Some of the biggest and most profitable

tech stocks have barely moved in two

years, while the NASDAQ has exploded up

by 70% in the same period. And that has

created a powder cake opportunity for

us. I'm the guy who bought oil stocks 6

months before the war broke out, not

because I have a crystal ball, but

because I could see the big money moving

into oil stocks. And I'm up very nicely

about 60% on this right now. while the

S&P has moved just about 9%. So, I made

like five times more than the market.

And I believe this rotation could be

even bigger and faster. Why? Because I

noticed that the big money is moving

faster and faster from bucket to bucket,

from sector to sector. And they hop. And

the truth that nobody wants to tell you

is that Wall Street no longer buy stocks

for their quality. They don't care about

profits. They don't care about

management. Now time has passed. All

they care about now is mment. And it may

sound fickle. And I know you're used to

this buy and hold philosophy, right?

We've all been taught it. Our parents

were taught it. But if you don't

understand this, I believe you're going

to get left behind. You will hold tech

stocks and you'll make like 0%. Or the

NASDAQ does 70%. or you play it safer

and you buy the S&P and you'll make

single digits like 9% since the before

the war broke out. And people like me

made five times that because we bought

oil stocks at the right moment. So in

the next 20 minutes, I'm going to

explain this opportunity to you. I'm

going to give you both an ETF, so an

index fund and three individual stock

opportunities. And if you want to

understand that, stick around. I warn

you though, the video is going to be

fairly information dense. Even though

I'm I'm on the move here. I'm in the

south of France, as you can maybe see in

the in the window there, the reflection.

But to make this really really land for

you, I'm going to give you more than

just this video. I'm going to give you a

full bonus free research report on

everything I'm covering here, plus more

we have time for in the short videos.

You can download that for free at

felixfrren.org/software.

So, it's free, and I mean truly free.

It's just there for you. Take advantage

of it. Links down below in the

description.

Now, let me show you something first

that most people are missing. Over the

last two years, two things have happened

that created a crazy mismatch. The

NASDAQ 100 tracked by QQQ, if you're an

index fund investor, it's up about 70%

in the last two years. So, if you put

$10,000 into the NASDAQ in 2024, you'd

have about $17,000 right now, which is

pretty good, right? But the biggest tech

stocks out there, the software

companies, they didn't just go up

slower. So they actually went down in

the same time period. We're talking

about a decline of about 8%. So instead

of 10K turning into 17K, you'd be

sitting at $9,000 in a bit while your

friend who just bought the NASDAQ index

made loads of money. How is that

possible? That software which is

supposed to be the future is going down

while everything else is going up

massively. That's exactly why this is

creating an opportunity. Of course, the

question becomes why does the gap exist?

Right? A couple things you need to

understand and then I'm going to walk

you through the actual stocks. So why

would professional investors, the people

managing billions of dollars,

deliberately bet against software? Now

the answer will tell you everything you

need to know. There is a narrative on

Wall Street. Very powerful narrative.

Powerful enough that hedge funds, the

smartest money in the world, are betting

billions of dollars against it. And

they've been doing it for two years.

They've made lots of money on this. So

they've been right in a sense. In a

sense, they make their own right and

wrong. And their story is this. AI is

going to kill all software companies.

Why? Because AI can do what their

software companies can do, but better

and faster and cheaper, which sounds

scary, right? If you're a software

investor. So hedge funds decided to make

money on the fear. They might have also

had something to do with creating the

fear because these talking heads go on

on television, right? So those hedge

funds so far have made $24 billion

betting that software stocks would go

down. Think about that. $24 billion on

one bet. And when that much money is

betting on one direction, it creates an

imbalance. Think about it this way. If

all your friends are standing on one

side of a boat, what happens? You move

the whole boat, right? Everyone's

crowded on one side. The boat gets, you

know, lopsided. But here's the thing

about boats. The more crowded one side

gets, the more likely this to tip the

other way because people will notice it

and go, "Oh my god, we're going to fall

over. Let's run to the other side." And

then everybody wants the other side and

you do the opposite. Right? Is that a

nice illustration? Me leaning left and

right. So this video isn't about

convincing you whether or not AI will

kill software. Doesn't matter. I'm here

to show you how to potentially profit

from what happens next. Regardless of

what happens to this software, the

bottom line is that investing used to be

like planting trees. You buy a famous

company, you plant it in your brokerage

account, and you ignore it, and you

check back in 20 years, and what a

beautiful tree would be. But today, the

world changes too fast for that. Because

of AI and technology shifts, a company

that looks like a mighty oak today can

be chopped down into chopsticks in just

two years. So if you just buy and hold

one company forever, you might end up

holding it all the way down to zero. So

what does Wall Street do instead? What

do the pros do instead? They surf.

