Gianni Di Poce locked in a 134% gain on Astera Labs yesterday. He sold the last of his position when prices hit 450.
He did it while the media was busy writing off AI and semiconductors.
The timing tells the whole story. Last week the headlines screamed that tech was finished and a major correction was coming.
Gianni ignored the noise. He stuck to the plan. He let his winners keep working.
The Headlines Got It Wrong
Here is what the panic crowd missed. The Semiconductor Index never broke the lower trend line of its ascending channel.
Price stayed inside the channel the entire time. Then it bounced off support. That bounce confirmed the rate of ascent was still intact.
The Nasdaq is outperforming again. Semiconductors came back to life. Gianni was already positioned before the turn.
The wins did not stop at Astera Labs. Here is what Gianni and the team booked while everyone else braced for a crash, all covered in tonight’s video:
- Astera Labs hit 450 for a 134% gain on the remainder of a back up the truck position that ran as high as 13% of the portfolio
- ECore Holdings hit 105 yesterday for a 25% gain
- Extreme Networks delivered a 40% gain over in the trade desk
- Chimera Therapeutics booked gains last week on the biotech side
Where The Next Move Is Building
Gianni sees the biggest opportunity right now in biotech. His reasoning is simple.
AI needs something beyond semiconductors to stay the dominant theme. He believes biotech is that next leg.
Even Dario Amodei, the CEO of Anthropic, seems to lean the same way. Gianni is already taking trades in the space.
Semiconductors, technology, and biotech are the three areas where he sees the most setups today.
Why This Market Stays Strong
The Mag 10 now makes up over 40% of the S&P 500. Gianni includes SpaceX in that group today.
Those names did not have a good month. The Mag 7 ETF peaked in mid-May. The Mag 10 peaked in early June.
Here is the tell. Nearly half the index struggled. The index still refused to make a new low.
It formed a higher low instead. Now it is surging into quarter end. That is the sign of a strong market.
Gianni thinks the easy money phase is behind us. He still sees energy building for new record highs in July.
