Pre-Week Analysis: 22 Feb 2026

The market continues to be range bound with no clear direction where its headed. The last month and a half has been frustrating to say the least.

My portfolio distribution as it stands as of date is as below:

Portfolio	Ratio	% increase since Jan 1 2026
Santosh	39%	-8.78%
Satvik	20%	0.21%
Ritika	7%	9.94%
Reea Super	19%	4.47%
ReeSaa	4%	-0.83%
401K	11%	-2.19%

I run a portfolio of accounts under for my children as well as for SMSF, 401K and a small stock investing company which I plan to grow over time. I use my personal account to take risk before moving on to others.

This is why the account under my name "Santosh" sits at -8.78% YTD as I haven't touched the other portfolios yet as the market has been uncertain.

I finished my analysis for the week of 22nd Feb 2026. There are 3 categories of companies which are showing promise and might be in their early days as the market turns.

1. Mining Producers (Operators).

These companies are actively engaged in the exploration, development, and day-to-day operation of physical mines. Producers are "cyclical" stocks highly sensitive to the market price of the metals they extract and their own operational costs (labour, fuel, and equipment).

• ARIS (Aris Mining Corp)

• AUGO (Aura Minerals Inc.) — Operates gold and copper mines in Brazil, Mexico, and Honduras.

• CDE (Coeur Mining, Inc.)

• ERO (Ero Copper Corp)

• NGD (New Gold Inc.)

• ORLA (Orla Mining Ltd)

• SVM (Silvercorp Metals Inc.)

2. Royalty and Streaming Companies

These companies provide upfront capital to mining operators in exchange for a percentage of the production ("stream") or revenue ("royalty"). This model offers exposure to commodity prices with lower risk than traditional mining, as these companies avoid the high costs and environmental liabilities of mine construction and operation.

• FNV (Franco-Nevada Corp)

• OR (Osisko Gold Royalties Ltd)

• RGLD (Royal Gold, Inc.)

• WPM (Wheaton Precious Metals Corp)

3. Information Technology: Semiconductors

These companies design or manufacture the hardware that powers modern computing. Their value is driven by technological cycles and global demand for data centers, AI, and consumer electronics.

• MU (Micron Technology Inc.): A global leader in memory (DRAM) and storage (NAND) chips.

• SKYT (SkyWater Technology): A U.S.-based semiconductor foundry.

• SNDK (SanDisk): No longer trades independently; it was acquired by Western Digital.

I will look to focus on the above list of stocks if the market shows promise.