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Our May 2026 Stock Updates

Dumb Money LiveAug 11, 2026

Summary

DumbMoney presents a thesis centered on the strategic use of leverage and 'bucketed' capital for retail investors. DumbMoney argues that separating a portion of one's portfolio for high-risk options trading allows for aggressive moves on high-conviction ideas without risking total financial ruin. This approach was recently applied to Amazon, where DumbMoney went 'all in' on options during a market dip, a move that significantly paid off as the stock recovered. DumbMoney emphasizes that such 'home run' trades are the primary driver for becoming a top-tier investor.

Beyond specific trades, DumbMoney discusses the 'Social Arb' strategy, which involves identifying information imbalances before they become mainstream knowledge. This was the basis for a successful investment in Sphere, which DumbMoney has now exited because the thesis is widely understood. Currently, DumbMoney is focused on the 'AI super cycle,' targeting semiconductor companies, memory manufacturers, and power infrastructure providers like Bloom Energy, while maintaining a long-term bullish outlook on Robinhood and a patient stance on Canadian data center power plays.

Amazon (AMZN): DumbMoney is extremely bullish on Amazon, targeting a price of $300. After recently having options represent 40% of the portfolio, DumbMoney is currently 'rolling up' those options, taking profits and reinvesting into higher strike prices, now maintaining a 5% position.
Bloom Energy (BE): DumbMoney views Bloom Energy as a primary beneficiary of the AI power trade, expecting more contracts from hyperscalers like Meta or Google following their Oracle deal. Despite potential 40% volatility, DumbMoney doubled down during recent price drops and continues to hold.
Robinhood (HOOD): DumbMoney purchased more call options recently and maintains a strong long-term conviction. DumbMoney intends to stay in the position for the next six months or longer, regardless of near-term price fluctuations, to build a larger position.
TransAlta (TAC): DumbMoney continues to hold a majority position despite recent losses of about 14%. DumbMoney believes it is 'inevitable' that data centers will move to Alberta for power, even if political rhetoric or weather creates temporary delays.

Mentioned Stocks

AMZN
Sentiment: BUYAction: BOUGHT

Reasoning: DumbMoney went heavily into Amazon options at strike prices between $198 and $215. Currently rolling profits into new options at higher strikes, targeting a price of $300. DumbMoney remains highly confident in Amazon's role in the AI cycle.

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AMD
Sentiment: HOLDAction: RECOMMENDED

Reasoning: DumbMoney holds AMD as part of a broader AI sector trade. While not the heaviest position in the portfolio, it is viewed as a solid component of the AI 'super trade' alongside companies like Micron.

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INTC
Sentiment: BUYAction: SOLD

Reasoning: DumbMoney accidentally sold the position due to margin requirements for the Amazon trade. DumbMoney regrets the sale as the stock has since rallied and remains bullish on its prospects.

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HOOD
Sentiment: BUYAction: BOUGHT

Reasoning: DumbMoney bought more calls recently and wants to be 'heavier' in the stock. While near-term movement is uncertain, DumbMoney is in it for the long term (6+ months) and views current levels as a good buying opportunity.

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BE
Sentiment: BUYAction: BOUGHT

Reasoning: DumbMoney doubled down on Bloom Energy when it dropped to $75. DumbMoney expects significant upside from future contract announcements with tech giants and considers it a core part of the AI power infrastructure trade.

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SPHR
Sentiment: SELLAction: SOLD

Reasoning: DumbMoney has exited the position entirely. The trade was based on 'Social Arb' (information imbalance), and now that the thesis is widely known and the stock has risen 400%, DumbMoney sees no reason to stay in for fundamental reasons.

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TAC
Sentiment: HOLDAction: RECOMMENDED

Reasoning: DumbMoney is holding the majority of the position despite a 14% loss. While there are delays in Alberta data center projects due to political pressure and weather, DumbMoney believes the long-term move of data centers to that region is inevitable.

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