Sold UBER.NE @ $56.25 in Toronto...
BLOG does NOT give buy or sell.
Saleem
Sold UBER.NE @ $56.25 in Toronto...
BLOG does NOT give buy or sell.
Saleem
US stock market goes UP then goes down...
US stock market makes new all time highs followed by testing support...
That IS the nature of our market......
One has to be mindful of " trading range "
You do NOT have to predict exact highs or lows....BUT be aware of this trading scenario...
I do not have to tell anyone where we are in this " trading fulcrum "
YES...there is a trading phenomenon know as " overbought ".....always monitor this to book profit....
Here is my last week :
Last week UP 8.14%
YTD UP 22.46%
Here is my weighting on 50% exposure :
GOOG 27.17%
AAPL 26.98%
UBER 17.95%
MSFT 13.28%
NVDA 7.73%
SMCI 6.88%
BLOG does NOT give buy or sell.
Saleem
US stock market always has many challenges " so it can climb wall of worries "
Highest inflation worldwide.....
High Interest rates....
Slowing GDP....
NOW B2 " bombing "
Followed by Iran Missiles hitting Haifa & Tel Aviv
Sound like a " bad movie "
As Aunt Clara used to say " where is the beef "
Lot of " disinformation & tough talk "
BUT Wall & Broad St...can sort the " fluff out "
There is NO WW111.....that involves real Army on ground.....the best we can do these days is Firing from 14000 Kilometers away with REMOTE and GRAZE few structures.....
SO.....
Wall Street should rally....as one more " step is out of the way "
YES...same old same old 7 stocks should lead this market much higher.....
Fed is all set to " reduce rates in July " which IS few days away.....
SO...increase your exposure with " opportunistic buying "
Here is my last week result "
Last week UP .68%
YTD UP 14.32%
Here is my weighting on 80% exposure :
SHOP 36.90%
AAPL 17.85%
GOOG 16.90%
UBER 10.88%
MSFT 8.47%
NVDA 4.67%
SMCI 4.33%
BLOG does NOT give buy or sell.
Saleem
Bought NVDA.NE @ $33.20 in Toronto...
BLOG does NOT give buy or sell.
Saleem
US stock market has a new news to digest, IRAN surprise attack on Israeli towns with Missile....
Israel invincibility is being questioned with new penetration by Iran.....
US stock market will react until a ceasefire is obtained....
Oil should benefit with all the attack on key installations....
Magnificent 7 remains good choice in these unstable market...
Patience & conviction should be in focus....
Here is my last week result :
Last week down 3.86%
YTD UP 13.64%....
Here is my weighting on 80% exposure :
SHOP 38.24%
GOOG 18.71%
AAPL 18.45%
UBER 11.49%
MSFT 8.89%
SMCI 4.22%
BLOG does NOT give buy or sell.
Saleem
Bought UBER.NE @ $52.00 in Toronto...
BLOG does NOT give buy or sell.
Saleem
Sold SHOP in Toronto @ $154.02....
BLOG does NOT give buy or sell.
Saleem
Added 20% AAPL.NE @ $29.54 in Toronto...
BLOG does NOT give buy or sell.
Saleem
US stock market has a new challenge, how to deal with juvenile behavior.....
SO day 1 we were sharply LOWER
Day 2 saw REBOUND
Not an exact formula for Wall & Broad
BUT here we stand in between " new scuffle "
SO which sector performed....SILVER was the best sector...
AAPL has reached " SHOW ME AI " stage on Monday....
AI is going through from " THEORY to APPLICATION stage "
AI is transitioning from Hardware to Software implementation.....
AI real world impact needs to be seen & felt NOW....
Q4 will be real test for AI Application / implementation.....
There is a good chance that we MAY see new highs before much needed downward move....
Enjoy the ride UP
BUT...be ready for a dive after that....
Here was my last week :
Last week UP 3.99%
YTD UP 17.50%
Here is my smaller 70% portfolio weighting :
SHOP 26.65%
GOOG 20.92%
ABX 19.76%
AAPL 18.08%
MSFT 9.88%
SMCI 4.71%
BLOG does NOT give buy or sell.
Saleem
Sold MU.NE in Toronto @ $24.25...
BLOG does NOT give buy or sell.
Saleem
Sold AVGO.NE @ $62.00 in Toronto...
BLOG does NOT give buy or sell.
Saleem
2025 is proving to be much tougher than downwardly revised expectations....
US trade war with rest of the world " must have other hidden agenda "
Stock market have not discounted " daily derailment of any progress which CAN be made IF dealing with integrity or credibility " which IS badly lacking ....
Please take US stock market daily gyrations as an Indicator of " major uncertainty " going forward....
Even in this crazy investment climate, AI related stocks are the only good bet which should be traded as & when necessary....
Here is my last week :
Last week UP 3.35%
YTD UP 13.51%
Here is my weighting :
SHOP 18.11%
GOOG 14.62%
ABX 13.54%
AAPL 12.61%
TSLA 11.19%
AVGO 8.55%
NVDA 7.99%
MSFT 6.83%
MU 3.31%
SMCI 3.25%
BLOG does NOT give buy or sell.
Saleem