Sunday, October 3, 2021

US stock market climbing wall of worries...

 US stock market has many worries to tackle...

Will Fed Governor stay or not

Supply chain disruption impacting whole world

China facing energy issues

Natural Gas UP 100.97% YTD.....

Inflation is rampant around the world...

Winter is coming, will add to more cost to consumers..

Gasoline UP 91.46% in last 12 months...

Grocery items doubling on many items in last 12 months...

Pandemic is finally taking a toll in everyone wallet....

Fed is losing inflation battle....may have to react quicker and with more intensity.

Reopen of world economy is passing all added cost to end user.....

Stock market has been gyrating to reflect all of the above....

Rotation has taken hold.....

Reopen stocks are breaking out.....Airlines first to do so....

Technology approach of  " buy & hold " will not work....

Technology will take a back seat

By the time reopen catches UP fully...that is a 2 year cycle going forward...

Markets have changed...

Go with " new flow of reopen "

Bitcoin to the moon...is the-new slogan

Airlines, Cruise lines, Gaming, Hotels, Energy stocks are in vogue NOW

Please go back to drawing board and adjust your portfolio to " reopen stocks "

Markets will remain volatile until Fed gets going on Tapering.....

Good luck with your own take on past vs future..

BLOG does NOT give buy or sell.

Saleem

11 comments:

stocktrader_1996 said...

Hi Saleem,

Last week: +2.94% (YTD: +41.46%)
Notable Leaders: BMEA SQQQ KRUS FSLR
Notable Laggards: ZENV DDD AA MNST

I think the most striking feature of the past week is that the small cap index was barely lower (-0.3%) even as the larger indices moved down significantly (SPX -2.2%, COMP -3.2%). The receding Delta scare has driven interest rates higher with increased spending scrambling for goods in the face of still-disrupted supply chains. Everything from energy to semis to labor remain in short supply and will likely be the story in the medium term as the Fed attempts to adjust monetary in the face of these issues. All this puts the market rally on shaky ground, but ultimately should resolve after a digestion period. I think the time is right to select long term winners in diversified sectors. I am currently less negative at these levels but remain somewhat hedged due to unusually large downside risks in some adverse scenarios.

Holdings: SQQQ TZA AGCO FSLR ZIP FDX ESTC PLAY LYFT SNAP AA CHK MNST KRUS DDD BMEA ZENV, cash 0%

Stocktrader

Stocks100 said...


Hi Stocktrader,

Last week Down .29%

YTD UP 5.20%

Saleem

Stocks100 said...


Hi Stocktrader,

Sold 15% CNX @ $13.07

Bought SOL @ $6.31

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the profit taking and swap!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold SQQQ @ 9.08 to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought GM @ 54.66 on chip shortage alleviation and Cruise division aspirations

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought speculative position in GRWG @ 23.42

Stocktrader

Stocks100 said...


Hi Stocktrader,

Sold LSPD @ $114.75 in Toronto

Added 150% MGM @ $44.72

Good luck with GRWG & GM.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the re-positioning!

Stocktrader

Stocks100 said...


Hi Stocktrader,

Sold PLTR @ $23.25

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with next pick!

Stocktrader