Fich.ai

Crypto Strategy - Low Volatility

Fich.ai — Fri, 14 Aug 2026 07:15:07 GMT

FICH Crypto is a systematic, long-only algorithmic strategy trading exclusively within the top 150 altcoins by market capitalization. Every Friday, our algorithm evaluates relative strength across the universe and automatically rotates capital into the most dominant digital assets — maximizing exposure to structural crypto trends while completely removing human bias.

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $110,396

1. Market overview

Crypto markets stayed relatively stable: Bitcoin traded around $63,000–$65,000 and settled near $64,000; Ethereum ranged roughly $1,880–$1,930. Total market cap held near $2.3 trillion, with steady institutional inflows into Bitcoin and Ethereum ETFs (over $760 million into Bitcoin products over the last seven days).

U.S. regulatory timelines slipped: the Senate delayed a vote on the Digital Asset Market Structure Clarity Act until after the August recess (now aiming for mid-September). The SEC also deferred its planned “innovation exemption” for tokenization and canceled a meeting to propose broader Reg Crypto rules due to concerns from Wall Street and the White House.

Stablecoin transparency advanced: Tether reported completing a full financial audit by KPMG for its roughly $180 billion USDT stablecoin, receiving an unqualified opinion.

Security risks persisted: Trezor disclosed a data breach at a fulfillment partner affecting about 14,000 customers, exposing personal details (names, shipping addresses, emails, phone numbers) tied to recent orders, while device security was not compromised.

Industry activity continued despite cautious sentiment: Metaplanet reaffirmed sizable Bitcoin holdings and introduced BitBonds; blockchain lender Figure reported positive revenue growth; tokenized asset initiatives expanded (including efforts from Binance and MUFG). Some altcoins showed selective strength, including Cardano gains tied to interoperability.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 13 August 2026, Fich investment strategy returned −2.31% in August so far, against +0.96% for Bitcoin and +1.26% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 13 August 2026 the system closed 2 positions and opened 1 new position and held 3 from the previous week, leaving the portfolio at roughly 19.4% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −6.68%. Hit rate: 0/2 (0% winners).

Current portfolio:

New Portfolio update

Chainlink is showing one of the strongest near-term fundamental setups in large-cap crypto, driven by accelerating institutional adoption and new monetization pathways. The headline development is BitGo’s decision to migrate more than $7.7 billion in Wrapped Bitcoin to Chainlink CCIP as its exclusive cross-chain infrastructure following an institutional-grade review, reinforcing Chainlink’s position as critical middleware for secure asset movement. In parallel, the August rollout of paid Data Streams for market makers and algorithmic traders introduces a clearer, recurring revenue channel tied to real-time market data demand.

Additional proof points are stacking up: Circle is integrating Chainlink Proof of Reserve for its new cirBTC product, and on-chain positioning suggests growing conviction, with whale accumulation at a five-month high and large holders nearing 47% of supply. Beyond crypto-native use cases, Chainlink’s push into traditional finance remains a key theme—highlighted by Project Pangea’s collaboration with more than 50 banks across Europe and South Korea (representing roughly $10 trillion in AUM) to enable T+0 FX settlement using stablecoins, alongside integrations and pilots spanning Robinhood Chain, SGX FX, and tokenized securities efforts with major market infrastructure players. Overall, the combination of institutional validation, expanding real-world utility, and improving monetization supports a constructive outlook as sentiment stabilizes and the market watches for a technical break higher from current levels around $8.70.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $110,396 in the strategy, versus $8,819 in spot Bitcoin and $14,425 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Disclosure: All performance metrics account for a 0.10% commission per trade side. Execution is strictly limited to the Top 150 altcoins by market capitalization, rebalanced every Friday. Full historical performance data is available at Fich.ai. This letter is for informational purposes only and does not constitute investment advice.

Crypto Strategy - Real-World Momentum

Fich.ai — Fri, 07 Aug 2026 08:19:55 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $113,695

1. Market overview

The crypto market was relatively stable over the past week: Bitcoin traded around $64,000 and Ethereum near $1,900, both down less than 1% amid subdued volatility and mixed macroeconomic signals. Overall crypto market capitalization stayed near $2 trillion, underperforming gains in traditional equities, while institutional inflows into crypto products appeared to moderate.

BlackRock’s iShares Ethereum Trust (ETHA), the largest spot Ether ETF with over $5 billion in assets, announced a 1-for-3 reverse split effective in October to optimize share pricing and potentially tighten bid-ask spreads. Ethereum-focused ETFs continued to see net inflows despite broader market caution.

Regulatory attention remained high as the U.S. Senate deferred action on the Digital Asset Market Structure Clarity Act until after the summer recess, with a vote now likely in September. The delay added downward pressure on some tokens such as XRP, while advocates continued to push the bill as a path to clearer agency jurisdiction.

Corporate adoption continued: Tether expanded tokenization efforts into Saudi Arabia focused on institutional real estate assets, and traditional finance firms explored broader stablecoin uses for payments and settlement.

Security and governance risks were highlighted by reports of critical vulnerabilities in Bitcoin-related projects identified via AI-assisted audits, and a reported power struggle at Ondo Finance following the founder’s passing, drawing regulatory and investor scrutiny.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 6 August 2026, Fich investment strategy returned +0.61% in August so far, against +2.28% for Bitcoin and +2.23% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 6 August 2026 the system closed 4 positions and opened 3 new positions and held 2 from the previous week, leaving the portfolio at roughly 10.3% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −1.18%. Hit rate: 1/4 (25% winners).

Current portfolio:

New Portfolio update

Across ZEC, TAO, and DOT, the clearest theme is accelerating real-world utility paired with catalysts that could sustain recent momentum.

Zcash (ZEC) is seeing tangible payments adoption in higher-value use cases, with new channels for real-estate transactions, travel bookings, and privacy-focused digital services. That fundamental boost is arriving alongside constructive technical signals, including a daily golden cross, and is now converging with an important governance inflection point: the late-August NU7 vote on proposed protocol and issuance changes. With markets already watching for the next major upgrade later this year, the combination of expanding utility and imminent decision-making could keep ZEC sentiment highly reactive around key resistance levels.

Bittensor (TAO) continues to strengthen its “decentralized AI” investment case as subnets push into monetizable, real-world activity—most notably GPU rental models and incentive-driven creator campaigns—while new treasury and validator mechanisms improve coordination and trustless distribution. On the demand side, broader payment enablement and ongoing institutional positioning via major fund allocations reinforce the narrative that TAO is moving from experimentation toward scalable economic activity, setting the stage for continued volatility and event-driven upside as ecosystem milestones approach.

Polkadot (DOT) is being supported by both market structure and longer-horizon fundamentals. A recent breakout triggered notable short covering and renewed trader interest, while prior reforms have improved the asset’s institutional profile through lower inflation dynamics, staking improvements, and regulated exposure via an ETF. With additional scalability-oriented upgrades slated for the coming quarters, DOT’s setup increasingly reflects a network shifting from “potential” to “implementation,” benefiting from altcoin rotation as investors selectively re-rate assets with clearer roadmaps and improving token mechanics.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $113,695 in the strategy, versus $8,934 in spot Bitcoin and $14,563 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Stocks Strategy - Embrace the Volatility

Fich.ai — Wed, 05 Aug 2026 05:54:46 GMT

FICH Public Equities is a systematic, long-only investment strategy that trades exclusively within the S&P 500 universe. The algorithm evaluates relative strength every month and automatically rotates capital into the most dominant stocks, maximizing exposure to leading macro trends while completely removing human bias.

Fich Public Equities just experienced its highest drawdown since 2012, reaching 35.72% from its portfolio peak. In July, our Stocks Portfolio swung 23%, primarily driven by the sharp sell-off in semiconductor and memory stocks, bringing our year-to-date returns to 100.6%. While many see this as a cause for concern, we trust the math. Our portfolio is positioned exceptionally well for the next leg up. Embrace the opportunity while it lasts.

Annual Returns — Fich Strategy vs SPY

1. Macro Overview

U.S. equities were flat to slightly positive over the past 30 days into early August 2026, but performance dispersion was extreme as semiconductor and memory stocks sharply unwound from AI-driven momentum.

The equal-weighted S&P 500 significantly outperformed the Nasdaq-100 in July (equal-weighted up about 1.1% vs. QQQ down about 6.6%), reflecting rotation away from concentrated mega-cap tech leadership toward broader market participation.

The PHLX Semiconductor Index fell more than 20%, with some memory stocks down 30%+, driving much of the tech weakness.

Treasury yields rose (10-year nearing 4.7%, up roughly 20 bps over the month), signaling shifting capital dynamics.

Q2 earnings generally beat expectations across sectors (notably Information Technology, Energy, and Communication Services), but market reactions were mixed due to concerns about elevated AI-related capex.

Sector rotation favored Financials (+6.2% in July), Energy (+12.1%), Communication Services (+1.0%), Healthcare (+2.5%), Consumer Staples (+2.4%), and Real Estate (+2.4%), while Information Technology declined around 8% amid the chip-stock reversal and momentum unwind.

Fich Monthly Returns (2012 – present)

2. Last month overview: Fich Equities vs the market

In July 2026, Fich Equities strategy returned −23.00% in July, against +0.03% for the S&P 500.

Stepping back to the year-to-date picture:

3. The portfolio at this rebalancing: bought, sold, and held

On August 4, 2026, the system closed 1 position, opened 1 new position and held 10 from the previous months, leaving the portfolio at roughly 3.08% cash.

The algorithm systematically closes underperforming stocks while holding positions with strong momentum.

Closed trades, return on each closed position:

New position:

In August 2026, Fich Stocks Strategy allocated 3.99% of its portfolio into Dell Technologies DELL at $429 per share.

Current portfolio:

Portfolio update

STX (Seagate Technology) - Weight 20.84%. Seagate reported strong fiscal Q4 2026 results with revenue of $3.63 billion, GAAP gross margin of 52.3% (non-GAAP 52.7%), GAAP diluted EPS of $5.58, and non-GAAP EPS of $5.71. For the full fiscal year, revenue reached $12.2 billion (up 34% year-over-year), with GAAP gross margin of 45.6%, non-GAAP EPS of $15.58, record free cash flow of $3.1 billion, debt reduction of $1.4 billion, and $810 million returned to shareholders. The company highlighted robust cloud data center demand driven by AI-accelerated data generation, positioning its Mozaic platform and HAMR technology for sustained mass-capacity storage growth. Q1 2027 guidance calls for revenue of approximately $4.1 billion and non-GAAP EPS of $7.30. The stock has shown significant gains amid ongoing AI infrastructure momentum, with participation at FMS 2026 underscoring its leadership in high-capacity drives.

