Sunday, April 26, 2020

US market keep marching to its own drum.....

Now we are in the week of major earnings report, most will do as expected, some will exceed and some will miss......

Future guidance may not be as bad as expected as we are ready to open most economic activity starting in May, so it will be 1 full month June of activity.....

Market always looks ahead, so be wary of 48 hours view of some pundits...

We have almost seen the low point, so its gradual move up to full blast starting in July 2020...

China is well ahead of the world and is already open for full business, China is the one supplying majority of the mask for entire world already.....

Macau is in business

Las Vegas is rolling the dice

Georgia........

There is great optimism for North America opening up sometimes in May.....

SO..lets gear up and position for near term improvement from abyss.....

On a side note, it is year 14 for this BLOG, started this BLOG on April 15th, 2007......til this date have written 7,189 BLOG.......

Reach of this BLOG is worldwide and have daily visitors from @ least 15 countries, majority of my audience is in USA...so a huge thank you.....I did go to University Of Hawaii and met my wife from Nepal there on US East West Center 4 years all paid Scholarship.

My entire family, 4 brothers & 2 sisters with their children,  plus my mother live in USA.

Second most visitors are from Europe and they keep taking turns with most from Russia, Ukraine, UK, Germany, France, Portugal, Ireland and yes Canada always ties in 3rd place.....so a huge thank you for all nationalities all the way to Africa.....China, Hong Kong, India figure prominently....

I sincerely hope that my effort is worthy of your time and please keep visiting!

BLOG does NOT give buy or sell.

Saleem

19 comments:

  1. Hi Saleem,

    Congrats on such a broad visitor base - you have been a rock through many hard times over the years!

    Last week: +1.16% (YTD: +5.26%)
    Notable Winners: BHVN CRWD BAND WEN GTLS
    Notable Losers: PLCE WFC WDC

    The market continues to be difficult with rotating winning/losing sectors from day to day. I am trying to be nimble and thoughtful, but I may be straying too far from my normal comfort zone. I plan to pare back some positions this week and wait for opportunities after some earnings are reported.

    Current holdings: BHVN GTLS WEN AVGO KRA WFC HUYA ELF PLCE ASH TER, cash 0.0%

    Stocktrader

    ReplyDelete
  2. Hi Saleem,

    Sold WEN @ 19.15 on meat price/supply concerns

    Sold WFC @ 27.21 on questionable future profitability

    Sold PLCE @ 24.88 on troubled mall dynamics

    Stocktrader

    ReplyDelete
  3. Hi Saleem,

    Sold ELF @ 10.80 on unknown beauty trends in the future

    Stocktrader

    ReplyDelete

  4. Hi Stocktrader,

    Last week UP 9.25%

    YTD Loss 7.73%

    Thanks for your appreciative note, it has been an immense pleasure to interact with you daily in trading activities.

    Saleem

    ReplyDelete
  5. Hi Saleem,

    Bought CGC@15.90(PreMarket) and PS@15.60 today.

    Holding LVGO, BHVN, CNX, ONEM, VIR, BLPH and ALT too.

    Thanks

    Paramjeet

    ReplyDelete

  6. Hi Paramjeet,

    Good luck with CGC & PS...

    Good luck with your portfolio!

    Saleem

    ReplyDelete
  7. Hi Paramjeet,

    Good to hear from you again - hope all is well!

    Good luck with your portfolio!

    Stocktrader

    ReplyDelete
  8. Hi Saleem,

    The one stock I was going to buy today I completed missed as it was rising while I was working on my other sells. CWH seems like an obvious beneficiary of altered vacation plans going forward, likely for many years.

    Stocktrader

    ReplyDelete

  9. Hi Stocktrader,

    CWH looks very good...price is not a factor..just crossed 50 & still below 200 DMA

    Still a screaming buy.....

    Saleem

    ReplyDelete
  10. Hi Saleem,

    Bought CWH @ 8.72

    Stocktrader

    ReplyDelete

  11. Hi Stocktrader,

    Good luck with CWH...

    Saleem

    ReplyDelete
  12. Hi Saleem,

    I feel a little silly with those early aggressive sells when a little patience could have yielded even more gains today, but I can't be displeased as I approach all-time highs in the portfolio.

    It is never easy in the stock market...

    Stocktrader

    ReplyDelete
  13. Hi Saleem,

    Sold KRA @ 10.36 to take profits

    Stocktrader

    ReplyDelete
  14. Hi Saleem,

    Sold GTLS @ 35.81 to take profits

    Stocktrader

    ReplyDelete

  15. Hi Stocktrader,

    I think we both nailed the timing perfect @ low of the year....

    I am extremely pleased with the outcome after a dismal start.

    NOW....stay long and strong!

    Saleem

    ReplyDelete
  16. Hi Saleem,

    Bought ETF NAIL@13.30 earlier today. With economy opening the Homebuilders and Supplier segment is bound to benefit.

    Happy Trading!!

    Paramjeet

    ReplyDelete

  17. Hi Stocktrader,

    Added 100% AMD @ $56.40

    Saleem

    ReplyDelete

  18. Hi Paramjeet,

    Good luck with NAIL....

    Saleem

    ReplyDelete
  19. Hi Saleem and Paramjeet,

    Good luck with the new positions and added exposure!

    Stocktrader

    ReplyDelete