US stock market took whole month of April " liberation month " from arrogance, bullying and TRADE AS WEAPON "
Warren Buffett chose right words to describe White House insanity....
Sooner or later everyone is forced to " change its tune "
There is a worldwide reaction to Trumpism, Australia also elected " labor government " Canada stayed with Liberals a direct reaction to Trumpism...both parties were behind in polls big time until " genius spoke "
US stock market will have its biggest UP day when China will start " watered down trade talks "
Tuesday Canadian Prime Minister will be in cage with Trump, Vance & Rubio to start a NON START...
Back to US stock market.....PATIENCE & CONVICTION is the key in " breaking news market "
Many stocks are working based on your trading style.....
I am staying with highest profile stocks as " money is buying favors "
Here is my last week report :
Last week UP 3.96%
YTD down 3.04%
Here is my portfolio weighting :
GOOG 14.21%
SHOP 12.86%
HOOD 11.55%
AAPL 10.27%
TSLA 9.39%
UBER 8.26%
AVGO 7.26%
NVDA 6.88%
MSFT 6.57%
SMCI 6.36%
AMZN 3.51%
MU 2.88%
BLOG does NOT give buy or sell.
Saleem
Hi Salem,
ReplyDeleteThank you for the Sunday's blogs and all the valuable information of the market situation. Hopefully, all the highest profile stocks will pay off soon.
Simon
Hi Saleem,
ReplyDeleteLast week: +8.61% (YTD: -32.56%)
Portfolio Leaders: PONY ODD DAVE PSNL RZLV
Portfolio Laggards: FATN
It was a stellar week for risk-taking as no new negatives on tariffs, and even some positives, brought long-lost buyers back into the market and oversold conditions rectified. At this point, the market is probably fairly valued pending more information, but good ideas can continue to move. I hope to have the right positioning as we enter this phase of the market action, and try to take some profits when they are warranted. Longer term I still expect AI-themes to dominate, especially in the broader market as AI brings efficiencies and higher profitability.
Holdings: DAVE RBRK PSNL RZLV CVCO SSYS FATN AVAV RXRX, cash 22%
A new note, I literally just sold PONY @ 9.94. With the threat of Chinese stocks being de-listed, I just can't justify the risk...sadly, because this is the one of the absolute best ways to play the AI revolution and doesn't have a US-equivalent.
Stocktrader
Hi Saleem,
ReplyDeleteBought AEVA @ 7.91 as my best idea replacement for PONY
The charts looks ready for breakout after resting and it has exhibited strong relative strength considering most AI/robotic/new tech stocks are well off their highs.
Stocktrader
Hi Saleem,
ReplyDeleteAdded to AVAV @ 161.51 to top off the position to the same weighting as others in the portfolio.
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with more AVAV and thank you for AEVA new pick recommendation..
Simon
Hi Stocktrader,
ReplyDeleteGood luck with more AVAV & AEVA....
Saleem
Hi Saleem,
ReplyDeleteBought CFLT @ 19.40 on conservative guidance
Added to RXRX @ 4.50
Added small to AEVA @ 7.74
Added small to RZLV @ 2.03
Stocktrader
Hi Saleem,
ReplyDeleteI like UPST on the dip here - another case of guidance conservatism given the macro uncertainty. I won't have any buying power until Thursday so I might be too late, but I'll look to maybe sell something tomorrow afternoon and have funds for a Thursday morning purchase if it's still at these levels or lower.
Stocktrader
Hi Stocktrader,
DeleteGood luck with CFLT plus all the add-on....
UPST may be a good idea....
Saleem