chain (30d -7.5, 7d +0.9, divergence +8.4); thebuildout-ups-energy-storage-data-centers (30d -6.6, 7d +1.6, divergence +8.2); thebuildout-fuel-cells-alternative-dc-power (30d -6.4, 7d +1.6, divergence +8.0); thebuildout-semiconductor-fab-construction-engineering (30d -5.7, 7d +1.8, divergence +7.5); thebuildout-connector-high-speed-interconnect (30d -4.1, 7d +3.3, divergence +7.4); thebuildout-semiconductor-test-burn-in-equipment (30d -5.5, 7d +1.8, divergence +7.3); thebuildout-racks-chassis-mechanical-infrastructure (30d -3.6, 7d +3.6, divergence +7.2); thebuildout-deposition-equipment (30d -5.8, 7d +1.3, divergence +7.2); thebuildout-data-center-fiber-high-speed-cabling (30d -4.1, 7d +2.8, divergence +7.0); thebuildout-industrial-robotics-automation (30d -6.3, 7d +0.6, divergence +6.8); thebuildout-data-center-thermal-management (30d -4.8, 7d +2.0, divergence +6.8); thebuildout-co-packaged-optics-cpo (30d -5.3, 7d +0.9, divergence +6.1); thebuildout-data-center-power-semiconductors (30d -5.1, 7d +0.9, divergence +6.0); thebuildout-trailing-edge-logic-specialty-foundries (30d -4.0, 7d +2.0, divergence +6.0); thebuildout-grid-infrastructure-transmission (30d -5.2, 7d +0.7, divergence +5.8); electricity (30d -4.7, 7d +1.0, divergence +5.7); thebuildout-semiconductor-bonding-interconnect-materials (30d -5.3, 7d +0.3, divergence +5.6); thebuildout-optical-transceivers-modules (30d -4.1, 7d +1.1, divergence +5.2); ai-infrastructure (30d -3.4, 7d +1.8, divergence +5.2); thebuildout-ai-sensors-perception-hardware (30d -3.3, 7d +1.8, divergence +5.2); semis (30d -2.7, 7d +2.4, divergence +5.1); thebuildout-autonomous-vehicles-self-driving (30d -3.5, 7d +1.6, divergence +5.0); thebuildout-data-center-networking-silicon (30d -3.6, 7d +1.4, divergence +5.0); thebuildout-humanoid-robots-embodied-ai (30d -3.3, 7d +1.6, divergence +4.9); thebuildout-photoresists-lithography-materials (30d -4.7, 7d +0.0, divergence +4.8); thebuildout-advanced-packaging-equipment (30d -3.8, 7d +0.8, divergence +4.6); thebuildout-glass-core-panel-level-packaging (30d -3.8, 7d +0.8, divergence +4.6); thebuildout-package-substrate-interposer-ecosystem (30d -3.8, 7d +0.0, divergence +3.8); thebuildout-renewable-energy-hyperscaler-ppas (30d -2.8, 7d +0.9, divergence +3.7); thebuildout-nuclear-energy-data-centers (30d -2.9, 7d +0.6, divergence +3.5).

Lane Tape

Reference: SPY -0.4%, RSP -0.5%. 124 lanes with 3+ settled names; 26 closed at least 90% up, 8 at least 90% down.

Lane	Med 1D	Up	30d phase
Thebuildout Nand Flash Memory	+7.0%	5/5	leading (RS +13.8)
Memory	+6.3%	11/11	leading (RS +10.9)
Thebuildout Lithography Equipment	+6.2%	5/6	neutral (RS -3.4)
Thebuildout Dram Memory	+6.1%	4/4	leading (RS +4.3)
Nearline Storage	+5.9%	4/6 of 7	neutral (RS -1.7)
Neoclouds	+5.7%	8/10	early-turn (RS -1.3)
Thebuildout Semiconductor Test Burn In Equipment	+5.5%	4/4	emerging (RS -5.5)
Thebuildout Deposition Equipment	+5.1%	4/4	neutral (RS -5.8)
… 108 more
Mag7	-1.2%	2/8	leading (RS +2.6)
Hard Assets	-1.4%	2/12 of 14	fading (RS +18.5)
Web Cloud	-2.0%	1/9	lagging (RS -4.8)
Adtech	-2.0%	2/10	leading (RS +8.6)
Cloud ETFS	-2.2%	0/4	fading (RS +4.3)
Crypto	-2.4%	2/11 of 20	leading (RS +23.1)
Cloud SAAS	-3.0%	1/16	fading (RS +5.1)
Lazarus	-3.4%	0/10	lagging (RS -3.8)

