SilentAlert

$PATH Will give one more earnings to this postion, if tide is not turning, will exit from it, its turning into dead money for now The pace Agentic AI solutions are emerging, the capital will be better deployed else where

$PATH unsurprisingly is down 10% pre-market right now. I remain bullish on $PATH long term no doubt, but my conviction after this print has been weakened just a tad. The positive news is that $PATH trades at a pretty low valuation sub $12 so I think the downside risk here at 17x NTM PE is actually quite minimal. The issue is $PATH isn't convincing the market that there is going to be any material Maestro ramp up anytime soon. Focus remains on margins (a nice positive), buybacks (a nice positive) etc, but what the market really wants to see is enterprise wins. I don't know if $PATH are winning here (yet). I may be overestimating the speed of the transition for Maestro...but right now it seems we won't really see anything material until FY28 and the market doesn't like that. Either the above is the case, or $PATH simply aren't winning the entry level simple task players and getting them into the pipeline. If $PATH have to rely on current enterprise customers and upselling those, whilst disruptors win other entry level clients, I think the long-term high growth story for $PATH is for sure in question. Then $PATH is simply a slow growth profitable play in a nice industry and nothing more. Then, a 17x multiple seems cheap but not very cheap. Another quarter of waiting to see if $PATH can get investors excited about the future of the company. So far, I don't think they are. Disclosure: I remain long $PATH (top 6 position)

Iran Launch Capability Trend:

🇺🇸🇮🇷 The White House says Iran is days away from weapons-grade nuclear material. Experts say that's not what the evidence shows. Weapons inspectors, U.N. officials, and nuclear analysts say Iran's program has been essentially frozen since U.S. strikes hit 3 major sites last June. The head of the International Atomic Energy Agency confirmed in October that Iran has not resumed uranium enrichment. That assessment has not changed. Satellite imagery of the bombed Fordow, Natanz, and Isfahan sites shows little to no reconstruction activity. If the intelligence community and international inspectors don't see a threat, who exactly is the Trump administration's case for potential military action being built for? Source: Wall Street Journal

Wall Street tends to overdo almost all big moves, in both directions. Feels like one of those times. 63-day ROC in Software only been worse 1 other time, 2000 Fast-money traders got tariff tantrum wrong and DeepSeek wrong, chances they'll get $IGV $MSFT right seem slim to none. $QQQ $SPY $SPX $NDX $NOW $PLTR $PANW $CRM

5 SOFTWARE STOCKS AT SOME NICE LEVELS: 1. $ZETA: Identity based AI marketing. 2. $PATH: Transitioning from basic automation to an agentic orchestration model. 3. $RBRK: Data security and instant cyber recovery. 4. $UPST: Transforming the $1T+ credit market. 5. $TEM: Precision medicine for global oncology and drug discovery.

$TSLA - TESLA SEMI LONG RANGE PRICED AT $290,000 Tesla’s 500-mile Semi Long Range is now quoted at $290,000, up ~60% from the original $180,000 price promised in 2017. The Standard Range (325 miles) is listed around $260,000. Despite the increase, Tesla undercuts the average Class 8 electric truck ($435,000) by about $145,000. The Semi offers 500 miles of range, 1.2 MW peak charging, 1.7 kWh/mile efficiency, and three 800 kW motors. Volume production is expected this year, with California HVIP vouchers and Uber Freight discounts helping reduce effective costs. Tesla positions the Semi as competitive vs. diesel trucks, with payback in ~4 years for local distribution.