Health update 2.....

 As you all were aware that I am under treatment by a very competent Cardiologist.

I am responding well to his treatment of 6 medications...

It has been Since November 17th that I was diagnosed with heart ailment.....

I have not only lost 40 pounds of weight in last 9 months mostly due to trauma of losing my " soulmate " of 56 years.....

BUT that trauma resulted in " heart condition & for the first time in my life, I was in Cardiac ward for 3 days......

YES..I am still much " weaker than before "

Heart condition has contributed big time to " losing strength " to do small chores in the house....which IS very disappointing knowing " how active I like to be "

YES...I have to control or minimize most " stress " so my health & heart can get more strength....

Part of that review did force me to think to cut back on my BLOG writing....

I started this BLOG in April of 2007.....in my 18th year now.....

Based on current health needs, I will only post when I sell something or buy something.....PLUS a weekly recap of Portfolio weighting with weekly gains / loss plus my view of US stock market....

All this on Sunday every week....

Hope this will be acceptable based on current health needs....

As always, It has been my utmost pleasure to write this BLOG and reply to all comments.....

I thank all daily visitors to this BLOG which was always a source of pride for me, sometimes there are 4000+++ daily visitors....

Thanks for all the reaction & messages, much much appreciated!

By the way added 30% RIOT @ $10.70.....rest remains unchanged....

Until Sunday.....the 5th January.....2025

Enjoy your Christmas & a very happy 2025!!!!

BLOG does NOT give buy or sell.

Saleem

US stock market " overvalued "......

 While everyone is celebrating last 2 years of stunning gains in US stock market.....there is lot to be concerned and worrying going forward.....

From any measurement US stock market is " the-most overvalued in the world"

US combined PE is a shocking 25.69

Canada combined PE is 18.21

China combined PE is 8.87

By the way, average PE of US in last 20 years has been 16.15.....

Currently in USA IT PE is 38.12......

Even in PEAK of Y2K bubble.....highest combined PE was around 24......vs current 25.69

To say the least.....

Current euphoria & frenzy has to come down in a hurry......

I am expecting an extremely tough 2025....where Indices may not exceed 4% gain  and that too by end of 2025.......

First half of 2025 could be down 12%.......

Never mind all the hoopla of ......

Trump

AI

Quantum 

Musk

Everything has been played out & priced IN......

Wall Street fools too many people quite often.....& everyone becomes a genius until they start losing hard earned money......

YES.....I will be reducing my exposure to only 25%....

That exposure may be to overweight in GDXJ & Bitcoin.....2 area to hide until all the froth is GONE....In case you have not noticed Ethereum or any other Crypto currencies have not made any new highs...only Bitcoin seems to be working......and making new all time highs.....

Bottom line....please pay attention to " current frothy sentiment "

Cannot last too long.....

Always be afraid of Wall Street antics, they keep reinventing " bubble under new packaging "

PE matters.....

Even AI has not shown any real impact yet...after 2 full years.....

Search is still very " tedious "

Too much AI fluff being highlighted as progress......

NVDA has turned south

TSLA could be next.....

AMD is @ lowest point.....

All this is a telltale of things " changing RAPIDLY "

All I can say....

Good luck to all OPTIMISTIC & FEARLESS traders......

Maybe its time to hit.....ULTRA CONSERVATIVE exposure

No more than 25%.....

Cash is always KING !!!!

Good luck with your own thesis about market & exposure......

BLOG does NOT give buy or sell.

PS.....I am going on a quiet period for @ least 6 months.....

Last week Down 6.93%

YTD UP 67.63%

Saleem

Indices closed UP .94% to 1.18%...NICE !!!

 Indices closed UP .

S&P 500 @ 5930.85, high 5982.06, low 5832.30

Internals :

UP volume led by 4.71 to 1 in NYSE & 3.89 to 1 in Nasdaq    

Advancing stocks led by 2.84 to 1 in NYSE & 2.98 to 1 in Nasdaq

Net new lows were leading by 189 in NYSE & 411 in Nasdaq

VIX Down 23.79% @ 18.36

Oil @ $69.46

Gold @ $2647.90

Canadian $ @ .5643

Here is my weighting 

GDXJ      17.03%

MSFT      14.20%

AVGO     11.79%

AAPL      10.38%

MU          10.37%

CRM        9.13%

GOOG     8.90%

SMCI       8.08%

BTCC      6.98%

RIOT       3.14%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed....

 Indices closed mixed from green open.

S&P 500 @ 5867.08, low 5866.07, high 5935.52

Internals :

Down volume led by 1.47 to 1 in NYSE & 1.24 to 1 in Nasdaq

Declining stocks led by 2.18 to 1 in NYSE & 1.59 to 1 in Nasdaq

Net new lows were leading by 307 in NYSE & 701 in Nasdaq

VIX Down 12.78% @ 24.09

Oil @ $69.38

Gold @ $2607.50

Canadian $ @ .5628

Portfolio GOOG AAPL AVGO MU

MSFT BTCC CRM RIOT GDXJ SMCI...

BLOG does NOT give buy or sell

Saleem

Indices closed down 2.58% to 4.39%....

