2026Q1 HOWARD MARKS 和 OAKTREE CAPITAL

TORM $TRMD：7.576億美元
Expand Energy $EXE：5.03億美元
Garrett Motion $GTX：4.61億美元
AngloGold Ashanti $AU：3.128億美元
Core Scientific $CORZ：2.298億美元
Viper Energy $VNOM：1.81億美元
Telephone and Data Systems $TDS：1.78億美元
Nokia $NOK：1.572億美元
SunOpta $STKL：1.347億美元
Petroleo Brasileiro $PBR：1.208億美元
Talen Energy $TLN：1.15億美元
Barrick $B：1.105億美元
CBL & Associates $CBL：9,940萬美元
Itau Unibanco $ITUB： 9,790萬美元
Liberty Global (LBTYA)：9,710萬美元
Credo Technology (CRDO)：9,630萬美元
TransAlta (TAC)：8,420萬美元
Freeport-McMoran (FCX)：7,740萬美元
Kilroy Realty (KRC)：6,570萬美元
Grupo Aeromexico (AERO)：5,960萬美元
XP Inc (XP)：5,650萬美元
Bausch + Lomb (BLCO)：5,410萬美元
Runway Growth Finance (RWAY)：4,680萬美元
Liberty Latin America (LILAK)：4,440萬美元
YPF Sociedad Anonima (YPF)：3,930萬美元
Array Digital Infrastructure (AD)：3,690萬美元
Cemex (CX)：3570萬美元
Ecovyst (ECVT)：3,470萬美元
Embraer (EMBJ)： 2,620萬美元
Ternium $TX：2560萬美元
Rice Acquisition 3 $KRSP：2,490萬美元
Oaktree Specialty Lending $OCSL：2,220萬美元
Telecom Argentina $TEO：2010萬美元
Simply Good Foods $SMPL：1300萬美元
Magnachip Semiconductor $MX：1,210萬美元
SmartRent $SMRT：870萬美元
Battalion Oil $BATL：660萬美元
NRG Energy $NRG：660萬美元
Optimum Communications $OPTU：650萬美元
Liberty Latin America A $LILA：630萬美元
Asertio Holdings $ASRT：500萬美元
Invesco Senior Loan ETF $BKLN：410萬美元
HDFC Bank $HDB：280萬美元
PDD Holdings $PDD：45.9萬美元
Alvotech $ALVO： 33.3萬美元
BioXcel Therapeutics (股票代號：BTAI)：28.9萬美元

NU、ORCL、SMH、GRAB 全部售出

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY.

Here’s a full recap:

1. The $SPX S&P 500 and $QQQ Nasdaq closed at fresh all-time highs today, even with oil spiking and U.S.-Iran peace talks stalling. The market is basically saying AI earnings momentum is more important than geopolitical risk right now. The PHLX Semiconductor Index rose 2.6%, with semis now comprising 17% of the S&P 500.

2. The optical networking trade continues to gain momentum. $LITE Lumentum surged after being added to the Nasdaq 100, while peers like $COHR Coherent and $GLW Corning also benefited from the AI data center connectivity theme. This is becoming one of the clearest “picks and shovels” trades in AI infrastructure. $LITE Lumentum’s move matters because the market is realizing AI is not just about GPUs. It is also about optical transceivers, lasers, fiber, switches, power, cooling, copper, glass, and every bottleneck inside the data center stack. The AI trade is expanding from chips into the entire physical infrastructure layer.

3. $TSLA Tesla was in focus after the White House invited Elon Musk, alongside more than a dozen top U.S. executives, to join President Trump’s trip to China this week. The delegation includes Apple’s Tim Cook, and BlackRock’s Larry Fink with other executives from Goldman Sachs, Cisco, Mastercard, Citi, Meta, Micron, and more. The trip is expected to focus on U.S.-China trade and investment, potential Boeing aircraft purchases, agriculture, energy, and possibly extending the rare earths truce, making Musk’s inclusion important given Tesla’s exposure to China manufacturing, demand, and supply chains. Jensen Huang $NVDA and Lisa Su $AMD were not invited as per Reuters.

4. Oil jumped again as the U.S.-Iran situation remained unresolved, with Brent crude moving above $104 and the Strait of Hormuz risk still hanging over the market. This is the main bear case investors are watching: if oil keeps rising, inflation expectations can come back and pressure the Fed. CPI will be reported tomorrow with expectations of a 3.7% print, the highest in 2.5 years.

5. Per Jeffries: "47% of semis/hardware stocks are screening overbought on 14-day RSI (high was 70% in Dec '23, 66% on April 24) as of Friday's close. The SOX is now 60% above its 200-day moving average, a level not seen since March 2000 and July 1995."

6. Earnings season continues to come in strong. Reuters reported that 440 S&P 500 companies $SPX have reported, with 83% beating estimates and Q1 earnings growth now projected at 28.6% year-over-year. That is why the market keeps absorbing bad macro headlines.