Instead of marrying a stock, I always

say don't marry the stock, marry the

girl. So you understand that concept

now. Maybe you're still doubtful, but

here's the thing. Understanding the

framework and the concept isn't enough.

You need to actually position for it.

And there is a very specific time window

to do that. Do you remember the big IPO

boom? The last one? Not SpaceX. I'm

talking 2020. Airbnb, Coinbase, Roblox,

Rivian. Where were you when that was

happening? Did you make money? Or maybe

you made some money and then you handed

it back to the nice fell on Wall Street

because he really needed another

Lamborghini. Or maybe you just sat on

the sidelines and you were waiting for

the dip, right? Other people made 10

times their money. So be honest with

yourself for a moment here and try to

remember that period because nobody

wants to admit exactly this. The people

who build real wealth, the kind that

changes your future, your family's

future for generations, they do it by

recognizing moments and patterns.

Patterns like right now. I call this the

IPO summer. Companies that have been

waiting on the sidelines for decades are

about to go and list on the stock

exchange. It isn't just SpaceX, loads of

others. And the people who know how to

position from this, the people who

understand the fiveear cycle is this

historically kicks off, they're going to

build wealth machines. And five years

from now, you're going to be in one of

two groups. Group numero uno, the people

who watched it happen. Again, just like

2020 or like 2010 or like 1998, just

like they watched every major

opportunity pass them by. And then you

have group number two, the people who

showed up, who learned Wall Street's

playbook, who built something that

actually matters for themselves, for

their children, for their retirement,

for their legacy. So, you got to pick a

group. Put group number one or group

number two in the chat. Which group do

you want to be? And just to get really

real with you, I'm I'm heading to New

York next week, so I'm trying to learn

American.

Father's Day is this weekend. And you

might be thinking, random, why are you

talking about Father's Day? This is not

about you having another beer, sleeping

on the sofa, or doing a barbecue or

whatever you do on Father's Day.

Everyone needs to ask themselves just

one question here. What legacy am I

building? If you retired today, right

now, your earnings would stop right now.

Would you be taken care of? Would your

family be taken care of? If something

happened to you tomorrow, God forbid,

did you build something that lasts? Did

you leave something that you'd be proud

of? And right now, standing at the

beginning of this 5-year window where

the people who learn how to build wealth

are really going to separate themselves

from everybody else. And I'm not saying

buy all the overhyped IPOs. I'm not

saying that at all. What I'm saying is

learn the skills that separate the pros

from the amateurs. And I believe this is

so important. I'm going to do something

on Father's Day for you. I'm going to

hold a live workshop on Father's Day at

7 PM New York time. Live from New York,

actually. And I call it how to turn the

IPO summer into a fiveyear wealth

machine. Never taught this material

before. And honestly, I might never do

this again because the next opportunity

like this will be maybe in 10 years. So

if you want to be there with me, be

there live. Don't ask me for a replay.

We don't do those. It's going to be two

hours long. And there's a link down

below. It's completely free. There

10,000 tickets to this

wealthmachine.org.

And over half of those tickets are

already gone as I'm recording this. So,

by the time you watch this, there might

not be that many left. Wealthmachine.org

is the link in the description. It's

also in the comments down below.

Free, no questions asked, no credit card

needed, nothing. So, if you want to be

part of that event, if you're going to

show up for yourself, write wealth

machine in the comments. Let me know

that you're going to be there and you're

going to show up for yourself. But the

promise of this video to get back to it

is to help you understand the forces

first, right? So, Sunday is the big

vision. It's the detail. We're going to

go into much much more detail than a

20-minut like this video like this can.

But let's get into these three stocks.

So, we've talked about

the boat, right? One simple rule you

need to learn right now, which I call

follow the money. And the framework is

called or I call it the rubber band

effect. And it works because human

nature doesn't really change very much.

Imagine a rubber band, right? When you

stretch a rubber band really, really,

really far in one direction, what

happens? What happens? it gets really

really tight, right? And the further you

stretch it, the more pressure builds up

and then eventually that pressure

becomes too much and suddenly it snaps

back in the other direction. It snaps

even harder than when it was stretched.

