Calls through signals

Portfolio

4 positions, sorted by size.

Halving played out as expected. ETF inflows steady. Trimmed 20% on the way up.

EUV monopoly intact. Chinese exposure reduced after export controls. Holding through cycle.

Thesis under pressure. EU windfall tax weighing. Watching Q2 capex commentary.

Core position. Monthly DCA continues. No thesis required — passive sleeve.