🟢 [E1656] Jordi: Growth good, tech bad. Energy good and growing. 79% small caps are beating estimates. Russell is up this year (S&P is flat). XSD instead of SMH. Corning is the new Samsung. Critical minerals focus.

🟢 [E1606] Jordi is very worried about software. If IGV goes lower, hedge funds could face forced liquidations. Software forward PE is now down from 35 to 19, which is approximately when iPhone was released.