Leisure Spending: Travel, Dining & Entertainment

This basket targets discretionary spending on trips, dining, entertainment and athletic recreation rather than advertising or enterprise technology budgets. It combines booking and mobility platforms with businesses that directly sell leisure experiences and products. Recent weakness in Booking, Uber, Netflix, McDonald’s and Nike offers an entry point, although a consumer slowdown could prolong the drawdown. Launch basket (equal weight): BKNG, UBER, NFLX, MCD, NKE, MAR, HLT, CCL, RBLX, TTWO 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.