{
  "version": "https://jsonfeed.org/version/1.1",
  "title": "orbyd",
  "home_page_url": "https://orbyd.app/",
  "feed_url": "https://orbyd.app/feed.json",
  "description": "Continuous market intelligence built on frontier language models. Per-ticker dossiers, regime-tagged journal, weekly macro view, sector rotation, live watchlist. Open methodology, every read dated, trades private.",
  "icon": "https://orbyd.app/icon-512.png",
  "favicon": "https://orbyd.app/favicon.svg",
  "language": "en-US",
  "authors": [
    {
      "name": "orbyd",
      "url": "https://orbyd.app"
    }
  ],
  "items": [
    {
      "id": "https://orbyd.app/dossiers/HUT/",
      "url": "https://orbyd.app/dossiers/HUT/",
      "title": "HUT",
      "content_text": "The Archetype-4 legacy pivot has gone from thesis to FACT. On ~2026-05-06 Hut 8 disclosed a ~$9.8B lease at its Corpus Christi site (scalable to 1 GW) and the stock ripped ~35% intraday; since then the sell-side has stacked PT raises from $124 to $156 and Third Point disclosed a new 869,563-share stake. The miner→data-center-landlord re-rate we were buying back in April has substantially PRINTED. 2026-05-06: ~$9.8B Corpus Christi lease, scalable to 1 GW the CORZ/CoreWeave-template anchor deal…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:high",
        "archetype:a0",
        "status:held"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/RIOT/",
      "url": "https://orbyd.app/dossiers/RIOT/",
      "title": "RIOT",
      "content_text": "At entry the BTC-to-AI story rested on a 3-week-stale Terrestrial Energy MoU and below-average volume. Since then RIOT delivered a hard catalyst stack: the AMD Rockdale data-center lease was expanded to 50MW of contracted capacity under a 10-year agreement initially valued at $311M, RIOT took fee-simple ownership of the Rockdale land, and the Q1 2026 print booked $167.22M revenue including $33.2M from the new data-center segment actual lease revenue, not a promise. The stock is +47.68% over one…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:high",
        "archetype:a0",
        "status:held"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/PL/",
      "url": "https://orbyd.app/dossiers/PL/",
      "title": "PL",
      "content_text": "Space-cluster theme now MATURING→edge-of-SATURATED (UFO ETF $1B AUM, NASA-ETF mania) with the ~6/12 SpaceX debut the likely sell-the-news peak. Ride remainder only on a beat + strong guide; cut on any soft bookings.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a7",
        "status:held"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/SHLS/",
      "url": "https://orbyd.app/dossiers/SHLS/",
      "title": "SHLS",
      "content_text": "Solar-EBOS name traded as a 2nd-order AI-power play; early-May analyst cluster + Tennessee BESS facility lit the leg, now ~1 month stale with no catalyst until the ~early-August Q2 print. Range-bound $9.50–10; HOLD above the breakout base, not add-here. Jun-18 $10 call sweep is the near-term tell decays worthless if it can't reclaim $10 into opex.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a3",
        "status:held"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AEHR/",
      "url": "https://orbyd.app/dossiers/AEHR/",
      "title": "AEHR",
      "content_text": "The pivot is VALIDATED, the tape is BLOWOFF. AEHR rerated from a SiC-wafer-test one-trick (ON Semi air-pocket) into the package-level burn-in (PLBI) picks-and-shovels supplier for hyperscale custom AI ASICs and the market priced it in one violent leg: ~$20 to start 2026, ~$30 end of Q1, all-time high $113.20 on 2026-06-02 (+20.88% off a $99.65 open on the William Blair day). +400–465% YTD, the bulk inside ~2 weeks. Thesis right, entry wrong. The two prior DEFERs ($40→$113) were the documented…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AMD/",
      "url": "https://orbyd.app/dossiers/AMD/",
      "title": "AMD",
      "content_text": "and then ripped +45% to $521 (6/4 premarket $521.82) while we sat out. Lesson logged. BUT the trade has now matured into late-mania. AMD prints new ATHs at RSI 75.34 (6/3), Cathie Wood dumped 56M shares to chase NVDA (6/3) \"capitulating after missing the rally,\" and Broadcom's \"repeat-not-raise\" AI guide (6/4) just triggered complex-wide profit-taking. The fundamental narrative is still ACCELERATING (Intel confirmed surging agentic-AI CPU demand 6/3, independently validating AMD's EPYC TAM…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/APLD/",
      "url": "https://orbyd.app/dossiers/APLD/",
      "title": "APLD",
      "content_text": "BTC-miner→AI-infra pivot now de-risked: a SECOND hyperscaler anchor lease (2026-05-20) stacked on the $7.5B/15yr Delta Forge deal (4/23), plus a 4-analyst PT cluster to $60-70 (Lake Street/Citizens/Needham/B.Riley, 5/21-5/27). Theme ACCELERATING but crowding.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a4",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/ASML/",
      "url": "https://orbyd.app/dossiers/ASML/",
      "title": "ASML",
      "content_text": "The EUV-monopoly story is still the cleanest second-derivative play on the AI-capex super-cycle, and the narrative has gotten louder, not quieter, since the 2026-04-15 beat-and-raise. CEO Fouquet now frames chips as a \"supply-limited market for quite a while\" with \"sporadic bottlenecks\" (2026-05-20) that is demand-visibility language, not cycle-top language. High-NA is reportedly sampling first product data on both logic and DRAM later this year (2026-05-20), which widens the TAM into memory…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/ASTS/",
      "url": "https://orbyd.app/dossiers/ASTS/",
      "title": "ASTS",
