Portfolio Modifications - 02/24/25
Sell: Solana | Buy: Nebius | Plan: Alibaba & Hims.
I’ve always said that fundamentals, research & convictions matter, but beating the market comes down to execution. That’s what these write-ups will be about.
I will share through them every change in my portfolio - stocks, options, everything. You’ll have access to each move I make, the reasoning & the plan behind it, before I even hit the buttons.
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So here’s the deal: you get full transparency on my trades, right when I make them. If - and only in that case, it brings real & long-term alpha, it’ll be accessible only for a fee.
I believe that’s fair enough, but feel free to provide feedback!
I didn’t think the second post would come so fast, but the market chose to stay crazy this morning. As I shared, I continue to believe we’re in a “buy the dip” situation, although the dip could bring more pain over the coming days.
So here we go.
Sell.
Solana.
I didn’t want to do it at first, but I ended up changing my mind as I believe liquidity can be better allocated than in Solana. We have retests happening in very strong, fundamentally sound companies, and I’d rather hold those than a falling knife.
The token has lost every wick and keeps printing lower lows. I’d rather cut the position and move on, keeping some liquidity aside for when this token bottoms out, then re-enter. No point holding through what is now a downward trendline.
Buys.
Nebius | Shares @ $34.94 & Aug15'25 65 @ $3.26.
The stock kept falling this morning after news from Microsoft saying they were calling off some datacenter leases amid “lower demand.” This is certainly true but also due to their intent to reduce partnerships with OpenAI and allow the company to work with third-party providers.
The bottom line is, computing power demand isn’t slowing - which seems to be what the market misunderstood. It’s simply shifting from Microsoft to other providers as OpenAI will continue to operate, just elsewhere. Hence Microsoft needs more.
The second piece of news comes from Alibaba, which plans to grow its CapEx to $53B over the next three years. Ironic for a country that released DeepSeek, the LLM built on almost no computing power. If that narrative were true, why would Chinese AI companies increase their CapEx for computing power?
The bottom line is, in my opinion, this is a continuous overreaction by the market & I intend to take advantage of it. The price action didn’t change to me.
We’re increasing the risk in the portfolio by doing so, though, as I’m now heavily weighted on this narrative between Nvidia & Nebius, with both shares and calls.
Much more risk. Much more potential, both ways.
Plans.
Alibaba.
I’m sharing this differently because I can’t send a new report for every DCA buy. I said I would accumulate Alibaba when it falls, and that’s what I intend to do. I have different price targets, starting at $125 all the way down to $105.
I will deploy capital slowly to grow this position, and you’ll see it all in the portfolio if you follow along. I will update in a write-up if I buy more calls though.
https://savvytrader.com/wealthyreadingspro/long-term
I just don’t want to spam you too much.
Hims.
No decision on Hims yet. I’ll wait for tonight’s report before making any moves and will share them tomorrow in the detailed review, pre-market!