Stock markets work the same way. Same

like the boat that has. So the more

extreme the crowding, the more pressure

builds up. So what we seeing right now

in software, particularly three stocks

I'm going to give you, is this rubber

band stretched out as far as I've seen

it in years. And if I see it, I know

lots of other people are seeing it

because we all got taught the same

rules. I used to be a banker and there's

a process to identify when the snap's

about to happen. And if you know the

steps, you could be ready when it does.

So, let me give you the big picture

here. Three steps. We're going to go

much much deeper on this on Sunday. So,

make sure you join me there. Links down

below. The first step is figuring out

exactly how crowded one side of the boat

is. Professional investors track

something called positioning. And this

is basically a measure of how many

people are betting up versus how many

people are betting on it going down

because that's what Wall Street does.

They don't care which way it goes. They

make money either way. Now, normally

positioning is fairly balanced, right?

It's a little bit up, a little bit down.

But right now, software is incredibly

lopsided. Way more money is betting on

software going down than up. So, if a

tiny piece of information comes out that

makes people think software isn't going

to disappear, I mean, have you canceled

your Microsoft subscriptions? Probably

not, right? Because the truth is, yes,

AI makes it easier to build software,

but selling software, distributing

software, getting companies with 100

thousand employees to buy 100,000

licenses from you, that is still really,

really hard. And AI doesn't help you

with that. The second spot step, even

the second step is look for the crack.

And it's the first sign that the boat is

about to tip over. And it's when the

price of a stock breaks through a level

where a lot of people thought it would

stay below it. And if I may and if I may

um torture you with a stock chart for a

moment, there is an ETF called IGV. It's

a software ETF index fund and it's been

having a pretty hard time, right? It's

come down a lot in beginning of 2026.

Really, really nasty. The lows down here

about 74 and then it's recovering. And

you see that little yellow line there,

the moving average line. seems to be

recovering quite nicely. And what we

just did is that we collapsed once

again, right? The whole inflation fear.

And now we appear to be bouncing off

that. And you might be watching this a

few days after I record this. It doesn't

really matter. The concept, the

principle is always there, which is why

I always say learn how to fish. Don't

ask for fish. Right? So, we're at a

point where I'm very interested in

potentially buying this. Again, I'm not

telling you to buy it. I'm just giving

you some education here. It's not

financial advice. But that's your second

step. And then your third step is the

force bind. And this is kind of the

scariest part. It's when the boat is

about to really tip over. A couple of

people are falling overboard. So you're

like, "Oh my god, what do we do?" Well,

everybody runs to the opposite side of

the boat, right? Because if they don't,

they're going to fall overboard, too,

and they'll drown. And that's exactly

what Wall Street has to do. Because the

people who bet on software going down

because it has a lot making a lot of

money in that direction. Well, what

happens when it goes back up? What

happens when it goes back up and their

profits get erased and suddenly, oh my

god, now they're losing money because

they only make money on the way down.

The only way to close a bet that a stock

will go down is to buy the stock. And

you might have heard about shorting,

which is what this is. If you're

shorting a stock, you're selling it. You

don't own it. You just sold it. So,

you're minus a stock in your portfolio.

The only way to go back from minus to

zero is to buy a stock. And it creates a

rush of buying. And these guys are not

buying because the stock or industry is

getting better. It's just mechanical

buying. It's forced buying. It's risk

management. It's the rubber band

snapping back. It's everyone running

from one side of the boat to the other.

Let me give an example of one of these,

a recent one, and then we look at the

actual three stocks here. Avis. Avis had

a beautiful rally up. I bought it here.

It made a lot of money. It's beautiful.

Took some profits somewhere. I can't

remember where. I think it was about 80%

up. And then what happened? Well, it

went all the way down again, right?

Really, really down. So, a lot of people

made a lot of money on the way down. And

then what happened? As the stock went

back up, a short squeeze happened. So,

the stock went up. Not because car

rental is suddenly a sexier business.

No, it happened purely because all the

people who had shorted this to make

money on the way going down, they were

now losing their shirt and this thing

went up like 400%.

And then it collapsed again and I know

some of my mentors made a lot of money

on it going down again. This is what

trading is called. And there's a little

thing at the bottom of the screen here

which shows you how much trading was

happening there and how the institutions

were buying in green every single day to

get out of their positions. And the

smart investors in my humble opinion are

ready for this kind of pattern on

software. Not promising you any

financial outcomes obviously but I'm

seeing a similar pattern here. So how do

we play this? Well the simplest way to

play this is to buy the the index fund

for example IGV. And again, I'm not

telling you to buy it. I'm just saying

seeing a similar pattern here. We've

come up, we go gone gone down again.

