To The Moon

$Microsoft(MSFT)$  A few weeks ago when MSFT was in the mid 300s, if you had doubts, Bill Ackman going in hard on MSFT and Michael Burry, who is notoriously bearish on tech, buying long call options was a pretty clear signal. Similar to when the US government took a big stake in $Intel(INTC)$  when it was in the low 20s. If you have the patience for a one-year swing trade, $Stellantis NV(STLA)$  looks like a solid opportunity for a 100% return by Q2 next year, assuming they turn cash flow positive around then. It feels like a cyclical bottom turnaround play, about as straightforward as they come. High risk, but the do

$Microsoft(MSFT)$ There's an old Buffett line that always comes to mind here — short positions can never really hurt a good company, they only help drive the stock higher over time. I'm actually fine with people continuing to short this name. My own estimate puts it around $1,200 in the next five years, which would be roughly a $10 trillion market cap. Shorts staying aggressive doesn't really worry me.

Valuations have compressed quite a bit. Here's a look at forward P/E based on 2027 estimates for a few software names. $Salesforce.com(CRM)$  at 11.9x, $Oracle(ORCL)$  at 12.2x, $Microsoft(MSFT)$  at 18.7x, $ServiceNow(NOW)$  at 22.0x, and $Palantir Technologies Inc.(PLTR)$  at 58.6x. The really interesting part is that memory still looks like the cheapest segment in AI, even with some of the strongest earnings leverage in the space. Curious which sector people think offers the best risk/reward from here.

$Castellum, Inc.(CTM)$ There's been a push into the close, with large buy orders and volume picking up — the kind of move we've seen before when things get active. The intensity is ramping up, orders need to be fulfilled, and the setup could resemble what played out with DFNS. Also keeping an eye on SPCX, EGG, and TSLA.

$Alphabet(GOOGL)$ If MSFT earnings come in strong, maybe there's room for another 5%.

$Apple(AAPL)$ I still see any pullback on AAPL as another chance to add, and at these levels it looks like a decent entry for new long-term investors too.

$Tesla Motors(TSLA)$ Looks like it's opening above $320 on Monday. Hoping we get a bounce back to $350 this week, that would be sweet.

$Apple(AAPL)$ Could end up being the ultimate winner. When the data center space blows up — and it probably will at some point — there are going to be winners and losers. Companies that overextend and get forced into bankruptcy may have to sell off pieces on the cheap, and Apple could be in a position to pick some of those up. Though large players like Microsoft, Google, and Amazon might outbid them. This kind of thing moves in cycles, similar to what happened with real estate in 2008.

$WeBuy Global Ltd.(WBUY)$ My read is that the short side wanted to drive this down to around 50c today, but the price action made that really difficult. If holders generally stay put and retail realizes there's not much selling pressure, that could be the moment a stronger rally kicks in. I'd rather trust the thesis than wait for confirmation — waiting is often how you end up chasing too late. Reminds me of the conviction we saw around GME.

$Microsoft(MSFT)$  Microsoft's post-earnings setup looks more favorable compared to Alphabet. Investor expectations for Microsoft are considerably lower, as the stock is down about 17% year to date. That suggests a lot of the concerns around high AI infrastructure spending and capex might already be priced in. To move higher, Microsoft may not need spectacular results; solid Azure growth, continued AI demand, stable guidance, and capex in line with expectations could be enough. Another factor is timing: Microsoft reports after Alphabet. This gives management a chance to see the market's reaction to Alphabet's results and adjust their messaging. They can better emphasize demand-driven AI investments, monetization