Performance Update
Published to Our Community June 1st, 2026 at 5:35 AM EST
Delivered to Inbox at 9:00 AM EST
Last Week: +9.63% vs SPY +1.45%
Friday got off to a rough start with ASTS and SATS but top picks RDDT HOOD and NBIS exploded towards their swing targets, generating significant alpha for many community members.
As this market has proven highly lucrative for swing trading, we are adjusting how we report performance. Daily reporting, while fully transparent, can create an incentive to sell high-conviction positions during periods of intraday volatility in an attempt to preserve capital and beat markets for the day.
Going forward, we will report performance weekly rather than daily, allowing us to better align execution with conviction and maximize long-term returns.
Last Month: +35.87% vs SPY +5.26%
YTD: +131.74% vs SPY +11.27%
* Above performance reflects our CEO’s personal trading portfolio based on top trade ideas shared daily in this note, on live streams, and in Discord. Long-term account performance is not officially tracked. Individual results will vary.
Macro Discussion
Last week, markets continued their near-vertical move up driven by light inflation data, blowout DELL earnings, and optimism on Iran.
Momentum seems set to continue this week with a number of announcements from NVDA this morning at Computex, the SpaceX IPO roadshow kicking off on Thursday, and the end of the pattern day trader rule on Thursday as well.
The week is light on key economic data and earnings reports which could help to shine a light on the catalysts above. However, signs are emerging that a potential deal with Iran is facing some turbulence which has caused USO to surge back above its 50 DMA this morning. U.S. bonds (as reflected in TLT) is also at a key resistance level. Together, these factors flash caution for markets. Additionally, the moves we are seeing in DELL IBM ARM and other AI-related stocks on Friday and this morning are starting to look reminiscint of the 2000 dot com bubble.
However, even as cautionary signs are emerging, we will continue to ride this bull market until it breaks.
Today’s Signal: 🟢
Trump World
War
🆕Iran: U.S. and Iranian negotiators remain focused on a proposed 60-day extension of the current ceasefire framework, but Trump has not yet signed off on the deal. Reports indicate Trump returned the draft with tougher provisions on Iran’s nuclear material and access through the Strait of Hormuz, keeping negotiations active while the ceasefire largely holds.
🆕Ukraine: The war intensified with Ukraine launching some of its deepest drone strikes yet against Russian energy infrastructure, including oil facilities hundreds of miles from the front. Western allies also continued tightening pressure on Moscow, including new enforcement actions against Russia’s sanctioned oil trade.
🦠Infectious Disease: Global health authorities remain focused on the rapidly expanding Ebola outbreak in the Democratic Republic of Congo and Uganda, with confirmed cases continuing to rise and WHO warning the response is struggling to keep pace. U.S. agencies are also continuing to monitor hantavirus developments following recent clusters and travel-related exposure concerns.
Industry
🆕Nuclear: The Department of Energy yesterday highlighted comments from Energy Secretary Chris Wright made on May 22nd that “multiple next-generation nuclear reactors” are expected to run their full nuclear systems in the U.S. this summer, including projects in Utah and Idaho. The remarks tie into President Trump’s executive orders targeting advanced-reactor criticality by July 4, 2026, reinforcing expectations for an accelerated nuclear deployment timeline.
Prior: Over the past 10 days, the Trump administration has reportedly explored funding mechanisms to accelerate domestic drone production, including support for U.S. drone manufacturers; bipartisan lawmakers moved to codify parts of Trump’s psychedelics executive order into law; the White House launched the new “Trump Accounts” investment platform with Robinhood and BNY Mellon; Trump reiterated strong support for crypto as momentum builds around the CLARITY Act; and he criticized state efforts to restrict prediction markets such as Kalshi and Polymarket, arguing they should remain under federal oversight..
Trade
China: Post-summit U.S.-China talks continued around AI chips, export controls and Taiwan, with both sides signaling the current trade truce remains fragile despite ongoing negotiations.
Proximal Catalysts (1 to 2 days)
ERs of Note:
Monday: CRDO HPE after the close.
Tuesday: ODD then SMID YEXT GTLB ULTA PANW after the close.
Wednesday: M then FIVE VEEV AI CRWD AVGO after the close.
Thursday: PLCE RBRK PL DOCU LULU after the close.
Friday: none of note..
Economic Data of Note:
Monday 10am: ISM Manufacturing PMI
Tuesday 10am: JOLTS job openings
Wednesday 8:15am: ADP jobs data
Wednesday 10am: ISM Services PMI
Thursday 8:30am: Initial jobless claims
🔥Thursday: SpaceX IPO Roadshow kicks of.
🔥Thursday: End of pattern-day-trade rule.
OUST Roth/MKM initiates coverage with a Buy rating and a $75 price target. The analyst sees Ouster poised to outgrow the broader sensor market with its advanced lidar and camera offerings, which enable an AI-based perception platform.