      "content_text": "The name we were tracking as a post-failure binary catalyst has shape-shifted. ASTS is no longer trading on its own fundamentals it's the highest-beta proxy in a full-blown SpaceX-IPO / space-mania melt-up. The tells are textbook late-stage: Defiance launched a 2X leveraged single-stock ETF on ASTS (2026-05-21), the UFO ETF crossed $1B AUM (2026-05-28) as \"Wall Street hunts for SpaceX proxy trades,\" and ASTS gapped +7% premarket on pure SpaceX-IPO buzz (2026-05-26) with no company-specific…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a6",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AVGO/",
      "url": "https://orbyd.app/dossiers/AVGO/",
      "title": "AVGO",
      "content_text": "Q2 FY26 (2026-06-03) printed a monster $30B AI-semi bookings vs $10.8B shipped (2.8x book-to-bill) + $100B FY27 AI guide but the stock SOLD THE NEWS on a beat-and-reiterate. Fundamentals ACCELERATING, tape now MATURING. want the post-earnings higher-low that holds, not the day-1 flush.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AXTI/",
      "url": "https://orbyd.app/dossiers/AXTI/",
      "title": "AXTI",
      "content_text": "InP-substrate pick-and-shovel for the AI optical-interconnect boom. Q1 (4/30) inflected: InP >50% of rev, record $100M backlog, Q2 guided to first profitability in years. Theme ACCELERATING (NVIDIA $4B optics bet, photonics ETF). Stock -28% off $143 ATH to ~$105 = pullback to rising 20-EMA, not a broken setup. We missed the $64→$143 leg; buy the higher-low reclaim of $115-120 on volume, don''t blind-chase the chop.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/CRCL/",
      "url": "https://orbyd.app/dossiers/CRCL/",
      "title": "CRCL",
      "content_text": "Awaited tier-1 catalyst printed Mastercard added USDC settlement 2026-06-03 overriding the Compass Point $77 ceiling; rails narrative re-accelerating with HC Wainwright Buy $150 (5/18) + Nium 190-country deal (5/27). Offset: Tiger Global exited its entire stake (5/15) and KeyBanc only Sector Weight (5/26). Constructive but distribution-flagged probe, don''t chase.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a7",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/EWY/",
      "url": "https://orbyd.app/dossiers/EWY/",
      "title": "EWY",
      "content_text": "Memory super-cycle PROVEN and still tightening (DRAM Q2 +58–63% QoQ, sold out through 2026). Theme ACCELERATING + cluster-confirmed (EWY/QQQ widest since 2001); momentum-realignment says ride the leg at MEDIUM, don't repeat the skip.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/HOOD/",
      "url": "https://orbyd.app/dossiers/HOOD/",
      "title": "HOOD",
      "content_text": "Multi-leg narrative now MATURING: the prediction-market leg is SATURATED (comedy/political/state-criminalization backlash + Kalshi/Wintermute flooding in), but Trump Accounts AUC rail went LIVE May 28 and a fresh ~$20M insider buy (Meyer Malka, Jun 2) signals conviction into a CLARITY-doubt dip (Jun 1). No clean base watchlist until a higher low reclaims the 20-EMA or CLARITY resolves.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a1",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/IONQ/",
      "url": "https://orbyd.app/dossiers/IONQ/",
      "title": "IONQ",
      "content_text": "Quantum re-rated by REAL capital: $2B CHIPS Act + Trump-admin equity stakes (WSJ 2026-05-21) drove IONQ past $63 (2026-05-26); Q1 blowout (+755% YoY, 2026-05-06) confirmed fundamentals. Now MATURING rally cooled, short interest spiking, Quantinuum IPO ($14.3B, 2026-06-03) threatens the pure-play premium. don''t chase fresh into froth.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a6",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/IREN/",
      "url": "https://orbyd.app/dossiers/IREN/",
      "title": "IREN",
      "content_text": "BTC-miner→AI-neocloud pivot binary RESOLVED bull: 5-yr $3.4B Microsoft AI cloud contract + $3.65B investment-grade GPU financing (closed 6/1) + Dell $1.6B Blackwell supply de-risk BOTH the named-tenant question AND the ATM dilution overhang. Theme ACCELERATING, PTs ramping $61→$99 (Cantor 5/28). The miner-comp→AI-infra-comp re-rate is live but a fresh entry now is chasing an extended, retail-hot tape.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a4",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/LITE/",
      "url": "https://orbyd.app/dossiers/LITE/",
      "title": "LITE",
      "content_text": "Post-print -8.45% sell-the-news fully reversed: LITE flashed a \"key trading signal\" at $866.97 on 2026-06-01 and ripped +7%, reclaiming the pre-print high (dossier setup-b trigger) on Nasdaq-100 inclusion + Tiger Global buying. But a REX LITE 2X single-stock ETF (2026-05-21) and mainstream photonics-ETF debut flag late-stage retail saturation. Momentum reclaimed and playable, not a fat pitch.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/META/",
      "url": "https://orbyd.app/dossiers/META/",
      "title": "META",
      "content_text": "New leg: Meta monetizing AI BEYOND ads Business Agent Platform + $200/mo Hatch agent (6/3), explicit \"diversify beyond ads\" push (6/2), Rosenblatt $1,015. Custom-silicon thesis validated by Broadcom''s $100B/2027 forecast + $73B backlog, Meta the anchor ASIC customer. ACCELERATING fresh narrative, not the old earnings trade but price-blind this cycle.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a1",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/NBIS/",
      "url": "https://orbyd.app/dossiers/NBIS/",
      "title": "NBIS",
      "content_text": "The two bear legs this name was deferred on for six weeks is the ARR ramp real? and who is the anchor tenant? both resolved bullishly in May (2026-05-14 Q1 blowout; Meta $27B + Microsoft $17B anchors). roughly +100% in ~6 weeks. The narrative is ACCELERATING and now fully sell-side/cluster confirmed. The problem for a fresh entry is timing, not thesis: the move has gone parabolic into peak public attention. NBIS now shows up in Benzinga most-searched lists (2026-06-02), \"5 stocks investors…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a1",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/PLTR/",
