Sunday, January 26, 2025

US stock market making new highs.....

US stock market making new all time highs in S&P 500 .....

Earnings are on tap from key companies this week....

Wednesday MSFT, META TSLA

Thursday AAPL 

Expecting UPBEAT guidance from all of the above....

Biggest surprise may come from AAPL....which has been downgraded by many analysts based on Chinese iPhone sales....BUT the surprise may be on AI implementation in coming quarter...thus I remain OPTIMISTIC....

Market has been doing better than expected with S&P 500 being the leader.....Nasdaq may jump into leadership this week....followed by DOW.....

Here is my results from last week :

Last week UP 3.74%

YTD UP 12.10%

Here is my portfolio weighting :

SHOP       14.28%
AVGO       13.03%
GDXJ       12.63%
AAPL       12.56% 
TSLA        12.25%
MSFT          9.98%
SMCI           8.49%
GOOG         6.46%
BTCC          5.24%
RIOT           5.08%

BLOG does NOT give buy or sell.

Saleem

25 comments:

Stock Rookie said...

Hi Salem!
Thank you for the Sunday's blog! Hopefully your health continues to improve day by day as we will continue to pray for your health🙏🙏🙏

Stocks100 said...

Hi Simon,

Thanks for your appreciative & caring message, YES, I am improving my strength is almost 50% of pre-heart challenges, BUT my weight is not gaining, I am STUCK @ 150 pounds which is 40 pounds below my pre cardiac.....
I need more prayers......

Saleem

Stock Rookie said...

Yes sir! Please be positive!

Stocks100 said...

Hi Stocktrader,

Bought MU.NE @ $21.69 in Toronto

Saleem

Stock Rookie said...

Hi Salem,
Good luck with MU. I just bought MU & NVDA. Thank you for MU recommendation!

Simon

Stocks100 said...

Hi Simon,

Good luck with NVDA & MU.....

Saleem

Stocks100 said...

Hi Stocktrader & Simon,

Bought NVDA.NE @ $29.50 in Toronto....

Saleem

stocktrader_1996 said...

Hi Saleem,

I did not realize the health situation was so difficult - I am glad you are improving and will pray for further gains and health ahead!

Stocktrader

stocktrader_1996 said...

Hi Saleem (and Simon),

Good luck with MU and NVDA here - deep discounts.

I am focused on deciding how/if to reposition my portfolio based on this news. I have the weekly numbers but will post them when I'm more comfortable with my current portfolio which is taking up all my mental energy at the moment (plus, it's really kind of old news at this point).

Stocktrader

Michael said...

Hi Saleem,

Thanks for the market recap while your health was not fully recovered yet. Hopefully, you will be regain your strength soon.

Michael

stocktrader_1996 said...

Hi Saleem,

Ok, here's a few trades but I have one more I think I want to make and just deciding what to sell to free up funds...

Trimmed OSIS to equal weight @ 198.32 on post-earnings pop

Sold BITU @ 54.02 on sluggish momentum post-Trump working group announcement, MSTR purchase (removing that catalyst), and needing funds for different purchases

Bought SOUN @ 14.72 on AI application potential strength ahead (with costs decreasing)

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Oh, also picked up some AMD calls and SMCI puts in a small trading account. AMD could be a beneficiary here as their chips become more in demand both at a business and consumer level (note they announced a Deepseek integration on Friday actually). SMCI could be vulnerable at a revenue and margin level based on expensive datacenter build rethink.

Stocktrader

Stocks100 said...

Hi Stocktrader & Michael,

Thanks for your caring messages regarding my current health status, keep praying, with needed time my health should improve....

Good luck with short long and many new positions.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Added to LITE @ 73.61

I think the fears here are overblown as hyperscalers are not the only business line potentially improving in the coming year. As it falls into support I still like it here.

Stocktrader

Stock Rookie said...

Hi Stocktrader,
Good luck repositioning of your new portfolio.

stocktrader_1996 said...

Hi Saleem,

Trimmed a little PSNL on a PT downgrade to $8 from $11 today on potential sluggish 2025 as their largest enterprise customer continues to wind down and the new partnerships take until possibly 2026 to emerge as strong drivers.

Added to PUMP on this dip and my feelings that oil/gas look poised for a strong run on future energy needs, even without this "news" today on datacenter demand.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck on more PUMP.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Last week: +7.22% (YTD: +1.42%)
Portfolio Leaders: ATOM PSNL OSIS all 20+%, BMR
Portfolio Laggards: PUMP

This is old news but multiple portfolio positions did very well, including the first earnings report of the season in OSIS. I look forward to more upcoming...

Holdings (including today's moves): CNK PLNT LITE ODD PSNL ATOM OSIS PUMP SOUN BMR ZENV, cash 0%

Stocktrader

stocktrader_1996 said...

Hi Saleem,

It is difficult on days like today to stay balanced. It's hard not to just sell the non-tech positions to buy huge tech dips...

Stocktrader

Stock Rookie said...

Hi Stocktrader,
Good luck with AMD & SMCI option play. May I ask what's the AMD target strike price and expiration? I would like to pick up some call today. Thank you!

Simon

stocktrader_1996 said...

Hi Saleem,

Sold PLNT @ 103.83 to raise cash
Bought TEM @ 49.28 on AI applications taking center stage
Added small to ATOM @ 8.31

Stocktrader

stocktrader_1996 said...

Hi Stock Rookie,

It was just a weekly 125 that I threw some money at. I took profits on the SMCI weekly 26 this morning (0.52 fill yesterday to 0.89 fill today) on the big morning dip. That trade alone funded most of the premium in the AMD option, but I bought some SOUN and TEM weekly call options today also. I do a lot in the trading account that I don't mention here because it's very speculative in nature.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with TEM..

Saleem

Stock Rookie said...

Hi Stocktrader,
I see.. You are the best of what you do. Thank you for explaining!

stocktrader_1996 said...

Hi Simon,

Thank you but it doesn't always work out the way I hope! I just have to keep thinking of new ideas and any speculative moves keep small or they will erode portfolio value quickly...

Stocktrader