I discussed $INTC along with other AI names that stick out, the under the radar headline from last week that might be pointing to the next monster theme, my favorite hyperscaler opportunity, crypto, my portfolio, and more here: open.substack.com/pub/zastoc…

“You’re always bullish” is one of the worst “insults” there is. If you haven’t been bullish for the vast majority of the time over the past 4 years, you’ve missed out on one of the greatest bull markets ever. There’s been a number of times to get cautious and scale back positioning but getting macro bullish for an extended period of time over the last 4 years has been an awful strategy. That will change at some point but anyone who has bragged about being bearish looks stupid, not the people who have been bullish.

Trump rejecting the proposal from Iran just sets up the eventual “greatest deal in the history of our country.” Know the player and how the game is played.

We just want that April-June rally one more time to close out the year. Time to get a deal done.

Why does the smoke around this Iran deal feel different? I think it’s the context. It’s happening alongside Xi’s visit and against an environment where rates, yields, oil, and the Democrats odds of winning midterms are soaring. The timing and incentives are strongly aligned.

At some point Trump will realize that the only thing that can stop yields from continuing to soar is a resolution with Iran. Then he’ll capitulate and the market can go full dot com bubble 2.0.

Not saying $ORCL is $META in 2022 but the sentiment and narrative around Oracle are arguably just as bad as they were around Meta back then. The reality is if Oracle goes under the entire AI trade is in trouble. At this point all the bad news almost screams government backstop or intervention. And don’t forget: Trump said he wants the government to build its own data centers. His good pal Larry could use some help.

This market is salivating at the thought of the Strait reopening and the war ending. It’s going to explode when that headline finally hits.

Druckenmiller on Soros: “He’s the best loss taker I’ve ever seen. He doesn’t care whether he wins or loses a trade. If a trade doesn’t work, he’s confident enough about his ability to win on other trades that he can easily walk away from a loss.” This is where you want to be.

This war in Iran has to end. The pressure it’s putting on oil and yields is getting dangerous. Not a fake “we’re talking” or “close to a deal.” A real end that opens the Strait. Once we get that the market can explode, we got a preview of what that would look like over the past week as the market started to anticipate progress on a deal.

We’re going to look back at this period of Middle East instability, AI slowdown fears, and all the other bearish narratives and laugh at how much noise there was. Bull markets are going to bull market.

The Muse or ChatGPT moment for robotics is coming. What do I mean by that? The moment robotics finally does something genuinely useful for the everyday person. Once people experience firsthand how robotics can make their lives easier, the entire perception of the industry is going to change overnight. It’ll be bigger than any theme we’ve seen. In.

“Everyone’s talking about Muse I don’t get it.” Probably the best and coolest AI product I’ve used since the launch of ChatGPT. Can’t believe the other labs let $META get this off before they did. Zuck saw others talking about slowing down and he slammed on the gas, savage.

If the market is about to start a new trend after this four + month consolidation in the Nasdaq there’s going to be so much opportunity that it’ll feel overwhelming.

Not a coincidence that the last few days happened just as many started getting mentally exhausted. Remember this: The market always wants to exhaust you to the point of giving up right before the tide turns.

Write this on a sticky note and put it on the wall next to your desk. “I will not let headlines and news dictate my opinion on the market if price says otherwise.” Next time you’ll be prepared.

$ARM CPUs are a legit bottleneck with the rise of agents. Arm is making CPUs with Meta who just released Muse, and also with OpenAI, who’s expected to release their AI agent shortly.

I discussed $INTC along with other AI names that stick out, the under the radar headline from last week that might be pointing to the next monster theme, my favorite hyperscaler opportunity, crypto, my portfolio, and more here: open.substack.com/pub/zastoc…

$NVDA This base the AI king continues building is insane. I don’t think Nvidia is done yet.

$MU Quite the compression taking place in America’s memory giant. Expansion next.