US stock market in rally mode.....

 US stock market found support which was a retest of support last week on Monday.

Reason for change in sentiment was a shift in US tone in terms of Fed Chief & attitude towards China trade, there is more willingness to accept " reality "......

Unilateralism does not work ......

So far ZERO deal on trade front....

IF flexibility is practiced and verbal assault is eliminated, then we may see " progress in trade with many countries "

Canada goes for election of new Prime Minister this Monday....expecting Carney to retain with a majority...

GOOG earning was a beat which " surprised hedge funds SHORT position ".....thus a muted 1.47% gain....

This week META MSFT AAPL AMZN reports......

Expect rally to continue...

Here is my last week :

Last week UP 15.21%

YTD down 7.00%

Here is my stocks weighting :

GOOG      15.97%

SHOP       14.32%

TSLA       10.55%

AAPL        8.99%

UBER       8.62%

HOOD      8.50%

SMCI       7.78%

AVGO      7.78%

NVDA      7.55%

MSFT      6.72%

MU          3.22%

BLOG does NOT give buy or sell.

Saleem

Sold SLVU @ $28.45 in Toronto....

 Sold SLVU @ $28.45 in Toronto.

BLOG does NOT give buy or sell.

Saleem

US stock market in " bear trap "

 US stock market is facing worst slump in recent memory.

From February 19th to April 7th in 47 calendar days, Nasdaq has lost about 5315.36 points or 26.45%

Based on unforeseen consequences of " trade war ".....this bear market may last much much longer than any prediction so far....

My guess, this bear market may last 4 years......

SO sit back & plan for second longest bear market in history....

Longest one which I have seen was from 1973......when DOW crossed 1000 and did not end until in mid 700.....

US has shattered world's " trust & order " which may have far reaching consequence......

High handedness & unilateralism does not work......

Bottom line IS......

Do NOT expect much in next 4 years until there is a change @ the TOP......

Playing with figures & FACTS has lack of CREDIBILITY in any deliberation....there is NO LINEUP for any DEAL YET.....

Then there is FOCUS on REDRAWING world map.....MANY have attempted in history with serious consequence.....MANY country have NUCLEAR BOMB......

SO...there is MORE than what is being analyzed in 15 second sound bites.....

SO please understand current stock market environment which for the first time is dealing with " self created many issues "

Here is my last week result :

Last week down 4.20%

YTD loss 22.21%

Here is my portfolio weighting:

GOOG       16.06%

SHOP        13.25%

TSLA          9.62%

AAPL         9.08%

UBER         8.98%

HOOD        7.60%

AVGO         7.45%

NVDA         7.43%

SMCI          7.27%

MSFT         6.76%

SLVU          3.53%

MU             2.97%

BLOG does NOT give buy or sell.

Saleem

Added 100% SLVU @ $27.61 in Toronto

 Added 100% SLVU @ $27.61 in Toronto...

BLOG does NOT give buy or sell.

Saleem

US stock market prospect NOT so bright....

 US stock market has been dealt a severe blow to " confidence "...

US policy of " crash & burn to world trade " has backfired to an irreparable level "

Worldwide selling of US assets has taken place

US Bonds being liquidated

US$ being sold

US Real estate are being liquidated

US made products are impacted " big time "

VISITORS to USA has DWINDLED to an alarming level

NET NET US stock market IS NOT functioning well @ all

This may take many many years to REVERSE....

You are witnessing on LIVE TV how ARROGANCE can DESTROY millions of hard work in SECONDS

SO

What to do.....

BUY NON US Assets

Invests in non US markets

IF you INSISTS on US investing then DO EXTENSIVE research as to where each company is doing business & to what extent non US focus affects Sales & EPS......

This IS a NEW REALITY......

SOONER you adjust better off you will be ( comparatively speaking )

I had NO CHOICE but to state FACTS from my VANTAGE point....

Here is my last week :

Last week UP 15.27%

YTD down 18.01%

Here is my portfolio weighting :

GOOG         16.42%

SHOP          13.12%

TSLA            9.90%

AAPL           9.01%

UBER          8.52%

NVDA          8.00%

HOOD         7.96%

AVGO          7.81%

SMCI           7.54%

MSFT          7.04%

MU              2.97%

SLVU          1.71%

On my personal front, health is getting better, gaining weight slowly. Energy level is back to 80%.

ON my BLOG issues / harassment, had to write to Sundar Pichai CEO GOOG, and again without any apology, explanation or compensation all features are RESTORED on my BLOG.

BLOG does NOT give buy or sell.

Saleem

US stock market, a week to remember....

 US stock market gave a stunning " downhill slide "

When all damages were counted to most portfolio, nothing got spared, from BRK-B...it was freefall of 7% to 15%......in a day.....

YES counting losses is extremely painful and no one was spared....

Reasons are never important....

It IS what are you going to do about it....

Many things can be done....

Like complete reconfigure your portfolio to hopefully better ideas....

OR partial switching of your portfolio

OR leave everything AS IS

I am in the last camp....leave my portfolio alone...

I am expecting a " sharp oversold bounce "

Generally after few days, we normally TEST the LOWS AGAIN....

Why I am leaving my portfolio unchanged....

BECAUSE It was all chosen after careful due diligence and have much higher CONVICTION than some other bright ideas....

YES these slump happens every NORMAL year.....so nothing unusual about this sharp decline.....

SO...follow your OWN instinct & stick to IT....

Here is my last week :

Last week down 19.40%

YTD down 33.28%

Here is my portfolio weighting :

GOOG        16.97%

SHOP        13.63%

TSLA         10.43%

AAPL           9.50%

UBER          8.42%

NVDA          7.55%

SMCI           7.47%

MSFT          7.24%

HOOD         7.13%

AVGO          6.98%

MU              3.06%

SLVU          1.62%

BLOG does NOT give buy or sell.

Saleem

Added 30% HOOD @ $42.09....

 Added 30% HOOD @ $42.09...

BLOG does NOT give buy or sell.

Saleem