 Indices closed down near low of the day in frenzied selling.

S&P 500 @ 5872.16, low 5867.79, high 6070.67

Internals :

Down volume led by 11.03 to 1 in NYSE & 2.44 to 1 in Nasdaq

Declining stocks led by 9.48 to 1 in NYSE & 7.17 to 1 in Nasdaq

Net new lows were leading by 186 in NYSE & 473 in Nasdaq

VIX UP 74.04% @ 27.62

Oil @ $71.08

Gold @ $2653.30

Canadian $ @ .5659

Portfolio GOOG AAPL AVGO MU MSFT BTCC 

CRM QBTS ( AH $8.86) RIOT GDXJ SMCI

BLOG does NOT give buy or sell.

Saleem

Indices closed down .32% to 1.18%.....

 Indices closed down.

S&P 500 @ 6050.61, low 6035.19, high 6057.68

Internals :

Down volume led by 1.94 to 1 in NYSE & 1.07 to 1 in Nasdaq

Declining stocks led by 2.78 to 1 in NYSE & 2.50 to 1 in Nasdaq

Net new lows were leading by 101 in NYSE & 244 in Nasdaq

VIX UP 8.03% @ 15.87

Oil @ $70.08

Gold @ $2663.30

Canadian $ @ .5682

Portfolio GOOG AAPL MU

MSFT BTCC CRM RIOT GDXJ SMCI....

BLOG does NOT give buy or sell.

Saleem 

Indices closed mixed....

 Nasdaq closed @ new all time high.

S&P 500 @ 6074.08, high 6085.19, low 6059.14

Internals :

Down volume led by 1.66 to 1 in NYSE & .72 to 1 in Nasdaq

Declining stocks led by 1.27 to 1 in NYSE & 1.02 to 1 in Nasdaq

Net new highs were leading by 44 in NYSE & 102 in Nasdaq

VIX UP 6.37% @ 14.69

Oil @ $70.71

Gold @ $2670.00

Canadian $ @ .5765

Portfolio GOOG AAPL MU MSFT BTCC 

CRM TSLA RIOT GDXJ SMCI

BLOG does NOT give buy or sell.

Saleem

US stock market in next 14 trading days.....

 Next 14 trading days should be very interesting.....for US stock market....

AI is in vogue

Quantum Chip is in vogue

Bitcoin is in vogue

Chip & Memory makers are in vogue

BUT....

NVDA is left way behind.....?????

Many Indices are testing support ???

Few key stocks are making daily new all time highs????

Sound confusing......

Definitely CONTRADICTORY action......

Such IS the stage in US stock market these days.....

SO.....you can sit back and be an observer of all this....

OR

You could be part of these contradiction based on your trading style.....

US stock market is changing

Many many technicians have NO CLUE as to WHY......

Few things are very close to reality, some stocks are going higher & higher on a daily basis....TREND is definitely UP......

SO....going forward...WILL REQUIRE an ALERT & QUICK RETAKE on entire trading FOCUS.....

Good luck with your own analysis of this TAPE & your comfort level.

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed.....

 Indices closed mixed.....

S&P 500 @ 6051.09, low 6035.77, high 6078.58

Internals :

Down volume led by 1.91 to 1 in NYSE & 1.61 to 1 in Nasdaq

Declining stocks led by 2.23 to 1 in NYSE & 2.08 to 1 in Nasdaq

Net new lows were leading by 41 in NYSE & 120 in Nasdaq

VIX Down .79% @ 13.81

Oil @ $71.11

Gold @ $2678.50

Canadian $ @ .5755

Here is my portfolio weighting :

MSFT       16.00%

TSLA        12.14%

AAPL       11.11%

CRM        10.34%

SMCI       10.26%

GDXJ       9.82%

GOOG      9.73%

MU           8.65%

BTCC       8.11%

RIOT        3.84%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

Indices closed lower by .53% to 1.38%.....

 Indices closed lower some @ absolute low of the day.....

S&P 500 @ 6051.25, low 6051.25, high 6079.68

Internals :

Down volume led by 2.64 to 1 in NYSE & 1.21 to 1 in Nasdaq

Declining stocks led by 3.10 to 1 in NYSE & 3.16 to 1 in Nasdaq

Net new highs were leading by 23 in NYSE & lows by 21 in Nasdaq

VIX UP 2.5% @ 13.92

Oil @ $70.02

Gold @ $2705.20

Canadian $ @ .5818

Bought GOOG AAPL TSLA, MORE MSFT

Portfolio GOOG AAPL MU MSFT

BTCC CRM TSLA RIOT SMCI.....

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed.....

 Indices closed mixed while Nasdaq made a new all time closing  high of 20,034.90....

S&P 500 @ 6084.19, high 6092.59, low 6060.15

Internals :

UP volume led by .96 to 1 in NYSE & 1.04 to 1 in Nasdaq

Advancing stocks led by 1.27 to 1 in NYSE & 1.39 to 1 in Nasdaq

Net new highs were leading by 157 in NYSE & 342 in Nasdaq

VIX Down 4.23% @ 13.58

Oil @ $70.29

Gold @ $2756.40

Canadian $ @ .5870

Sold GDXJ

Portfolio MU MSFT BTCC CRM RIOT SMCI

BLOG does NOT give buy or sell.

