US stock market saw wave of Tsunami selling, It was relentless where most stocks got trashed, AI or NO AI, Tech or no Tech, It was brutal......
BUT it created many many opportunistic situation to make money....
It allowed everyone to understand RISK in this TAPE, an investment 101 teaching...
This volatility is NOT over.....
2026 may go down as most volatile market in recent memory...
2026 is separating winners from losers in every sector....
Winners / leaders will be rewarded BUT laggards will be punished ...
Sloppy choices needs to be avoided, select on facts and trendlines only....
Here is how my last week ended :
Last week Down 6.35%
YTD Down 3.90%
Here is my weighting on 65% exposure:
GGLL 60.66%
TSLL 18.11%
HOOD.NE 11.12%
BTCC.TO 10.11%
BLOG does NOT give buy or sell.
Saleem
Hi Stocktrader & Simon,
ReplyDeleteBought GLDU @ $50.67 in Toronto
Saleem
Good luck with re-upped gold exposure!
DeleteGood luck with GLDU Salem..
DeleteHi Saleem,
ReplyDeleteLast week: -4.16% (YTD: +4.25%)
Portfolio Leaders: PDYN FATN NN
Portfolio Laggards: BFLY SANA NNOX RKLB ASPI
In a volatile week, and despite the averages being mixed (small caps +2.17%), many momentum stocks got hit hard as software fears and a bitcoin crash ensued. We may have seen the last of the selling as Friday was a nice rebound from oversold conditions, but some concerns may linger. That said, good stocks can outperform, but where do we find the good stocks these days? Not in the usual places of the last 5 years, so it remains important to pay attention to the technicals and how stocks react on both good and bad news - do we see accumulation or distribution more regularly? I am waiting for earnings results from many of my companies, and I hope the picture becomes clearly for many of them. The one good part of the market right now is that despite all the volatility, the 10-yr yield remains in a tight range, so that should lend stability when other factors are whipsawing the indices. An unusual jobs report Wednesday could provide opportunity.
Holdings: NN PDYN ANRO RKLB QMCO AEVA SANA GLUE NNOX ASPI BFLY FATN, cash 0%
Stocktrader
Hi Stocktrader &Simon
ReplyDeleteAdded 110% GLDU @ $50.52
Saleem
Hi Salem,
DeleteGood luck with more GLDU.
Good luck with more gold exposure!
DeleteHi Saleem,
ReplyDeleteSeems shocking that HUBS is at $200 in AH after that great report and guidance and being down that much already in prior days. If I had cash, I would consider a buy.
Stocktrader
Probably would take profits here at $244
DeleteHi Saleem,
ReplyDeleteI think QBTS is worth buying again here because quantum stocks should not be disrupted by AI fears. I'm trying to find room but I will likely fail unless I sell one of my strongest stocks (NN).
Stocktrader
Hi Saleem,
ReplyDeleteSold QMCO @ 5.76
Bought QBTS @ 18.86
Stocktrader
Gi Stocktrader,
DeleteGood luck with the swap..
Simon
Hi Stocktrader
ReplyDeleteGood luck with QBTS
Saleem
Hi Stocktrader & Simon,
ReplyDeleteBought ZMIC in Toronto @$20.88
It’s MU version for Canadian residents.
Saleem
Good luck with the hot memory market!
DeleteZMIC.NE is ticker
ReplyDeleteHi Salem,
ReplyDeleteGood luck with ZMIC..
Simon