7/24/26 - $orcl - Just a working theory...Oracle CorporationNYSE:ORCLVROCKSTAR7/24/26 :: VROCKSTAR :: ORCL Just a working theory... - from IG bonds to one notch above junk - a stock price that on it's QQQ pair was nearly at ATH... and now it's challenging it's near-IPO '99 beginnings - arguably needs the "compute" as much as anyone, but frontier? compete for jensen's doritos as much as the other hyperscalers? mmm... that's where this becomes weird - the feedback loop (prisoner's dilemma) on the infra stack (power, equipment, chips etc.) could be dramatic. so far the move from peak has been - but let's get one thing straight, parabolic moves typically have 30-50% corrections in the midst of their ascent. so unless there's a valid reason the multi-year 'compute won't earn returns' story is over... we're still going higher on the overall space, with or without orcl going back to ATH (hint, probably not) - but with that being said, rates ripping on oil, HQ consumer names all comp'ing lower growth... intl's beat faded (when good news does "this sort of thing" pay attention). not sure what monday will bring, kospi feedback loop c/b interesting. also we're heading into august. nobody does anything when they're up DD and into midterm year where stakes are high and rates r not coming down anytime soon... sticky - so will orcl be the one to relieve the space? if so risk/reward in a few-week period super dicey but probably "good" here. idk if the theory is correct. - let's see let's see - be well - don't f with leverage. know what u own. touch grass. better to miss an opportunity than impair permanent capital. move slow. if you're confused, go slower. name of the game is survival. V