Saleem

Indices closed down .30% to .42%.....

 Indices closed down.

S&P 500 @ 6034.91, low 6029.89, high 6065.40

Internals :

Down volume led by 2.12 to 1 in NYSE & 1.53 to 1 in Nasdaq

Declining stocks led by 1.88 to 1 in NYSE & 1.89 to 1 in Nasdaq

Net new highs were leading by 75 in NYSE & 110 in Nasdaq

VIX Down 0.07% @ 14.18

Oil @ $68.59

Gold @ $2718.40

Canadian $ @ .5844

Sold TSLA

Portfolio MU MSFT BTCC CRM GDXJ RIOT SMCI

BLOG does NOT give buy or sell.

Saleem

Indices closed down .54% to .67%.....

 Indices closed near low if the day.

S&P 500 @ 6052.85, low 6048.63, high 6088.51

Internals :

UP volume led by 1.13 to 1 in NYSE & 1.39 to 1 in Nasdaq

Advancing stocks led by .80 to 1 in NYSE & .77 in Nasdaq

Net new highs were leading by 181 in NYSE & 468 in Nasdaq

VIX UP 11.12% @ 14.19

Oil @ $68.37

Gold @ $2688.40

Canadian $ .5874

Bought TSLA & MU

Portfolio MU MSFT BTCC CRM TSLA GDXJ RIOT SMCI

BLOG does NOT give buy or sell.

Saleem

US stock market in 2025......

 There is give & take 15 trading days left in 2024.....

2024 has been a clear cut win for leaders in each sector

2nd tier & 3rd tier got no chance to breathe as leaders jumped several 100% from its low

Many traders did not adopt to new strategies and were always trading in their comfort zone

Nothing wrong in trading in anybody's comfort zone as long as you are @ least close to market gains...BUT to lag badly needs a " serious review of your strategy.....

2024 was very easy to make money as many stocks displayed a well defined trading pattern.....which was begging to take advantage of......

Wall Street keeps changing and old formula's do not work in each bull run

Not every bull market " lifts all boat "

This is exactly where we get caught in our strategy...

It IS extremely important to " read the message of the market "

BUT we try to " tell market what to do "

Time & Money waits for nobody

Every moment / day we waste in NOT listening to market, we lose precious advantage in market...

Fast forward to 2025.....

Do you think that 2025 market will be like 2024 ?

I do NOT believe so

It will be a totally different market.....

Again you have to " closely monitor message of the market "

Can you imagine IF you misread message of the market AGAIN in 2025..... that will be a huge underperformance 2 years in a row.....which none of us can afford

SO...be extremely alert to any & all changes in 2025 game plan....

Making money is NOT all about TA which experienced traders rely on.....like 2024, 2025 will be about FA.....YES...Fundamental analysis......

I think that is " enough focus for those who are " too rigid " in their past expertise.....

Time keeps changing & Strategy needs adapting....

Good luck with your own focus & comfort level.

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed.....

 Only DOW was red, rest made a new all time closing highs....

S&P 500 @ 6090.27, high 6099.97, low 6079.98

Internals :

UP volume led by .89 to 1 in NYSE & 1.45 to 1 in Nasdaq

Advancing stocks led by .99 to 1 in NYSE & 1.32 to 1 in Nasdaq

Net new highs were leading by 256 in NYSE & 694 in Nasdaq

VIX Down 5.69% @ 12.77

Oil @ $67.20

Gold @ $2656.70

Canadian $ @ .5850

Here is my portfolio weighting :

GDXJ       28.65%

SMCI       21.63%

CRM        18.49%

BTCC      14.16%

MSFT      10.40%

RIOT       6.67%

Next post by 6 PM on Sunday!

BLOG does NOT give buy or sell.

Saleem

Indices closed down .17% to 1.25%.....

 Indices closed near low of the day on upcoming jobs report before open.

S&P 500 @ 6075.11, low 6072.90, high 6094.55

Internals :

Down volume led by 1.19 to 1 in NYSE & .90 to 1 in Nasdaq

Declining stocks led by 1.25 to 1 in NYSE & 1.59 to 1 in Nasdaq

Net new highs led by 304 in NYSE & 686 in Nasdaq

VIX UP .67% @ 13.54

Oil @ $68.30

Gold @ $2653.50

Canadian $ @ .5959

Sold CMG, SHOP, NVDA, TSLA & BTCC price & time details on previous page.

Portfolio GDXJ MSFT CRM SMCI

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .61% to 1.30%..NICE !!!!

 DOW, S&P 500 plus Nasdaq all closed @ new all time highs.

S&P 500 @ 6086.49, high 6089.84, low 6061.06

Internals :

UP volume led by .74 to 1 in NYSE & 1.57 to 1 in Nasdaq

Advancing stocks led by 1.26 to 1 in NYSE & 1.38 to 1 in Nasdaq

Net new highs were leading by 296 in NYSE & 935 in Nasdaq

VIX UP 1.13% @ 13.45

Oil @ $68.54

Gold @ $2652.14

Canadian $ @ .5925

Bought CRM.NE @ $28.79 in Toronto

Bought BTCC.TO @ $17.70

Portfolio CRM MSFT NVDA SHOP CMG GDXJ TSLA BTCC

SMCI....

