US stock market is giving a " new reality check to traders "
It NOT easy to trade anymore...
From seasoned technical traders to average traders, It has been a " rough ride "
US market has completely changed, nothing follows technical or fundamental patterns, its SPURTS & FADES
Only way I have managed, I stayed with few stocks which has done well.
SO
Figure out what is working most of the time.....
Here is how my las week ended :
Last week Down 5%
YTD UP 89.21%
Here is my portfolio weighting on 194% exposure :
AMDL 28.47%
GDXJ 27.38%
SLVR 19.97%
GGLL 11.46%
MU.TO 8.30%
ARMA 4.42%
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Last week: -7.84% (YTD: -9.00%)
Portfolio Leaders: none
Portfolio Laggards: all (AMBQ especially)
It was another very tough week for the portfolio as future growth stocks continue to just get sold every day. Given the 10-yr seems to have topped out for now, I expected a relief rally of sorts, but even that hasn't materialized for the small names in the market. At this point, I'm almost sad that these names have just been left for dead, but until their actual growth stories crack individually, I plan to stay the course and wait for the sunnier days. We will hear earnings reports soon, but many of these companies are not really into their growth inflection points yet, so it may not have much of an impact, and I worry that the end-of-year effects keep them held down for the next months. I'm still thinking about new names and will swap a current name for a new one if the opportunity is right.
Holdings: BFLY RDVT AVT AMBQ RKLB IONQ AEVA NNOX (very small), cash 0%
Stocktrader
Hi Stocktrader,
Thank you for your input of the markets. Good luck with the next ideas.
Simon
Hi Saleem,
Sold AVT @ 90.37 on faltering momentum and sympathy with memory
Looking for a fresh idea now.
Stocktrader
Bought MTLS @ 8.14 avg
Added to AMBQ @ 51.08
Added to AEVA @ 10.70
I still think 3D printing could be a huge beneficiary of the AI revolution as replacement parts and the like could be detected as necessary and printed and sent automatically to home/businesses. MTLS has the best looking chart of the group so I try a position here.
Post a Comment