Entry comments: Nvidia reports tomorrow after close. This is the single largest AI infrastructure data point of the quarter. The beat probability is 94.8% per prediction markets. Hyperscalers — Microsoft, Amazon, Meta, Alphabet — have collectively committed $725B in 2026 capex, nearly double last year. That money flows through Nvidia. The setup for a strong print is as well-supported as any Nvidia earnings in recent memory.

Exit comments: Sold 3/4 right before Nvidia earnings for a 34% profit, sold the rest after muted earnings.