US stock market cannot get any sanity from US tariff related back peddling.....
EU got the gift of 50% tariff
AAPL got 25% tariff
This IS after everybody supposedly was lined up to do a deal with the chess master....
ZERO credibility comes to mind.....
US stock market cannot function in these daily back peddling....
Stay ahead of so-called bad news events by booking profit quickly....
This tariff drama will not end until end of the year...a very long WAIT.....
Here is the result from last week :
Last week Down 3.16%
YTD UP 10.16%
Here is portfolio weighting :
SHOP 19.14%
GOOG 15.94%
ABX 14.97%
TSLA 12.18%
AAPL 10.70%
AVGO 8.95%
MSFT 7.44%
MU 3.63%
SMCI 3.58%
HOOD 3.47%
BLOG does NOT give buy or sell
Saleem
Hi Saleem,
ReplyDeleteLast week: -2.87% (YTD: -22.23%)
Portfolio Leaders: LFMD DAVE(upon sale) AVAV
Portfolio Laggards: RZLV FATN SSYS III UPST
It was a pullback week for many stocks and the portfolio did the same. Tariff headlines continue to create volatility, but the underlying strength of the economy has surprised many and provides a positive backdrop. We are entering the normally slower period of the market, but i think stockpicking can still generate outsized returns here. I continue to search for new ideas and rotate them in as other names reach their potential or need to be culled.
Holdings: LFMD AVAV RZLV TTMI UPST III SNAP FEIM SSYS PSNL FATN, cash 9%
I am looking at PONY for purchase as the lockup expires, or possibly OSIS which continues to show up on my short interest/near 52wk high screener. Also, I found a new name DUOT which sets up edge data centers to create hubs of connectivity for businesses, personal, and education (along with independent power modules to support those data centers).
Stocktrader