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed....

 Indices closed mixed with all time closing highs in Nasdaq & S&P 500.

S&P 500 @ 6049.88, high 6052.07, low 6033.39

Internals :

Down volume led by 1.33 to 1 in NYSE & .99 to 1 in Nasdaq

Declining stocks led by 1.24 to 1 in NYSE & 1.39 to 1 in Nasdaq

Net new highs were leading by 260 in NYSE & 635 in Nasdaq

VIX Down .30% @ 13.30

Oil @ $69.94

Gold @ $2665.80

Canadian $ @ .5929

Sold AAPL.NE @ $35.40

Portfolio MSFT NVDA SHOP CMG GDXJ SMCI TSLA

BLOG does not give buy or sell.

Saleem

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 6049.15, high 6053.58, low 6035.33

Internals :

Down volume led by 1.64 to 1 in NYSE & .91 to 1 in Nasdaq

Declining stocks led by 1.08 to 1 in NYSE & .99 to 1 in Nasdaq

Net new highs were leading by 342 in NYSE & 796 in Nasdaq

VIX Down 1.26% @ 13.34

Oil @ $68.10

Gold @ $2658.00

Canadian $ @ .5923

Sold 51% SMCI.NE @ $13.50 in Toronto

Portfolio AAPL MSFT NVDA SHOP CMG GDXJ TSLA SMCI

BLOG does NOT give buy or sell

Saleem 

US stock market has last 20 trading days......

 2024 has come and ready to leave, we have only 20 trading day's left.

Normally @ this stage, it  is very good to review....

What went right

What went wrong

IF you deal with right & wrong in a specific, pointed & detailed manner, then only this exercise is worth it..

BUT IF your are going to sum it up in " one liner "

Then you have not taken this analysis seriously enough to benefit your strategy for 2025, it will be the same set of mistakes in 2025....

Making money on Wall Street is never easy in best of times...

2025 is expected to be more challenging than 2024....

Winners of 2025 will be the best of best....

AI will be in " overdrive "

Data security very important

Bitcoin should be much higher

Even Gold has pulse again

Uranium will benefit from electricity needs

SO....as you do your own homework for 2025 pay attention to Fundamental Analysis with more focus...

Good luck with your own take of how & why 2024 ended the way it did and hopefully a better 2025.....

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .42% to .83%...NICE !!!!

 Indices closed UP with DOW &S&P 500 in new all time highs.

S&P 500 @ 6032.38, high 6044.17, low 6003.98

Internals :

UP volume led by 1.43 to 1 in NYSE & 2.79 to 1 in Nasdaq

Advancing stocks led by 2.47 to 1 in NYSE & 2.59 to 1 in Nasdaq

Net new highs were leading by 323 in NYSE & 871 in Nasdaq

VIX Down 2.81% @ 13.51...52 week low 10.62.......

Oil @ $69.26

Gold @ $2652.50

Canadian $ @ .5981

Here is my weighting :

SHOP      38.44%

GDXJ      12.69%

CMG       11.46%

TSLA        8.95%

AAPL        8.25%

SMCI        8.10%

NVDA       7.70%

MSFT       4.41%

Next post by 6 PM on Sunday!

BLOG does NOT give buy or sell.

Saleem

Indices closed down .31% to .60%.....

 Indices closed slightly lower ahead of Thanksgiving holiday.

S&P 500 @ 5998.74, low 5984.87, high 6020.16

Internals :

UP volume led by 1.41 to 1 in NYSE & 1.60 to 1 in Nasdaq

Advancing stocks led by 1.64 to 1 in NYSE & 1.34 to 1 in Nasdaq

Net new highs were leading by 352 in NYSE & 628 in Nasdaq

VIX unchanged @ 14.10

Oil @ $68.72

Gold @ $2644.00

Canadian $ @ .5980

Portfolio AAPL MSFT NVDA SHOP CMG GDXJ SMCI TSLA...

Bitcoin came to life today....

BLOG does NOT give buy or sell.

Enjoy your Thanksgiving meal with family & friends!!!

Saleem

Indices closed UP .28% to .63%...NICE !!!!

 Indices closed near high of the day & in new record highs.

S&P 500 @ 6021.63, high 6025.42, low 5992.27

Internals :

Down volume led by 1.65 to 1 in NYSE & 1.27 to 1 in Nasdaq

Declining stocks led by 1.57 to 1 in NYSE & 1.51 to 1 in Nasdaq

Net new highs were leading by 306 in NYSE & 632 in Nasdaq

VIX Down 3.42% @ 14.10

Oil @ $69.50

Gold @ $2621.30

Canadian $ @ .5935

In my portfolio....bought NVDA.NE @ $32.30 in Toronto

Portfolio AAPL MSFT NVDA SHOP CMG GDXJ SMCI TSLA

Internals were mostly weak.....

