TT101 LEADERSHIP · 25 SEP 2026
Theme Leadership
Hot Theme comes before Hot Stock. Today’s map combines structural demand, fresh catalysts and market confirmation.
| Rank | Theme | Stocks | Status | Read |
|---|---|---|---|---|
| 1 | AI Compute / Memory | AMD INTC MU SNDK ARM STX HPE | Strong | Largest leadership engine; semis and memory remain heavily represented. |
| 2 | AI Networking / Optics | APH ANET LITE MRVL GLW | Strong | One of the cleanest AI-capex expressions; APH and GLW also sit in buy-zone universes. |
| 3 | Enterprise AI Software | DDOG NOW VEEV SHOP | Strong | Best economic diversifier versus the hardware-heavy book; DDOG and NOW remain at M Support. |
| 4 | Refining / Energy | MPC VLO FRO APA | Emerging | MPC and VLO are fresh Direct New names; refining margins and diesel tightness provide a real catalyst. |
| 5 | Data-Center Power | NVT ETN MPWR VICR | Selective | Structural demand remains strong, but overlap with AI infrastructure exposure matters. |
Fresh Theme Change
Refining / Energy is today’s important new addition. MPC and VLO entered Trending directly with strong cash-flow profiles.
Short-Side Context
32 names are in Trending DOWN, but the weakness is spread across retail, transport, finance, utilities and speculative tech rather than one systemic break.
