Derated Software Franchises: Drawdown Rebuild

Several large software and platform franchises sit far below their 52-week highs even though AI infrastructure names are at or near highs. The basket holds recurring-revenue software companies that the market has marked down. It bets on a rebuild if enterprise AI spending reaches their products. It avoids the AI hardware names that other launches already hold. Launch basket (equal weight): ADBE, INTU, ORCL, IBM, APP, CRM, NOW Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.