WDC (Western Digital) - Weight 18.64%. Western Digital is scheduled to report fiscal Q4 and full-year 2026 results on August 5, 2026, with elevated expectations tied to AI-driven enterprise storage demand. Earlier, fiscal Q2 2026 delivered revenue of $3.02 billion (up 25% year-over-year), GAAP gross margin of 45.7% (non-GAAP 46.1%), and strong free cash flow generation. Management has noted sold-out HDD capacity for 2026 under long-term agreements, supported by continued data center and high-capacity drive adoption in an AI-driven environment. Analysts anticipate robust revenue and earnings growth in the upcoming report, though some caution exists regarding post-spin visibility following the Sandisk separation. The stock has risen substantially year-to-date, reflecting optimism ahead of the print.

MU (Micron Technology) - Weight 14.25%. Micron has delivered record results fueled by AI memory demand, with fiscal Q1 2026 revenue reaching $13.64 billion and strong sequential growth continuing into subsequent quarters. The company has secured strategic customer agreements in the automotive sector and highlighted ongoing supply constraints in high-bandwidth memory, with Samsung noting prolonged shortages. Performance has been driven by execution in data center and AI applications, though the stock has experienced volatility amid broader sector rotations and high valuation expectations. Micron remains a key beneficiary of AI infrastructure buildout, with analysts projecting sustained momentum despite periodic pullbacks.

SNDK (SanDisk) - Weight 8.67%. Following its separation from Western Digital, SanDisk has seen explosive growth tied to AI storage needs, with shares up over 500% in 2026 at peaks before recent volatility. Fiscal Q3 results showed revenue nearly doubling sequentially to approximately $5.95 billion, non-GAAP gross margin expanding to 78.4%, and adjusted EPS surging to $23.41, supported by BiCS8 technology (now a significant portion of bits shipped) and data center revenue growth exceeding 200% in some periods. The company maintains a debt-free balance sheet, strong free cash flow, and a $6 billion buyback authorization, with Q4 guidance pointing to further sequential increases. Q4 earnings are due August 5, with analysts citing robust NAND pricing and AI server storage demand, though the stock has faced sharp corrections amid sector rotations.

TER (Teradyne) - Weight 8.11%. Teradyne reported record Q2 2026 revenue of $1.33 billion (up over 100% year-over-year) and non-GAAP EPS of $2.47, significantly beating estimates, driven primarily by AI-related semiconductor test demand. The company has delivered consecutive quarters of record performance, with strong margins and upbeat guidance for Q3 (revenue $1.2–1.3 billion). Management highlighted AI as the key driver, with analysts raising price targets in response to execution and visibility in test equipment for advanced chips. Robotics and system test segments provide additional diversification, though near-term focus remains on semiconductor test strength amid the AI cycle.

INTC (Intel) - Weight 6.24%. Intel reported Q2 2026 revenue of $16.1 billion (up 25% year-over-year) amid ongoing recovery efforts in its foundry and product businesses. The company continues to advance its AI PC and packaging initiatives, including collaborations for on-device Agentic AI, while facing competitive pressures in AI accelerators. Recent news includes overtime incentives at its Ohio facilities and mixed analyst views on server and foundry outlook. The stock has shown volatility but responded positively to certain product pricing actions and yield improvements. Intel’s turnaround narrative centers on regaining share in data center and foundry amid broader AI infrastructure demand.

LRCX (Lam Research) - Weight 5.79%. Lam Research posted record fiscal Q4 2026 results with revenue of $6.72 billion (up 30% year-over-year), non-GAAP gross margin of 52.0%, operating margin of 38.4%, and EPS of $1.82, exceeding estimates. The company raised guidance for the next period to approximately $8.1 billion in revenue, reflecting robust AI-driven wafer fabrication equipment demand and the highest gross margins in two decades. Systems and customer support revenue grew strongly, with management citing sustained semiconductor spending tied to AI. The stock rallied on the beat-and-raise, reinforcing Lam’s position as a leading indicator for AI infrastructure capital expenditures.

DELL (Dell Technologies) - Weight 3.99%. Dell continued its AI server momentum in 2026, highlighted by Dell Technologies World where it announced the next-generation AI Factory with NVIDIA, reaching 5,000 customers for on-premises AI solutions. The company has built a substantial AI server backlog, supported by earlier workforce optimization (approximately 11,000 positions reduced in fiscal 2026 to fund growth initiatives). Focus remains on enterprise AI infrastructure, data foundations, and partner enablement, with events underscoring leadership in scaled AI deployments and disaggregated inference. Dell is well-positioned in the hybrid AI market, balancing hardware innovation with services.

CIEN (Ciena) - Weight 3.80%. Ciena has benefited from AI-related optical networking capital expenditures, reporting a record backlog and expectations of triple-digit EPS growth in 2026. The company strengthened its leadership in AI networking with expertise showcased at industry events and key executive appointments. Analysts view shares as attractive on cash flow metrics despite premium valuations, with moderate buy consensus. Ciena’s optical infrastructure solutions are increasingly critical for high-speed, low-latency AI data center interconnects, supporting durable demand in the networking layer of AI buildout.

LITE (Lumentum) - Weight 3.59%. Lumentum has experienced dramatic gains, with the stock up over 1,000% in the past year, driven by its strategic partnership with NVIDIA (including a multi-billion-dollar investment and purchase commitments for lasers and optical components). Demand for its photonic and optical solutions in AI infrastructure has propelled strong growth projections, with fiscal Q2 2026 earnings (due August 11) expected to show over 100% revenue growth and nearly 240% EPS increase. The company continues to expand capacity and secure design wins, solidifying its role in high-speed optics for AI networking and data centers. It was added to the S&P 500 amid the rally.

MRVL (Marvell Technology) - Weight 3.00%. Marvell advanced its AI memory infrastructure portfolio in early August 2026 with new Bravera SSD controllers, Structera X CXL memory expansion, and Photonic Fabric for optical shared memory, targeting agentic AI inference challenges such as KV cache growth and token efficiency. The company will showcase these solutions at FMS 2026 and announced a $250 million investment in India. It also scheduled its Q2 FY2027 earnings call and an Investor Day for October. These innovations position Marvell to address rack-scale and pod-level memory needs in AI servers, supporting higher throughput within existing power and space constraints. The stock reacted positively to the AI-focused announcements.

4. Multi-year track record

As of yesterday, that hypothetical $1,000 was worth $77,738.18 in the strategy, versus $7,792.74 in S&P 500.

Fich Equities Strategy vs. SPY - growth of $1,000 since inception (log scale).

Disclaimer: Past performance is not indicative of future results. All strategy performance metrics and stated returns are net of a 0.10% commission fee per trade. This letter is for informational purposes only and does not constitute investment advice. For comprehensive historical data and complete execution logs, visit fich.ai.

Crypto Strategy - Trust the Process

Fich.ai — Fri, 31 Jul 2026 07:41:56 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $115,235

1. Market overview

Crypto markets saw renewed volatility ahead of the Federal Reserve policy decision; Bitcoin traded around $64,000 and ended the week slightly lower, while Ethereum ranged roughly between $1,860 and $1,900 and altcoins were mixed amid subdued volumes and risk-off sentiment.
Spot Bitcoin ETFs logged net outflows for much of the week, with only modest inflows on select days, reflecting continued institutional caution.
U.S. lawmakers delayed consideration of the Digital Asset Market Clarity Act amid unresolved debates (stablecoins, DeFi classifications, bipartisan support); Europe continued MiCA-related supervisory actions; South Korea confirmed capital gains taxation on crypto holdings above certain thresholds starting in 2027.
Institutional adoption continued via tokenized-asset pilots by global banks under the Bank for International Settlements and the launch of low-fee Ethereum and Solana exchange-traded products by traditional asset managers.
Corporate and security developments included Strategy reporting an $8.2B quarterly loss tied to crypto valuation declines, Coinbase shares falling after a revenue miss, and major security incidents including a Bitcoin wallet vulnerability draining hundreds of BTC and industry-wide exploit losses exceeding $1B in the first half of the year.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 30 July 2026, Fich investment strategy returned +7.04% in July so far, against +10.50% for Bitcoin and +22.03% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 30 July 2026 the system closed 1 position and opened 1 new position and held 5 from the previous week, leaving the portfolio at roughly 0.7% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −1.34%. Hit rate: 0/1 (0% winners).

Current portfolio:

New Portfolio update

Ethereum is seeing a notable resurgence in institutional and large-holder demand. U.S. spot Ethereum ETFs posted their strongest inflows in months, with weekly net additions surpassing $100 million and a larger $196 million-plus stretch in mid-July, led by BlackRock’s ETHA and, in several sessions, outpacing comparable Bitcoin fund flows. In parallel, on-chain and exchange data point to renewed whale accumulation and tightening liquid supply, including multi-million-dollar ETH purchases by prominent market participants and sizable withdrawals from Coinbase Prime—signals consistent with investors positioning for a constructive medium-term move.

Fundamentally, Ethereum’s post-upgrade trajectory continues to strengthen the bull case. Staking participation has risen to roughly a third of supply, while scalability improvements have helped push Layer-2 costs to very low levels and support record deposit activity. Attention now turns to the next major protocol milestone, the planned “Glamsterdam” upgrade, expected to target additional Layer-1 scaling, improved parallel execution, and deeper zero-knowledge proof integration. Combined, these drivers reinforce a narrative of improving network economics and usability—supportive of adoption and potentially a recovery rally if risk sentiment remains stable.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $115,235 in the strategy, versus $8,998 in spot Bitcoin and $14,671 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Utility Protocols

Fich.ai — Fri, 24 Jul 2026 06:54:54 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $114,578

1. Market overview

Crypto markets saw moderate volatility: Bitcoin ranged roughly $64,000–$66,800, while Ethereum held up better amid ETF inflows and technical rebounds; altcoins (Solana, XRP, Cardano) showed mixed moves tied to network upgrades and higher activity. Total market cap hovered around $2.2 trillion as cooling inflation data and ongoing ETF flows competed with broader risk-off pressure from equities.

U.S. regulation remained in focus: the Senate advanced the CLARITY Act, which includes an ethics provision restricting federal officials from issuing or sponsoring digital assets; it may face a floor vote soon, with some bipartisan support but Democratic concerns about conflict-of-interest safeguards. The SEC also agreed to resolve a records dispute with Coinbase via a modest settlement.

Institutional and corporate activity increased: Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation, and Galaxy Digital pursued $3.5 billion in debt financing for infrastructure expansion. Tokenization partnerships (including Securitize and Cantor) grew, while stablecoins saw rising enterprise adoption.

Risks and challenges persisted: reports pointed to increasing violent cyber attacks targeting crypto entities and ongoing difficulties for public companies holding digital-asset treasuries during price consolidation.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 23 July 2026, Fich investment strategy returned +6.43% in July so far, against +11.04% for Bitcoin and +19.49% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 23 July 2026 the system closed 3 positions and opened 4 new positions and held 2 from the previous week, leaving the portfolio at roughly 10.9% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +2.38%. Hit rate: 3/3 (100% winners).

