US stock market has finally gotten over Fed phobia, not all interest rate hikes are the same.
More clarification coming this week from Fed speak, stay tuned,
AI & Semis has completed its digestion / pullback / correction....all clear for now...
AI fear is @ its speak in terms of what it can do IF not properly placed in a " sandbox "
Many experts are debating potential controls which IS a good thing.
We should see a good October to January time in stock market based on historical trendline, increasing exposure may not be a bad idea.
Here is how my last week ended :
Last week UP 20.44%
YTD UP 82.08%
Here is my weighting on 163% exposure :
GDXJ 35.46%
AMDL 29.38%
MU.TO 11.69%
GGLL 6.80%
MVLL 6.79%
SNDU 6.08%
SPAX 3.82%
BLOG does NOT give buy or sell.
Saleem
1 comment:
Hi Saleem,
Congrats on the big week and even more this week!
Last week: +2.78% (YTD: -0.34%)
Portfolio Leaders: WGS BFLY AMBQ
Portfolio Laggards: NN ENPH AEVA
It was another down week for small caps as interest rates touched 5%, but the NASDAQ gained ground and the portfolio did also. I think the Fed rate hike sparked confidence in the market as a Fed acting appropriately brings comfort and investors could allocate funds anew. Additionally, some sober discussion surrounding AI development seemed to have put a bid back in many of those stocks. Add it all together and we have a nice mix for year end gains. I have kept my portfolio constant for a few weeks, satisfied with the diversity and composition, and look forward to the upcoming month to identify if I have the post-earnings winners needed to propel returns through December. My usual 52-wk high small cap list will probably start blossoming again, and I enjoy finding new names and ideas of companies just starting their growth journey.
Holdings: BFLY AMBQ RKLB WGS PONY AEVA ENPH NN NNOX(small), cash 0%
Stocktrader
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