      "url": "https://orbyd.app/dossiers/PLTR/",
      "title": "PLTR",
      "content_text": "Q1 binary confirmed bull (Rule of 40 145%); new leg is commercial-flywheel re-acceleration (Google Cloud Marketplace + Dell on-prem + 4 deals 2026-06-04) plus Trump 'trusted partner' 60-day clock (2026-06-03). But price just got REJECTED at the 200-DMA (2026-06-03) into profit-taking on a MATURING theme. Trade the reclaim, not the rejection.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a1",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/TSEM/",
      "url": "https://orbyd.app/dossiers/TSEM/",
      "title": "TSEM",
      "content_text": "Q1 print (2026-05-13) confirmed the bull case operating profit ~doubled on AI tailwinds, GM expanded, Q2 guide raised, stock +17%. Theme ACCELERATING, but sell-side caught up (PTs $300–335, 2026-05-14) and the catalyst is spent; next binary is Q2 print ~early Aug. Want a higher-low / 20-EMA pullback for clean re-entry, not a 2-months-early chase.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/UUUU/",
      "url": "https://orbyd.app/dossiers/UUUU/",
      "title": "UUUU",
      "content_text": "Rare-earth ex-China leg is now the live driver, not uranium: UUUU printed first 99.9% Tb + ~30kg Dy oxide from US monazite and is closing the ~$300M ASM mine-to-metal deal ~late June. Stock +10.9% June 2 ($19.54) on the breakthrough, reclaiming mid-range off the ~$16 mid-May low. ACCELERATING chase the spike only as a probe; cleaner add on a hold above the 20-EMA.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a1",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AAOI/",
      "url": "https://orbyd.app/dossiers/AAOI/",
      "title": "AAOI",
      "content_text": "Optical/photonics-transceiver leader survived its ~2026-05-08 Q1 print and ran to 400%+ YTD, but the theme has flipped ACCELERATING→SATURATED: dedicated photonics ETF launched (2026-05-13), MEME/leveraged-ETF retail flows, record $1.3T margin debt, and a $600M ATM (2026-05-14) = management selling the mania. Fresh chase = peak-sentiment trap; wait for a base above rising MA that absorbs the ATM supply.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AMSC/",
      "url": "https://orbyd.app/dossiers/AMSC/",
      "title": "AMSC",
      "content_text": "Data-center grid-power pick-and-shovel; backlog +40% YoY to ~$280M, Q4 orders ~$100M. But 2026-05-28 beat sold off on soft Q1 margin guide ($0.17 adj vs $0.24 est) gapped ~9%, then -8.8% on Jun 3 to $46.67. Narrative accelerating, price structure broken: wait for a higher low, don''t chase the knife.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/CCJ/",
      "url": "https://orbyd.app/dossiers/CCJ/",
      "title": "CCJ",
      "content_text": "Earnings binary resolved bullish (Q1 sales $616M vs $495M est, EPS $0.34 beat, 2026-05-05) but the tape SOLD it topped $135.24, bled ~23% to ~$104. Theme downgraded ACCELERATING→MATURING as spot rolls to $84.70/lb (-2.8% MoM). 2026-06-01 Cigar Lake stake-up to 57.4% signals management conviction, but structure is broken don't chase mid-pullback; wait for a higher-low reclaim of $115.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a3",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/COIN/",
      "url": "https://orbyd.app/dossiers/COIN/",
      "title": "COIN",
      "content_text": "1.5–2.5x BTC-beta proxy in a confirmed bear leg, not a dip: BTC $63.6K (−50% off ATH, 11-day ETF outflows −$3.45B, MSTR now SELLING, whale distribution at 2022 lows). COIN $173.99 has sliced under the Piper $180 bear anchor and all MAs. Momentum narrative rolled MATURING→SATURATED. Falling knife no long until BTC reclaims ~$68K and COIN closes >$185 weekly. Watchlist only.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a1",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/INTC/",
      "url": "https://orbyd.app/dossiers/INTC/",
      "title": "INTC",
      "content_text": "AI-PC + agentic-CPU + foundry-turnaround leg now CONTESTED: NVIDIA''s 2026-06-01 ARM AI-PC chip launch hit INTC -5% (direct x86 threat) while Burry shorts the semi complex on a dot-com parallel. Parabolic ~$102 (~170% above 200DMA, 108x P/E); sell-side PT-chasing to $100-110 but ratings stuck Equal-Weight. Late-stage, not a fresh setup.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a4",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/IQE/",
      "url": "https://orbyd.app/dossiers/IQE/",
      "title": "IQE",
      "content_text": "Binary resolved: the £81m MACOM-led strategic raise (28 May 2026, 19.8p) killed the going-concern/dilution overhang and flipped the story from dying handset-epi to InP-for-AI-datacenter optical Photonics +15%, FY2026 guided >20% growth + EBITDA inflection. Legacy-pivot re-rate, but the May relief pop is done and there''s no near-term catalyst: MATURING setup, buy the pullback toward the 19.8p raise level, don''t chase.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a4",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/MSTR/",
      "url": "https://orbyd.app/dossiers/MSTR/",
      "title": "MSTR",
      "content_text": "The flywheel REVERSED. Strategy went from perpetual BTC buyer to net SELLER (Saylor dumped, 6/1) and the STRC financing engine is in a \"death spiral\" (Schiff 6/2). BTC in \"purge mode\" below $67K (6/3) heading toward $50K. This is a narrative BREAK, not a dip avoid the knife. A long only re-fires on a BTC base + an 8-K showing renewed net accumulation.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a6",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/NNE/",
      "url": "https://orbyd.app/dossiers/NNE/",
      "title": "NNE",
