US stock market can create tremendous opportunity to make money, we may be staring @ that moment NOW....
YES latest issue is current flare up in Middle East
YES...Israel & Iran exchanging war of words....so far words only...an old ritual which keeps playing..
Sooner or later sanity will prevail as we cannot afford another disruption in economic activity....
Slight hint of peace overture will see a huge jump in markets worldwide
BUT you will only participate in this jump IF you are positioned in this volatile TAPE
YES...nothing is ever " all clear "
Wall street keeps climbing wall of worries....be it Inflation, High Interest rates, US Government shutdown or another flavor of the day....
One must understand, there is always a "resolution to all problems of the world "
Always take any weakness as a reason to BUY or REPOSITION or ADD.....
History of wall street IS AN ASCENDING chart which cannot be disputed....
YES there are pullbacks along the way which gives everyone another chance to RETHINK...
SO...do your own homework & stay away from sensational TV reporting for ratings....
World is not coming to an end anytime soon....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
I am back for two days only to leave again tomorrow for Seattle!
Last week: -7.55% (YTD: +62.05%)
Portfolio Leaders: ZENV
Portfolio Laggards: TYGO LYFT IONQ PINS PLAY
It was a disastrous week for the portfolio as TYGO's revenue warning hit the stock hard. Even without that huge loss, other stocks in the portfolio also pulled back, marking another bad week ahead of the desperately needed earnings season. The Russell 2000 has turned decidedly negative on the year, indicative of the kind of market environment we have with rates having risen so much. It feels like we are near a maximum of negativity ahead of this week, so I am looking for a low bar to be cleared for many of these companies - a sort of "all clear" into year end.
Holdings: LYFT(1.5x) SNAP NVDA AGCO PLAY PINS IONQ HIMS TYGO ZENV(0.25x), cash 0%
Stocktrader
Hi Stocktrader,
Last week Down 4.05%
YTD UP 87.88%
Saleem
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