While you were crying about tech, I was counting money

Hey, it’s Gianni here. 

I'm sitting on more cash than I've held since April, and you know what? 

I couldn't be happier about it.

While everyone's having a meltdown about NASDAQ being down half a percent, I just finished booking some ridiculous gains…67% on RobinHood… 33% on Riot…and a slew of others. 

I think the funniest part is watching people panic about this tech rotation like it's some surprise. 

I mean, come on - the Dow hasn't even made new highs while tech got completely extended. The writing's been on the wall for weeks.

That being said, here's what nobody's talking about while they're busy crying about semiconductors: 

Healthcare just ripped 1.5% higher. Gold broke out of a three-month dead zone. BYD - Tesla's Chinese competitor - is up 4.5% today.

You know what that tells me? The smart money isn't panicking - they're quietly moving into what everyone else is ignoring.

I'm especially sizing up biotech right now because it's been absolutely dead for five years, but AI's about to completely revolutionize healthcare. 

Plus you've got massive regulatory changes coming. 

That's a setup that gets me excited.

But here's my real contrarian take: Tesla reports tomorrow and everyone's expecting disaster after Netflix face-planted post-earnings. I'm actually warmer on Tesla than Google going into these numbers. When everyone expects disaster and the setup still looks strong, that's usually when contrarian plays pay off big.

WATCH: See exactly how I spotted these rotation plays while everyone else was panicking about semiconductors 

See you in the TheoTrade Chatroom tomorrow morning. 

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—Gianni Di Poce