We're bouncing off. We're finding some

support down here at the 50-day moving

average line, which is a good thing. And

it's a it's an ETF that basically holds

110 leading software companies.

Everybody like you know, Oracle, Palo

Alto, Microsoft, Palangja, Crowd Strike,

all that stuff. So one click you get

exposure to the entire sector. And maybe

you're still thinking, but I think

software is going to get killed by AI.

All right. So, you think everyone's

going to cancel their Microsoft Office

subscriptions, right? Because you think

you think um if somebody made you think

if somebody made a free word processor,

they would use that instead. Well,

someone's made that already. It's called

Google Docs. I've got one open here on

the screen. It's brilliant. I use it all

the time. Have I still got Microsoft

Office? Yes, I do. Why? No idea. The

truth is people especially

enterprises don't cancel software

subscriptions very lightly because their

whole system is kind of interwoven with

this. So the reality is the disruption

already came. Loads of the stuff is

already available for free but

people are still paying for the paid

because they've always done it and it's

embedded in their systems. Now I also

promised to walk you through three

stocks right? So stock number one is

CVLT.

It's called Kumalt Systems. The second

stock is Mara Holdings. And I'm going to

give you a third one as well with a

straightforward explanation of why I

like these ones particularly. So, Com is

essentially a cyber resilience and data

protection company. So, everyone's

panicking about AI killing software.

These are guys are building the tools

that protect the data that AI runs on.

Think about it. Every company on the

planet needs to back up and protect

their data. And cyber attacks are

increasing because AI can do the cyber

attacks. So we need more of what

Convolult does. They did over a billion

dollars in revenue, growing 19% a year.

They've got enterprise clients

everywhere. They're partnering with

companies like Crowd Strike. They just

acquired another AI data security

company. And no one's going to cut cyber

security spending because you get

hacked. You're finished. Now, if you

pull up the chart here, this stock's

been hammered pretty harshly. It's down

about 60 odd percent and it's now in a

recovery phase. And what do we look for?

Well, we look for the the the catalyst

which was here. You see some bigly

institutional buying happening there

suddenly as we're kind of coming out of

this zigzaggy heartbeat pattern there.

And now we're grinding grinding our way

up. Each low is higher than the previous

low, which is definitely a good thing

from a chartist point of view. And we're

seeing that yellow moving average line

indicating some positive momentum. And

you might think these charts are a lot

of gobbledegook. I used to think that

too. Well, let me teach them to you

properly on Sunday. There's a reason by

the way, right? Why be exactly where we

are right now as I'm recording this and

by the time you're watching this, it

chart looks somewhat different. Again,

that really doesn't matter. So, let me

walk you through stock number two,

Expensify. And I know it's a teeny tiny

company. It's trading at a dollar in a

bit. And normally I'd be very cautious

about something this small, especially

something that

um peaked at $50. So this thing is down

about 97%.

Cheap, right? People said cheap all the

way down. Cheap is not the reason to

look at something like this ever. What

is Expensify? Expense management

platform. Companies use it to track

expenses, corporate credit cards, pay

their bills, that sort of thing. and

they've got millions of users and

absolutely hammered, but they're still

generating cash. They just did a 25

million share buyback, which tells you

management thinks the stocks, I was

going to say cheap. I'm not allowed to

use that word, am I? Um, they've

integrated AI to their platform. They

launched something that lets AI

assistants like Chat GPT plug directly

into the expense data. So, you got a

company that's been beaten down to

basically nothing. Management is buying

back shares and they're actually

embracing AI are being killed by it.