      "content_text": "NRC formally accepted the Kronos construction-permit app (5/20, +10.7%) and the SMCI AI-power MOU plug NNE into the nuclear-powers-AI meta-narrative but the $400M ATM is now LIVE ($569M liquidity) and 6/03 faded 14% off $30.62 to close $26.24 (distribution). Dilution-on-strength is armed; rental/probe only, not a fresh chase.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a1",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/OKLO/",
      "url": "https://orbyd.app/dossiers/OKLO/",
      "title": "OKLO",
      "content_text": "Nuclear-for-AI-power narrative MATURING, not accelerating. Q1 (5/13) print made OKLO a top-10 large-cap loser; DOE plutonium win (5/26) bounced it (Goldman $66, Cantor $122); then 2026-06-03 co-founders sold $13.6M and the stock dropped 12% textbook distribution into strength on a pre-revenue name. No clean setup; fresh entry today is a falling knife.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a3",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/QBTS/",
      "url": "https://orbyd.app/dossiers/QBTS/",
      "title": "QBTS",
      "content_text": "Government-bet leg ($2B CHIPS / $100M Commerce LOI, 5/21) is now DIGESTED, not fresh. Sell-side caught up with triple $40 PTs (6/2), QTUM ETF hit $5B = mainstream, short interest spiking, Quantinuum IPO (6/3) adds equity supply. Theme MATURING→saturating. a6 squeeze; fresh entry ONLY on pullback to the gap base no chasing the $40-PT mania.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a6",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/QUBT/",
      "url": "https://orbyd.app/dossiers/QUBT/",
      "title": "QUBT",
      "content_text": "Quantum theme MATURING after the 2026-05-21 $2B CHIPS blow-off and QUBT was NOT one of the 9 funded names. Faded to ~$11.34 (off $25.84 52w high), May-12 200-DMA reclaim failing. Quantinuum's $14.3B IPO (~2026-06-05) drains capital to the flagship. Beta-only laggard, no accelerating leg to buy.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a6",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/RGTI/",
      "url": "https://orbyd.app/dossiers/RGTI/",
      "title": "RGTI",
      "content_text": "Government-stake leg (2026-05-21 $2B CHIPS quantum push) already fired and cooled inside 4 sessions; theme tipping MATURING→SATURATED (QTUM ETF $5B AUM, short interest spiking, insider selling, IBM $10B + Quantinuum $14.3B IPO commoditizing the pure-play). No fresh RGTI-specific catalyst in 30d chasing the cooled pop is the trap. LOW probe only.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a6",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/SMR/",
      "url": "https://orbyd.app/dossiers/SMR/",
      "title": "SMR",
      "content_text": "Beaten-down SMR re-activated on a NEW binary: South Korea''s $200B US-investment package is eyeing NuScale''s Tennessee/TVA program (Doosan + Samsung C&T in talks). But the tape is pure rip-fade (+9% 6/2 → −13% 6/3 to $12.13), fundamentals are broken (Q1 rev $0.565M, −96% miss), and Citi $7 / Goldman $9 PTs sit at/below spot. Undated catalyst + no clean base = SKIP the chase; watchlist only.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a5",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/TSLA/",
      "url": "https://orbyd.app/dossiers/TSLA/",
      "title": "TSLA",
      "content_text": "Optimus/robotics leg is actively breaking, not accelerating TSLA shed $75B in a session on 2026-06-02 after Sam Altman targeted Optimus and NVIDIA armed Chinese humanoid rivals with an open robotics platform. Musk-complex capital is draining into the ~mid-June SpaceX IPO ($1.77T, $135), not TSLA. No fresh TSLA-specific accelerant stay flat until structure reclaims the 6/2 gap.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a7",
        "status:watchlist"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/NVDA/",
      "url": "https://orbyd.app/dossiers/NVDA/",
      "title": "NVDA",
      "content_text": "Q1 FY27 binary cleared (~5/28); April''s custom-silicon scare never broke the stock and the AI-capex tape is RE-ACCELERATING TSMC flags multi-year capacity shortage + price hikes (6/04), semi mania resuming, AMD/STM cluster ripping. Post-earnings drift window open with no blackout for ~10 weeks. Knock: NVDA is the YTD cluster LAGGARD (+18% vs STM +190%); want a higher-low 50-DMA reclaim while leading before max size.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:high",
        "archetype:a2",
        "status:recently_exited"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/VRT/",
      "url": "https://orbyd.app/dossiers/VRT/",
      "title": "VRT",
      "content_text": "Liquid-cooling sub-narrative re-accelerating inside a now-mature AI-power theme: Goldman blessed it \"the next AI trade\" (5/24), NVIDIA SmartRun digital-twin deepened the moat (6/1), TD Cowen took street-high PT to $387 (5/20). Pullback re-entry on the cohort flush, not a gap chase. Steve Weiss exit (5/19) is the saturation watch size HIGH, not SUPREME.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:high",
        "archetype:a2",
        "status:recently_exited"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/COHR/",
      "url": "https://orbyd.app/dossiers/COHR/",
      "title": "COHR",
      "content_text": "The breakout the last dossier was waiting for has fired. COHR printed a NEW all-time high on 2026-06-02 (Benzinga: \"Marvell Gets The Headlines — Coherent Stock Gets The All-Time High\"), clearing the $404.94 ATH from 2026-05-14 that it had repeatedly failed at through late May. The trigger is fresh and architectural: Jensen Huang publicly confirmed (2026-06-02) that datacenters are shifting to optical interconnects direct validation of COHR's core TAM from the single most important voice in AI…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:recently_exited"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/WULF/",
      "url": "https://orbyd.app/dossiers/WULF/",
      "title": "WULF",