What moved together

Crypto -2.4% median, 2 of 11 up; the 30-day rank reads leading — the month is strong, the day is not.
Adtech -2.0% median, 2 of 10 up; the 30-day rank reads leading — the month is strong, the day is not.
Mag7 -1.2% median, 2 of 8 up; the 30-day rank reads leading — the month is strong, the day is not.
Thebuildout Nand Flash Memory +7.0% median, 5 of 5 up, 7.4 points above the S&P 500 — the lane moved as one.
Memory +6.3% median, 11 of 11 up, 6.7 points above the S&P 500 — the lane moved as one.
Thebuildout Etch Equipment +5.1% median, 6 of 6 up, 5.5 points above the S&P 500 — the lane moved as one.
WFE Test Metrology +4.9% median, 14 of 14 up, 5.3 points above the S&P 500 — the lane moved as one.
Thebuildout Advanced Packaging Equipment +4.3% median, 7 of 7 up, 4.7 points above the S&P 500 — the lane moved as one.
Thebuildout Glass Core Panel Level Packaging +4.3% median, 9 of 9 up, 4.7 points above the S&P 500 — the lane moved as one.
CPU Shortage Supply Chain +3.9% median, 8 of 8 up, 4.3 points above the S&P 500 — the lane moved as one.

Movers and their cohorts

$LULU -17.4% on 8.7× volume — attribution: watched; Cultural Thesis -0.9% (1/8), Lazarus -3.4% (0/10), Consumer -0.7% (4/15), Retail -0.5% (8/20); 1 more lane
$PATH -16.6% — attribution: watched; Robotics +1.3% (34/49), AI lane +0.0% (34/67)
$AEHR +13.1% — attribution: watched; Optical Supply Chain +3.7% (34/36)
$ASAN -12.7% on 3.7× volume — attribution: blindside; Tech Insider Buys -0.8% (18/42)
$SNDK +11.9% — attribution: watched; Thebuildout Nand Flash Memory +7.0% (5/5), Memory +6.3% (11/11), Thebuildout AI Storage Data Pipeline +1.4% (14/19), Focus -0.5% (11/25); 1 more lane
$EOSE +10.9% — attribution: blindside; Energy +1.3% (8/12), AI lane +0.0% (34/67)
$CBRS +10.3% — attribution: blindside; Neoclouds +5.7% (8/10), Thebuildout AI Data Center Operators Neoclouds +2.8% (13/18), Thebuildout Custom AI Silicon Hyperscaler Asics +2.9% (19/24), AI Infrastructure +1.7% (41/54)

Mover bar: a 1D move of 10%+, or 3× volume with a 1D move of 5%+; price $1+, $50M+ dollar volume; daily-reset leveraged and synthetic-income wrappers excluded.

Volatility Gate

VIX 14.53 (CALM) · 1d +1.5%. 😴 VIX CALM — 14.53 (<16). Complacent; no fear discount available.
No fire-sale trigger (rule: >=30% one-day spike is the trigger; the level alone is context).
Credit tape (7d): HYG -0.7% · LQD -0.8% · IEF -0.7% — the flush-vs-break discriminator: orderly credit means the selling is positioning, not a credit event.

Crowd Odds

Bitcoin reaches $80,000 by December 31, 2026 (crypto-geopolitics reopen trigger level) — 100% (Polymarket, as of 09-05; wk +14pt)
Fed hikes 25bps at the September 2026 meeting (Polymarket cross-check) — 51% (Polymarket, as of 09-05; wk +0pt)
Fed holds (0bps) at the September 16, 2026 meeting — 49% (Kalshi, as of 09-05; wk +0pt)
Government shutdown by October 1, 2026 (Polymarket cross-check) — 2% (Polymarket, as of 09-05; wk -8pt)
US government shut down on Oct 1, 2026 — 2% (Kalshi, as of 09-05; wk -4pt)
NVIDIA is the largest company by market cap on December 31, 2026 — 80% (Polymarket, as of 09-05; wk +4pt)
US recession by end of 2026 (Polymarket cross-check) — 7% (Polymarket, as of 09-05; wk -1pt)
NBER-dated US recession in 2026 — 6% (Kalshi, as of 09-05; wk -2pt)

Upcoming Prints (next 72h)

2026-09-07 — pre-market: KEN
2026-09-08 — after close: CASY, BRZE
2026-09-09 — after close: AVAV, NAVN, LAES

Tripwires

Tripwires: no new trips since the 2026-09-06 duty pass.