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .30% to 1.47%.....

 Indices closed in all time highs in DOW & Nasdaq, Russell 2000 also blew past 2021 high....

S&P 500 @ 5987.37, high 6020.75, low 5963.91

Internals :

UP volume led by 2.29 to 1 in NYSE & 2.13 to 1 in Nasdaq

Advancing stocks led by 3.00 to 1 in NYSE & 2.64 to 1 in Nasdaq

Net new highs were leading by 796 in NYSE & 1792 in Nasdaq

VIX down 4.20% @ 14.60

Oil @ $68.94

Gold @ $2620.80

Canadian $ @ .5992

Portfolio AAPL MSFT SHOP CMG GDXJ SMCI TSLA

Rotation is in vogue.....

BLOG does NOT give buy or sell.

Saleem

Intense euphoria about " Trumponomics "

 I am witnessing a intense " euphoria " about any focus President Elect has indicated.....

YES...all that is a " major change from previous practices.....

BUT

Implementation takes time

Legislation will have a huge wait list

Cutting $3 Trillion from wasteful / efficient may take forever

Our latest darling " Bitcoin " has no end to higher & higher target

NOW Bitcoin has " Option trading ".....more & more fuel to Bitcoin fire....

In my many decades, I have NOT seen Euphoria of this level.....

My suggestion stay extremely underexposed in Bitcoin....

I Have " Zero exposure " in any bitcoin " as of 14 days ago....

YET Last week my entire portfolio was UP 18.55%

YTD UP 64.20%

This proves YOU do NOT have to take " unnecessary risk " when you can show conviction / patience in Non Euphoric ideas

I personally do not know or want to guess where Bitcoin will be until inauguration.....BUT there are tons of more stable ideas in front of you....which deserves to be in your portfolio

I have been a big proponent of Bitcoin for last 2 years and have made serious money from it.....

Please stay away from " Euphoric trades " until just before inauguration......

Good luck with your own thesis & comfort level.

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .16% to 1.80%...NICE !!!!

Indices closed near high of the day.

S&P 500 @ 5969.34, high 5972.90, low 5944.36

Internals :

UP volume led by 3.40 to 1 in NYSE & 1.93 to 1 in Nasdaq

Advancing stocks led by 3.19 to 1 in NYSE & 2.82 to 1 in Nasdaq

Net new highs were leading by 491 in NYSE & 865 in Nasdaq

VIX Down 9.66% @ 15.24

Oil @ $71.24

Gold @ $2706.00

Canadian $ @ .6010

Here is my weighting :

SHOP      39.63%

GDXJ      14.33%

CMG       12.87% 

TSLA       10.22%

SMCI         9.17%

AAPL        8.93%

MSFT        4.85%

Next post by 6 PM on Sunday.

Thanks Joseph for your prayers & best wishes!

BLOG does NOT give buy or sell.

Saleem

Hopefully will write Friday's BLOG....

 Yes came home Wednesday 7 PM.....

3 sleepless night

Lots of medication given....

Thursday slept whole day from Trauma & Exhaustion....

Hopefully Friday's BLOG should be on...

Thanks to Stocktrader, Stock Rookie, Michael & Ken and many others for wishing me well...

Saleem

Still in hospital….

 Went to hospital @ 730 AM on Sunday 

New diagnosis “ Atrial Fibrillation “ popularly known as AFIB.

Also was suffering from Edema where my feet was swollen.

After many X-rays and many blood tests, it was revealed that I have fluid in my lungs also.

Was given 3 sets of IV of Metoprolol… result my heart rate remained stuck in 145 BPM

Was given blood thinner also

Monday Chemical version was given which brought my heart rate to 115…

Cardiologist hopefully will do an Echo on Tuesday which should give him satisfaction that there is no heart ailment beyond AFIB

Edema is being treated with draining fluid which is showing good results.

That is my updated summary of my health challenges, please keep me in your prayers.

Hopefully I am looking @ Wednesday to get home!

Saleem 

US stock market, too much fear...

 US stock market is going through severe " digestive phase " which IS being played to the hilt with " extreme negativity "

After a huge gains in many sectors, It was natural to have " usual normal pullback "

BUT negativity is so extreme that one may be forced to sell healthy stocks....

Many stocks are behaving and above major support.....

YES....Investors & traders need to see that strong stocks are a great place to be going forward....

YES....some " highly touted story stock " is looking very shaky and may pull back to its support or slightly below ....

On the other hand, most maligned stock " may have started its recovery "

In other words, do NOT go with popularity, when they may be looking " wobbly "

Always do your " own research " and make your own decision.....

Stock market is a " tough place to make money in the best of times "

YES there are favorite stocks which gets hourly sponsorship in research & push on CNBC...but it only goes so far.....

Conviction & patience is the key to making money....

Good luck with your own research & comfort level...

My health is stuck @ 80% level and getting more complication, have to visit hospital first thing in the morning. May have to spend whole day for tests / results / diagnosis / treatment / medicine.

Last week UP 13.31%

YTD UP 45.65%

BLOG does NOT give buy or sell.

Saleem

Indices closed down .70% to 2.24%.....

