Many times in history, US & world market go in total euphoria in celebration of all system go.....
Are we in that same mode as Y2K euphoria......
IT could be the same environment...based on the following key facts :
US & CHINA have a historic trade deal
US Federal Reserve policies are extremely favorable for bulls
5 G is coming, the next revolution of nano second everything
Majority of traders and Investors are " under weight in equities "
New Year allocation will be heavily shifting to equities
Year end performance bonus are @ risk for many hedge funds and institutions...they have to play catch up to boost their returns or show they are in right stocks....
RSI is very reasonable @ all time high levels.....lots of room for euphoria to get going
SO.....it all adds up to Y2020 boom in world markets......
Do not be the last one one IN.....
Get your exposure high high high....
Time is right.....
Good luck with your own strategy!
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Last week: +1.94% (YTD: +14.83%)
Notable Winners: DDOG VICR GTLS TRIL, PTON ZM good high sells
Notable Losers: CSOD BHVN CRWD CSTL
I thought it was going to be a "consolidation" week unless Friday really spiked the portfolio for me as some of my high growth stocks finally performed. As you mentioned, we are definitely in melt-up mode as we approach year end--there's just no institutional sellers left for any stock that has good gains recently. I look for this trend to continue, but realizing that the higher we go now, the more we might have to give back in January on actual profit taking.
Holdings: PLAN LITE VICR ENPH GTLS DDOG AVLR PTON CSOD BHVN CSTL TRIL, cash 0.0%
Stocktrader
Hi Stocktrader,
Last week UP 8.00%
YTD UP 67.39%
Saleem
Hi Saleem,
Nice week--CIEN really performed!!
Stocktrader
Hi Stocktrader,
Thanks for your feedback !!!
Saleem
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