Current portfolio:

New Portfolio update

Real-world asset (RWA) tokenization and tokenized equities were the dominant catalysts across several major altcoins, with multiple signals pointing to accelerating institutional adoption. Ondo gained momentum as tokenized stocks moved closer to mainstream market infrastructure, supported by progress around DTCC-led tokenization pilots and expanding regulatory standing via its Oasis Pro Markets subsidiary, reinforcing the investment case for 24/7, fractionalized access to traditional assets. Hedera strengthened its enterprise narrative through high-profile tokenized collateral and cash-flow streaming use cases with traditional finance participants, alongside improved institutional readiness through regulated custody tooling—developments that underscore a shift from pilots toward practical deployments.

In DeFi, Uniswap benefited from renewed value-accrual narratives and usage growth tied to tokenized equities activity, with governance discussions around directing more protocol economics toward UNI burns and product upgrades designed to attract and retain liquidity. Separately, Cardano’s latest hard fork reduced smart contract costs and improved performance, coinciding with a notable rebound in on-chain activity and positioning the network for further scalability milestones, which could support renewed developer and liquidity interest if broader market conditions remain constructive.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $114,578 in the strategy, versus $9,042 in spot Bitcoin and $14,366 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Ethereum Rebound

Fich.ai — Fri, 17 Jul 2026 06:56:21 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $113,534

1. Market overview

Crypto markets modestly recovered: Bitcoin rebounded about 3.5% to around $64,000 after dipping near $58,100, supported by softer-than-expected U.S. inflation data that reduced rate-hike expectations and boosted risk-on sentiment.
Ethereum outperformed, rising over 10% as spot ETF inflows resumed, signaling renewed institutional interest; overall crypto market cap stabilized but geopolitical tensions (including U.S. actions related to Iran) added short-term volatility.
Long-term valuation metrics (notably negative MVRV ratios for Bitcoin and some altcoins) suggested potential undervaluation, while whale accumulation remained subdued and social sentiment stayed neutral.
Regulatory and institutional developments: a joint U.S.-U.K. roadmap aimed to align rules for tokenized assets, stablecoins, and cross-border digital finance; Ethereum ETFs posted consistent net inflows while Bitcoin products had mixed flows with some reversals from prior outflows.
Corporate and product activity included a $53 billion takeover bid for PayPal by Stripe and Advent International, Securitize partnering with Cantor Fitzgerald for tokenized stock offerings, T. Rowe Price launching a multi-token actively managed crypto ETF, Citadel Securities investing in Crypto.com, Tether taking a stake in a Latin American neobank, and Aave V4 launching on Avalanche to support tokenized collateral.
DeFi and infrastructure: Ripple joined the x402 Foundation to integrate its assets into AI-driven payment protocols enabling microtransactions for autonomous agents, alongside broader tokenization pilots and custody improvements linking traditional finance and blockchain.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 16 July 2026, Fich investment strategy returned +5.46% in July so far, against +8.88% for Bitcoin and +18.62% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 16 July 2026 the system closed 5 positions and opened 4 new positions and held 1 from the previous week, leaving the portfolio at roughly 25.3% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +2.72%. Hit rate: 3/5 (60% winners).

Current portfolio:

New Portfolio update

Institutional adoption and on-chain cash-flow narratives strengthened across major crypto infrastructure and DeFi names this week, with multiple catalysts pointing to accelerating real-world usage rather than purely speculative momentum.

Chainlink continued to solidify its role as core “plumbing” for tokenized finance. Its Cross-Chain Interoperability Protocol has now surpassed $21 billion in cumulative transferred volume while supporting more than $62 billion in tokens, alongside sizable recent asset migrations. A growing roster of institutional integrations and data standards adoption reinforces the view that Chainlink is becoming a default interoperability layer for banks, exchanges, and tokenized real-world assets. In derivatives, the launch of a CFTC-regulated LINK perpetual futures product expanded access for U.S. traders, adding a notable market-structure milestone even as price consolidates.

Ethereum saw a clear shift in flows and positioning. Spot ETF inflows resumed after a prolonged outflow streak, led by large allocations into major funds, helping support a strong weekly bounce toward key resistance. High-profile whale buying added to the signal that institutional and sophisticated investors are leaning back into ETH. Separately, the launch of a dedicated nonprofit initiative aimed at coordinating Ethereum’s institutional engagement could reduce fragmentation and accelerate adoption for tokenization, stablecoins, and on-chain finance.

Ethena’s ecosystem momentum increased as significant capital was deployed into yield infrastructure powering a major consumer-facing “Earn” product, lifting early network TVL and rapidly expanding USDe activity on lending markets. Fee reductions and improved mint/redeem rails are lowering friction, supporting adoption growth and reinforcing a constructive near-term setup as participation broadens.

Sky Protocol stood out for fundamentals: revenues and fees reached new highs, enabling an ongoing buyback program that has already retired substantial token supply. Rapid stablecoin supply expansion and large transfers into lending venues signal deeper on-chain capital deployment, strengthening the protocol’s deflationary flywheel and underpinning a more durable support narrative driven by cash flows rather than sentiment alone.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $113,534 in the strategy, versus $8,866 in spot Bitcoin and $14,261 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Stocks Strategy - New Approach to the S&P 500 Universe

Fich.ai — Fri, 10 Jul 2026 17:39:18 GMT

Due to significant inbound institutional interest in our investment models, we have refined our public equities strategy to execute strictly within the S&P 500 universe. This structural adjustment ensures that our portfolio parameters meet the strict liquidity and volume thresholds required for large-scale capital deployment.

Annual Returns — Fich Strategy vs SPY

1. Macro Overview

Over the past 30 days (primarily June 2026), major U.S. equity indices showed mixed performance amid a broadening of market leadership: the S&P 500 fell about 1%, the Nasdaq fell around 2.8%, while the Dow Jones rose roughly 2.7% and the Russell 2000 advanced about 3.7–4.2%.

The market rotated away from mega-cap growth and technology concentration (including pressure on the Magnificent 7 and hyperscalers) toward cyclical, value, and small-cap segments, with more stocks declining than advancing over the month.

Sector performance showed strong outperformance in Industrials (+7.3%) and Health Care (+6.6%), with additional gains in Financials and Utilities; Energy (-5%), Communication Services (-7.2%), and parts of Consumer Discretionary weakened.

U.S. Treasury yields rose modestly at the front end with the 10-year around 4.5–4.6%; global government bonds posted small gains, while commodities (including oil) fell sharply.

Algorithmic positioning favored Industrials, Health Care, Financials, and value-oriented small, while reducing exposure to concentrated growth areas, particularly large-cap Technology and Communication Services, amid divergence within the AI trade (semiconductors relatively resilient in spots but hyperscalers under pressure).

Overall, the environment reflects a transition from narrow leadership to more distributed capital allocation, with exposure tilted toward sustained momentum and away from areas with decaying relative strength.

Fich Monthly Returns (2012 – present)

2. Last month overview: Fich Equities vs the market

In June 2026, Fich Equities strategy returned +15.27% in June, against −1.03% for the S&P 500.

Stepping back to the year-to-date picture:

3. The portfolio at this rebalancing: bought, sold, and held

On 10 July, the system held 11 from the previous months, leaving the portfolio at roughly 1.14% cash.

The algorithm systematically closes underperforming stocks while holding positions with strong momentum.

Current portfolio:

Portfolio update

STX (Seagate Technology) - Weight 19.7%. Seagate has delivered exceptional performance amid surging AI-driven demand for data storage, with its stock rising over 500% in the past year and recently trading near $860–$915. Fiscal Q3 2026 results showed revenue of $3.11 billion (up 44% YoY), non-GAAP EPS of $4.10 (beating estimates of $3.50), and gross margins expanding to 47%. The company highlighted strong free cash flow of $953 million and reiterated robust guidance, while announcing exchanges and redemption of exchangeable notes in May–June 2026. Multiple analyst upgrades, including Buy initiations from Melius Research and significant price target increases (to $1,300 from Cantor Fitzgerald and $1,150 from BofA), reflect optimism around HAMR technology and tighter HDD supply. Leadership changes included the retirement of long-serving independent director Michael R. Cannon.

WDC (Western Digital) - Weight 17.84%. Western Digital has capitalized on the AI storage boom, with its stock more than tripling in 2026 and recently trading in the $550–$600 range following strong momentum. Fiscal Q2 2026 revenue reached $3.02 billion (up 25% YoY), with non-GAAP gross margin of 46.1% and upbeat Q3 guidance at the midpoint of $3.2 billion revenue. The company reported 2026 HDD capacity fully sold out and showcased AI-optimized solutions at Computex 2026, including high-capacity Ultrastar HDDs and tiered storage architectures. It was added to the 2026 S&P Dow Jones Best in Class Index for sustainable AI infrastructure. Multiple bullish analyst actions, including Buy initiations from Melius Research and price target hikes (to $900 from Cantor and $730+ from Wells Fargo/BofA), underscore expectations for continued growth in data center and AI applications.

MU (Micron Technology) - Weight 15.17%. Micron reported record fiscal Q3 2026 results with revenue of $41.46 billion, more than quadrupling from the prior-year period, fueled by soaring AI memory demand and higher pricing. The company executed transformational strategic customer agreements, accelerated U.S. investments (including pouring first concrete at its New York fab), and announced up to $3 billion in strategic investments plus agreements with Ford and General Motors for long-term supply. A $250 billion investment plan was highlighted to address AI chip demand. Shares have shown extreme volatility but remain up dramatically on the year, with analysts viewing Micron as a core beneficiary of the memory supercycle despite periodic pullbacks tied to sector rotation.

SNDK (SanDisk) - Weight 10.32%. SanDisk has experienced substantial gains driven by AI memory and NAND demand, with shares recently trading above $1,800 after notable volatility. Fiscal Q1 2026 revenue was $2.31 billion (up 21% sequentially), supported by strong datacenter growth and BiCS8 technology ramping to majority of bit production by year-end. The company is qualifying with multiple hyperscalers, with engagements across five major customers. Analysts remain largely bullish ahead of its August 2026 earnings, citing expected revenue growth, NAND pricing gains, and a “very strong quarter,” though shares have faced pressure from broader memory sector selloffs and competition. Goldman Sachs and others have raised targets significantly, positioning SanDisk as a key AI play.

INTC (Intel) - Weight 7.26%. Intel is advancing its multi-year turnaround with a $200 billion plan gaining traction, focusing on foundry leadership and AI innovations. Recent highlights include the debut of Intel 18A in data centers with Xeon 6+ processors, new Arc G3 handheld gaming chips, and AI solutions showcased at Computex 2026. Leadership appointments at Intel Foundry aim to accelerate development, while process milestones were detailed at the VLSI Symposium. Q1 2026 revenue rose modestly to $13.6 billion, with Q2 guidance in the $13.8–$14.8 billion range. The stock has shown resilience amid market rotations but faces pressure from elevated AI spending expectations and competition; analysts are mixed, with some highlighting the foundry story as “too good to ignore.” Earnings are scheduled for July 23, 2026.

