Happy Friday Maniacs! Welcome back To The Greatest Newsletter On The Planet!!
What the chart above shows is the last two corrections for the nasdaq, both times we bottomed were on the heals of super negative news and uncertainty. More proof that trying to time the market is a fools errand. As the G.L.A INVEST Bible rule #7 states: Miss ten days, lose have your gains. “There are ten random big up days per year that if you wernt’t in the market, your expected gains would be cut in half. These ten random big up days usually happen on the heels of sharp declines.”
The lesson is simple…. It’s not about timing the market, it’s all about TIME IN THE MARKET. Once an Investor truly understands this, all we have to do is focus our energy on picking the right companies, companies that we don’t have to worry about even when they are down big. For G.L.A INVEST we put a big premium on Risk vs Reward, everyone always talks about the upside for an investment, but what about the risk? We believe a concentrated portfolio of our highest conviction investments is the best strategy for today’s market. Behold The “Apex 10”.
In other news, our #2 ranked private market company Cerebras is making major waves following a monumental $20 billion AI infrastructure contract with OpenAI and is targeting a highly anticipated IPO within the next few weeks. Once public, the company is positioned as a premier disruptive force challenging Nvidia’s dominance in the AI chip market.
Recent Cerebras and OpenAI Developments
OpenAI has entered a landmark agreement committing over $20 billion across three years to utilize servers powered by Cerebras chips. This deal includes OpenAI taking an equity stake in Cerebras through minority equity warrants, which could eventually translate to a 10% ownership position. Furthermore, OpenAI will provide about $1 billion to help fund the development of data centers required to run these AI workloads. This partnership underscores a major shift as leading AI companies aggressively seek alternatives to Nvidia to satisfy their massive computing needs. This strengthens my bullish view of the CEREBRAS pre ipo, while private-market access and eligibility remain separate questions.
A quick recap of the week: Wall Street experienced a robust rally over the past week, driven largely by positive geopolitical developments and strong corporate earnings that helped reverse the market declines seen earlier in March. The major U.S. stock indexes surged between 3% and 5%. The S&P 500 and the Nasdaq both set new all-time highs by Wednesday, with the S&P 500 notably crossing the historic 7,000 mark for the first time. This momentum was fueled significantly by the technology sector, as mega-cap stocks continued to surge.
Here are 5 of the most bullish announcements and developments from the past week:
Easing of Middle East Tensions: President Donald Trump announced that talks to end the conflict with Iran could resume within days, which significantly boosted investor optimism and sent oil prices tumbling by approximately 13% to 15%.
S&P 500 Crosses 7,000: The S&P 500 Index closed above the 7,000 level for the first time in history, marking a major psychological and technical milestone for the market.
OpenAI and Cerebras $20 Billion Deal: OpenAI committed over $20 billion to utilize servers equipped with Cerebras chips over the next three years, signaling a massive investment in AI infrastructure alternatives to Nvidia.
Strong Mega-Cap Tech Performance: The tech sector led the market’s gains, helping the Nasdaq Composite index climb 4.7% for the week, as investors continued to pour capital into AI and technology leaders.
BITCOIN and $MSTR BOUNCE BACK – Speaking about disruptive innovation, Bitcoin and $MSTR bounce back ahead of the Clarity act being approved, the rumor is that after the clarity act is approved by the senate and house, the US govt is expected to buy a large amount of bitcoin for the national reserve
