AM Session: Semis Lead, Hedges Up, Eyes on VIX and Yields

Risk-on… with a helmet. AI-linked semis are pacing the tape early (10:00 ET), while we keep hedges honest and stops tight.

Market tone: Tech bid, breadth mixed. Yields and the dollar are the bouncers at the door; VIX hovering in a watch zone.

Headlines we care about:
- UPS and Andlauer Healthcare Group (AHG) announced a deal focused on healthcare logistics scale and cold-chain capabilities. Source: Company newsrooms — UPS, Andlauer.
- Thermal is the new moat: Eaton and Boyd Corp. news flow highlights demand for advanced cooling and power distribution tied to AI infrastructure buildouts. Sources: Eaton newsroom, Boyd Corp. news.

Our positioning (spec swing):
- Core: AI semis exposure (NVDA/AMD/SMH).
- Tactical: DRIP for oil downside skew; UVXY small hedge.
- Singles: DELL, GE, GM, UPS, INTC — selective and time-framed.
- No position sizes disclosed; risk managed.

Stops/discipline: Raise-only floors. No lowering stops; trail winners, cut laggards without debate.

What’s Next (into the close):

• VIX > 20 = tighten risk, consider trimming beta.
• UST yields and DXY — higher for longer tone will test tech.
• Oil: breakout vs. DRIP — confirm or fade.
• Policy tape-bombs: tariff/export-control chatter for chips and autos.

Attribution: Company newsrooms linked above; broader market data via public market dashboards and exchange feeds.

Suggested tags: Markets, AI, Semiconductors, Risk Management, Options, Macro