Bitcoin dips below 90K as investors brace for NVIDIA earnings
Quant Rockets Performance Highlights
Top Gainers Today
Lumentum Holdings Inc. (LITE): +8.69%
Celestica Inc. (CLS): +4.19%
Coherent Corp. (COHR): +3.47%
Largest Decliners Today
Grupo Financiero Galicia S.A. (GGAL): -2.32%
Micron Technology, Inc. (MU): -1.13%
In this environment, Quant Rockets has continued to navigate the market with a systematic approach, focusing on momentum and sector rotation. Today, the portfolio saw broad strength, with 11 out of 13 holdings posting gains. Standout performers included Lumentum Holdings, which surged 8.69%
Celestica up 4.19%, and Coherent Corp. gaining 3.47%. These companies are benefiting from strong demand in the semiconductor and optical networking spaces, areas that remain resilient despite broader market uncertainty.
On the other hand, Micron Technology dipped 1.13% and Grupo Financiero Galicia fell 2.32%, highlighting the challenges that even well-positioned stocks can face in volatile markets. These moves remind us that no strategy is immune to short-term swings, but our systematic process is designed to adapt quickly to changing conditions.
What’s interesting about today’s action is how momentum strategies like Quant Rockets can capture gains in strong sectors while also signaling when it’s time to rotate away from underperformers. By relying on data and rules rather than emotion, we’re able to stay disciplined even when the headlines are noisy. As we look ahead, the focus will remain on identifying the next wave of momentum, whether it’s in tech, healthcare, or beyond.
Evan’s Commentary
Still on a dry spell for any new buy signals coming through and that makes sense given the environment. The market is trying to find a bottom here in growth and momentum stocks broadly, so patience is required.
Momentum Model Updates
Upgraded Outlook
Downgraded Outlook
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Markets edged higher today as the S&P 500 and Nasdaq 100 each gained about 0.4% and 0.5%, respectively, with investors cautiously optimistic ahead of Nvidia’s earnings report. The tech giant’s results are expected to provide important clues about the health of the AI sector, which has been a major driver of market momentum this year. Meanwhile, Bitcoin continued its slide, dropping below $90,000 and marking a nearly 30% decline from its October peak. This sharp pullback reflects growing concerns about AI valuations and a wave of panic selling, especially as outflows from Bitcoin ETFs have accelerated.