Enterprise Systems of Record

Own the databases and application platforms that preserve companies' financial, customer, operational and regulated records, rather than another basket of AI agents. These embedded systems benefit from difficult migrations and the need for dependable, auditable information regardless of which AI interface wins. Recent gains in Salesforce and Snowflake alongside weakness in Intuit offer a mixed entry backdrop rather than a uniform momentum chase; valuation and software competition remain risks. Launch basket (equal weight): ORCL, SNOW, CRM, INTU, NOW, SAP, MDB, VEEV 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.