Desk Calls

Ticker	Stance	Entry	Review-by	30d vs SPY
$BE	watch	holds the 200-day average at $188.51	2026-09-25	pending
$GDX	watch	the confirming leg, not the broken one — 11.6% above its 200-day on a +62.48% year;…	2026-09-25	pending
$GLD	watch	a close back above the 200-day ($414.79) that holds a full week; below that the…	2026-09-04 (overdue)	pending
$MKSI	watch	reclaims its 200-day average at $259.70 with RSI back above 45	2026-09-25	pending
$SIL	watch	same shape as GDX — 11.5% above its 200-day on a +75.94% year	2026-09-25	pending
$SLV	pass	n/a — 7.7% below its own 200-day and widening; a reclaim of that average is the…	2026-09-25	pending
$AGIO	watch	after the current reset prints a higher low, reclaims the 50-day ($35.56) with RSI…	2026-09-24	pending
$DHR	watch (in zone)	after a pullback to the $210.39 volume shelf, holds and turns back above it with RSI…	2026-09-24	pending
$EWY	pass	the one-factor market: 16 of the last 45 sessions moved more than 4% — the template…	2026-09-19	pending
$GDX	watch	the policy-blink bid is real but entries are pullbacks, not +8% days — a hold of the…	2026-09-19	pending
$KRE	watch (invalidation?)	not a trade — the bank-stress tell the bond-fear feed keeps asserting; regionals are…	2026-09-19	pending
$BNO	watch	not a trade — the oil leg of the monitor. BNO ~$57 is Brent ~$100 at the current…	2026-09-19	pending
$HYG	watch (invalidation?)	not a trade — the tell. Credit at -0.31% from its high while the long bond makes…	2026-09-19	pending
$PSX	pass	same as VLO — RSI 80 at the high; nothing here to chase	2026-09-19	pending
$SPY	watch	no new entry — the trend is intact 0.86% off its high; hold it while the 200-day…	2026-09-19	pending
$TLT	watch (in zone)	the historical equity low arrives AT the yield peak, so the long bond is only worth…	2026-09-19	pending
$VLO	pass	the diesel-crack trade is made — RSI 74.8, 0.96% off its high, +35.46% in three…	2026-09-19	pending
$AXON	watch	a pullback that holds the $576.14 shelf or the 20-day ($556.43)	2026-09-30	pending
$ITA	pass	no entry 2.69% off a 52-week high with RSI 64.4; the wrapper prices the primes, not…	2026-09-30	pending
$KTOS	pass	no entry while price sits 12.3% below the 200-day ($73.65) with a death cross intact…	2026-09-30	pending
$RCAT	pass	no entry after a +20.85% week that stalled at the anchored VWAP from the low…	2026-09-30	pending
$UMAC	watch	a pullback that bases in $21-$24, where the value-area high ($21.09), 50-day…	2026-10-09	pending
$DUST	pass	n/a — the inverse side of the same instrument problem	2026-09-11	pending
$GDX	watch	don't chase RSI 70.3 after a +21.31% week — a first pullback that holds the 200-day…	2026-09-11	pending
$GLD	watch (in zone)	a close above the 200-day ($411.70) that holds with RSI above 55; $445 reopens the…	2026-09-04 (overdue)	pending
$NUGT	pass	n/a — leveraged miner exposure compounds the whipsaw that already makes miners the…	2026-09-11	pending
$SIL	watch (in zone)	above its 200-day by 2.4% but RSI 67.1 after +20.0% — same pullback discipline as…	2026-09-11	pending
$SIMO	watch	price back above the 20-day ($264.25) with the 30-day loss narrowing	2026-09-11	pending
$SLV	watch	the laggard of the complex at 9.8% below its 200-day ($63.76) — a reclaim of that…	2026-09-11	pending
$SNDK	pass	no entry while price sits 13.0% below the 20-day ($1,393.06) and 28.2% below the…	2026-09-11	pending
$STX	watch (in zone)	holds the 20-day ($834.21) and turns RSI back above 50	2026-09-11	pending
$UUP	watch	n/a — the dollar at RSI 39.5 is the tailwind, not the trade	2026-09-11	pending
$GLD	watch (in zone)	a close above the 200-day ($411.72) that holds with RSI above 55; $445 reopens the…	2026-09-04 (overdue)	pending
$CVX	watch	strongest RSI in the upstream cohort (67.2) — hold above the 20-day (~$185.34) to…	2026-09-11	+2.0%
$GLD	watch	this is a signal to watch, not a trade — a reclaim of the 20-day (~$373.15) would be…	2026-09-11	+7.3%
$HAL	avoid	not a trend-hold candidate yet — wait for a base and a reclaim of the 50-day…	2026-09-11	+11.6%
$PSX	watch	RSI is a hair under overbought (69.7) — wait for a pullback to the 20-day (~$200.76)…	2026-09-11	+13.8%
$USO	watch	the -5.5% weekly pullback holds above the 20-day (~$121.96) — a normal pullback…	2026-09-11	+0.8%
$VLO	watch	same setup as PSX — a pullback to the 20-day (~$295.63); note this row is one…	2026-09-11	+12.0%
$ELAN	watch (invalidation?)	a volume-confirmed (at least average volume) close through the 52-week high…	2026-08-14 (overdue)	-9.4%
$LEU	watch	first higher low after a clean Jul 29–30 capex read — the −18% month is a beta…	2026-08-08 (overdue)	+8.9%