TER (Teradyne) - Weight 7.23%. Teradyne reported record Q1 2026 revenue of $1.282 billion (up 87% YoY), driven by $1.111 billion in Semiconductor Test, with GAAP EPS of $2.53 and non-GAAP EPS of $2.56 both exceeding guidance. The company introduced an integrated test solution for AI and data center devices in collaboration with Tokyo Electron in June 2026 and was named a 2026 VETS Indexes Recognized Employer. Strong demand for AI compute is expected to accelerate in H2 2025 into 2026. Analysts have raised price targets aggressively (to $550 from Susquehanna and Cantor Fitzgerald), reflecting bullish sentiment on semiconductor test growth amid the AI cycle. Q2 guidance was raised, supporting an 81%+ YTD stock gain.

LRCX (Lam Research) - Weight 6.24%. Lam Research continues to benefit from semiconductor equipment demand tied to AI, with its June-quarter earnings call scheduled for July 29, 2026. The company established a Panel-Level Packaging Center of Excellence in Salzburg, Austria, in May 2026 and declared a quarterly dividend of $0.26 per share. Recent analyst actions include price target increases (to $404 from Morgan Stanley), though the stock has faced volatility from China export rules and sector pullbacks. Management is focused on innovation in wafer fabrication equipment to support advanced nodes and AI infrastructure, positioning Lam for sustained growth as memory and logic spending expands.

TPR (Tapestry) - Weight 5.04%. Tapestry, parent of Coach and kate spade, reported strong fiscal Q3 2026 results with revenue of $1.9 billion (up 21%, or 25% pro forma), double-digit growth in operating profit and EPS, and raised full-year guidance. Coach drove 31% revenue growth in the quarter. The company was awarded a U.S. patent for its proprietary AI platform Mira in May 2026, which integrates data for rapid decision-making in assortment, inventory, and trend response. Additional highlights include the appointment of Matt Madrigal to the board in April 2026 and the launch of AndCoach to engage Gen Z consumers. Tapestry returned $1.3 billion to shareholders and improved inventory turnover, demonstrating disciplined execution in a competitive luxury market.

CIEN (Ciena) - Weight 3.8%. Ciena has delivered exceptional returns, with its stock surging approximately 460% over the past year on the back of a $7.7 billion order backlog and robust hyperscale demand for AI-ready optical networking. Fiscal Q2 2026 results modestly beat estimates but guidance slightly disappointed some investors, leading to post-earnings volatility; full-year revenue guidance was raised to $6.3 billion (±$100 million). The company is scaling its data center connectivity portfolio, introduced Blue Planet Configuration and Change Management, and highlighted AI-driven 5G network slicing for long-term growth. Leadership updates include new appointments for Chief Supply Chain Officer and Chief Product/Technology Officer. While valuation concerns exist, the AI networking tailwinds remain a primary driver.

MRVL (Marvell Technology) - Weight 3.28%. Marvell has raised its revenue outlook on strong AI infrastructure demand, with shares surging over 16% on the update and trading at elevated levels. At Computex 2026, Chairman and CEO Matt Murphy keynoted on AI scaling and connectivity. The company announced the industry’s first 102.4 Tbps switch for AI/cloud data centers in June 2026, declared its quarterly dividend, and is undergoing a CFO transition. Recent shipments of 5 million tower PICs for AI data center optics underscore momentum in photonics and custom ASICs. Analysts are optimistic about new growth engines in data center, though comparisons to peers like Broadcom highlight valuation considerations.

LITE (Lumentum Holdings) - Weight 3.00%. Lumentum has been a standout AI optics beneficiary, with its stock skyrocketing approximately 700–730% over the past year and recently trading near $770–$800 (market cap ~$60 billion). The company is expanding co-packaged optics as a potential next growth driver and continues to lead in AI-related optical components alongside peers. It joined the Nasdaq-100 Index, reduced convertible debt via share exchange, and saw its Chair and CEO participate in the Rome Conference on AI, Ethics, and Governance in June 2026. Analysts have raised targets (to $1,200 from Northland) and view pullbacks as buying opportunities, citing its critical role in solving AI data center bottlenecks despite high valuations (trailing PE ~136, EPS $5.66). Fiscal Q3 2026 results are expected in mid-August.

4. Multi-year track record

As of yesterday, that hypothetical $1,000 was worth $82,793.53 in the strategy, versus $7,594.98 in S&P 500.

Fich Equities Strategy vs. SPY - growth of $1,000 since inception (log scale).

Crypto Strategy - Summer Rally?

Fich.ai — Fri, 10 Jul 2026 07:40:36 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $113,480

1. Market overview

The crypto market remained resilient despite geopolitical tensions, with Bitcoin trading around $62,000 to $64,000 and posting about 2% weekly gains, supported by intermittent positive ETF flows and technical support near its 200-week moving average. Ethereum traded near $1,770 with roughly 1% to 2% gains, helped by a multi-day streak of net inflows into spot Ether ETFs. Altcoins like XRP and Solana edged higher, while memecoins regained momentum amid increased on-chain activity on new layer-2 networks.

Regulatory focus intensified as the CLARITY Act missed its July target, shifting attention to an August 7 Senate deadline. The SEC’s 2026 regulatory agenda signaled planned updates for rules covering crypto exchanges and broker-dealers. Europe’s MiCA implementation tested compliance and user migration, and Brazil introduced new offshore crypto taxation and reporting requirements. Ongoing fragmentation persisted, including restrictions on prediction markets and the rejection of a proposed Bitcoin-backed bond in New Hampshire.

Institutional and technology developments included Robinhood launching a dedicated layer-2 blockchain that drove significant on-chain trading volume and boosted select memecoins. Traditional finance infrastructure advanced with Swift rolling out a blockchain-based ledger for tokenized assets involving major banks, and more than $7 billion in value moved to improved cross-chain protocols. Notable challenges included concerns about corporate Bitcoin treasury strategies amid reported sales, a Cardano wallet incident exposing governance vulnerabilities, and continued net outflows from Bitcoin ETFs over recent weeks despite occasional inflow days.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 9 July 2026, Fich investment strategy returned +5.41% in July so far, against +7.86% for Bitcoin and +11.01% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 9 July 2026 the system closed 3 positions and opened 4 new positions and held 2 from the previous week, leaving the portfolio at roughly 9.2% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +0.17%. Hit rate: 1/3 (33% winners).

Current portfolio:

New Portfolio update

DeFi and payments narratives strengthened across several major protocols this week, led by concrete adoption catalysts, token-economics tightening, and near-term upgrade catalysts.

Uniswap (UNI) gained momentum after becoming the native AMM on Robinhood Chain, quickly processing over $250 million in first-week volume as the network’s liquidity expanded. The integration broadens access to tokenized equities and other real-world assets via Ondo-linked listings, supporting deeper on-chain liquidity and institutional attention. Governance is also in focus, with UNI holders voting on extending fee-burn mechanics to v4 pools across multiple chains—building on an already meaningfully reduced circulating supply and reinforcing a deflationary setup.

Polygon (POL) continued to consolidate its role as a payments-focused settlement layer. PayPal’s announcement of native PYUSD issuance on Polygon (via Paxos) strengthens regulated stablecoin utility for cross-border movement and merchant workflows, while Mastercard’s stablecoin settlement efforts on Polygon underscore enterprise-grade throughput and always-on processing. Network activity remains robust, with stablecoin volume leadership and high transaction counts supporting the adoption thesis, alongside a burn dynamic that is increasingly positioning POL’s supply as net deflationary.

Zcash (ZEC) saw sentiment improve on two fronts: regulatory overhang eased after the SEC closed its investigation into the Zcash Foundation without enforcement action, and institutional optionality remains elevated with an active spot ETF application in the market. Technically and fundamentally, attention now shifts to the Ironwood mainnet activation slated for late July, which introduces a formally verified shielded pool and supply-verification improvements—an important catalyst after prior emergency fixes, and a potential volatility driver into the upgrade window.

JustLend (JST) benefited from a combination of protocol upgrades and incentive-driven liquidity. Recent governance and contract updates aim to improve scalability, capital efficiency, and risk controls, while exchange-backed promotional rewards on TRON are drawing fresh deposits. Higher activity feeds into JST buyback-and-burn dynamics, reinforcing a constructive near-term backdrop as TRON ecosystem usage remains elevated.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $113,480 in the strategy, versus $8,783 in spot Bitcoin and $13,346 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Fasten the Seatbelts

Fich.ai — Fri, 03 Jul 2026 09:11:45 GMT

Before diving into this week's crypto update, we have a brief request: if you find value in our insights, please share our newsletter within your professional network.

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $113,275

1. Market overview

Crypto markets consolidated with a modest recovery: Bitcoin traded around $61,000 after testing near $58,000, while total market capitalization fell by more than $120 billion at points.
U.S. spot Bitcoin ETFs saw record June outflows exceeding $4 billion (worst month on record), weighing on major assets amid shifting institutional sentiment and macro headwinds.
Ethereum and Solana rebounded late in the week: Ether rose nearly 10% and Solana gained close to 19%, supported by short covering and easing pressure in tech markets.
Regulatory updates: the EU’s Markets in Crypto-Assets regulation reached its final implementation phase, with July 1 ending transitional periods for service providers; the U.S. SEC continued clarifications on activities like staking and tokenized securities and elevated digital assets as a regulatory priority through 2030.
Corporate and political developments: President Trump’s disclosure reported over $1.4 billion in 2025 income from crypto-related ventures; Strategy (formerly MicroStrategy) announced a $2 billion stock buyback and a new digital credit capital framework; tokenization efforts expanded real-world asset integrations on networks such as Solana and Avalanche.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 2 July 2026, Fich investment strategy returned +5.22% in July so far, against +5.01% for Bitcoin and +8.18% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 2 July 2026 the system closed 5 positions and opened 2 new positions and held 3 from the previous week, leaving the portfolio at roughly 41.9% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +1.97%. Hit rate: 2/5 (40% winners).

Current portfolio:

New Portfolio update

Bitcoin Cash and Solana both showed renewed strength as traders rotated into higher-beta, utility-driven crypto assets, supported by improving market liquidity and constructive technical setups.

Bitcoin Cash extended a strong monthly run, helped by growing confidence in its development roadmap after the Layla hard fork added more advanced smart contract functionality. With price action holding key support near the low-$200s and derivatives positioning leaning bullish, sentiment remains constructive as traders look for continuation if broader crypto conditions stay stable.

