Sold TSLA @ $460.00
Sold AMD @ $258.30
Sold RIOT @ $22.70
Sold AAPL @ $268.63
BLOG does NOT give buy or sell.
US stock market is giving one day rest to regroup infrequently....
BUT technicians read too much into it....
OH 5 day support is broken
OH 10 day support is broken
And god forgive 21 day line may be going....
BUT
That analysis is good for 1 day only...
Next day whole thesis is shot....
BUT they have a final verdict
I would have preferred testing of 50 DMA....
US stock market is having " best momentum since 1997- 1999 "
AI & QUANTUM is the keyword
100s of companies are running away with momo driven AI/ Quantum focus
Magnificent 5 are in the front lead while 2 are lagging badly....
Message of the market has been " clear since 2023 "
Follow the money....nothing too technical about that...look @ frequently gainers list & new 52 wk high list....
Here is how my last week ended :
Last week UP .73%
YTD UP 69.12%
Here is my weighting based on 72% exposure with " house money "
UBER 40.00%
TSLA 25.73%
AAPL 13.11%
AMD 10.96%
RIOT 7.48%
GOOG 2.72%
BLOG does NOT give buy or sell
Saleem
Sold PONY @ $18.05
Added 150% TSLA @ $423.27
Current portfolio mostly bought in early pre-market
AMD AAPL RIOT & TSLA
UBER.NE from before...
BLOG does NOT give buy or sell.
Saleem
US stock market has entered a very difficult stage where many stocks are pulling back in a hurry.
IF your thesis was, that year end, will be easy sailing, you are already witnessing a very challenging environment....
Looks like, we have entered the-most difficult phase of this 3 year run....
NO, it requires " serious rethink outside your well defined BOX "
It is very easy to lose money NOW, as stocks within the same sector pullback hard
Mag7 behavior is the same, mostly stuck in the mud....
2026 may be losing year for markets as most good news is priced in already...
Here is how my last week was :
Last week UP 5.84%
YTD UP 68.39%
Here is my weighting on 44.72% exposure :
UBER 63.70%
ASPI 23.98%
PONY 12.32%
Based on my historic 3 year run, I have pulled out my entire funds plus way more from profits and plan to use only a small portion of my profit going forward.....
BLOG does NOT give buy or sell.
Saleem
BOUGHT PONY @ $19.99
Bought ASPI @ $11.60
BLOG does NOT give buy or sell.
Saleem
Sold AMD.NE @ $43.50....
Sold 50% SHOP.TO @ $220.34
BLOG does NOT give buy or sell.
Saleem