      "content_text": "BTC-miner-to-HPC pivot re-accelerated: 1 GW Kentucky AI campus acquired 5/26 (geo-hedge vs NY) + six analyst PT raises to $28–42 through a Q1 revenue miss = Street absorbing the story. Narrative ACCELERATING again; NY data-center moratorium (6/02) is the new overhang to size around. No named tenant yet keeps it short of fat-pitch.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a4",
        "status:recently_exited"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/GLW/",
      "url": "https://orbyd.app/dossiers/GLW/",
      "title": "GLW",
      "content_text": "AI-optical/glass picks-and-shovels narrative has gone fully public Mizuho PT $220 (5/12), photonics ETF launch (5/13), Cathie Wood \"blasts from the past\" (5/11) = saturation tell, not an entry. no re-entry without a volume-confirmed higher-low reclaiming the $187 pivot.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a2",
        "status:recently_exited"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/MP/",
      "url": "https://orbyd.app/dossiers/MP/",
      "title": "MP",
      "content_text": "Rare-earth supply-security story is MATURING, not accelerating: structural floor intact (DoD price floor, Apple offtake, Texas magnet capex) but the momentum edge is spent sell-side is now INITIATING (Goldman + Needham $81, both 2026-06-01), the textbook \"everyone caught up\" tell. a fresh entry here is a LOW probe. Only second-wind is the emergent government-equity-stakes meta-theme.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a7",
        "status:recently_exited"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/RKLB/",
      "url": "https://orbyd.app/dossiers/RKLB/",
      "title": "RKLB",
      "content_text": "Q1 binary resolved bullish (rev $200.3M, $2.2B backlog) but the trade morphed: a $3B ATM filed 5/20 caps every rally and the bid is now hot-money SpaceX-IPO proxy flow (UFO ETF $1B AUM, Bitcoin→space rotation 6/04). Theme MATURING→SATURATING, peak-retail signals stacking. Not a fresh-entry pitch re-chasing buys the same 5/19 trap.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a1",
        "status:recently_exited"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/LQDA/",
      "url": "https://orbyd.app/dossiers/LQDA/",
      "title": "LQDA",
      "content_text": "YUTREPIA launch ramp accelerating Q1''26 net sales $129.9M (+44% QoQ), profitable, 23% inhaled-prostacyclin share, mgmt line-of-sight to $1B in 2027. Binary overhang: UTHR ''327 patent trial begins 2026-06-23. Legal track record favors LQDA (SCOTUS declined review; full FDA approval intact; ''327 PI already denied).",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:high",
        "archetype:a5",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/ADI/",
      "url": "https://orbyd.app/dossiers/ADI/",
      "title": "ADI",
      "content_text": "Analog cyclical-recovery + AI-data-center-power (Empower $1.5B) narrative; Q2 beat (~2026-05-20) triggered 11+ PT hikes to $440-515. But the binary catalyst is now in the rearview and sell-side has FULLY caught up this is a late, validated leg, not a fresh front-run. Best entry is a 20-EMA pullback re-test, not a chase here.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a3",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AEIS/",
      "url": "https://orbyd.app/dossiers/AEIS/",
      "title": "AEIS",
      "content_text": "Picks-and-shovels AI-datacenter power re-rating: DC Computing revenue doubled to $194.2M in Q1 (5/4) and the 6/3 ADH 800V DC-DC converter launch plugs AEIS into NVIDIA Rubin-era 800V HVDC racks. But tradable leg is MATURING $312 still below the 50-day (~$346), fresh convert-arb overhang, no catalyst until ~early-Aug. Buy the 50-day reclaim, don''t chase the chop.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AMZN/",
      "url": "https://orbyd.app/dossiers/AMZN/",
      "title": "AMZN",
      "content_text": "AWS reacceleration (+28% YoY Q1, 15-qtr high) + Trainium silicon royalty is fundamentally ACCELERATING, but the tape won''t confirm AMZN sold off on a blowout print over ~$200B capex and has chopped near its 50-day MA for six weeks. New wildcard: Anthropic hired IPO banks (2026-06-03), setting up a possible mark-up of Amazon''s stake. No fresh momentum trigger; next AWS binary is the ~2026-07-30 Q2 print.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a1",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/CORT/",
      "url": "https://orbyd.app/dossiers/CORT/",
      "title": "CORT",
      "content_text": "Post-CRL redemption arc: first-in-class SGRA Lifyorli approved 2026-03-25 in platinum-resistant ovarian cancer after the hypercortisolism CRL crushed the stock -50% on 2025-12-31. ROSELLA OS (35% mortality reduction) + NCCN upgrade 2026-04-10 confirm narrative repair, but broken chart and ~2026-05-05 Q1 print is the next binary.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a5",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/DELL/",
      "url": "https://orbyd.app/dossiers/DELL/",
      "title": "DELL",
      "content_text": "Enterprise AI-server picks-and-shovels leg is the only trade here: DELL is the named GB200 NVL72 launch partner and ISG AI backlog was $9.0B on the Q4'25 call. The 2026-04-13 NVDA-takeover rumor + same-day denial reset a floor near $180; GS $215 / JPM $205 PT hikes on 2026-04-16 formalized sell-side catch-up, but the CFO Form 4 sale of 19,500sh @ $182.53 the day of the rumor took the edge off the spike. Rule floor hit today (5/7, ortho 1, archetype 2) but with Q1 FY27 binary inside 30 days and…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/GH/",
      "url": "https://orbyd.app/dossiers/GH/",
      "title": "GH",
