Tactical Investing

It's official: Canada has unexpectedly entered a technical recession for the first time since the pandemic lockdowns in 2020. Real GDP in Canada fell -0.1% in Q1 2026 following a -1.0% contraction in Q4 2025. This marks two-straight quarters of GDP contraction for the first time in six years. Economists had expected Q1 GDP growth of +1.5%, yet the economy suddenly contracted. The weak GDP data coincides with a weak job market as well, as the Canadian economy is likely to remain under pressure amid ongoing US tariffs. Meanwhile, the household saving rate fell to 3.5%, reaching its lowest level since the Q1 2024 as spending rose faster than incomes. Canada is facing a major economic slowdown.

$RDW at $7 looks seriously undervalued 🚀 • Space infrastructure > rocket launches Suppliers win no matter who launches. • Exposure across NASA, defense & SpaceX supply chain 🛰️ • Satellite components + power systems scaling fast • Direct leverage to Artemis & lunar missions 🌕 • EBITDA nearing breakeven → profitability inflection 2026 (IMO positive by Q4 ‘26 / early ‘27) • Trading ~4× sales vs peers at 6×+ If RDW executes to ~$400M+ revenue by 2026, a peer multiple alone supports ~$20. Execution + multiple rerate is the setup. PT: $20 (Base case EOY 2026) Still early innings for space infrastructure. Who’s building a position?

$RDW One of my favorite space setups right now. Clean consolidation within a large descending wedge. Once this breaks, the move will be significant, with a path toward the $40s. The best breakouts come after the longest compressions, don't sleep on this one!

$RDW Slowly, then all at once. That dip under 5$ last month was juicier than people realized.