Solana outperformed after breaking a major resistance area near $80, underpinned by expanding real-world asset tokenization on the network, rising stablecoin liquidity, and a new on-chain governance framework that strengthens decentralization and stakeholder alignment. Continued institutional interest via spot ETF inflows, alongside short positioning that could amplify upside on a move through the low-$80s, keeps near-term momentum positive as the ecosystem heads toward additional network upgrades and sustained on-chain activity.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $113,275 in the strategy, versus $8,551 in spot Bitcoin and $13,006 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Deploying More Capital

Fich.ai — Fri, 26 Jun 2026 08:21:09 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $107,101

1. Market overview

Crypto markets saw sharp volatility, with Bitcoin trading around $58,000–$61,000 amid bearish sentiment, elevated ETF outflows, and cautious institutional positioning.
Ethereum and several altcoins faced continued downward pressure tied to broader risk aversion and macroeconomic uncertainty, while total market capitalization hovered near $2.2 trillion.
Despite price weakness, Bitcoin on-chain activity remained resilient, and derivatives markets showed crowded short positioning that briefly supported relief bounces.
Invesco filed for a tokenized fund targeting the stablecoin reserve sector, following its acquisition of tokenized money market fund manager Superstate.
Kraken held talks to acquire a significant stake in DeFi protocol Aave, reflecting continued interest in DeFi infrastructure despite sector challenges and ongoing regulatory scrutiny (including stablecoin customer identification proposals).
The Ethereum Foundation made notable budget realignments within the ecosystem.
Coinbase’s Base layer-2 network experienced a temporary outage that disrupted transaction processing before recovering.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 25 June 2026, Fich investment strategy returned −22.74% in June so far, against −18.84% for Bitcoin and −21.88% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 25 June 2026 the system opened 3 new positions and held 5 from the previous week, with no closes, leaving the portfolio at roughly 6.8% cash.

Current portfolio:

New Portfolio update

Jupiter (JUP) led Solana-linked momentum, supported by tangible supply-and-revenue catalysts. Over the past 90 days the protocol executed more than $5.7 million in JUP buybacks, while weekly revenue distributions have been running around $580,000—placing Jupiter among the top on-chain applications by revenue. A community-approved pause in token emissions further reduces near-term sell pressure, and the continued rollout of new products (including JupUSD integration and additional trading primitives) has helped JUP outperform the broader market with strong recent gains.

Algorand (ALGO) saw a credibility boost from regulation and a longer-dated security narrative. Its inclusion on Japan’s JVCEA Green List is a meaningful gating event that can accelerate compliant exchange listings in a highly regulated market and has already coincided with a sharp weekly move higher. In parallel, the Foundation published a roadmap targeting network-wide quantum resilience by 2027, with initial post-quantum account and tooling milestones slated for 2026—positioning Algorand as proactive on next-generation security while it continues to court institutional and real-world asset activity.

Quant (QNT) strengthened its institutional thesis with both product delivery and enterprise alignment. The launch of Fusion Rollup on mainnet—a multi-ledger rollup designed to connect multiple networks—adds a concrete interoperability milestone, while ongoing bank-facing initiatives in the UK around tokenized deposits and settlement infrastructure keep Quant close to regulated “programmable money” use cases. Technically, QNT has shown signs of a higher-conviction move with an above-average breakout and improving relative strength, reinforcing the view that enterprise-driven catalysts could remain a key tailwind into the second half of 2026.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $107,101 in the strategy, versus $8,306 in spot Bitcoin and $11,990 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - DeFi Rotation

Fich.ai — Fri, 19 Jun 2026 14:28:22 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $109,111

1. Market overview

The crypto market stabilized modestly amid macroeconomic pressures and cautious sentiment; Bitcoin traded around $62,000–$65,000 and Ethereum hovered near $1,700, with total market cap near $2.3 trillion and Bitcoin dominance above 55 percent.
Spot Bitcoin and Ethereum ETFs had mixed flows, including weekly net outflows earlier in the period, suggesting profit-taking and rotation, while institutional holdings remain a substantial portion of Bitcoin supply.
Institutional and regulatory developments continued, with markets watching U.S. Federal Reserve signals; tokenized finance advanced through initiatives in real-world asset securitization, tokenized deposit networks, and on-chain settlement.
DeFi and select altcoins showed pockets of momentum; real-world asset tokenization gained traction via fund launches on high-performance chains, while some DeFi and prediction market platforms drew regulatory and market attention.
Despite liquidations and macro headwinds, crypto infrastructure (custody, stablecoins, institutional-grade products) showed resilience and growing legitimacy as a strategic asset class.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 18 June 2026, Fich investment strategy returned −21.29% in June so far, against −14.55% for Bitcoin and −14.74% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 18 June 2026 the system opened 4 new positions and held 1 from the previous week, with no closes, leaving the portfolio at roughly 40.3% cash.

Current portfolio:

New Portfolio update

DeFi markets saw renewed momentum across major tokens as institutional interest, product expansion, and incentives converged around Uniswap (UNI), Aave (AAVE), Morpho (MORPHO), and WLFI.

Uniswap drew strong bullish attention after Standard Chartered initiated coverage with a $100 price target by 2030, catalyzing a sharp price move and a surge in trading activity alongside a spike in whale participation and on-chain usage. The narrative is increasingly centered on Uniswap’s ability to capture growth from tokenized real-world assets and forthcoming v4 enhancements, with broader discussion also focusing on fee and supply mechanics that could strengthen value accrual as protocol volumes expand.

Aave continued to benefit from an “undervalued” positioning narrative in institutional research, supported by expectations for meaningful protocol earnings and a pipeline of product and collateral expansions. Market focus remains on the V4 architecture’s risk isolation and capital efficiency, alongside efforts to grow institutional-facing RWAs and improve distribution through a consumer app strategy—signals that Aave is pushing simultaneously for stronger fundamentals and wider adoption.

Morpho reinforced its institutional credibility with a major $175 million funding round at a $2 billion valuation led by top-tier investors. Near-term attention is on the planned launch of a confidential USDC yield vault, a product designed to make on-chain yield more palatable for larger allocators by adding privacy features, potentially accelerating inflows on top of an already sizable deposit base.

WLFI’s momentum has been driven primarily by ecosystem growth around its USD1 stablecoin, which has climbed into the top tier by market capitalization, alongside aggressive rewards programs that incentivize holding, staking, and liquidity provision. In parallel, reports pointing to progress toward a national trust bank charter have elevated the regulatory upside narrative, which—if realized—could materially expand institutional operating capabilities and adoption pathways.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $109,111 in the strategy, versus $8,745 in spot Bitcoin and $13,086 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Cash is King

Fich.ai — Fri, 12 Jun 2026 12:00:26 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $109,000

1. Market overview

Crypto markets were volatile: Bitcoin rebounded from intraday lows near $59,000 to trade around $63,000–$64,000 by mid-June, while Ethereum and other major assets faced downward pressure amid macroeconomic headwinds (elevated inflation and shifting expectations for Federal Reserve policy).
Record outflows from U.S. spot Bitcoin ETFs, totaling billions over recent weeks and including more than a dozen consecutive redemption sessions earlier in the period, weighed on sentiment, though flows showed tentative signs of stabilizing toward week’s end.
Geopolitical developments tied to U.S.-Iran tensions contributed to risk-off conditions before de-escalation signals supported a modest rebound in asset prices.
Coinbase launched “Coinbase for Agents,” enabling AI systems (e.g., ChatGPT and Claude) to connect to user accounts for autonomous trading, data access, payments, and purchases within predefined limits.
U.S. lawmakers introduced bipartisan legislation to create a Federal Cryptocurrency Theft Task Force led by the Attorney General to improve coordination against crypto theft, fraud, and cybercrime.
Markets will continue to watch upcoming Federal Reserve decisions and legislative progress, alongside ongoing institutional activity and security-focused initiatives.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 11 June 2026, Fich investment strategy returned −21.37% in June so far, against −13.64% for Bitcoin and −16.62% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 11 June 2026 the system closed 5 positions and opened no new positions, holding 1 position from the previous week, leaving the portfolio at roughly 86.5% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −14.59%. Hit rate: 0/5 (0% winners).

Today, we are letting patience be our most active position, preserving 86.46% of our portfolio in cash.

Current portfolio:

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $109,000 in the strategy, versus $8,838 in spot Bitcoin and $12,798 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - Outperforming the Mess

Fich.ai — Fri, 05 Jun 2026 08:23:13 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $120,146

1. Market overview

The crypto market saw heavy volatility: Bitcoin fell from above $73,000 to around $62,000 amid Middle East geopolitical tensions, rising oil prices, and a broader selloff in AI-related equities; Ethereum traded near $1,700 and underperformed Bitcoin, while total crypto market capitalization contracted.
Spot Bitcoin ETFs recorded continued outflows exceeding $1.4 billion; analysts noted short-heavy positioning that could support a technical rebound. MicroStrategy sold 32 BTC, a shift from its long-standing accumulation approach.
Regulatory momentum improved sentiment: the Digital Asset Market Clarity Act advanced in the Senate amid debates over bad actors and SEC vs. CFTC jurisdiction; Coinbase received CFTC approval to offer global crypto perpetual futures.
Industry-specific developments included a long-undetected Zcash bug that could have enabled supply inflation (triggering a sharp price drop before partial recovery), growth in a peptide trading ecosystem using crypto payments, and the unlocking/spending of a rare 2011 physical Bitcoin holding 25 BTC during the downturn.

Fich Monthly returns %

2. This week overview: Fich Crypto vs the market

June has opened with a broad-based pullback across crypto, and the strategy has not been spared. The relative picture, however, is more constructive than the headline week suggests: while our strategy is tracking roughly in line with Bitcoin and Ethereum month-to-date, the year-to-date gap remains meaningful and is the figure subscribers should focus on.

Through 4 June 2026, Fich investment strategy returned −13.33% in June so far, against −13.29% for Bitcoin and −11.77% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 4 June 2026 the system closed 4 positions, opened 3 new positions, and held 3 from the previous week, leaving the portfolio at roughly 25.0% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −12.17%. Hit rate: 0/4 (0% winners).

Roughly a quarter of the portfolio is in cash this week. That is a direct consequence of the rotation: when the universe-wide momentum signal weakens, fewer names clear the screen and capital sits on the sidelines rather than being forced into deteriorating trends.

Current portfolio:

New Portfolio update

Across key crypto infrastructure names, the dominant theme is accelerating real-world usage paired with supply-tightening mechanics that can amplify price sensitivity.

Render (RENDER) is benefiting from a tangible capacity and demand catalyst: the RNP-023 rollout integrating Salad Network’s large consumer-GPU base as an exclusive subnet. Early 2026 processing activity has been strong, with rising daily active addresses and a faster token burn rate as RENDER remains required for payments and rewards. The market is treating this as a “real utilization” inflection, with AI-infrastructure tokens showing relative strength and RENDER holding key technical support as buyers step in on dips.

Polygon (POL) continues to gain credibility as a stablecoin payments rail. Institutional adoption signals strengthened with expanded settlement availability via major partners and increasing integration-driven volume. Stablecoin supply growth has recently accelerated, and ongoing network and payments-focused initiatives reinforce the narrative of Polygon positioning for enterprise and cross-border payment flows—an on-chain activity tailwind that can translate into renewed investor attention.

Aster (ASTER) stands out on the trading-venue side, driven by a mix of sentiment and improved tokenomics. High-profile commentary has boosted visibility alongside rising perp-DEX activity, while a shift to staking-only distribution cut emissions dramatically, reducing structural sell pressure. Expanded perpetuals offerings and fee-linked buybacks add to the “tighter supply + higher throughput” setup, increasing the potential for sharp moves when volume returns.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $120,146 in the strategy, versus $8,873 in spot Bitcoin and $13,542 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Stocks Strategy - AI World

Fich.ai — Wed, 03 Jun 2026 08:57:33 GMT

FICH Public Equities is a systematic, long-only investment strategy that trades exclusively within the S&P 500 universe. The algorithm evaluates relative strength every month and automatically rotates capital into the 10 most dominant stocks, maximizing exposure to leading macro trends while completely removing human bias.