When you look at the charts, it appears

to be bottoming out because every single

low that we seeing here, they're getting

higher and higher and higher, which is

exactly the kind of pattern you want to

see. We saw some pretty bigly

institutional buying happening there,

but it's tiny. It's risky. So, I'm not

telling you to rather than buy it, but

in a que squeeze scenario, the smallest

names with the highest short interest

often move the fastest. Now clearly

speculative play clearly flagged as

risque as they say in the south of

France. Now the third stock is called

Mara and let me just zoom out on the

chart for you to give you a little bit

of a feel for what pain looks like for

the buy and hold crowd. Imagine you

bought this at the top and you're down

83%. We've been holding keeping that

secret for uh four years now from your

wife. Uh, this used to be Marathon

Digital, by the way, and it's a real

squeeze candidate because over a quarter

of this company's tradable shares are

being shorted right now. Now, this used

to be a Bitcoin mining company, and I

know what you're thinking, Looney Stock,

but they're pivoting into something

bigger. They're acquiring energy

infrastructure. They're buying a company

called Longriidge Energy, and they're

building out AI data center capacity. It

seems these guys hop onto whatever the

latest thing is. So again, a lot of buy

and hold play here, but they're becoming

an energy and AI infrastructure play. So

why is there squeeze potential? You got

a stock that's down 80 something%.

You've got a quarter of the sales,

you've got a quarter of the shares sold

short and if Bitcoin rallies or if the

AI infrastructure starts getting

attention, you get exactly the kind of

force buying we're talking about with

Avis. So what am I seeing on this chart

that I'm liking? Well, I see the lows.

Low there, low there, low here. sort of

bottoming out, inverse head and

shoulder, you might call it, which

actually is probably the only chart

pattern that I actually care about. And

then we got lows that are go higher and

higher and higher. We actually grinding

our way quite up, up quite nicely. Now,

this won't go up in a straight line. I

guarantee you that. There too many

losers in this already if you're going

to want to sell every time we get a

little bit higher. But it's moving and

it's showing signs of this could be an

interesting one, which is why I'm

mentioning it. I'm not telling you to

buy it. I want to be very, very clear

with that. Now, of course, you have to

know when to sell and how to set it up.

And I think you have a responsibility

and you have to think responsibly about

position sizing and everything else and

think about how it fits into your

portfolio and all of that. But the quick

ball case for each of these is Comvold

cyber security resilience. It's a

non-negotiable spending a billion in

revenue punished pretty harshly.

Expensify teenytiny beaten down

management buying back shares embracing

AI and then Ma Marat the biggest short

squeeze candidate we have here pivoting

into AI energy infrastructure. Now are

there more layers to this particular

French onion? Yes, of course they are. I

can't teach you everything there is

about investing in sort of a 20inut

video which is precisely why I'm running

a live workshop. You can ask me

questions. I'm doing that for you guys

on Fless Day. Women of course are also

welcome. we are um not that sexist yet.

Um and honestly, I'd encourage you to

bring your bring your better half, bring

your teenage children if you have them,

and learn together because the skill of

managing money is I think the most

powerful skill we're going to acquire.

And I'm going to walk you through a much

more detailed run through of setups, not

just for software, but for everything.

And I truly believe the old playbook,

this buy and hold playbook, it doesn't

work anymore. not for stocks. It doesn't

even work for sector index funds. It

probably works for the S&P 500. I think

that's a very very very fair thing to

say and I would never discourage anybody

from from buying the S&P 500. Um it'll

give you average returns in the long run

if you've got a long run. But many of

you are buying stocks. Many of you are

buying AI or space or quantum or

whatever index funds. So you're not a

buy and hold person. You tell yourself

that, but you're not really. you're

actually making selections and in that

world buy and hold I think is very very

dangerous because the speed at which

money moves around is now greater than

ever. It's how Wall Street makes money.

Technology disruptions are faster and

faster and faster. And you know we used

to have the leading phone company in the

world. What was it called? Nokia. Right.

And then there was Blackberry for

business. I used to love my Blackberry.

Um that's when I was a banker. You can

tell how many years ago that was. And

then they pretty much went out of

business. Yeah, they're still around,

but you know, the product is dead. Cisco

was the most exciting software company

around. And you can think of thousand

such examples. The money went into them

and the money left and it's found

somewhere better to make more money. So

come and join me on Sunday. It'll be

free. It'll be live. It'll be two hours.

I'll teach you the system that I use

every single week. Whether you're an

investor, whether you're a trader,

whether you're buying stocks or index

funds, or if you're just interested in

how to responsibly grow your

investments, protect your investments,

come and join us, wealthmachine.org is

the link is the link down below in the

description and in the comments. And if

you got some value from this and if you

think someone might get value from the

live workshop, send them the link, share

it with the people, and I wish you all

the best. If you missed Palanteer, if

you missed SpaceX, if you missed the

quantum rally, then what I'm about to

show you might be the single biggest

investment theme of the next decade.

Last year, I showed you quantum