US stock market in last 6 trading weeks is displaying " jitteriness "
Every Friday's close leaves us wondering about Monday's open
This week may decisively turn negative....
All this churning & trading below 50 DMA for most Mag 7 stocks is not a confidence builder...
Something got to give very soon....
I may start reducing my exposure ASAP
Please book profit wherever & whenever it comes.....an environment of " singles NOT homerun "
Here is my last week's results :
Last week UP 1.97%
YTD UP 7.87%
Here is my portfolio weighting :
GOOG 17.71%
SHOP 17.21%
AAPL 9.48%
AVGO 8.87%
NVDA 8.61%
TSLA 8.04%
SMCI 6.82%
MSFT 6.82%
BRK 6.09%
MU 3.60%
BTCC 3.56%
RIOT 3.19%
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Salem,
So grateful to hear that you are slowly doing better. God has heard as we will continue to pray for your health back to full strength. Thank you for the Sunday's blog.
Simon
Hi Simon, appreciated your best wishes for my health, YES it's moving in the right direction thanks to all the prayers from well wishers like you and many more.
Saleem
Hi Saleem,
Appreciated your time to put in the market recap. It is tough market to navigate with all changes from the new administration. Wishing you to regain your healthy life again. You are always in my prayer. Thank you very much for keeping this blog alive after so many years.
Michael
Hi Michael,
Thanks for your caring & appreciative messages, with so many well wishers like you, God has been kind enough to give me gradual strength & health, hopefully Spring will put me back into better health & hopefully a " normal existence "....
Market is very unpredictable with so much to deal with....
Saleem
Hi Saleem,
Last week: -1.26% (YTD: -6.52%)
Portfolio Leaders: CNK LITE OSIS
Portfolio Laggards: ODD KRUS PSNL
It was a small pullback week for the markets, and mixed action from the portfolio resulted in small declines. I continue to adjust the portfolio for traditional economy stocks as tech is highly volatile and perceived winners/losers fluctuate weekly (or the anointed winners are just outright expensive). Many of my companies report in the coming week and I look forward to hearing business conditions in their industries and specifically at their companies. After two strong years of market returns, the stock picking aspect should be more in play. The one aspect of the market that encourages me is that yields are creeping down despite the Trump tariffs and individual investor sentiment remains near year-lows which usually provides some fuel should nothing nefarious transpire.
Holdings: RBRK KRUS PUMP MHO MP OSIS CNK ODD, BMR ZENV PSNL, cash 0%
Continued well-wishes and prayers sent your way for health and happiness!
Stocktrader
Hi Stocktrader,
Thanks for your ongoing best wishes for my recovery....which is going well!!!
Saleem
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