US stock market in challenging stage....

 US stock market is facing challenges from Chinese AI chip makers like Huawei & Alibaba....

While Trump & his administration were collecting " trillions " Chinese chip makers were quietly making inroads into AI chip making .....

Results were obvious even to "average US traders on Friday "

Now All the " security clause will come off as Chinese take their well earned AI market share "

Never brag in any technology lead...learn it from AAPL who takes time and get better products which sticks....

SO...It IS going to be interesting AI market going forward.....

Here is my last week results :

Last week Down 1.09%

YTD              UP 37.80%

Here is my portfolio weighting on 84% exposure :

SHOP        25.25%

GOOG      21.58%

AAPL       20.70%

AMD        18.73%

CRCL         9.20%

SMCI         2.31%

LULU        2.23%

BLOG does NOT give buy or sell.

Saleem

 

Bought AAPL.NE & GOOG.NE .....

 Bought AAPL.NE @ $33.29

Bought GOOG.NE @ $34.30

BLOG does NOT give buy or sell.

Saleem

Sold GDXJ @ $77.00.....

 Sold GDXJ @ $77.00.....

BLOG Does NOT give buy or sell.

Saleem

US stock market shifts in to bullish mode....

 US stock market after correcting for 5 straight day's was ripe for any catalyst or bullish news....

Fed speech provided the much needed bullish catalyst to the surprise of many....

US stock market gave its verdict after Fedspeak.....UP UP & AWAY...

US stock market should make a new all time highs in this run....

Financials, Homebuilders, Small cap and Precious Metals like Gold Silver are the direct beneficiaries of lower Interest rates.....as US$ goes lower.....

Here is my last week result :

Last Week Down 0.06%

YTD             UP 38.89%

Here is my portfolio weighting on 77% exposure :

GDXJ      35.59%

SHOP      27.86%

AMD       21.08%

CRCL     10.32% 

SMCI       2.65%

LULU      2.50%

BLOG does NOT give buy or sell.

Saleem

Added 100% SHOP.TO @ $189.00....

 Added 100% SHOP.TO @ $189.00 in Toronto...

BLOG does NOT give buy or sell.

Saleem

Added 100% AMD.NE @ $31.50 .....

 Added 100% AMD.NE @ $31.50 in Toronto...

BLOG does NOT give buy or sell.

Saleem

SOLD GOOG.NE & UBER.NE....

 Sold GOOG.NE @ $33.48

Sold UBER.NE @ $55.48

In Toronto.....

BLOG does NOT give buy or sell.

Saleem

US stock market enters " difficult trading pattern "

 US stock market has entered a " much more difficult trading pattern "

August, September & October is where trading bottom is made

No previous pattern of " strength or money flow remains "

Everyone likes to lock in gains @ the same time in same stocks "thus new weakness emerges "

SO

No more AI or Quantum to rescue

All stocks are treated the same  " book profit or lose money "

SO

Be careful with your strategy, optimism or invincibility....

Its going to cost you IF NOT ultra conservative & careful.....

Take it very SLOW until end of October.....

Here is how my last week ended :

Last Week UP 1.08%

YTD          UP 38.95%

Here is my weighting on 70% exposure :

UBER      28.89%

GOOG     24.80%

SHOP      15.94%

CRCL      12.50%

AMD        12.22%

SMCI         3.02%

LULU        2.63%

BLOG does NOT give buy or sell.

Thanks to new 9000 visitors to my BLOG last week in one day, that IS a new 1 day record beating previous 4000!!!

Saleem

Added 175% SHOP.TO @ $195.00.....

 Added 175% SHOP.TO in Toronto @ $195.00.....

BLOG does NOT give buy or sell.

Saleem

Bought AMD.NE @ $33.50 in Toronto....

 Bought AMD.NE @ $33.50 in Toronto....

BLOG does NOT give buy or sell.

Saleem

Sold AMD.NE @ $34.21.....

 Sold AMD.NE @ $34.21 in Toronto.

BLOG does NOT give buy or sell.

Saleem

US stock market keep making new highs.....

 US stock market is on a " selective tear "

Many stocks keep making " new all time highs on high volume "

It IS important to read the " message of the market "

It IS AI

It IS Quantum Computing

Many stocks are well positioned to exploit both AI & Quantum phenomenon

BUT many many traders keep playing " wrong stocks "

There was a movie "Death Wish ".....

SO open your eyes and see which stocks are making new all time highs....OWN @ least 1 stock in that profitable list.....

Here is how my last week ended :

Last week UP 4.59%

YTD          UP 37.87%

Here is my weighting on 71% exposure :

UBER      27.62%

AAPL       24.20%

GOOG      24.15%

CRCL       13.10%

AMD          5.56%

SMCI         2.93%

LULU        2.44%

BLOG does NOT give buy or sell.

Welcome to all new visitors to my BLOG, almost 5000 visitors today.....

Saleem

Bought AMD.NE @ $30.37 in Toronto...

 Bought AMD.NE @ $30.37 in Toronto.

BLOG does NOT give buy or sell.

Saleem

Sold SMCI.NE @ 15.27....

 Sold SMCI.NE @ $15.27....in Toronto....

BLOG does NOT give buy or sell

Saleem

US stock market had technical breakdown....

 US stock market had seizure on Friday, slumping below key technical support in key indices.....

How low can we go.....

200 DMA is considered a major support.....

Most traders were " fully aware of this frothiness "

Just lie low until this selling wave passes.....

Switch to better quality stocks after this selling.....

YES I did add to my existing position.....

Here is how my last week ended :

Last week Down 6.65%

YTD             UP 33.28%

Here is my portfolio weighting based on 65% exposure :

UBER      29.39%

GOOG     24.88%

AAPL      23.43%

CRCL      15.21%

SMCI         7.09%

BLOG does NOT give to buy or sell.

Saleem