Annual Returns - Fich Strategy vs SPY

1. Macro Overview

U.S. equities extended strong gains into early June 2026: S&P 500 rose about 5.7% over the past month, Nasdaq led with tech-driven momentum near record highs, and the Dow posted more modest advances.

Market leadership remained highly concentrated in technology, especially semiconductors and AI infrastructure, which rose roughly 16–17%, while most other S&P 500 sectors were flat to down.

The 10-year Treasury yield stayed elevated around 4.4%, reflecting steady rate expectations amid geopolitical oil-price volatility; energy stocks were pressured as crude moderated from earlier spikes following ceasefire and supply developments.

Fich Monthly Returns (2012 – present)

2. The Portfolio: Current Holdings (June 2026)

The dominant theme across our technology pillars is a structural, multi-year hardware upcycle driven by the simultaneous acceleration of AI adoption, exponential data creation, and the urgent modernization of cloud and telecommunications infrastructure. Capital is being pulled toward the foundational layers of the digital economy—advanced semiconductor manufacturing, high-bandwidth memory, optical networking, and enterprise data storage—as hyperscalers and network operators race to build AI training and inference capacity that demands unprecedented compute density, ultra-low latency interconnects, and massively scalable, reliable storage. In this environment, the key signal is not incremental software innovation but the expanding physical requirements of AI and cloud workloads, which elevate the strategic importance of the “picks-and-shovels” suppliers that provide silicon, memory bandwidth, optical transport, and storage architecture. We view these components as indispensable infrastructure for the modern cloud and global data transport, positioning the portfolio for continued demand as the industry invests in the materials, fabrication, and server-grade systems that enable the next wave of software breakthroughs.

Portfolio Breakdown

STX (Seagate Technology Holdings plc) — Weight: 13.90% delivered fiscal Q3 2026 revenue of $3.11 billion with non-GAAP gross margin of 47.0% and non-GAAP diluted EPS of $4.10, exceeding forecasts on robust demand for mass-capacity storage in AI and cloud environments. Operating cash flow was $1.1 billion, supporting $641 million in debt retirement and shareholder returns. The results highlight Seagate’s successful positioning in enterprise and data center HDD solutions amid the ongoing AI infrastructure expansion.

CIEN (Ciena Corporation) — Weight: 13.85% posted strong fiscal Q1 2026 results with revenue of $1.43 billion, up 33.1% year-over-year, supported by accelerated AI-driven demand for optical networking, WaveLogic 5 and 6 Extreme platforms in subsea and data center interconnects. Adjusted EPS of $1.35 beat estimates, with notable wins in cloud and subsea projects contributing to significant share price appreciation. Analysts have responded with substantial price target increases reflecting confidence in continued optical networking expansion tied to AI infrastructure buildout; fiscal Q2 2026 results are scheduled for release on June 4, 2026.

WDC (Western Digital Corporation) — Weight: 13.10% reported robust fiscal Q3 2026 results with revenue of $3.34 billion, up 45% year-over-year, driven by AI-driven demand for high-capacity storage solutions. GAAP gross margin reached 50.2% (non-GAAP 50.5%), with non-GAAP diluted EPS of $2.72, exceeding consensus. The company highlighted multi-year agreements extending into 2028–2029, launched industry-first post-quantum cryptography hard drives for AI data security, appointed an AI-focused executive to its board, and guided for approximately 40% year-over-year revenue growth in fiscal Q4, reflecting sustained momentum in cloud and enterprise storage.

COHR (Coherent Corp.) — Weight: 11.73% reported fiscal Q3 2026 revenue of $1.81 billion, up 21% year-over-year (27% pro forma), with continued strength in lasers and photonics for industrial, communications, and AI-related applications. GAAP gross margin improved to 37.7% and non-GAAP EPS reached $1.41, beating expectations. The company provided Q4 guidance of $1.91–$2.05 billion in revenue and non-GAAP EPS of $1.52–$1.72, reflecting solid execution amid broader optoelectronics tailwinds.

GLW (Corning Incorporated) — Weight: 10.65% announced strong Q1 2026 results with core sales of $4.35 billion (up 18% year-over-year) and core EPS of $0.70 (up 30%), propelled by robust Gen AI product demand and the ramp of new solar offerings. GAAP sales were $4.14 billion. While Q2 guidance incorporates a planned maintenance shutdown, the underlying momentum in optical communications, specialty materials, and AI-related glass applications remains positive, reinforcing Corning’s diversified growth profile.

LITE (Lumentum Holdings Inc.) — Weight: 9.04% delivered exceptional fiscal Q3 2026 results ended March 28, 2026, with net revenue reaching $808.4 million, representing 90.1% year-over-year growth and 21.5% sequential increase, fueled by surging demand for optical components in AI infrastructure and data centers. GAAP gross margin stood at 44.2% with non-GAAP at 47.9%, while non-GAAP operating margin expanded to 32.2% and non-GAAP diluted EPS hit $2.37, beating estimates. The company joined the Nasdaq-100 Index, saw multiple analyst price target upgrades (often exceeding $1,000), and provided strong Q4 guidance of $960 million–$1.01 billion in revenue with non-GAAP EPS of $2.85–$3.05, underscoring its pivotal role in photonics for AI networking.

INTC (Intel Corporation) — Weight: 8.20% reported Q1 2026 revenue of $13.6 billion, up 7% year-over-year, with non-GAAP EPS of $0.29. While facing ongoing competitive pressures in foundry and client segments, the company is advancing its process technology roadmap and benefiting from broader AI ecosystem tailwinds, with shares showing substantial year-to-date appreciation. Guidance for Q2 2026 projects revenue of $13.8–$14.8 billion, as management continues restructuring and strategic initiatives to restore competitiveness in semiconductors and AI acceleration.

SNDK (SanDisk Corporation) — Weight: 7.62% achieved record fiscal Q3 2026 performance with revenue of $5.95 billion and non-GAAP diluted EPS of $23.41, significantly surpassing estimates amid explosive AI memory demand. The data center segment grew 233% sequentially, gross margins expanded dramatically to 78.4%, and the company secured over $42 billion in future revenue commitments. Shares have delivered extraordinary gains exceeding 4,000% over the past year, with analysts raising price targets substantially (up to $3,250) and upgrading ratings, while management initiated a $6 billion share repurchase, affirming strong positioning in high-bandwidth memory and storage for AI.

MU (Micron Technology, Inc.) — Weight: 7.33% reported record fiscal Q2 2026 results (ended February 2026) with revenue of $23.86 billion—nearly tripling year-over-year—driven by unprecedented AI memory demand across DRAM and NAND. GAAP net income reached $13.79 billion ($12.07 per diluted share) and non-GAAP EPS $12.20, with gross margins approaching 75%. The company guided for even stronger sequential performance and continues to benefit from supply constraints and high-value AI infrastructure spending, positioning it as a core beneficiary of the memory supercycle.

DELL (Dell Technologies Inc.) — Weight: 5.05% exhibited explosive AI server growth in its fiscal Q1 2027 results (reported May 2026), with overall revenue surging to $43.84 billion (up ~88% year-over-year) and non-GAAP EPS reaching $4.86. AI-optimized server revenue alone jumped 757% to $16.1 billion, driving the company’s fastest revenue growth pace since its 2018 relisting. Full-year fiscal 2027 guidance was raised materially, underscoring Dell’s leadership in AI infrastructure hardware and services, with shares reacting strongly to the accelerated outlook.

3. Performance and Statistics

Since January 2012, Fich Public Equities investment strategy has systematically compounded a simulated $100,000 starting portfolio into over $11.29 Million, achieving an annualized return (CAGR) of 39.58% while strictly capping the historical maximum drawdown at −33.50%.

Current Portfolio Performance

Equity Curve - Fich vs SPY

DrawDown Curve - Fich vs SPY

Disclaimer: Past performance is not indicative of future results. All strategy performance metrics and stated returns are net of a 0.10% commission fee per trade. For comprehensive historical data and complete execution logs, visit fich.ai.

Crypto Strategy - Surviving the Volatility

Fich.ai — Fri, 29 May 2026 11:04:25 GMT

If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $130,676

1. Market overview

Geopolitical tensions between the U.S. and Iran drove a risk-off move, pushing Bitcoin from above $77,000 to below $73,000 and triggering over $1 billion in liquidations; Ethereum underperformed while XRP rebounded above $1.30 on strong volume.
Spot Bitcoin ETFs saw persistent outflows, and decentralized finance total value locked fell by more than $20 billion amid elevated funding rates and fragile liquidity.
Institutional activity continued despite the pullback, including FalconX’s confidential IPO filing, OKX Ventures’ $53 million investment in South Korea’s Coinone exchange, and rapid growth of Tether’s U.S.-focused stablecoin (up more than 500% over the prior month).
Prediction markets faced increased regulatory scrutiny, and European banking leaders warned about the region’s ability to handle crypto-related shocks under MiCA; sector challenges included tokenization/RWA developments and network outages on Sui.
The industry continued moving toward clearer regulation and product innovation (including protected Bitcoin ETF strategies), with markets watching upcoming inflation data and policy signals for direction.

Fich Crypto Monthly returns %

2. This week overview: Fich Crypto vs the market

Through 28 May 2026, Fich Crypto strategy returned −0.20% in May so far, against −3.57% for Bitcoin and −10.97% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 28 May 2026 the system closed 5 positions, opened 5 new positions, and held 2 coins from previous weeks, leaving the portfolio at roughly 5.3% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: +4.27%. Hit rate: 2/5 (40% winners).

Current portfolio:

New Portfolio update

Institutional and enterprise adoption narratives are driving the strongest signals across several altcoins, with multiple networks posting breakouts on high volume as catalysts shift from speculation to infrastructure and distribution.

Stellar (XLM) led on a major real‑world asset tokenization headline after DTCC outlined plans to connect its tokenized securities platform to Stellar by 1H 2027, supporting on-chain representation of U.S. assets under an SEC no‑action framework. The news sparked a sharp, market‑decoupling rally and reinforces Stellar’s positioning in compliant settlement rails. Additional momentum is building from growing stablecoin interoperability (Circle CCTP), tokenized cash and yield products, and increased institutional experimentation on the network.

Sei (SEI) is seeing clear risk‑on rotation into high‑performance Layer‑1s, with reported whale accumulation and a strong price/volume surge. Attention is centered on the upcoming “Giga” scalability push (parallelized EVM execution and faster finality targets), while a smartphone distribution agreement to preinstall Sei-powered wallets on millions of Xiaomi devices starting in 2026 stands out as a potential step-change in user onboarding.

