Bought SLVU.NE @ $32.09 in Toronto....
BLOG does NOT give buy or sell.
Saleem
Bought SLVU.NE @ $32.09 in Toronto....
BLOG does NOT give buy or sell.
Saleem
Added 20% UBER.NE @ $43.08 in Toronto....
BLOG does NOT give buy or sell.
Saleem
US stock market is under daily stress of " major uncertainty "
World order is being disrupted which traders cannot relate to...
Attempt to change " world order " is extremely deliberate...
US stock market & world market @ large is having serious difficulty in " understanding or adjusting to this rare disorder "
US traders & individual investors were NEVER ready to " so called BREAKING NEWS which gets broken in few hours "
Everyday new " accusation of how BAD others ARE "
YES.... all this has become a " BAD DREAM DAILY "
YES...this IS our morning analysis....and we are suppose to make " trading or investment decision " in this DISORGANIZED CHAOS "
CANADA, MEXICO, CHINA, EU will face the brunt of " whatever 2.0 will become "
SO....what to do....
NOT MUCH....
ITS TOTALLY IRRATIONAL....
And it will NOT END anytime soon....
SO....
Get your dartboard out...
AND....
Hope for the best outcome.....
Here is how my last week ended.....
Last week Down 7.43%
YTD UP .88%
Here is my portfolio weighting :
GOOG 18.30%
SHOP 16.25%
AAPL 10.92%
TSLA 10.44%
SMCI 8.74%
AVGO 8.42%
NVDA 8.21%
UBER 7.58%
MSFT 7.19%
MU 3.95%
BLOG does NOT give buy or sell.
Saleem
Added 100% UBER.NE @ $45.58 in Toronto....
Sold RIOT @ $8.03.....
BLOG does NOT give buy or sell.
Saleem
US stock market finally gave in to repeat escalation of tariff with China & Tuesday's enforcement with Canada & Mexico....
As a Canadian I can safely say this has " damaged relationship with a good neighbor "
World has changed, It IS NEVER WISE to OVERPLAY an old formula....This tactics MAY have worked in the past....BUT NOW many are fed UP with unilateral misquoting of FACTS.....
BUT everyone learns the hard way with lot of damage done in the process...so much for tariff.....
Majority of stocks are on sale.....black Friday sale.....
IF there is room in your portfolio, pick up everything on sale....prices are way down...even below 200 DMA an ideal time to buy.....
YES there is lot of uncertainty BUT life goes ON even on Wall Street....
BUY whatever you know well and looks good.....
Here is my last week :
Last week Down 8.02%
YTD UP 8.31%
Here is my portfolio weighting :
SHOP 17.62%
GOOG 17.25%
TSLA 11.17%
AAPL 10.61%
SMCI 9.04%
NVDA 8.75%
AVGO 8.30%
MSFT 6.97%
MU 3.88%
UBER 3.64%
RIOT 2.83%
BLOG does NOT give buy or sell
On my health front, heart seems to be working fine, next echo & ecg and its results to be discussed on July 11th, by my Cardiologist, in the meantime medication continues and working on gaining weight...Thanks for all your prayers & best wishes.....
Saleem
Bought UBER.NE in Toronto @ $45.14....
Sold BTCC.TO @ $16.06 in Toronto
BLOG does NOT give buy or sell.
Saleem
US market is in a tizzy, every one-off news is taken as a " major trend "
Technicians have missed many buying opportunities " so now they are short big time "
When any group of traders are " unanimous " in their conclusions.....then no market " accommodates them "
SO....buy first thing after open and hopefully by end of Monday you could be happy with your decision to buy buy buy....
Serious money IS being made by doing gutsy purchasing on bad days....
US market will remain zig zag till October...so get used to playing " zig & zag "
About US market it IS totally different " this year more volatility "
Still we are near all time highs......
Here are my results for last week after so many zig / zag...
Last week down 2.67%
YTD UP 16.33%
Here is my portfolio weighting :
GOOG 16.78%
TSLA 11.97%
SHOP 11.03%
SMCI 10.30%
AAPL 10.00
NVDA 8.74%
AVGO 8.44%
MSFT 6.67%
BRK 6.03%
MU 3.79%
BTCC 3.43%
RIOT 2.82%
BLOG does NOT give buy or sell.
Saleem