 Indices closed near low of the day.

S&P 500 @ 5870.62, low 5853.01, high 5915.32

Internals :

Down volume led by 1.41 to 1 in NYSE & 1.37 to 1 in Nasdaq

Declining stocks led by 1.89 to 1 in NYSE & 2.29 to 1 in Nasdaq

Net new highs were leading by 9 in NYSE & lows by 255 in Nasdaq

VIX UP 12.79% @ 16.14

Oil @ $67.02

Gold @ $2567.20

Canadian $ @ .5919

Here is my portfolio weighting :

SHOP       43.00%

GDXJ       14.30%

CMG        13.00%

TSLA          9.88%

AAPL         9.28%

SMCI         5.42%

MSFT        5.12%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Indices closed down .47% to 1.37%.....

 Indices closed near low of the day.

S&P 500 @ 5949.17, low 594228, high 5993.88

Internals :

Down volume led by 1.61 to 1 in NYSE & 1.12 to 1 in Nasdaq

Declining stocks led by 1.80 to 1 in NYSE & 1.99 to 1 in Nasdaq

Net new highs were leading by 87 in NYSE & lows by 7 in Nasdaq

VIX UP 2.07% @ 14.31

Oil @ $68.70

Gold @ $2572.90

Canadian $ @ 59.71

Portfolio AAPL MSFT SHOP SMCI TSLA CMG GDXJ

Internals were mostly negative .....

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed....

 Indices closed mixed in an " overbought " market.

S&P 500 @ 5985.38, high 6008.19, low 5965.91

Internals :

Down volume led by 1.16 to 1 in NYSE & .84 to 1 in Nasdaq

Declining stocks led by 1.41 to 1 in NYSE & 1.54 to 1 in Nasdaq

Net new highs were leading by 258 in NYSE & 414 in Nasdaq

VIX Down 4.69% @ 14.02

Oil @ $68.43

Gold @ $2581.40

Canadian $ @ .6010

Portfolio AAPL MSFT SHOP CMG GDXJ SMCI TSLA

Inflation & yield is in focus now....

BLOG does NOT give buy or sell

Saleem

Indices closed down .09% to 1.77%....

 Indices closed down on profit taking.

S&P 500 @ 5983.99, low 5960.08, high 6009.92

Internals :

Down volume led by 3.13 to 1 in NYSE & 1.52 to 1 in Nasdaq

Declining stocks led by 3.48 to 1 in NYSE & 3.13 to 1 in Nasdaq

Net new highs were leading by 2852 in NYSE & 7037 in Nasdaq

VIX Down 1.74% @ 14.71

Oil @ $68.12

Gold @ $2604.90

Canadian $ @ .6039

In my portfolio :

Added 100% GDXJ @ $46.35

Bought TSLA.NE @ $30.95

Portfolio AAPL MSFT SHOP SMCI TSLA CMG GDXJ

SHOP had great earnings & strong guidance, stock was rewarded with 21% gains & new 52 week high

Market is tough & easy @ the same time depends on your portfolio.....

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .06% to 1.47%...NICE!!!!

 Indices closed UP again in new all time high.

S&P 500 @ 6001.35, high 6017.31, low 5986.69

Internals :

UP volume led by 1.63 to 1 in NYSE & 2.05 to 1 in Nasdaq

Advancing stocks led by 1.29 to 1 in NYSE & 1.28 to 1 in Nasdaq

Net new highs were leading by 724 in NYSE & 1762 in Nasdaq

VIX UP .20% @ 14.97

Oil @ $68.04

Gold @ $2620.20

Canadian $ @ .6074

In my portfolio :

Bought RIOT @ $14.21 in premarket & Sold @ $15.60

Sold BTC @ $7.50

Sold BTCC.TO @ $15.77

Bought SHOP.TO near close @ $125.30

Portfolio AAPL MSFT SHOP SMCI CMG GDXJ...

Bitcoin stole the show with all time high close....

BLOG does NOT give buy or sell.

Saleem

US stock market in MOMO mode.....

 US stocks got an incredible lift with the election of Donald Trump, his pro business focus has already created a "Bullish storm " in key sector of market.....

Bitcoin is already trading over $80,835 an incredible jump of $4300 as I write....Trump is taken as " huge supporter of Bitcoin as a reserve Asset for Treasury..... 

What I am really saying, President Elect has changed " investment landscape upside down "

Solar is in deep slump

It IS time to understand what has changed & why....

Investing / trading is all about " adapting to new reality "

Some stocks are behaving like a " runaway train " with tremendous throttle......

I have never seen " such a narrow set of stocks which is running so hard & fast.

There is no real playbook for this kind of " momentum "

You just " watch & learn from live stream "

Please do not ignore where " real momentum lies "

YES I had to adjust in a hurry also and may enter some trades again....

Also I may remove " laggard "

Serious money is being made " IF YOU GO WITH THE FLOW "

There is a new investment thesis " DO NOT FIGHT TRUMP IDEAS "

Good luck with your own analysis of what IS working on NYSE & NASDAQ biggest gainer list

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .09% to .71%....NICE !!!

 Indices closed @ new all time highs.