      "content_text": "Blood-based cancer-screening narrative re-rated GH ~+30% off early-May (~$98) to $128.82 (6/3): Shield''s ACS CRC-guideline inclusion (5/27, +9% day), expanded Guardant360 FDA approval (5/20), a Quest national distribution deal, and raised FY26 guide ($1.30-1.32B, Q1 rev +48%) drove a 6/2 upgrade cluster (Evercore/Wolfe Outperform, PTs to $160). Catch: now AT consensus PT (~$135 avg), MATURING, no hard catalyst until Q2 (~Aug).",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a1",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/HPE/",
      "url": "https://orbyd.app/dossiers/HPE/",
      "title": "HPE",
      "content_text": "Legacy-pivot AI-server trade whose binary already fired: 2026-06-02 Q2 beat + raised guide + $6.3B AI backlog drove a record +25% rip that faded off the high. Theme ACCELERATING (Dell twin), but 12+ PT raises in 48h = narrative gone public. Fresh entry = chase; edge is the gap retest, not the highs.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a4",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/HUM/",
      "url": "https://orbyd.app/dossiers/HUM/",
      "title": "HUM",
      "content_text": "Medicare Advantage margin-recovery trade: April''s final 2027 CMS rate (+2.48%, +$13B) lifted the regulatory overhang and HUM has the most MA torque. Doubled off $163 to a fresh $350 ATH today (+6.9%) as sell-side scrambles to upgrade but it now trades above nearly every PT with no hard catalyst for 30+ days. Strong tape, late narrative.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a1",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/NET/",
      "url": "https://orbyd.app/dossiers/NET/",
      "title": "NET",
      "content_text": "Cyber + agentic-AI pick-and-shovel narrative accelerating: Anthropic partnership (5-19), record cyber-ETF melt-up (HACK/BUG ATHs), and Voidzero/Vite acquisition (6-04) deepening the dev-platform moat. But the May move is a post-earnings snapback ($200→$216), not a breakout, with no dated catalyst until ~Aug Q2.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/PGNY/",
      "url": "https://orbyd.app/dossiers/PGNY/",
      "title": "PGNY",
      "content_text": "Left-for-dead fertility-benefits name re-rating on a turnaround (6 straight beats, FY26 guide raised ~50% above consensus EPS, ~100% retention) PLUS a fresh policy leg the 2026-05-10 DOL standalone-fertility rule + Trump IVF push. Narrative accelerating but tape is stretched (RSI ~90, +35% in a month, price near Street high PTs, no catalyst until 7/30). Add on a pullback to the 50-DMA (~$24), don't chase the blow-off.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a4",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/SPXC/",
      "url": "https://orbyd.app/dossiers/SPXC/",
      "title": "SPXC",
      "content_text": "The breakout the last dossier was waiting for has FIRED. Two weeks ago (2026-05-21) SPXC sat at ~$205, below its 200-day and stuck mid-range a \"wait for it\" name. As of 2026-06-04 it's $234.39, having ripped ~14% in two weeks, reclaimed the 200-day (~$210), and pushed to within ~5% of the $246.68 52-week high. The fuel is the 2026-04-30 Q1 beat+raise where management hiked 2026 data-center cooling growth from +50% to +70% and reported HVAC backlog +67% YoY. This is the textbook…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/VCYT/",
      "url": "https://orbyd.app/dossiers/VCYT/",
      "title": "VCYT",
      "content_text": "Profitable precision-oncology dx compounder: practice-changing ASCO data (OPTIMA breast + ENZAMET prostate, 2026-05-30) on top of a Q1 beat-and-raise (EPS $0.52 vs ~$0.31, 2026-05-05) drove +40% in a month to 52-wk highs. But both binaries already fired and sell-side is upgrading after the move (Needham $57) narrative MATURING; chasing the post-event high, not a clean entry.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AA/",
      "url": "https://orbyd.app/dossiers/AA/",
      "title": "AA",
      "content_text": "Aluminum structural-deficit narrative (Hormuz/Mideast smelter disruption) has gone fully mainstream UBS Buy $80 (05-22) and WF OW $70 (05-07) upgrades are done, CNBC 'Final Trades' named AA 3+ sessions through 2026-06-02, and there's been NO fresh upgrade in 13 days. Theme is MATURING→SATURATED. We missed the early leg at $45-55; chasing near $72/52-wk-high is exit-liquidity risk, not edge.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a1",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/AMN/",
      "url": "https://orbyd.app/dossiers/AMN/",
      "title": "AMN",
      "content_text": "Beaten-down healthcare-staffing cyclical. Q1 (5/07) EPS $2.10 crushed $1.62 est, but Q2 revenue guide $620-635M came in light vs $634.9M consensus and sell-side stayed mostly Neutral (PTs $26-32). No accelerating narrative this is a trough/value-trap tape, not a momentum setup. SKIP-quality, DORMANT; LOW conviction at best.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a4",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/ATI/",
      "url": "https://orbyd.app/dossiers/ATI/",
      "title": "ATI",
      "content_text": "Aerospace/defense materials supercycle picks-and-shovels ATI titanium/superalloys into the jet-engine + airframe build. Stock ripped +11% to a new ATH ($183.30) post Q1 beat-and-raise, but now trades AT consensus PT (~$179.56) with no catalyst until the ~late-July Q2 print. Momentum real, entry is a late-stage chase probe only.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a2",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/CLF/",
      "url": "https://orbyd.app/dossiers/CLF/",
      "title": "CLF",
      "content_text": "[Stage 1 WATCH] Thesis broken Q1 EPS miss + Morgan Stanley PT cut to $12, rule 3 broken (50<200); theme tag by-association only track for a genuine narrative re-fire, not a buy.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a0",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/CRS/",
      "url": "https://orbyd.app/dossiers/CRS/",
      "title": "CRS",