$CLMT	pass	RSI 83 on 2.7x volume, +165% in a year — parabolic-chaser material, not trend-hold;…	2026-09-04 (overdue)	+7.2%
$DK	pass	reopen if it builds a multi-week base above the 20-day ($52.58) and resumes — a…	2026-09-04 (overdue)	-0.1%
$MPC	watch	the lane's quality large-cap; interest begins on the first pullback that HOLDS the…	2026-08-21 (overdue)	+9.5%
$MU	watch (in zone)	Friday printed a reversal bar (low $804, closed $848.95); a close above that bar's…	2026-08-14 (overdue)	+12.8%
$NVDA	watch (in zone)	the general never broke (−3.7% in 30 days vs the ETF's −15.7%); a reclaim of its…	2026-08-14 (overdue)	+6.6%
$PANW	watch	the lane's strongest structure (-2.7% from its 52-week high, +83% on the year);…	2026-09-04 (overdue)	+3.6%
$PL	watch (invalidation?)	untouchable while the knife falls (RSI 30, −14% on the week); interest begins when…	2026-09-11	+6.0%
$PSX	watch	the diversified laggard of the three (+70% on the year, midstream/chem mix dilutes…	2026-08-21 (overdue)	+11.1%
$S	watch	the laggard catching up (+30% in 30 days, still only +9% on the year and -8.6% from…	2026-09-10	+8.0%
$SMH	watch (invalidation?)	the complex switch: first close back above the 50-day ($597.33) after a higher low,…	2026-08-14 (overdue)	+2.2%
$STX	watch (in zone)	the complex's only accumulation-shaped bar: +5.7% on 1.35× volume, closed near the…	2026-08-14 (overdue)	+19.9%
$VLO	watch	best 12-month tape of the pure refiners (+117%); same frame — first 20-day hold…	2026-08-21 (overdue)	+6.7%
$ARM	watch (in zone)	reclaim the pre-registered $270 line and hold it — the trigger the thesis flag broke…	2026-08-08 (overdue)	-2.4%
$CCJ	watch	washed out at RSI 30 — wait for the $84 shelf to hold and a first higher low; the…	2026-09-15	+11.2%
$DUK	watch (invalidation?)	the one working expression — regulated rate-base growth from the same demand; a…	2026-09-15	-5.1%
$LEU	watch (in zone)	only after a full-quarter base — the enrichment monopoly story is intact but the…	2026-10-01	+14.0%
$VST	watch (invalidation?)	reclaim the 200-day (~$166) and hold it — first sign the derate is done	2026-09-15	-9.9%
$ABCL	watch (in zone)	the pop already happened (Feb low $2.78 to a $8.44 high) — this is the first flag;…	2026-08-31 (overdue)	+25.3%
$CBRS	watch (in zone)	a close above the post-flush bounce high ($221.30) confirms the higher low and…	2026-08-31 (overdue)	+13.0%
$META	watch (invalidation?)	second reclaim attempt off a higher low — buy interest is a close above ~$665,…	2026-08-31 (overdue)	-8.6%
$MSFT	watch (in zone)	no turn signature yet — interest begins at the 200-day reclaim (~$442) after a base;…	2026-10-01	+28.8%
$NTLA	watch (invalidation?)	golden cross, +31% month, and a fresh impulse into $18.48 on July 2 — buy interest…	2026-08-31 (overdue)	-25.0%
$ORCL	pass	reopen when the knife stops: the February low ($136) holds on this retest AND a +7%…	2026-10-01	+1.9%
$AXTI	pass	reopen only if it bases above its 200-day (~$42.55) for a full quarter AND revenue…	2026-10-01	+43.6%
$CIFR	pass	reopen only on revenue inflecting up AND visible de-leveraging of the $4.4B debt stack	2026-10-01	-25.1%
$CORZ	pass	reopen on a recapitalization that restores positive equity with the CoreWeave…	2026-10-01	-14.3%
$CRDO	buy (in zone)	elite fundamentals (33% operating margin on $1.34B FY26 revenue) with the…	2026-09-15	-7.1%
$CRWV	pass	reopen only on a financing regime change — interest expense stabilizing while…	2026-10-01	-3.0%
$EQT	watch (in zone)	the fundamentals are the best in the sweep (net income nearly quadrupled in two…	2026-10-01	-2.7%
$HUT	pass	reopen on a financed capacity deal that closes the gap between $160M of cash and…	2026-10-01	-20.3%
$KGS	buy (invalidation?)	the sleeper — record Q1, raised full-year guidance to include the Distributed Power…	2026-08-15 (overdue)	-18.0%
$MXL	watch (in zone)	wire-flagged inflection but already a 4.5x over the year and −16% this week on no…	2026-08-15 (overdue)	-16.6%
$OKTA	pass	the rotation's confirming leader — but RSI 78 and 3% off its high is chasing; reopen…	2026-09-15	-2.7%
$TER	buy (in zone)	the −21% week has no company event behind it — Q1 revenue rose 87% with a 21% EPS…	2026-08-15 (overdue)	+4.2%
$WDAY	watch	the earnings proof-point of the rotation (beat + raised subscription guide) but…	2026-09-15	+26.6%
$SKHY	watch (in zone)	first clean post-debut base — not the open (debut ~2026-07-10)	2026-09-01 (overdue)	-12.6%
$ZM	watch (in zone)	2 consecutive quarters of accelerating revenue; base over $92	2026-09-01 (overdue)	+16.0%
$STX	buy	own the cleanest un-hyped inflection — nearline-HDD margins compounding 23%→32% over…	2026-09-01 (overdue)	-5.3%

