US stock market is in high gear momentum on AI, Quantum & rate cut nirvana....
Cannot ask for better September when stocks were suppose to tumble based on historical stats, REVERSE is happening....
New all time highs on a daily basis....
New all time highs begets more highs as FOMO takes hold...
Perfect trading environment where ROTATION is in HIGH GEAR...
Here is how my last week was :
Last week UP 1.80%
YTD UP 40.01%
Here is my portfolio weighting based on 95% exposure :
AAPL 27.51%
AMD 23.08%
SHOP 22.69%
GDXJ 18.99%
CRCL 7.73%
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDelete40% gain is just incredibly outstanding! You've done so well this year - I'm so happy for you, especially given the other circumstances that haven't gone so well... You absolutely deserve all the victories and successes that come your way :)
Stocktrader
Hi Stocktrader,
DeleteThanks for your feedback for 2025 performance, much appreciated.
Saleem
Hi Saleem,
ReplyDeleteIt's been a busy day but I finally finished last week's numbers:
Last week: +13.73% (YTD: -6.15%)
Portfolio Leaders: RZLV(sold) BKSY AEVA
Portfolio Laggards: WGS
Very positive participation from nearly all the portfolio companies contributed to the biggest weekly gain in recent memory. The thesis that a weakening economy and a Fed easing cycle should bring money flows into the long term, high growth stories worked perfectly finally. I expect this trend to continue through year end, with the major challenge to be finding exit points as stocks get extremely overbought or price targets are achieved. I worry that a pullback is waiting this week after the Fed announcement, but I'm not sure if/how I should play that - maybe I'll make a move or two ahead of it to reduce exposure. Beyond that, I don't know if there's much to play out in the new few months other than a drift higher, especially as bullish sentiment in my favorite survey (https://www.aaii.com/sentimentsurvey) hits very *low* levels, indicating not much froth to work off. In lieu of stock ideas, I can still default to bitcoin which I think has safe room to run from here.
Holdings: BITU PONY AEVA LKNCY WGS BKSY ASPI FATN, cash 0%
I am much more concentrated than usual, but I am struggling to find fresh ideas and charts, but the search continues daily!
Stocktrader
Hi Stocktrader,
DeleteCongratulations on an outstanding week performance, your hard work paid off.
Saleem