      "content_text": "rule_2 edge fails (-1.31pp), no dossier MP carries the commodity-materials-rare-earths exposure already",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a0",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/FTNT/",
      "url": "https://orbyd.app/dossiers/FTNT/",
      "title": "FTNT",
      "content_text": "AI-cyber leg already fired: FTNT +56% YTD to ~$146, Q1 beat (May 6) is 4wks stale, 56.8x P/E, RSI ~80, price ABOVE nearly every analyst PT ($96 fair value, $115 neutral cluster, $150 BTIG bull). CNBC/IBD-retail coverage = late/SATURATED. No catalyst until Q2 Aug 12. Fresh entry = chasing; want a 20-EMA pullback.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a3",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/LMND/",
      "url": "https://orbyd.app/dossiers/LMND/",
      "title": "LMND",
      "content_text": "AI-native insurtech with accelerating fundamentals (loss ratio 62% vs 78% YoY, Adj-EBITDA+ guided Q4''26, Tesla FSD auto-insurance leg) but a BROKEN tape: beat-and-raise on 2026-04-29 was sold, price rolled -40% to ~$53 on the $50 H&S neckline. Fundamentals up, momentum is not. No-touch for a momentum book until it reclaims ~$60.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a3",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/ONDS/",
      "url": "https://orbyd.app/dossiers/ONDS/",
      "title": "ONDS",
      "content_text": "Drone-dominance policy trade ACCELERATING (Pentagon push + Trump equity-stake rumor 2026-05-28); ONDS riding it on $110M Q2 bookings (2026-06-01) + World View Navy ISR win (2026-06-02). But it's the most-diluted retail vehicle in the basket and registered a 2.11M-share resale 2026-06-03 probe only, not a hold.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a6",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/PANW/",
      "url": "https://orbyd.app/dossiers/PANW/",
      "title": "PANW",
      "content_text": "Megacap cyber leader printed a clean Q3 beat (rev +31%, NGS ARR +60% to $8.13B, 2026-06-02) but SOLD the news -6% off the $300 ATH while ~20 sell-side desks raised PTs the same day (2026-06-03) textbook late-stage, sell-side-caught-up tape. Narrative intact; entry here is chasing a blow-off (RSI 86). Wait for a reset.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a1",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/PLPC/",
      "url": "https://orbyd.app/dossiers/PLPC/",
      "title": "PLPC",
      "content_text": "Grid + AI-datacenter power buildout ACCELERATING; PLPC a real 2nd-order beneficiary but the stock front-ran it $387.69 (2026-06-04), fresh ATH $391.40 THROUGH old 52w high $371.80, on a Q1 revenue MISS + Freedom Broker downgrade. Breakout is real momentum but a fresh long is a late chase, no catalyst until ~Jul 28.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a3",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/PYPL/",
      "url": "https://orbyd.app/dossiers/PYPL/",
      "title": "PYPL",
      "content_text": "Narrative still broken post-2026-05-05 Q1 (Q2 transaction-margin dollars guided to DECLINE); price stuck below 50/200-day in a death-cross. The 2026-05-29 \"beaten-down bounceback\" media chatter is bottom-fishing, not a momentum leg. No-touch value trap for a momentum book.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a4",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/QURE/",
      "url": "https://orbyd.app/dossiers/QURE/",
      "title": "QURE",
      "content_text": "FDA-regime-change relief rally: Makary''s 2026-05-12 ouster revived hope the FDA reverses its March rejection of AMT-130''s accelerated path; +47% in 30d (to ~$30) into the 2026-06-18 AMT-260 epilepsy readout. Speculative recovery into binary catalysts the primary Huntington''s path is still officially a multi-year Phase III. Probe-only.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a5",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/SIDU/",
      "url": "https://orbyd.app/dossiers/SIDU/",
      "title": "SIDU",
      "content_text": "SpaceX-IPO proxy mania drove SIDU vertical into late May; mgmt cashed the hype with a $100M direct offering at $5.08 (2026-05-28) textbook distribution top-tick. Retail-squeeze name on $359K quarterly revenue. No fresh-entry edge; dilution overhang + peak sentiment.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a6",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/SMCI/",
      "url": "https://orbyd.app/dossiers/SMCI/",
      "title": "SMCI",
      "content_text": "May margin-recovery rip (+68%) off the Q3 FY26 beat is rolling over two distribution days, price back at the 50-DMA (~$47.5), Mizuho PT $44 below spot, first leveraged SMCI ETF launched 6/1 = late-stage retail saturation. Faded picks-and-shovels leg, not a fresh setup; next binary is the Aug 11 print.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a2",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/TXG/",
      "url": "https://orbyd.app/dossiers/TXG/",
      "title": "TXG",
      "content_text": "Legacy single-cell franchise pivoting to spatial biology with 2026-04-20 Atera launch + clustered sell-side PT raises ($24→$30→$32). Narrative is nascent, not accelerating; price structure still multi-year downtrend. Probe only on confirmed weekly reclaim of 50-week MA.",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a4",
        "status:dormant"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/journal/2026-06-05/",
      "url": "https://orbyd.app/journal/2026-06-05/",
      "title": "2026-06-05 — journal",
      "content_text": "RISK-ON the regime engine's authoritative read, and the tape backs it. VIX sits at 16.06 (calm), breadth is healthy with 61.8% of names (605/979) above their 200-EMA, and the SPX closed 756.97 a full +11.6% over its 200-EMA at 678.51. This is a trending, broad-participation market, not a narrow melt-up: more than three in five stocks are in primary uptrends, and there's no volatility bid signaling fear. Under the hood the macro plumbing is benign-to-supportive. The curve is positively sloped…",