TEM $SOC: Sable Offshore plans to post a new investor presentation before market open on June 1 and will host a conference call at 11:00 a.m. EDT to discuss the presentation and provide an update on the company.
ONDS secures over $30M in new orders in May, bringing Q2-to-date orders to more than $110M across its defense, security, and autonomous technology platform.
👀SOC plans to post a new investor presentation before market open on June 1 and will host a conference call at 11:00 a.m. EDT to discuss the presentation and provide an update on the company.
SMMT announced that ivonescimab plus chemotherapy demonstrated a statistically significant overall survival benefit versus tislelizumab plus chemotherapy in the Phase 3 HARMONi-6 study for first-line treatment of patients with squamous non-small cell lung cancer in China, further strengthening the clinical profile of ivonescimab, which is being co-developed globally by Summit Therapeutics.
🔥OpenAI CEO Sam Altman announced the launch of OpenAI Robotics, with the company hiring hardware, systems, operations, and AI engineers to develop and manufacture robots designed to be useful in the real world. The near-term focus is supporting skilled workers building future infrastructure, while the long-term vision is personal robots for everyday tasks, marking OpenAI’s expansion into embodied AI and setting up a direct challenge to Tesla’s Optimus humanoid robot program.
🔥NOK Insider buying continues at Nokia, with Senior Manager Victoria Hanrahan purchasing 44,682 shares after Chief Corporate Development Officer Konstanty Owczarek acquired 70,000 shares worth approximately $1.1M last week, the company’s largest disclosed insider purchase of 2026.
🔥NVDA Jensen Huang opened Computex 2026 with the GTC Taipei keynote, announcing the Vera Rubin AI platform and Vera CPU are now in full production for next-generation AI factories and agentic AI systems. NVIDIA also unveiled the RTX Spark (N1X), a new ARM-based AI PC superchip combining up to 20 Arm CPU cores with a Blackwell GPU featuring 6,144 CUDA cores and up to 128 GB of unified memory. MSFT, DELL, HP, ASUS, Lenovo, and MSI are expected to launch RTX Spark-powered Windows PCs this fall as NVIDIA expands beyond GPUs and pushes Arm-based AI computing into the mainstream PC market.
SMCI unveiled a new AI data center architecture designed to scale to thousands of NVIDIA chips and launched a turnkey AI infrastructure platform aimed at accelerating deployment of large-scale AI factory and data center projects.
IBM influencers on social media have succesfully convinced much of the world that Trump just made positive comments about IBM stock as the mania around Trump-supported stocks continues after blowout earnings from DELL. The positive comments however were made in December.
Top Trade Ideas
Active Re-Ratings
Continuations: RDDT HOOD NBIS are catalyst-triggered swings from last week which are on their way to or past their targets early this morning. RDDT $190 swing target and HOOD $103 target have the the most room left. NBIS has already exploded past our $234 target. We’ll be ringing the register at 7am but will watch it for trade opportunities on dips.
SMR the entire nuclear sector may be in play today after a tweet yesterday by the DOE highlighted nuclear energy goals. We’ve chosen SMR as our focus for this theme among a group which includes OKLO CCJ URA LEU NNE UUUU ASPI and others. $13.70 and $14.20 are the next targets for SMR. Those who wish to play it safer can invest in the diversified URA ETF.
BULL has been lagging HOOD for good reason but with the pattern-day-trade rule being lifted Thursday, expect a PR from BULL and a swing target of $6.75
SATS the SpaceX roadshow kicks off this Thursday. Continue accumulating SATS or hold your position as this catalyst approaches. We believe SATS will begin its rapid ascent towards $150s by the end of this week.
AAOI has performed poorly as Serenity continues to pump it daily. The poor performance may be due to an ATM which could be ending soon. Look for major support around $150 (near the 50 DMA) for a high-confidence swing entry.
ASPI our $8.60 swing target is still in play especially after the nuclear-sector catalyst noted above.
Core Swings (this is not a complete list of all swings. Refer to allocation screen shot below for a full list)
SATS price target updated. We now see $150s as the next step as SpaceX IPO nears.
WATT this is now a core swing targeting $33 to $37 in the near-term
Current Allocations (Day/Swing Account)
SATS — 15.79%
NBIS — 10.27%
RDDT — 6.84%
AMPX — 5.63%
WATT — 4.67%
SATS 135 Call (Jun 18 2026) — 4.14%
WATT — 1.56%
BULL 6.5 Call (Jun 12 2026) — 1.22%
IWM 290 Call (Jun 01 2026) — 0.09%
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Not investment advice. Past performance is not indicative of future results. StoryTrading contributors may buy, sell, or liquidate positions discussed at any time without notice. See storytrading.com/disclaimer for important disclosures.
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