Internet Computer (ICP) is being repriced around unusually strong on-chain activity and an AI/sovereign cloud narrative. DFINITY’s “Cloud Engines” launch aims to bring serverless enterprise tooling on-chain with revenue-linked buyback/burn mechanics, directly tying usage to token demand. A recent short squeeze accelerated the move, but the more durable signal is sustained throughput and product commercialization aimed at regulated enterprise workloads.

Filecoin (FIL) continues to lean into the “verifiable data for AI” theme. The NV28 upgrade improved mainnet capabilities for real workloads, and the 2026 strategy prioritizes scaling paid storage deals via programmable, on-chain storage and payment rails. Market focus is also turning to token-economics tightening as vesting overhangs diminish, alongside improving technical structure.

Midnight (NIGHT) is gaining visibility as a privacy-first platform within the Cardano orbit, supported by leadership focus and a federated mainnet rollout featuring notable enterprise node operators. While still early, the combination of governance/treasury initiatives and early application experimentation is supporting relative strength and improving sentiment.

Overall, the dominant cross-market theme is “institutional-grade infrastructure”: compliant tokenization, high-throughput execution, enterprise cloud tooling, and AI-driven data/storage demand—now increasingly paired with concrete distribution channels and usage-linked token mechanics.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $130,676 in the Crypto strategy, versus $10,226 in spot Bitcoin and $15,371 in spot Ethereum.

Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Stocks Strategy - AI and Infrastructure

Fich.ai — Sun, 24 May 2026 09:47:06 GMT

FICH Public Equities is a systematic, long-only investment strategy that trades exclusively within the S&P 500 universe. The algorithm evaluates relative strength every month and automatically rotates capital into the 10 most dominant stocks, maximizing exposure to leading macro trends while completely removing human bias.

Annual Returns - Fich Strategy vs SPY

1. Macro Overview

Over the past 30 days, major U.S. equity indexes advanced modestly, with the S&P 500 up roughly 5% amid resilient corporate earnings and continued strength in artificial intelligence-driven spending. Treasury yields rose noticeably, with the 10-year note climbing toward 4.6% and the 30-year exceeding 5.1% at points, pressuring longer-duration assets.

Capital flows concentrated in technology, supported by strong results from leaders like NVIDIA that reinforced ongoing AI momentum, alongside solid gains in industrials and materials tied to infrastructure and data-center demand. Energy was mixed amid elevated but volatile oil prices linked to geopolitical tensions, while defensive areas such as healthcare and consumer staples lagged.

Momentum-driven positioning favored information technology and industrials, where positive earnings surprises and AI/infrastructure tailwinds reinforced trends, extending sector leadership even as the broader market consolidated after April’s sharp rally.

Weaker momentum and relative underperformance led to trims or avoidance in areas such as financials and some healthcare names. Higher yields weighed on rate-sensitive sectors like real estate and utilities, contributing to outflows as capital rotated toward higher-conviction growth and cyclical themes.

Fich Monthly Returns (2012 – present)

2. The Portfolio: Current Holdings (May 2026)

This curated portfolio is positioned at the intersection of three powerful secular tailwinds—accelerating AI compute demand, a global telecom infrastructure overhaul, and the rise of programmable molecular medicine—anchored by market leaders that supply the essential “picks and shovels” of the modern digital economy. The most important signal across the technology complex is the continued surge in data creation and model training requirements, which is intensifying investment in high-performance semiconductor design, advanced materials, and the hardware stack needed to move, store, and process information at scale. As hyperscale cloud providers expand capacity, the portfolio’s exposure to high-bandwidth optical networking, specialty glass substrates, and next-generation storage (both solid-state and hard-disk) is geared to benefit from sustained capex cycles focused on throughput, energy efficiency, and reliability. Supporting this buildout are critical enablers of advanced manufacturing—automated semiconductor testing and precision laser instrumentation—which tend to see demand as chip complexity rises and production tolerances tighten. Complementing the digital infrastructure theme, the healthcare allocation targets asymmetric upside from the maturation of mRNA platform therapeutics, where progress in programmable medicines continues to expand beyond initial applications and could reshape development timelines and therapeutic breadth over time.

Portfolio Breakdown

WDC (Western Digital) — Weight: 14.49% delivered strong Q3 FY2026 performance with revenue of $3.34 billion, up 45% year-over-year, and non-GAAP EPS of $2.72, beating estimates. Gross margins approached 50–51%, supported by robust demand for HDDs and SSDs in AI infrastructure and data centers. The company highlighted increasing focus on scale, economics, reliability, and sustainability in AI planning, while advancing post-quantum cryptography hard drives for secure AI data. Recent customer surveys and recognition in sustainable AI indices underscore its positioning; Q4 guidance points to continued double-digit growth and margin expansion.

MRNA (Moderna) — Weight: 13.75% reported Q1 2026 revenue of approximately $389–400 million, up substantially year-over-year, with a GAAP net loss that included a significant one-time litigation settlement charge; adjusted performance beat expectations on the top line. The majority of revenue is now from international markets, particularly the UK, as the company diversifies beyond COVID-19 vaccines. Management reiterated expectations for approximately 10% revenue growth in 2026, driven by its broader mRNA pipeline in respiratory and other therapeutic areas, while maintaining a strong cash position exceeding $7 billion. Pipeline progress in oncology and other programs remains a key focus.

MU (Micron Technology) — Weight: 13.12% recorded exceptional results in FY2026, with Q2 revenue reaching a record $23.86 billion (nearly tripling year-over-year) and non-GAAP EPS of $12.20, substantially ahead of estimates. Strong execution in high-bandwidth memory (HBM) and DRAM, coupled with tight industry supply and surging AI demand, drove record gross margins, EPS, and free cash flow. Management highlighted memory as a strategic asset in the AI era, with significant investments in manufacturing capacity. Guidance remains robust, expecting further records in subsequent quarters amid a rapidly expanding HBM total addressable market.

STX (Seagate Technology) — Weight: 11.00% generated robust FY2026 results, with Q3 revenue of $3.11 billion (up 44% year-over-year) and non-GAAP EPS of $4.10, exceeding expectations. Strong demand for mass-capacity storage in AI and cloud environments drove record exabyte shipments and gross margins exceeding 40%. The company has transformed its financial profile through disciplined execution, with ongoing capital returns via dividends. Management anticipates sustained momentum in data storage solutions as AI workloads scale, with Q4 guidance supporting continued growth.

COHR (Coherent) — Weight: 9.67% reported Q3 FY2026 revenue of $1.81 billion, up 21% year-over-year (27% on a pro forma basis), with non-GAAP gross margin of 39.6% and non-GAAP EPS of $1.41. Growth was propelled by scaling AI datacenter infrastructure and communications demand, which now accounts for the majority of revenue. Margin expansion reflects improved product mix and operational leverage in photonics and laser solutions critical for optical networking and high-performance computing. The company continues to see extended demand visibility into 2028, supporting further upside in datacom and industrial applications.

GLW (Corning) — Weight: 9.65% delivered strong Q1 2026 core sales of $4.35 billion (up 18% year-over-year) and core EPS of $0.70 (up 30%), driven by robust demand for Gen AI-related optical products and the ramp of new solar offerings. Optical Communications and Solar segments led growth, supporting gross margin expansion to 37%. The company upgraded its Springboard growth plan, targeting significantly higher annualized sales run rates by 2028–2030 through AI fiber optics, advanced glass, and solar. Q2 guidance projects core sales of approximately $4.6 billion and core EPS of $0.73–$0.77, despite temporary production impacts from solar facility upgrades.

CIEN (Ciena) — Weight: 8.86% achieved record Q1 FY2026 revenue of $1.43 billion, up 33% year-over-year, with adjusted EPS of $1.35, significantly beating consensus. Performance was driven by strong networking demand, with adjusted gross margin at 44.7%. The company raised full-year FY2026 revenue guidance to $5.9–$6.3 billion, reflecting confidence in sustained growth across its portfolio amid expanding bandwidth needs. Q2 revenue is expected around $1.5 billion, with ongoing margin stability.

SNDK (SanDisk) — Weight: 7.90% has experienced dramatic share price appreciation, up over 500% year-to-date and thousands of percent over the trailing year, fueled by explosive AI-driven demand for memory and storage solutions in data centers. The company reported solid sequential revenue growth in recent quarters, with strong performance in NAND and related products benefiting from industry-wide memory shortages and high-bandwidth memory dynamics. Analyst price targets have been repeatedly raised (e.g., to $2,000+ levels by multiple firms), citing its central role in the AI infrastructure buildout. Recent earnings showed continued momentum, though volatility remains elevated given the rapid run-up.

LITE (Lumentum Holdings) — Weight: 6.57% reported robust Q3 FY2026 results with net revenue of $808.4 million, up 90% year-over-year, driven by strong demand in AI and cloud datacenters. Non-GAAP gross margin expanded to 47.9% and non-GAAP EPS reached $2.37, reflecting favorable product mix, operational efficiency, and pricing discipline. Components represented 66% of revenue while Systems grew over 121% year-over-year, with laser chips, pump lasers, and scale-across products leading gains. Momentum in co-packaged optics and optical circuit switches supports further earnings power, with Q4 guidance calling for revenue of $960 million to $1.01 billion and non-GAAP EPS of $2.85–$3.05.

TER (Teradyne) — Weight: 5.45% posted record Q1 2026 revenue of $1.282 billion, up 87% year-over-year, with non-GAAP EPS of $2.56. Semiconductor Test, the primary driver, contributed $1.111 billion, reflecting approximately 70% of total revenue tied to AI-related demand in compute and memory. All business groups benefited from AI momentum, resulting in outsized growth across the portfolio. Q2 guidance calls for revenue of $1.15–$1.25 billion and non-GAAP EPS of $1.86–$2.15, with management expecting continued AI-driven strength.

3. Performance and Statistics

Since January 2012, Fich Public Equities investment strategy has systematically compounded a simulated $100,000 starting portfolio into over $9.93 Million, achieving an annualized return (CAGR) of 37.79% while strictly capping the historical maximum drawdown at −33.50%.

Current Portfolio Performance

Equity Curve - Fich vs SPY

DrawDown Curve - Fich vs SPY

Crypto Strategy - Privacy and Infrastructure on Focus

Fich.ai — Fri, 22 May 2026 09:28:41 GMT

If you have invested $1,000 with Fich in Jan 2020 you would now have $130,689

1. Market overview

The Senate Banking Committee advanced the Clarity Act in a bipartisan 15-9 vote on May 14, a key step toward comprehensive U.S. digital asset market structure legislation, supporting industry confidence amid broader macroeconomic pressures.

Bitcoin traded roughly between $76,000 and $81,000, ending the week near $77,400 after intraday highs above $81,000. Bitcoin showed relative resilience versus altcoins, with elevated Bitcoin dominance as Ethereum and many layer-one tokens faced more pressure.

Spot Bitcoin ETFs saw net outflows of about $1 billion, ending a prior inflow streak, while Ethereum ETFs had continued redemptions around $255 million, though overall institutional holdings remain substantial.