Resolved this week: $AMAT buy (2026-09-06); $COHR buy (2026-09-06); $GLW buy (2026-09-06); $IREN watch (2026-09-06); $LRCX buy (2026-09-06); $MRVL buy (2026-09-06); $NVDA watch (2026-09-06); $SOXX buy (2026-09-06); $TSM buy (2026-09-06); $VRT buy (2026-09-06); $WDC buy (2026-09-06); $WDC watch (2026-09-06); $CEG watch (2026-09-06); $GEV watch (2026-09-06); $CEG watch (2026-09-06); $MU watch (2026-09-06); $NVDA watch (2026-09-06); $NBIS buy (2026-09-06); $MU buy (2026-09-06); $SNDK watch (2026-09-06); $WDC buy (2026-09-06).

A desk call is an authored stance from a published report; entry and invalidation conditions are human-read, and the full ledger lives at /calls.

30d vs SPY is the raw name-vs-SPY move since the call — for trim/sell calls a NEGATIVE number means the call worked (the name fell after it).

From the Feeds

Curated picks from the last 7 days of the X / Reddit / Discord / web sweep — items the desk read and kept, not the raw capture firehose. Source: -pick- (type: curated-find).

web — Eric Nuttall - 60 days to the midterms with diesel at a record $XLE $XOP $VLO $PSX $MPC $USO $BNO · link
- Nuttall frames the energy tape as a political clock: 60 days to the US midterms with $240/bbl diesel, $4.10/gallon gasoline and the 10-year at 4.75%, arguing pressure on the President to say or do something to push oil down only builds from here. Worth keeping because it landed the same session US national diesel set…
𝕏 Paradis — TrendForce: memory chips to hit 68% of cloud-provider capex in 2027 $MU $SNDK · link
- TrendForce now models DRAM and NAND rising from under half of hyperscaler spending in 2026 to more than two-thirds in 2027 — the poster notes even his own earlier estimate (~50%) undershot it. A concrete, sourced number for how fast memory is eating the AI-infrastructure budget.
𝕏 Winston — the US and China drew almost the same fossil-fuel share of power in 2025 · link
- IEA-sourced chart: the US and China landed at nearly the same fossil-fuel share of generation in 2025 (57% vs 58%) but via opposite fuels (US gas, China coal) - and the forecast has their fossil shares crossing by 2030. Useful grounding for how much gas-fired capacity the US grid still needs to add to keep up with AI…
𝕏 Serenity — Broadcom's CEO: laser demand "far surpassing supply" $AVGO · link
- Broadcom's own earnings-call commentary tonight: laser supply can't keep up with demand even as the company triples capacity, and FY28 revenue guidance (~$230B) came in well above the Street's ~$180B model. Direct read on how tight the optical-buildout capacity picture actually is, from the company selling into it.
𝕏 IPO Newsroom — Nscale now touts $103B in contracted revenue ahead of its IPO · link
- Per The Information (relayed here): Nscale's contracted-revenue backlog roughly doubled, from $51B to $103B, on the back of a single $45B Anthropic compute deal. A concrete marker of how much AI-lab demand is flowing into neocloud capacity ahead of the IPO wave.
𝕏 Serenity — Nvidia told JPMorgan its demand could run 100%+ y/y unconstrained $NVDA · link
- Nvidia's own investor-relations framing, relayed here: guidance of ~70% y/y growth (to ~$682B FY28) is a supply ceiling, not a demand ceiling — unconstrained demand implies over $800B. Useful number to have on hand for how much slack is left in the compute build-out even after two years of triple-digit growth.
𝕏 Eric Nuttall — global oil inventories at all-time lows despite record SPR/floating-storage draws · link
- Eric Nuttall's numbers on the physical oil market underneath tonight's energy strength: Middle East production down 7.4 million barrels/day versus February, Strait exports down at least 4 million barrels/day, and global inventories at record lows even after absorbing 400M+ barrels of SPR and floating-storage releases.
web — Palo Alto Networks Beats Quarterly Estimates on AI Demand $PANW · link
- The resolution to the cybersecurity cluster question. The group broke out together last week then sold off together today — eleven of eleven red, the worst board on the tape — into this print. Palo Alto beat on AI-driven demand for detection and response, with the stock nearly doubled on the year. Worth reading for wh…
web — Bond Slide Spreads to Emerging Markets on Fed Rate Hike Bets $HYG · link
- The contagion leg of the same story and the reason it is worth two reads rather than one: the selloff stopped being a US duration event and became a global risk-appetite event. Useful as a check on whether this is positioning or something worse — if EM debt keeps bleeding while US high yield stays orderly (it fell onl…
web — US 30-Year Bond Enters September on Worst Stretch Since 2006 $TLT · link
- The single best framing of what drove today's tape. Yields on the longest Treasuries have not been this high for this long since 2006, and Bloomberg names the three things keeping them there: the deficit, a fresh wave of corporate issuance, and a September Fed meeting the market now prices at 59% for a hike. Read this…

