US stock market has seen good days from 2023.....
Party has come to an abrupt ending......
How bad It could be is left to be seen
Indicators for Technology sector @ large is " extremely bearish "
All one can do is try to " preserve capital "
Technology slump could last a long time...
Instead of positive technology news flow....many " negative news flow could hit news wires "
Contrary to popular technical setup, 2026 could be a bad bear market like 2022.....for technology
Here is my last week result :
Last week down 5.13%
YTD UP 76.90%
Here is my weighting on 21.6% exposure :
GGLL 88.57%
AAPL.NE 11.43%
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteTrimmed ANRO @ 17.39 back to equal weight
I plan to deploy the cash once I get year-end distributions out of the way.
Stocktrader
Hi Saleem,
ReplyDeleteLast week: +2.37% (YTD: -25.45%)
Portfolio Leaders: RKLB OCC ANRO
Portfolio Laggards: ASPI AIP GLUE
It was a mixed bag for the market and the portfolio as small caps outperformed overall and some nice weekly winners helped power gains. After the last of the major catalysts this past week, we will float into the new year and look to position for the next. I continue to think about how the landscape will look and try to stick with charts that are performing because that signals underlying strength.
Holdings (current): GLUE RKLB ASPI QBTS OCC ANRO AIP FATN, cash 4%
Stocktrader