Was That The Reset?

Howdy folks, 

Are you having fun yet? 

This market is hilarious. Last Thursday, Software was on the brink of death. Today, the Software ETF $IGV closed +7% above last Thursday’s close. 

Was that the reset? Perhaps. 

For the sake of today’s note, let’s assume it was. 

Selloffs and resets create incredible buying opportunities. 

I’m not saying we should step in with irresponsible risk, but there is a real possibility that we'll look back to Thursday’s closing prints as “generational lows.”

Sounds crazy, but we experienced this following last April’s Tariff Tantrum. 

One of our darlings enabling the Aerial Economy, Ondas Holdings, is up 1,190% from its April 8th, 2025 close. The stock has also recovered 14% from Thursday’s close. 

The data center provider, Applied Digital, is up +637% from its Tariff Tantrum, and +34% from last Thursday’s close. 

This is the type of relative strength I’m searching for when buyers “run for the hills.”

Below you'll find a hand-curated list of some of my favorite names, tracking performance against both last April’s Tariff Tantrum close and last week’s Software Selloff close.

I’m sure there are stocks enabling the Aerial Economy that I’ve missed. If this is the case, please email me here. 

Disclosure: This is not financial advice.