$NVDA - Betting on the AI super cycle as the biggest technological transformation, with direct investment exposure across the AI ecosystem
$ANTHROPIC - Anthropic shows superior capital efficiency compared to OpenAI with impressive revenue growth and path to profitability without excessive capital burn
$UTILITIES - Power infrastructure is the critical bottleneck for AI development, with significant federal government support emerging
Bearish:
$BTC - Bitcoin approaching psychological $100k support level with potential for 5-10% additional downside
$REGBANKS - Regional banks rolling over as credit card delinquencies reach 2009 crisis levels, signaling consumer stress
$TECH - Entering a risk-off phase after massive tech gains, with portfolio positioning reduced accordingly