Theme Card

Last updated: 29 May 2026

What is a Theme Card?

The Theme Card is an on-demand snapshot of a named investment theme — a curated group of stocks tied to a shared thesis. Ask Thay about any theme (SOFTWARE, MAG7, SEMI, PHOTONICS, etc.) and a Theme Card is returned alongside the analysis. The card shows two benchmark indices for context, every stock in the theme, current prices, day changes, after-hours data, and a PT tag for each ticker.

Example — SOFTWARE theme
SOFTWARE
S&P500: –0.31% | QQQ: +0.42%
NOW HYPER-DRIVE
1,042.80
1,045.20
+2.14% +0.23%
SNOW SURFACE-BREACH
198.44
199.10
+1.88% +0.33%
MSFT RUBBER-BAND
418.22
418.05
+0.54% –0.04%
ORCL AFTER-PARTY
162.08
162.40
+0.31% +0.20%
CRWD COOL-DOWN
379.02
378.60
–2.08% –0.11%
PLTR DROWNING
128.06
127.88
–0.88% –0.14%

Available Themes

Thay supports 21 named themes. Each theme has a fixed set of representative stocks and a benchmark pair. Ask Thay by theme name to get the card.

TECH
S&P500Tech
SOFTWARE
S&P500NASDAQ
SEMI
S&P500NASDAQ
MAG7
S&P500NASDAQ
PHOTONICS
S&P500Tech
QUANTUM
S&P500NASDAQ
ROBOTIC
S&P500NASDAQ
SPACE
S&P500NASDAQ
DRONES
S&P500Industrials
DEFENSE
S&P500Industrials
ENERGY
S&P500Energy
NUCLEAR
S&P500Energy
AI POWER
S&P500Utilities
FINANCE
S&P500Financials
FINTECH
S&P500Financials
HEALTH
S&P500Healthcare
BIOTECH
S&P500Healthcare
INDUSTRY
S&P500Industrials
COMM
S&P500Comm Services
STAPLES
S&P500Staples
CHINA
S&P500China

Benchmark Bar

Below the theme name, the card shows two benchmark indices for that theme. S&P500 is always the first — it gives broad market context. The second index is the most relevant sector or factor ETF for the theme. Together they tell you whether the theme is outperforming or underperforming its relevant benchmark.

Reading the benchmark

If the theme is outperforming both benchmarks, it has genuine leadership. If the theme is underperforming its sector ETF, the weakness may be theme-specific rather than sector-wide. A theme up while both benchmarks are red is showing unusual relative strength.

Stock Rows

Each stock in the theme occupies one row. The structure is identical to the Watchlist Card: logo + ticker + tag, current price, day change, and after-hours data. Stocks are curated by Thay for each theme — not your personal watchlist.

Single row — leading stock
NOW HYPER-DRIVE
1,042.80
1,045.20
+2.14% +0.23%
Single row — lagging stock
CRWD COOL-DOWN
379.02
378.60
–2.08% –0.11%
Column What it shows
Logo / Ticker Company logo and ticker symbol. The PT tag sits beneath the ticker — one tag per stock, the highest-priority signal from the PT engine at the time the card was generated.
Price Last traded price at the time of card generation. When the market is open this is the live price; when closed, it is the official closing price.
Day Change % Percentage return from the previous session's close. Always the regular-session change, not including after-hours.

After-Hours Data

Each row shows a second pair of numbers below the main price and change. These are the after-hours (or pre-market) figures, marked with a moon icon.

Column What it shows
Price The last traded price in the after-hours or pre-market session.
Change % The percentage change in the extended session, calculated from the regular-session close.
After-hours volume is significantly lower than regular-session volume. Treat after-hours moves as directional signals, not definitive price discovery.

PT Tags

Each stock row carries one tag — the highest-priority PT signal for that stock at the time the card was generated. The tag logic is identical to PT Cards and Watchlist Cards. One tag per stock, dominant signal only.

REAL-BREAKOUTHYPER-DRIVESURFACE-BREACHRUBBER-BANDAFTER-PARTYCOOL-DOWNDROWNINGPANIC-DUMP

40+ PT tags in total, for the full list with logic and drivers for each, view PT Tags Library

How to Read a Theme Card

Start with the benchmark bar. Then scan for divergence within the theme.

1
Read the benchmark bar

Check S&P500 and the theme's sector ETF. If both are green, the broad market is supportive. If both are red, you need a strong reason for individual stocks in the theme to buck the trend.

2
Find the leaders and laggards

Within a theme, not all stocks move together. Scan for the stocks with the strongest green and the deepest red — these are the ones defining the narrative. A theme that looks mixed often has one or two stocks distorting the overall picture.

3
Read the tags for conviction signal

A leading stock with HYPER-DRIVE or REAL-BREAKOUT has momentum backing its move. A leading stock with RUBBER-BAND or COOL-DOWN may be running on fumes. Tags add the PT engine's read to each stock's price action.

4
Drill into PT Cards for any stock that stands out

The Theme Card is a scanner. When a stock's tag or price move grabs your attention, ask Thay for its full PT Card. The PT Card gives you the complete picture: price levels, support and resistance, indicators, and RR.