US stock market has entered a very difficult stage where many stocks are pulling back in a hurry.
IF your thesis was, that year end, will be easy sailing, you are already witnessing a very challenging environment....
Looks like, we have entered the-most difficult phase of this 3 year run....
NO, it requires " serious rethink outside your well defined BOX "
It is very easy to lose money NOW, as stocks within the same sector pullback hard
Mag7 behavior is the same, mostly stuck in the mud....
2026 may be losing year for markets as most good news is priced in already...
Here is how my last week was :
Last week UP 5.84%
YTD UP 68.39%
Here is my weighting on 44.72% exposure :
UBER 63.70%
ASPI 23.98%
PONY 12.32%
Based on my historic 3 year run, I have pulled out my entire funds plus way more from profits and plan to use only a small portion of my profit going forward.....
BLOG does NOT give buy or sell.
Saleem
10 comments:
Hi Salem,
Appreciate for the Sunday's blog and congrats on another stella week of gains. Just to check up on your health. Praying for your health continue to improve.
Simon
Hi Simon,
Thanks for your best wishes and yes my health is improving, have gained some weight now @ 165 pounds currently....
Saleem
Hi Salem,
So happy to hear that you are doing well🙏
Hi Saleem,
Congrats on another massive week and the pulling out of the huge profits from three amazing years!!
I see I missed some trades from late last week - good luck with all the new positions!
Sold CVCO @ 558.00 to raise cash for opportunities
Stocktrader
The rest of the plan is to buy AVAV today and top up ASPI.
That's so good! Praying for continued health improvements - the most important metric.
Bought AVAV @ 362.80 and added to ASPI @ 9.99 and PONY @ 19.50
(I actually did this trade earlier this morning but the post didn't go through properly)
Stocktrader
Hi Stocktrader,
Good luck with AVAV, more of PONY and ASPI
Saleem
Hi Saleem,
Last week: -4.58% (YTD: -11.84%)
Portfolio Leaders: AEHR CVCO
Portfolio Laggards: ASPI FATN OCC
It was a good week for the markets but the portfolio suffered from some poorly timed trades and the late-week rout in momentum stocks. I don't think a few bad loans at mid-size banks (some due to fraudulent activities) constitutes enough of a reason for this to be the ultimate peak, so we buy some dips and keep holding. Sentiment got much more balanced by midweek, and subsequent price action provided an opportunity to position for year end. I don't know how earnings season will turn out exactly, but I believe my long term ideas are still in play.
Holdings: WGS AEVA SITM LKNCY ASPI BKSY PONY AVAV OCC FATN, cash 0%
Stocktrader
Hi Stocktrader,
Good luck with AVAV and more PONY ASPI.
Sold my AAPL for gains. Waiting to buy more ASPI and PONY with remaining cash.
Simon
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