Filings

NEW: $NVDA 4 filed 2026-09-04 (period 2026-09-02)
NEW: $OUST 4 filed 2026-09-04 (period 2026-09-02)
NEW: $RGTI 4 filed 2026-09-04 (period 2026-09-03)
NEW: $ILMN 4 filed 2026-09-04 (period 2026-09-02)
NEW: $CRM 4 filed 2026-09-04 (period 2026-09-04)
NEW: $CRM 8-K filed 2026-09-04 (period 2026-09-02)
NEW: $DDOG 4 filed 2026-09-04 (period 2026-09-02)
NEW: $DDOG 4 filed 2026-09-04 (period 2026-09-02)
NEW: $DDOG 4 filed 2026-09-04 (period 2026-09-02)
NEW: $DDOG 4 filed 2026-09-04 (period 2026-09-02)
NEW: $DDOG 4 filed 2026-09-04 (period 2026-09-02)
NEW: $DDOG 4 filed 2026-09-04 (period 2026-09-02)
…and 157 more in the source JSON.
Last 14 days: $NVDA 4 (2026-09-04); $OUST 4 (2026-09-04); $RGTI 4 (2026-09-04); $ILMN 4 (2026-09-04); $CRM 4 (2026-09-04); $CRM 8-K (2026-09-04); $DDOG 4 (2026-09-04); $DDOG 4 (2026-09-04); ….

Breadth And Movers

Price truth: *; primary summary date 2026-09-04. Row dates: 2026-09-05: 11, 2026-09-04: 2637, 2026-09-03: 8.

Summary coverage: 2637/2656 rows at 2026-09-04; 1163 unique symbols after de-duplication.
Non-derivative unique-symbol breadth: 570 up, 540 down, 14 flat across 1124 names; median 1D change +0.1%.
Market-pulse breadth: 27 up, 29 down, 0 flat; median 1D change -0.0% from market-pulse.

Top gainers by 1D change (filtered to price >= $1, dollar volume >= $50M, finite RSI; daily-reset leveraged and synthetic-income funds excluded — their print is a geared restatement of an underlying, not a company move):

Symbol	1D	7D	30D	RSI	Signal	Price	Source
$AEHR	+13.1%	+6.8%	-12.7%	45.6	weak-down	$86.26	monster-discoveries
$SNDK	+11.9%	+17.1%	+28.8%	61.2	strong-up	$1740.00	focus
$EOSE	+10.9%	+18.6%	+1.6%	52.1	strong-down	$3.88	ai-scan
$CBRS	+10.3%	+17.2%	-2.0%	53.0	neutral	$210.05	ai-infrastructure
$ALAB	+9.8%	+7.2%	-2.5%	52.2	weak-down	$310.40	cpu-shortage-supply-chain

Top laggards by 1D change (same filter):

Symbol	1D	7D	30D	RSI	Signal	Price	Source
$LULU	-17.4%	-16.7%	-18.5%	31.8	Oversold	$100.61	bargain-bin
$PATH	-16.6%	-16.2%	+9.9%	45.3	strong-up	$15.19	ai-scan
$ASAN	-12.7%	-13.7%	-0.8%	45.2	weak-up	$8.81	holdings-stocks
$ADBE	-6.7%	-8.6%	+2.8%	48.9	weak-up	$266.51	ai-scan
$ETSY	-6.7%	-8.4%	-10.9%	39.6	weak-down	$76.51	monster-discoveries

Excluded as derivative wrappers (26): $MVLL +14.0%, $RAM +12.9%, $TSLL -11.8%, $SOXS -10.2%, $SOXL +9.9%, $CONL -8.5%, $BITX -4.8%, $DUST +4.4%, … — read these in the tape scans, where leverage and the underlying travel with them.

Targets In Zone

Target	Anchor date	Tickers	Mechanical status	Level
ARM entry-zone — support shelf <$166.15	2026-08-28	$ARM	APPROACHING — $252.09 is 51.7% above under $166.15; waiting for the pullback	<$166.15
AVGO entry-zone — support shelf <$352.12 / 200-day test	2026-08-28	$AVGO	APPROACHING — $357.90 is 1.6% above under $352.12; waiting for the pullback	<$352.12
AVAV profit-target — $276.00	2026-08-14	$AVAV	APPROACHING — $144.65 is 47.6% below the $276 target, trend strong-down	$276.00
UMAC profit-target — $45.00	2026-08-14	$UMAC	APPROACHING — $23.76 is 47.2% below the $45 target, trend strong-up	$45.00
UMAC stop-loss — $18.50	2026-08-14	$UMAC	HOLDING — $23.76 is 28.4% above the $18.50 stop	$18.50
GDX profit-target — $115.00	2026-08-08	$GDX	APPROACHING — $99.26 is 13.7% below the $115 target, trend up	$115.00
GDX stop-loss — $85.00	2026-08-08	$GDX	HOLDING — $99.26 is 16.8% above the $85 stop	$85.00
NVTS entry-zone — $8-$10	2026-07-31	$NVTS	APPROACHING — $11.80 is 18.0% above $8–$10; waiting for the pullback	$8-$10

Convergence Leaders

Stocks in projection: 749; convergentCount 11; divergentCount 13.