7. $CBRS Cerebras increased its planned IPO price range as investor demand for AI chip exposure remains extremely strong. The company is now looking to sell 30 million shares at $150 to $160 each, potentially raising up to $4.8 billion. The AI IPO window is officially open again.

8. $CRCL Circle reported a 20% increase in quarterly revenue and reserve income to $694 million, helped by rising demand for USDC during a volatile period. USDC circulation grew 28% year-over-year to $77 billion, showing that stablecoins are becoming a bigger part of the financial infrastructure story.

9. The most traded options today were $TSLA with 5.5M contracts, $NVDA with 4.8M, $MU with 1.1M, $INTC with 1.0M, $AAPL with 1.0M, $NOK with 886K, $META with 637K, $AMZN with 621K, $MSFT with 591K, and $AMD with 514K.

10. $HIMS Hims & Hers reported Q1 revenue of $608M, up 4% YoY, with subscribers growing 9% YoY to nearly 2.6M. The company raised full-year 2026 revenue guidance to $2.8B-$3.0B, but profitability moved lower as gross margin fell to 65% from 73%, net loss was $92M, and adjusted EBITDA declined to $44M from $91M last year. Management said 2026 is a “defining year” as the company expands branded GLP-1 offerings, international markets, diagnostics, and technology infrastructure.

11. $ASTS AST SpaceMobile reported Q1 revenue of $14.7M and said it remains on track for full-year 2026 revenue guidance of $150M-$200M. The bigger story is deployment: BlueBird 8, 9, and 10 are expected to launch in mid-June, BlueBird 11 through 33 are already in advanced production, and the company is targeting roughly 45 satellites in orbit during 2026. ASTS also received FCC authorization for commercial SpaceMobile service in the U.S., hit 98.9 Mbps peak data speeds from an in-orbit satellite to an unmodified smartphone, and ended the quarter with about $3.5B in cash

12. China is also in focus ahead of a Trump-Xi summit, with Chinese stocks $BABA $KWEB $JD hitting an 11-year high and the yuan reaching a three-year peak. Investors are watching whether the U.S. and China could coordinate around trade, Iran, and global supply chains.

I used to do these recaps a year ago...have gotten a bit busy but looking to bring them back...would people like them at the end of the day? I use AI to help summarize the events but the real time (around 30-40 min daily) comes in curating the best headlines and including the relevant details. Happy to start it again if people want it back!

WALL STREET IS THE GREATEST SHOW ON EARTH.

中美本周末将在巴黎谈判商定双方领导人在北京见面时签署的条款。

预计将涉及关税、台湾、投资以及芯片出口。

$NVDA $BABA $AMD $TSM

Wall St Engine: U.S. and Chinese negotiators will meet in Paris this weekend to map out deliverables for Trump’s March 31 to April 2 summit with Xi in Beijing, with talks expected to cover tariffs, fentanyl, Taiwan, Chinese investment in the U.S., and advanced chip exports.

Picking high-quality companies is not a guarantee for short-term succes.

My top 10 picks for 2026 are down almost 10% compared to -0.4% for the S&P 500.

A lot of the picks have not been performing well this year. Only Kraken Robotics and Nebius have been doing well.

$NVO - Novo Nordisk
$DLO - dLocal
$NBIS - Nebius
$KRKNF - Kraken Robotics
$AMZN - Amazon
$SE - Sea Ltd
$MELI - MercadoLibre
$MSFT - Microsoft
$BABA - Alibaba
$V - Visa

These are not bad companies, and I believe holding these WILL outperform in the market in the long run.

What do you think?

Sidenote: my actual portfolio is doing a lot better, only down about 1% this year. I have some other picks that are actually doing very well this year.

Do you want to keep track of how my top 10 picks do for this year? You can follow and track the portfolio on Blossom via this link: https://getblossom.onelink.me/SOfu/TacticzHazel

Disclaimer: this is an affiliate link so I do get a small fee for everyone that downloads the app!

RT TacticzHazel
Picking high-quality companies is not a guarantee for short-term succes.

My top 10 picks for 2026 are down almost 10% compared to -0.4% for the S&P 500.

A lot of the picks have not been performing well this year. Only Kraken Robotics and Nebius have been doing well.

$NVO - Novo Nordisk
$DLO - dLocal
$NBIS - Nebius
$KRKNF - Kraken Robotics
$AMZN - Amazon
$SE - Sea Ltd
$MELI - MercadoLibre
$MSFT - Microsoft
$BABA - Alibaba
$V - Visa

These are not bad companies, and I believe holding these WILL outperform in the market in the long run.

What do you think?

Sidenote: my actual portfolio is doing a lot better, only down about 1% this year. I have some other picks that are actually doing very well this year.

Do you want to keep track of how my top 10 picks do for this year? You can follow and track the portfolio on Blossom via this link: https://getblossom.onelink.me/SOfu/TacticzHazel

Disclaimer: this is an affiliate link so I do get a small fee for everyone that downloads the app!