      "date_modified": "2026-06-05T12:00:00Z",
      "tags": [
        "regime:risk-on"
      ],
      "date_published": "2026-06-05T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/TSM/",
      "url": "https://orbyd.app/dossiers/TSM/",
      "title": "TSM",
      "content_text": "Foundry-monopoly pricing power is crystallizing from narrative into invoices. The April Q1 beat (rev $35.90B vs $35.50B, EPS $3.49 vs $3.31; Q2 guide mid $39.6B = +38% YoY) established demand; the June flow establishes PRICING. Reports of a 15% 3nm price hike for 2026 (2026-06-01/02) plus CEO C.C. Wei warning AI capacity stays constrained \"for a very long time\" and hinting at further hikes (2026-06-04) means scarcity rent is being captured at the wafer line a near-pure gross-margin tailwind,…",
      "date_modified": "2026-06-04T12:00:00Z",
      "tags": [
        "conviction:high",
        "archetype:a0",
        "status:held"
      ],
      "date_published": "2026-06-04T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/MU/",
      "url": "https://orbyd.app/dossiers/MU/",
      "title": "MU",
      "content_text": "The HBM supercycle is now fundamentally confirmed not just a narrative. Memory shortages are bleeding into consumer-electronics and household prices (2026-06-03), Morgan Stanley is still raising targets into the move (PT $1,050, 2026-06-03), and MU is the second-best S&P 500 stock in 2026 (+260% YTD, ~940-950% trailing 12-mo, 2026-06-02). That is the real, accelerating part. The problem is PRICE: MU trades ~200% above its 200-DMA with RSI >78 (2026-06-03), Trump is name-checking it, and it's…",
      "date_modified": "2026-06-04T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a2",
        "status:watchlist"
      ],
      "date_published": "2026-06-04T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/SYRE/",
      "url": "https://orbyd.app/dossiers/SYRE/",
      "title": "SYRE",
      "content_text": "TL1A/I&I platform narrative accelerating: SPY001 de-risked UC (best-in-class, p<0.0001, Q1 5/5), now multi-asset readout cluster SPY002 anti-TL1A mid-2026, SPY003 Q3, SPY072 rheum Q3-Q4. DB lifted PT to $115 (6/4), Stifel $107; stock ~$72 near 52wk-high $78.80, +345% YoY. Next leg = SPY002 binary.",
      "date_modified": "2026-06-04T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a5",
        "status:watchlist"
      ],
      "date_published": "2026-06-04T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/VST/",
      "url": "https://orbyd.app/dossiers/VST/",
      "title": "VST",
      "content_text": "AI-power catalyst is SPENT Meta+AWS PPAs signed, 2026 EBITDA guide raised +~14% to $6.8–7.6B, yet VST round-tripped ~30% off the $219.82 high to a $132.66 low and now chops ~$153. No longer the anticipation trade; it's a trend-repair/reclaim setup with NO near-term binary (next print ~Aug). Theme MATURING. Don't bottom-fish a fresh long needs a 50-DMA reclaim + power-complex re-acceleration.",
      "date_modified": "2026-06-04T12:00:00Z",
      "tags": [
        "conviction:medium",
        "archetype:a3",
        "status:watchlist"
      ],
      "date_published": "2026-06-04T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/CEG/",
      "url": "https://orbyd.app/dossiers/CEG/",
      "title": "CEG",
      "content_text": "Nuclear-baseload-for-AI narrative has gone mainstream and CEG is the crowded, mature leg: Q1 beat (2026-05-11) sold off ~3%, Third Point fully exited, and an 11M-share secondary priced at $281 (2026-06-01) caps the tape with supply overhang. No fresh entry without a pullback that holds or a NEW hyperscaler PPA / FERC co-location win.",
      "date_modified": "2026-06-04T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a3",
        "status:watchlist"
      ],
      "date_published": "2026-06-04T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/CRWV/",
      "url": "https://orbyd.app/dossiers/CRWV/",
      "title": "CRWV",
      "content_text": "Q1 binary resolved (beat-and-fade, mean-reverted $130s→~$104); now a choppy basing/recovery on fresh catalysts Vera Rubin first-validation (6/1), BNP $192 initiation (6/2), NVDA stake. Earnings now Aug 11, so binary-risk DEFER reason is gone, but CRWV is still the laggard of its theme. Setup improving, not yet a clean breakout LOW probe.",
      "date_modified": "2026-06-04T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a1",
        "status:watchlist"
      ],
      "date_published": "2026-06-04T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/GLXY/",
      "url": "https://orbyd.app/dossiers/GLXY/",
      "title": "GLXY",
      "content_text": "Crypto-financials leg broke we were chasing the BTC>$80k move above Cantor's $30 PT. Now a 265.1M-share offering/registration (5/21), a $100M BitGo claim (5/21), and Novogratz himself warning of a market top (5/26) = structural overhang. STAY-AWAY / re-setup-required, not a fresh long.",
      "date_modified": "2026-06-04T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a7",
        "status:recently_exited"
      ],
      "date_published": "2026-06-04T12:00:00Z"
    },
    {
      "id": "https://orbyd.app/dossiers/PURR/",
      "url": "https://orbyd.app/dossiers/PURR/",
      "title": "PURR",
      "content_text": "Hyperliquid proxy: fresh institutional narrative leg (ICE CEO \"bigger than Nasdaq\" 5/29, Hayes $100k bet 6/2) but.7% chasing the retail leg. Crypto rolled over (BTC <$68k) and a 35M-share secondary overhangs. WATCH not a buy no fresh long until clean reclaim of $8.50 with BTC >$70k and a non-retail confirm.",
      "date_modified": "2026-06-04T12:00:00Z",
      "tags": [
        "conviction:low",
        "archetype:a7",
        "status:recently_exited"
      ],
      "date_published": "2026-06-04T12:00:00Z"
    }
  ]
}