−17.9%
since Oct 1
The idea
I believe volatility itself is the opportunity, not something to avoid. This basket spans five unrelated arenas, crypto proxies, leveraged tech ETFs, biotech names awaiting trial data, speculative tech riding hype, and pure momentum plays, so when one corner drops another is usually climbing. I keep no single position above 6% and hold 10% in cash specifically to buy into drops without forcing a sale elsewhere. The plan is to keep rotating, trimming winners and adding to what just fell, for as long as these arenas keep moving independently of each other.
What it owns
- These are pre-revenue or early-revenue plays in quantum computing, voice AI, and enterprise AI software that spike on partnership news and funding announcements while the underlying businesses remain small. · IonQIt is a quantum computing hype play with real revenue years away, depending on continued milestone announcements and investor appetite for pre-revenue moonshots., Super Micro ComputerIt builds AI servers and swings hard on order news and accounting questions, and needs the AI datacenter buildout to keep demand growing., SoundHound AIIt is a small voice AI company that spikes on partnership news and AI enthusiasm rather than steady earnings, and needs the AI story to keep small players in the spotlight., Rigetti ComputingIt is a smaller quantum computing bet riding the same hype waves as larger rivals but with more violence given its size, and needs quantum enthusiasm to stay hot., C3.aiIt sells enterprise AI software and swings on every earnings report and AI sentiment shift, and works while enterprise AI spending keeps growing and bookings stay strong.20%
- These positions move with bitcoin and crypto trading activity, whether through direct mining, exchange fees, or treasury holdings, and require continued price swings and high volumes to offset leverage decay and funding costs. · Strategy IncIt holds a large bitcoin treasury bought partly with borrowed money, moving like leveraged bitcoin and requiring the company to keep raising money to buy more., Coinbase GlobalIt earns fees on crypto trading volume, so the stock swings with both crypto prices and trading activity, dying in a prolonged crypto winter with dead volumes., MARA HoldingsIt mines bitcoin, so profits and stock price swing harder than bitcoin itself, and requires bitcoin prices to stay above mining costs., Robinhood MarketsIt makes money when retail traders are active, especially in crypto and options, and needs volumes to stay high and crypto to remain a big revenue line., Riot PlatformsIt mines bitcoin like other mining plays, giving the take a second amplified crypto position that requires bitcoin to stay worth more than mining costs.20%
- These positions depend on retail crowd energy, satellite launch schedules, or early-stage aerospace certification, moving on momentum and announcements rather than underlying business fundamentals. · GameStopIt trades on retail crowd momentum and catalyst chasing rather than the underlying retail business, and has no engine without an active trading crowd., T-Rex 2X Long MSTRIt doubles Strategy Inc's daily moves, and Strategy already moves like leveraged bitcoin, so this is roughly leverage on leverage that eats gains in flat markets., AST SpaceMobileIt wants phones to connect straight to satellites, and the stock jumps on launches, test calls, and carrier deals, and needs the rollout to stay on schedule with partners committed., Archer AviationIt builds electric air taxis and trades on FAA certification progress and airline partnerships, not revenue, and needs certification to keep advancing with cash to last until commercial flights., Quantum Computing IncIt is the tiniest quantum play here, capable of doubling or halving on a single announcement, and exists purely for speculative violence rather than business fundamentals.18%
- These positions triple or double daily moves in the Nasdaq, semiconductors, and Nvidia, concentrating volatility into sharp instruments that profit from big swings but decay in flat markets through daily reset mechanics. · Direxion Daily Semiconductor Bull 3XIt triples daily semiconductor stock moves, concentrating one of the swingiest market corners, and bleeds value through leverage decay if the sector goes sideways., ProShares UltraPro QQQIt magnifies moves in the Nasdaq's largest companies, so volatility and sharp direction changes are essential to overcome the erosion from daily rebalancing during flat periods., GraniteShares 2x Long NVDAIt doubles Nvidia's daily moves, amplifying the AI chip story into a sharp instrument that decays if Nvidia settles into slow steady drift.17%
- These positions hinge on FDA decisions, clinical trial readouts, and commercial ramps for gene therapies and cell therapies, moving sharply on binary data events with little room for steady growth. · Viking TherapeuticsIts value hangs entirely on obesity drug trial results, making each readout a coin flip with a big payoff either way., CRISPR TherapeuticsIt moves on gene editing trial data and the commercial ramp of its approved sickle cell therapy, and stays as long as the pipeline keeps producing readouts., Iovance BiotherapeuticsIt has an approved cell therapy for melanoma, and the binary here is whether the commercial launch ramps and the pipeline delivers more approvals before cash runs out., Sarepta TherapeuticsIt lives and dies on FDA decisions and safety data for Duchenne gene therapies, and depends on regulators keeping its treatments on the market.15%
- Cash10%