Symbol	Score	Scans	Bull	Neutral	Latest signal date
$MRVL	5	6	4	2	2026-09-04
$INTC	5	4	3	1	2026-09-04
$ASML	4	7	3	4	2026-09-04
$BE	4	6	4	2	2026-09-04
$CRWD	4	5	3	2	2026-09-04
$SBUX	4	4	4	0	2026-09-04
$AMGN	4	3	3	0	2026-09-04
$BIIB	4	3	3	0	2026-09-04

The Desk Archived issue, published Sep 6, 2026 . Only the modules that are actually true for this date are shown — what changed since the prior issue, the scans it rests on, and the catalysts in its week. The desk's live state (calls, paper book, alarm board, tape internals) belongs to today, not to this issue, so it is not replayed here: see Calls, Positions and Tape.

Conditions

The market climate this issue was written in — frozen from its own date by design. Every day's card, in order, is on Conditions.

Indexes · 7d: SPY+0.1%QQQ+0.4%IWM+0.1%RSP-0.8%
Volatility: VIX 14.53CALM · 1d +1.5%No fire-sale trigger — needs a ≥30% one-day spike
Rotation · 30d strength: 35 in / 68 outEach side counts the desk's tracked theme watchlists (124 ranked) by the 30-day median relative strength of their member stocks vs SPY — shown in RS points. Any ETFs listed are trade handles for the theme, not the measurement.
Credit · 7d: HYG-0.7%LQD-0.8%IEF-0.7%Orderly credit = the selling is positioning, not a credit event
Hard assets · 7d: GLD-0.5%USO+9.6%COPX-4.0%Gold · oil · copper miners

Rotation board Show all 103 themes

Rotating in RS vs SPY

Crypto +23.1

Tracked ETFs IBIT GBTC ETHE BITO BITQ
Hard Assets +18.5

Tracked ETFs IBIT GBTC GDX GDXJ SIL TLT IEF
Thebuildout Nand Flash Memory +13.8
Trace Iran War Second And Third Order Effects +12.2
Canadian OG +11.7

Tracked ETFs EWC XLE
Food Security +11.5

Tracked ETFs MOO
Memory +10.9

Tracked ETFs DRAM EWY DISK
Ark +10.1

Tracked ETFs ARKK ARKW ARKG ARKF ARKQ ARKX
IBB +9.5
Adtech +8.6
Volume Setups +8.3
Geopolitical +8.1

Tracked ETFs XLE OIH XOP GDX TLT ITA PPA
Biotech +7.4

Tracked ETFs XBI IBB IBBQ
Government Compute +7.3
Biotech +7.0

Tracked ETFs XBI IBB
Healthcare +6.5

Tracked ETFs XLV
Healthcare +6.2

Tracked ETFs XLV
Thebuildout Lithium Battery Metals +6.2
Escalation +6.2

Tracked ETFs FCG EWT EWY EWS
Cloud SAAS +5.1

Tracked ETFs CLOU SKYY
Biotech Capital Cycle +5.0

Tracked ETFs XBI
Copper +4.6

Tracked ETFs COPX CPER
Macro Commodities +4.4

Tracked ETFs COPX URA GDX GDXJ SIL XHB ITB VGK EWG EWZ INDA EWJ FXI EEM VUG VTV MTUM QUAL RSP
Cloud ETFS +4.3

Tracked ETFs IGV CLOU SKYY
Thebuildout Dram Memory +4.3
Nuclear Fuel Cycle +3.4

Tracked ETFs NUKX URA URNM
Peptide Economy +3.1

Tracked ETFs HRTS
Trace Lng Liquefaction Shipping And Regasification +2.9
Watchlist +2.8
Faang +2.8
Tech Insider Buys +2.8
Mag7 +2.6

Tracked ETFs MAGS
AI Infra +2.6

Tracked ETFs AIQ SMH
Trace Glp1 Manufacturing +2.3
Bargain Bin +2.1

Rotating out RS vs SPY

Airlines -17.5

Tracked ETFs JETS
Drone Defense -13.8

Tracked ETFs ITA
Cultural Thesis -11.0
Grid Buildout -10.3

Tracked ETFs GRID
Thebuildout Etch Equipment -9.7
Defense Contractors -9.7

Tracked ETFs ITA PPA
China Tech -9.2

Tracked ETFs KWEB FXI ASHR
Thebuildout Power Supplies Psu Power Shelves -9.1
Thebuildout Semiconductor Ip Licensors -8.2
WFE Test Metrology -8.1
Thebuildout Power Distribution Pdus Busways -7.8
Livestock Disease -7.6
Optical Supply Chain -7.5

