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