Discretionary Spending: Homes, Travel & Brands

Own businesses selling discretionary household purchases: housing, home improvement, travel, branded footwear and restaurant meals. With market breadth soft and several consumer-facing franchises below their highs, this basket targets a potential spending recovery rather than another AI infrastructure cycle. The opportunity depends on resilient household demand; weaker employment or tighter consumer credit would undermine it. Launch basket (equal weight): HD, BKNG, NKE, UBER, MCD, DHI, LEN, CCL 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.