Tracked ETFs LAZR
Thebuildout Cmp Slurries Consumables -7.5
Consumer -7.0

Tracked ETFs XLY
Travel Leisure -6.9

Tracked ETFs JETS
Retail -6.9

Tracked ETFs XRT
Thebuildout Ems Contract Electronics Manufacturing -6.8
Thebuildout Transformers Grid Interconnect -6.7
Thebuildout Natural Gas Turbines Dc Power -6.6
Thebuildout Ups Energy Storage Data Centers -6.6
Thebuildout Fuel Cells Alternative Dc Power -6.4
Humanoid Robotics -6.4

Tracked ETFs BOTZ
Thebuildout Industrial Robotics Automation -6.3
Robotics -6.3

Tracked ETFs BOTZ ROBO
War Sensitivity -6.1

Tracked ETFs COPX JETS UAE ITB INDA
AI Power -6.0

Tracked ETFs WGMI
Thebuildout Deposition Equipment -5.8
Thebuildout Semiconductor Fab Construction Engineering -5.7
Thebuildout Semiconductor Test Burn In Equipment -5.5
Thebuildout Semiconductor Bonding Interconnect Materials -5.3
Thebuildout Co Packaged Optics CPO -5.3
Thebuildout Grid Infrastructure Transmission -5.2
Thebuildout Data Center Power Semiconductors -5.1
Quantum Computing -5.0

Tracked ETFs CQTM QTUM
Web Cloud -4.8

Tracked ETFs SKYY
Thebuildout Data Center Thermal Management -4.8
Thebuildout Photoresists Lithography Materials -4.7
Electricity -4.7

Tracked ETFs GRID
Thebuildout Data Center Fiber High Speed Cabling -4.1
Thebuildout Optical Transceivers Modules -4.1
Thebuildout Connector High Speed Interconnect -4.1
Thebuildout Trailing Edge Logic Specialty Foundries -4.0
Thebuildout High Speed Pcbs Server Networking -3.9
Thebuildout Glass Core Panel Level Packaging -3.8
Thebuildout Package Substrate Interposer Ecosystem -3.8
Thebuildout Advanced Packaging Equipment -3.8
Lazarus -3.8
Thebuildout Data Center Networking Silicon -3.6
Thebuildout Racks Chassis Mechanical Infrastructure -3.6
Thebuildout Autonomous Vehicles Self Driving -3.5
Cybersec -3.5

Tracked ETFs HACK BUG CIBR
AI Infrastructure -3.4

Tracked ETFs AIQ SMH
Thebuildout Lithography Equipment -3.4
Thebuildout AI Sensors Perception Hardware -3.3
Thebuildout Humanoid Robots Embodied AI -3.3
Thebuildout Nuclear Energy Data Centers -2.9
Thebuildout Specialty Gases Process Chemicals -2.8
Thebuildout Specialty Electronic Gases -2.8
Thebuildout Renewable Energy Hyperscaler Ppas -2.8
Semis -2.7

Tracked ETFs SMH SOXX
EV Clean Energy -2.7

Tracked ETFs LIT DRIV KARS TAN ICLN
Spacex S1 Supply Chain -2.6

Tracked ETFs ARKX
Thebuildout HBM Memory -2.4
Thebuildout Advanced Packaging 2d3d Leaders -2.4
Thebuildout Eda Software -2.2
Defensive -2.2

Tracked ETFs XLP XLU
Chemicals -2.2

Tracked ETFs XLB

Each side counts the desk's tracked theme watchlists (124 ranked) by the 30-day median relative strength of their member stocks vs SPY — shown in RS points. Any ETFs listed are trade handles for the theme, not the measurement.

Frozen snapshot — numbers are as of 2026-09-04 by design; the dated strip of these cards is the climate history.

This Week's Catalysts

Recent prints come from this issue's frozen record; upcoming rows are calendar entries dated 2026-09-06 through 2026-09-12. Curated big events and tracked earnings are visible; the full print calendar stays behind the fold.

Recent prints · recorded with this issue · +23 more in the frozen record

AVGO Sep 2 Reported EPS $3.32 versus analyst consensus of $3.24 (+2.5%).

CRM Sep 2 This provider estimate moved from 2026-09-02 to 2026-08-26. The old auto-stub is retained as superseded lineage; use `2026-08-26-crm-earnings` for the active event.

PL Sep 3 Planet Labs reported second-quarter fiscal 2027 results: adjusted EPS of **$0.02, beating a -$0.02 consensus**, and record revenue of **$116.1 million, up 58% year over year** — StockTitan separately puts the print at $116.05 million versus $103.34 million expected (StockTitan; The Cerbat Gem). TheStreet's earnings-call recap (2026-09-03) describes it as the

No curated big-event catalysts on file for this week.

Tracked earnings · 6

Focus-list and tape-moving names. All 22 earnings and dividend prints remain available below.

Sep 9

LAES ORCL PL

Sep 10

LAES ORCL

Sep 11

LAES

ORCL Beat vs analyst consensus