S&P 500 @ 5995.54, high 6012.45, low 5976.76

Internals :

UP volume led by 1.05 to 1 in NYSE & 1.22 to 1 in Nasdaq

Advancing stocks led by 1.70 to 1 in NYSE & 1.46 to 1 in Nasdaq

Net new highs were leading by 552 in NYSE & 1365 in Nasdaq

VIX Down 1.71% @ 14.94

Oil @ $70.38

Gold @ $2697.90

Canadian $ @ .6074

Here is my portfolio weighting :

CMG          25.49%

AAPL        18.55%

GDXJ       15.33%

SMCI       14.34%

BTC        10.53%

MSFT     10.33%

BTCC      5.43%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed.....

 Indices closed mixed but S&P 500 & Nasdaq made a new all time high.

S&P 500 @ 5978.67, high 5983.84, low 5947.21

Internals :

UP volume led by 1.33 to 1 in NYSE & 2.22 to 1 in Nasdaq

Advancing stocks led by 1.94 to 1 in NYSE & 1.75 to 1 in Nasdaq

Net new highs were leading by 585 in NYSE & 1489 in Nasdaq

VIX Down 6.58% @ 15.20

Oil @ $72.36

Gold @ $2705.80

Canadian $ @ .6130

In my portfolio :

Added 400% BTC @ $6.65

Sold TSLA.NE @ $27.20

Portfolio AAPL MAFT BTCC SMCI CMG BTC GDXJ

Friday should be interesting for US stocks as weekly option expiry takes place...

BLOG does NOT give buy or sell.

Saleem

Indices closed UP 2.53% to 5.84%...NICE !!!!

 Indices closed near high of the day and new highs for most indices. Thanks to Trump's victory which I had handicapped last Sunday.

S&P 500 @ 5929.04, high 5936.14, low 5864.89

Internals :

UP volume led by 2.04 to 1 in NYSE & 1.81 to 1 in Nasdaq

Advancing stocks led by 1.51 to 1 in NYSE & 1.69 to 1 in Nasdaq

Net new highs were leading by 754 in NYSE & 1849 in Nasdaq

VIX Down 20.60% @ 16.27

Oil @ $71.69

Gold @ 2668.90

Canadian $ @ .6060

In my portfolio :

Sold NVDA.NE @ $33.85

Sold SHOP.TO @ $114.17

Added 110% SMCI.NE @ $7.05

Portfolio AAPL MSFT BTCC TSLA CMG BTC GDXJ SMCI..

Its all about Fed policy statement @ 2 PM.....

BLOG does NOT give buy or sell.

Saleem

Indices closed UP 1.02% to 1.88%...NICE !!!!

 Indices closed near high of the day, RUSSELL 2000 was the best performer followed by Nasdaq.

S&P 500 @ 5782.76, high 5783.44, low 5722.10

Internals :

UP volume led by 4.50 to 1 in NYSE & 3.40 to 1 in Nasdaq

Advancing stocks led by 4.44 to 1 in NYSE & 3.83 to 1 in Nasdaq

Net new highs were leading by 120 in NYSE & 163 in Nasdaq

VIX Down 6.78% @ 20.49

Oil @ $71.99

Gold @ $2749.70

Canadian $ @ .6142

Portfolio AAPL MSFT NVDA BTCC SHOP TSLA CMG

BTC GDXJ SMCI.....

After hour SMCI report was mixed and confusion remains in terms of 10K filing....

BLOG does NOT give buy or sell.

Saleem

Indices closed down .28% to .61%....

 Indices closed down slightly before election day which surprised me.

S&P 500 @ 5712.69, low 5696.51, high 5741.43

Internals :

UP volume led by 1.22 to 1 in NYSE & 1.31 to 1 in Nasdaq

Advancing stocks led by 1.37 to 1 in NYSE & 1.28 to 1 in Nasdaq

Net new highs were leading by 12 in NYSE & lows by 36 in Nasdaq

VIX UP .46% @ 21.98

Oil @ $71.47

Gold @ $2748.50

Canadian $ @ .6098

In my portfolio bought BTCC.TO @ $12.58

Portfolio AAPL MSFT NVDA BTCC SHOP TSLA

CMG BTC GDXJ SMCI

Internals were surprisingly positive also...

BLOG does NOT give buy or sell.

Saleem

NOT 100% yet....BUT thanks for your prayers.....

 Pneumonia not the easiest thing to control or recover from, BUT thanks to best wishes from all of you, I am 50% better which was the tough part....for other 50%, It may be a slow recovery.

Special thanks to Michael, Stocktrader & Stock rookie for your timely prayers.

As you had noted, I had sold considerable amount of portfolio as Pneumonia was taking hold, @ lowest, has sold 75% of my portfolio....

On Friday I gathered enough strength to rebuild my portfolio back to my normal exposure, Jobs report gave me the chance to buy many stocks near trading low.....

As far as US stock market is concerned, It IS all about Tuesday's result...looks like "Trump "

IF my guess comes through, expect major rally on Wednesday to Friday $$$$$

As I have mentioned many times, doing due diligence IS the key to making money in Q4 & Q1...both bullish quarter....

