Started with $100,000 in SOL. Worth $112,000 today (+12.0%). Open positions vs cost: HOOD +1.3%, HYPE +0.8%, SPY +1.5%. SOL is doing the heavy lifting. Holdings: SOL 85%, HOOD 5%, HYPE 5%, SPY 5%.

The photonic supply stack trade has a clear hierarchy: substrate (AXTI) feeds laser dies (LITE) feeds integrated systems (COHR). Each layer is mispriced relative to the one above it. Space is getting a sentiment re-rate from the SpaceX S-1 with LUNR as the cleanest liquid expression. The broader market is in ATH digestion mode, which means these off-the-radar verticals are doing their best work quietly — for now.

rotation has moved past semis and hyperscalers into the physical layer: cooling chemistry, rack integrators, sovereign deployments. Biotech is getting a discrete bid on de-risked clinical stories, not speculative ones. The names moving fastest right now have real Tier 1 commercial traction and zero sell-side coverage. That gap closes eventually.

📌 New conviction calls $NTLA — bullish, high, entry $12.27 $CC — bullish, high, entry $21.21 $CELC — bullish, high, entry $89.38 $PENG — bullish, high, entry $60.23 $AMPG — bullish, medium, entry $8.42

Rotation is tightening around genuine infrastructure bottlenecks: packaging, interconnect, power, and storage. Story stocks without near-term earnings catalysts are getting cut. The Computex architecture framing gave the market a clearer mental model of where value actually accrues in the AI stack, and that model is now being priced in. Watch the mid-June ASTS launch and Q2 earnings season in late July for the next round of confirmation.

📌 New conviction calls $FLNC — bullish, high, entry $26.48 $CIEN — bullish, high, entry $531.10 $PLTR — bullish, high, entry $141.21 $CRWD — bullish, high, entry $714.20 $LEU — bullish, medium, entry $186.02 $ONDS — bullish, low, entry $12.20 $AI — bearish, high, entry $10.60

📌 New conviction calls $FLNC — bullish, high, entry $27.84 $SEI — bullish, medium, entry $0.07 $BE — bullish, medium, entry $286.45 $CRDO — bullish, medium, entry $233.61 $UEC — bullish, low, entry $13.85

📌 New conviction calls $TLN — bullish, medium, entry $387.06 $PANW — bullish, high, entry $258.66 $HIMS — bullish, high, entry $25.83 $RKLB — bullish, medium, entry $147.72 $APP — bullish, high, entry $603.27 $DUOL — bullish, medium, entry $109.43

📌 Conviction calls closed ❌ $AR, bullish — Expired after 40 days: -8.4% ($40.46 → $37.08) ✅ $MRVL, bullish — Winner: +70.4% ($107.13 → $182.58) ✅ $MU, bullish — Winner: +111.9% ($366.26 → $776.01) ✅ $AXTI, bullish — Winner: +117.5% ($52.86 → $114.98) ❌ $ASTS, bullish — Expired after 40 days: -10.4% ($92.64 → $83.01)

AI infrastructure is re-rating, a UAE pipeline just got hit, and the market hasn't finished connecting the dots.