SIGNAL OF THE DAY

The "Great Sector Rotation" has Wall Street fleeing high-multiple technology stocks for Energy, Materials, Industrials, and Consumer Staples. The Russell 2000 outperformed the S&P 500 for 14 consecutive trading sessions—a streak not seen since 1996. First Majestic's 2026 guidance shows tactical pullback to 13.0-14.4 million ounces, pivoting to "margin over volume" as silver closed at 189% year-on-year gains on March 2.

The rotation signals capital is pricing scarcity in atoms, not bits. The market now rewards businesses with "physical moats"—those that own the power, the materials, and the machinery.

COVERAGE PULSE

POET: Lightwave Innovation Award validates Teralight optical engines, driving 12.75% gains as OFC 2026 presentation approaches March 16. Hedge fund stakes 9.99% position amid unusually active options trading.

UUUU: Stock surged 9.6% on doubled 2026 production guidance before retreating 8.51% on geopolitical uranium tensions. Senior VP Curtis Moore sold 10,000 shares for $231,100.

AG: $1 billion cash hoard from record 15.4 million ounce 2025 output positions First Majestic as Keith Neumeyer's $100 silver call materializes amid "new pricing paradigm". Santo Niño resource estimate due end of March.

PLSR: Jetstream #7 encounters 953 psi pressurized gas at 2,107 feet with visible influx. 100% success rate maintained across all Jetstream wells as drilling continues toward 3,000 feet target.

WHAT THE MARKET IS NOT TALKING ABOUT

The DeepSeek V4 and R1 architectures proved frontier-level AI performance at a fraction of hyperscaler costs, sparking a "valuation crisis" across software. Enterprise software firms saw 20% to 30% retracements from all-time highs by early March.

Physical infrastructure suddenly matters more than digital models. The $5 trillion "One Big Beautiful Bill" Act restored 100% bonus depreciation, funneling billions into heavy industry. Energy and materials are being treated as essential hedges against a reflating, resource-constrained economy.

SIGNAL Industrial demand from solar and electric vehicles consistently outpaces mine supply. First Majestic lowers cut-off grades to extract previously uneconomical ore.

ON THE RADAR - Next 7 Days

March 16: POET presents Lightwave Award at OFC 2026 Los Angeles Convention Center. Key validation for optical infrastructure thesis.

End March: First Majestic Santo Niño maiden resource estimate. Over 95% recovery rates for silver and gold confirmed.

Late March: Pulsar Helium drill program concludes with well testing on Jetstream wells #5 and above. 953 psi pressure indicates robustly pressurized reservoir system at depth.

--- DamonSkye Research Daily Brief. Not investment advice.
The author may hold positions in securities discussed in this publication. All positions, if any, will be consistent with the analytical thesis presented. DamonSkye Research discloses material holdings at the time of publication. This is not investment advice. See full disclaimer.