Midweek Update - 02.25.2026
NVDA crushes, NU crushes, TMDX crushes, ZETA crushes
I deliberately held off writing this update until NVDA reported earnings since the report was a huge catalyst for where we were next heading. We gapped up today on the SPY and as I write this NVDA is up 2.60% AH on an unsurprisingly stellar quarter. We also have had a number of companies report earnings in my portfolio over the last 24 hours.
NVDA beat ✅
ZEAT beat ✅
SEI beat ✅
NU beat strong revenue beat (slight EPS miss) 🟠
ABCL beat ✅
TMDX beat ✅
The SPY remains above key moving averages again but we still haven’t made a new high so structurally we aren’t out of the woods yet. On the QQQ, we closed above the 100 daily MA, and the 8 and 21 MA’s which is bullish. I made some small buys today into two new plays, and an add to one play.
This puts our portfolio back in a nice position again post LMND’s big drop which wiped out some of my gains, and UPST’s drop post strong earnings. I’ve been extremely transparent with my positions (all disclosed on the spreadsheet live and in real time…not many others do this).
If you want real time updates from me throughout the week and access to my spreadsheet then consider becoming a paid subscriber. Definitely worth a try for a month and if you don’t like it you can cancel. I suspect you’ll find far more value in it than $24 a month though.
With it you get:
Access to my portfolio (with real monetary amounts)
Access to my spreadsheet. One of the most in-depth and helpful resources out there.
Access to the paid chat where I send ~5-20 messages per day.
Real time buy, add, trim, and sell alerts.
Weekly video recap.
Here’s the contents for this 3-4 minute read:
Recap of “Ideas for the Upcoming Week” released on Monday.
Ideas for the Rest of the Week
Big Themes to Watch this week
My Portfolio so Far this Week
Recap of “Ideas for the Upcoming Week”
At the start of every week, I release my free article on ideas for the upcoming week. In this release, I touched on the power grid upgrade (XLU, ITRI, AES, FLNC, MYRG, and PLPC). There’s a key update on this theme in my portfolio today as paid subs know.
I also touched on EEM, NU, and DLO.
And finally, I touched on the uranium and nuclear market (LEU, and SMR).
Here’s where we are with all three so far this week after today’s close:
The power grid upgrade: I gave some key updates to paid subscribers today on XLU, and some of the individual stocks within this theme.
“The chips are going to be piling up and not be able to be turned on. Billions of dollars of the most advanced AI hardware ever built. Sitting dark. Not because the chips don’t work. But because there isn’t enough electricity to run them.” - Elon Musk
That’s why I decided to buy into ITRI today at $97.35 right at this key support level.
ITRI is the software and sensor layer of the power grid. They specialize in AMI (Advanced Metering Infrastructure). Currently, traditional grids operate on a model that collects sensor data, sends it to a cloud, the cloud makes a decision, and then sends a command back. ITRI analyzes the power flows locally and can make changes in a matter of milliseconds. It’s the Edge play of the power grid.
Power grids need modernizing, and ITRI is that play to modernize the power grid. I’ve currently only bought in with a small 1.04% position of my portfolio, but the longer we sit at this key support level, the better. With the market near highs, I find it risky to lump sum large amounts at the moment, hence why a lot of my previous buys have been small initial positions when I then build on at certain levels. I’ll follow the exact same playbook with ITRI.
Analyst estimates for ITRI in FY26 aren’t too impressive, but FY27 and beyond looks like we may head into a high growth period. ITRI currently trades at 1.9x sales, 12x EBITDA, and 16x PE which is a decent valuation for these growth prospects over the next couple of years. It’s also a nice position with lower multiples to add to today given the uncertainty over where the market is heading.
EEM: This chart below is courtesy of Otavio Costa on X.
We’ve seen secular bull markets in Brazilian equities in 2008-2010 and 2015-2020, and now it looks like we’re making a clear bottom as we potentially lean into a global rebalancing away from US based assets.
I remain bullish on the US markets, but I think having some exposure to LatAm and the emerging markets is a very good idea especially near all time highs. I’m personally heavily invested into NU, and have a nice growing position in DLO.
NU just reported earnings as I write this and the numbers continue to impress me. ARPAC just hit a record high, efficiency ratios just hit a record low, and growth in Brazil, Mexico, and Colombia continues to surge.
NU is an elite company riding the digitalization wave across Brazil and LatAm, whilst also benefitting massively from macro Brazilian tailwinds.