Do not be afraid to buy high $ value stocks....Idea IS to make money NOT hate stocks which may be " sky high " based on your metrics....NEVER LOVE or HATE Stocks, they are just a tool to make " quick money " and who does NOT like making money.....sometimes It takes " little more guts than the next person...

Here is my stat ending Friday :

Last week Down 7.41%

YTD UP 23.65%

Here is my portfolio weighting :

SHOP     26.39%

CMG      18.26%

AAPL     13.07%

GDXJ     11.32%

NVDA    10.22%

TSLA     7.24%

MSFT    7.19%

SMCI     4.95%

BTC       1.36%

Good luck with your own take on Market & Politics.....

BLOG does NOT give buy or sell.

Saleem

Not feeling well....

 Down with Pneumonia, hopefully will recover by November 3rd Sunday, when I should be able to post my BLOG....

Saleem

Indices closed down .79% to 1.60%.....

 Indices were under selling pressure due to higher yield.

S&P 500 @ 5797.42, low 576241, high 5834.85

Internals :

Down volume led by 2.00 to 1 in NYSE & 2.00 to 1 in Nasdaq

Declining stocks led by 3.27 to 1 in NYSE & 2.61 to 1 in Nasdaq

Net new highs were leading by 43 in NYSE & lows by 30 in Nasdaq

VIX UP 5.71% @ 19.24

Oil @ $70.77

Gold @ $2734.60

Canadian $ @ .6157

Portfolio LULU MSFT BTCC.B SMCI CMG BTC AAPL

Election & yield seems to be in focus for markets.

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed.....

 Indices closed mixed, Nasdaq was green.

S&P 500 @ 5851.20, low 5821.17, high 5863.04

Internals :

Down volume led by 1.07 to 1 in NYSE & .55 to 1 in Nasdaq

Declining stocks led by 1.37 to 1 in NYSE & 1.26 to 1 in Nasdaq

Net new highs were leading by 128 in NYSE & 29 in Nasdaq

VIX Down .93% @ 18.20

Oil @ $72.09

Gold @ $2754.30

Canadian $ @ .6165

In my portfolio Added 60% SMCI.NE @ $15.76

Portfolio LULU MSFT BTCC.B SMCI CMG BTC AAPL

Internals were weak....

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed....

 Indices closed mixed with NVDA hitting all time high.

S&P 500 @ 5853.98, low 5824.79, high 5866.92

Internals :

Down volume led by 3.42 to 1 in NYSE & .63 to 1 in Nasdaq

Declining stocks led by 3.51 to 1 in NYSE & 2.22 to 1 in Nasdaq

Net new highs were leading by 215 in NYSE & 56 in Nasdaq

VIX UP 1.89% @ 18.37

Oil @ $70.56

Gold @ $2738.90

Canadian $ @ .6150

In my portfolio :

Sold SHOP.TO @ $114.69

Sold NVDA.NE @ $33.41

Sold AG.TO @ $10.67

Sold GDXJ @ $55.00

Portfolio LULU MSFT BTCC.B SMCI CMG BTC AAPL..

BLOG does NOT give buy or sell.

Saleem

US stock market Nasdaq or Russell 2000.....

 Nasdaq & Russell 2000 is all set to make new all time highs....

Nasdaq only 181.52 points or .97% away from making new all time high which currently stands @ 18,671.07...

Russell 2000 is 23.91 points away or 1.04%....2300.00 is the number to cross.....

Both indices can do this in 1 day of trading or could do the same in same session...

There is lot of skepticism about Russell 2000 which IS a good thing......

Nasdaq new series of all time highs are considered given.....

IF I was placing my bets, I will use ETF on both & stick with it.....

In US stock market, It Is always a good idea to diversify thus IWM & QQQ sound like a safe strategy going forward....

It IS earnings season with TSLA on Wednesday, another laggard which looks good....

Earnings could be meet expectations BUT guidance can be much better, generally speaking....

This IS a very good market with BULLS in control, its slow & steady northbound.....

Always a good strategy to be overexposed in strong bull market which comes quite infrequently....

YES....there will be pullbacks along the way BUT It may present buying opportunity in many many stocks....so have your buy list ready.....

Good luck with your own strategy & comfort level...

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .09% to .63%...NICE !!!

 Indices closed near high of the day with highest close for DOW & S&P 500.

S&P 500 @ 5864.67, high 5872.17, low 5846.11

Internals :

UP volume led by 1.38 to 1 in NYSE & 2.70 to 1 in Nasdaq

Advancing sticks led by 1.54 to 1 in NYSE & 1.41 to 1 in Nasdaq

Net new highs were leading by 408 in NYSE & 170 in Nasdaq

VIX Down 5.65% @ 18.03

Oil @ $69.22

Gold @ $2732.40

Canadian $ @ .6192

Here is my weighting :

CMG          18.35%

NVDA        17.61%

SHOP        16.45%

SMCI         10.05%

MSFT           7.36%

GDXJ           7.14%

LULU           6.33%

BTCC.B       5.61%

AAPL           5.52%

AG.TO         3.71%

BTC             1.87%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem