$GLD - Ram bought gold miners after correction, believes lows are in and sees gold as benefiting from inflationary environment.
$ENERGY - Ram sees energy sector in a bull market, underweight in portfolios at only 3% of S&P, with natural gas particularly attractive for powering data centers.
$ENPH - Ram sees solar as a fantastic idea, particularly Enphase Energy due to European energy dependence.
$FSLR - Ram sees First Solar as attractive at 12x forward earnings with strong hyperscaler customers despite Trump's solar stance.
$BRK.B - Ram recommends buying Berkshire Hathaway next week as a quality compounder with strong fundamentals.
$PGR - Ram recommends Progressive as a quality compounder with high return on equity, moat, and regulatory advantages.
$MMC - Ram recommends Marsh McLennan as a quality business with moat and regulatory advantages.
$TSM - Ram sees Taiwan Semiconductor as a way to bet on AI at 20x earnings, cheaper than S&P, with all AI money flowing to it.
$ELV - Ram bought Elevance three days ago, sees healthcare names benefiting from potential Democratic sweep and Medicare Advantage spending.
$DEFENSETECH - Ram is investing in defense tech as one of the few non-bubble themes in venture capital.
Bearish:
$COPPER - Ram advises against copper in the short run as it's still rolling over after crowded momentum trade correction.
$OKLO - Ram sees nuclear stocks like Oklo as a hyper bubble with CEO selling stock, advises avoiding.
$TSLA - Ram sees Tesla as overvalued at 320x trailing P/E, part of expensive story stocks giving back gains.
$QUANTUMSTOCKS - Ram notes quantum stocks are down 40% as part of bubble deflation in story stocks.
$VC - Ram believes most of venture capital is a bubble and advises not to focus on it.