⚙️ Market Structure & Trading Playbook

• 24-hour markets look structurally unhealthy. More trading hours are not automatically better; nonstop liquidity can amplify fatigue, overtrading, and sloppy execution. 1

• The clean playbook stays simple: trim rips, reload dips, rinse / repeat. In a choppy tape, selling strength and buying pullbacks beats chasing every breakout. 2

• Recent dip buys worked, but complacency is the risk now. After a BIG green day, the next 48-72 hours matter; preparation matters more than victory laps. 3

• Cash deployment is starting again because some pullbacks are already deep and sitting at/near demand areas. The setup favors selective dip-buying rather than broad FOMO chasing. 4

🧠 AI Infrastructure & Memory

• Kimi K3 changes the memory trade if the reported ~2.8 trillion parameters are real. The model has to stay loaded across HBM, server DRAM and storage before answering a single request, making memory the first major beneficiary. $SKHY has the cleanest exposure through HBM leadership. 5

🚀 Space, Power & Data Centers

• Space-based data centers could become economically viable if the physics and deployment work. The bull case is straightforward: very cheap energy, cheap cooling and a stable environment. Relevant tickers include $SPCX, $RKLB, $ASTS, $PL, $BKSY, $FLY, $LUNR, $RDW, $VOYG. 6

• U.S. exchanges look slow-footed versus global peers. The question is no longer whether extended trading is coming, but why American venues are taking so long to respond. 7