DeFi and privacy narratives gained attention, including strong performance and positioning for Hyperliquid and renewed interest in Zcash tied to privacy features and development funding. Market participants are watching potential Senate floor consideration of the Clarity Act, possible updates on the Strategic Bitcoin Reserve, and macroeconomic catalysts affecting risk appetite.

Fich Monthly returns %

2. This week overview: the Fich strategy vs the market

Through 21 May 2026, Fich investment strategy returned −0.19% in May so far, against +1.66% for Bitcoin and −5.48% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 21 May 2026 the system closed 4 positions and opened 4 new positions and held 3 from the previous week, leaving the portfolio at roughly 11.3% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −5.25%. Hit rate: 2/4 (50% winners).

Current portfolio:

What's driving the new portfolio

Fich Strategy continues to hold JST, NEAR, and ZEC while rebalancing its portfolio with new coins showing strong momentum.

Dash is benefiting from renewed interest in privacy coins and tangible ecosystem expansion. A new integration into NEAR’s Intents Widget improves Dash’s cross-chain swap access across dozens of blockchains, while futures open interest has surged alongside a trendline break that supports a near-term bullish reversal narrative. Visibility efforts in Southeast Asia and upcoming roadmap items (including Thorchain integration and Evolution upgrades) add supportive medium-term catalysts, with attention on whether price can sustain support and challenge the next major resistance zone.

DoubleZero (2Z) is showing high-beta momentum driven by strong volume and on-chain accumulation signals. The token has posted a sharp daily gain alongside a major spike in trading activity, growing holder counts, and notable large-value transactions, while token burns add a scarcity tailwind. Technically, a breakout through the prior resistance band has improved the setup, but follow-through will depend on holding the new support level after the rapid move.

Morpho stands out as a DeFi infrastructure winner as institutional-facing integrations accelerate. The protocol has pushed to new records in deposits and activity, supported by expanding vault/curation ecosystems and partnerships that increase addressable enterprise lending and trading capacity. Speculation around strategic accumulation by a large asset manager has further boosted sentiment, and the market is watching whether the token can continue to defend key supports and extend toward the next upside targets as adoption-driven flows build.

Algorand’s narrative is being reinforced by distribution and credibility catalysts. Robinhood’s relisting meaningfully expands U.S. retail access and liquidity, while recognition for post-quantum cryptography strengthens its security-led positioning for institutional use cases. With ongoing developer tooling and stablecoin integrations progressing, ALGO is approaching a constructive technical inflection point that could support a push higher if resistance levels break amid broader rotation into scalable Layer-1s.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $130,689 in the strategy, versus $10,781 in spot Bitcoin and $16,319 in spot Ethereum.

Fich Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - The RWA Rotation

Fich.ai — Sun, 17 May 2026 12:40:03 GMT

If you have invested $1,000 with Fich in Jan 2020 you would now have $122,571

1. Market overview

The past week in the cryptocurrency markets was defined by regulatory progress, institutional integration, and measured price action amid shifting macro expectations.

Bitcoin consolidated in the $79,000–$82,000 range after brief tests above $82,000, supported by recovering spot ETF volumes that reached approximately $2.5 billion on May 14.
Ethereum faced resistance near $2,400, reflecting subdued network activity and profit-taking among longer-term holders, while Bitcoin dominance climbed above 61 percent.
Tokenized U.S. Treasuries surpassed $15 billion in total value locked, highlighting the accelerating convergence of traditional fixed-income products with blockchain infrastructure.

Regulatory developments provided the clearest positive catalyst.

The Senate Banking Committee advanced the Clarity Act with a bipartisan 15-9 vote, moving toward a comprehensive U.S. framework that delineates oversight between the SEC and CFTC, addresses stablecoin remuneration rules, strengthens anti-money laundering requirements, and facilitates tokenized securities while offering fundraising exemptions for digital asset issuers.
This legislative momentum boosted market sentiment, with Bitcoin’s bullish-to-bearish comment ratio briefly exceeding 2.6, though analysts cautioned about potential buy-the-rumor dynamics ahead of further hurdles.

Sector-specific momentum highlighted both enthusiasm and selectivity.

Hyperliquid’s native token surged into the top 20 by market capitalization amid intense retail interest and ecosystem expansions, including Coinbase’s integration as a USDC treasury deployer.
Selective altcoins such as XRP and Uniswap posted solid weekly gains.
On-chain data showed retail addresses continuing steady Bitcoin accumulation, while larger holders remained flat, suggesting limited institutional confirmation at current levels.
The industry showed resilience and growing mainstream relevance, though compressed volatility and macro uncertainties (including Federal Reserve leadership transition and inflation signals) tempered expectations for an immediate breakout.

Fich Monthly returns %

2. This week overview: the Fich strategy vs the market

Through 14 May 2026, Fich investment strategy returned −6.39% in May so far, against +2.36% for Bitcoin and −3.40% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 14 May 2026 the system closed 5 positions and opened 5 new positions and held 2 from the previous week, leaving the portfolio at roughly 1.2% cash.

The algorithm systematically closes underperforming assets while holding positions with strong momentum.

Closed trades, return on each closed position:

Average closed-trade return: −9.37%. Hit rate: 1/5 (20% winners).

Current portfolio:

What's driving the new portfolio

Across several altcoin ecosystems, the dominant theme this week is accelerating “real-world” utility—through regulated market access, tokenized assets, and protocol-driven deflation—showing up alongside clear technical breakouts and rising activity.

Injective (INJ) led on catalysts: a community buyback program rapidly filling its revenue pool supports ongoing burns and a tighter supply narrative, while native USDC and Circle’s cross-chain transfer rails strengthen stablecoin liquidity and interoperability across Cosmos-linked venues. The launch of U.S. CFTC-regulated INJ futures marks a notable institutional milestone, reinforcing momentum that has already translated into a decisive price breakout.

JUST (JST) reinforced its deflationary thesis after completing a large, revenue-funded token burn that removed a meaningful portion of supply. In parallel, governance progress to expand JustLend markets is aimed at growing TVL and fee generation, improving the fundamental backdrop as sentiment turns more constructive.

Conflux (CFX) saw renewed interest following a breakout accompanied by higher volume and improving on-chain metrics, including stronger stablecoin presence, rising transactions, and expanding user activity. Its push into compliant, cross-border initiatives and tokenized assets—highlighted by omnichain tokenized gold—continues to position the network for Asia-focused real-world asset liquidity growth.

Quant (QNT) is being driven by enterprise and financial-market integration momentum, supported by a technical move above key resistance on heavier volume. Ongoing tokenized deposit pilots with major banks, Overledger-related developments, and broader institutional testing narratives underpin expectations for continued demand tied to licensing and network usage.

Finally, Kite (KITE) is drawing attention after its mainnet launch on Avalanche and the rollout of agent-focused identity and programmable wallet infrastructure, targeting autonomous AI-agent commerce. Post-launch activity and elevated volume suggest the market is increasingly pricing the project around adoption potential in agent-driven transactions.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $122,571 in the strategy, versus $10,855 in spot Bitcoin and $16,678 in spot Ethereum.

Fich Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).

Crypto Strategy - AI & Crypto Catalysts

Fich.ai — Thu, 14 May 2026 10:38:57 GMT

If you have invested $1,000 with Fich in Jan 2020 you would now have $136,778

1. Market overview

Bitcoin held above $80,000 as crypto markets showed renewed resilience; total market capitalization hovered near $2.7 trillion and Bitcoin dominance rose to about 61%, the highest since late 2025.
Spot Bitcoin ETFs saw consistent net inflows totaling over $1.6 billion across several days, signaling continued institutional demand.
Ethereum traded in a narrow range around $2,300–$2,400, while select alt sectors (DeFi and meme coins on Solana and Ethereum) showed relative strength.
U.S. regulatory progress continued as the Senate Banking Committee advanced preparations to mark up the Digital Asset Market Clarity Act, focusing on SEC/CFTC jurisdiction, developer protections, and frameworks for tokenized assets and stablecoins; sentiment improved toward neutral.
Altcoin activity rotated into meme coins and Uniswap v4-related tokens, lifting UNI and ecosystem projects; SUI gained from staking inflows, and institutions showed interest in tokenized real-world assets including new money market fund launches.

Fich Monthly returns %

2. This week overview: the Fich strategy vs the market

Through 7 May 2026, Fich investment strategy returned +4.46% in May so far, against +7.07% for Bitcoin and +3.65% for Ethereum.

Stepping back to the year-to-date picture:

3. The portfolio this week: bought, sold, and held

On 7 May 2026 the system closed 5 positions and opened 7 new ones, leaving the portfolio at roughly 6.9% cash.

Closed trades, profit on each closed position:

Average closed-trade return: +4.41%. Hit rate: 5/5 (100% winners).

Current portfolio:

What's driving the new portfolio

Altcoins saw a broad risk-on bid, with several names breaking out on major catalysts spanning tokenomics upgrades, AI-agent infrastructure, and renewed privacy demand.

TON rallied sharply after Pavel Durov unveiled a “Make TON Great Again” roadmap centered on deeper Telegram integration, including Telegram stepping up as the network’s largest validator, staking significant tokens and pushing fees toward near-zero. The shift sparked a notable short squeeze and record volumes, reinforcing a momentum regime as traders position for follow-on network upgrades and payments/stablecoin expansion.

ICP surged on DFINITY’s launch of “Cloud Engines,” positioning Internet Computer as sovereign, tamper-proof cloud infrastructure designed for AI workloads with multi-cloud portability. Markets also reacted to improved token economics: a revenue mechanism earmarking 20% for buybacks/burns alongside inflation reductions from recent upgrades, supporting a more structurally bullish narrative as enterprise and developer demonstrations gain traction.

ZEC ripped to fresh 2026 highs amid heavy short liquidations, with additional credibility from a major investor publicly disclosing accumulation and emphasizing the growing relevance of shielded transactions. A record share of supply moving into shielded pools has tightened liquid availability, while recent security work, fresh funding, and upcoming quantum-recoverable wallet initiatives strengthened the long-term privacy thesis.

In DeFi, ENA drew incremental institutional attention after a major index-style product rebalance gave it a sizable weight, while Ethena’s efforts to broaden USDe collateral sources and expand yield strategies sustained demand for the ecosystem. Technical setups improved as price action responded to the institutional catalyst.

Utility and AI-agent themes also advanced: FIL broke key resistance levels on rising volume as Filecoin’s onchain cloud strategy and institutional-grade data preservation use cases continue to mature. VIRTUAL benefited from expanded distribution via a major retail trading platform and accelerating adoption as infrastructure for AI agents on Base. NEAR rallied on the launch of an AI agent marketplace and confidential compute initiatives, with added support from visible whale accumulation and progress toward post-quantum cryptography—reinforcing its positioning at the intersection of AI commerce, security, and next-gen L1 functionality.

4. Multi-year track record

By the end of last week, that hypothetical $1,000 was worth $136,778 in the strategy, versus $11,354 in spot Bitcoin and $17,895 in spot Ethereum.

Fich Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).