Added 10% GGLL @ $105.16....
BLOG does NOT give buy or sell.
Saleem
US stock market is in very tough technical condition, where most support has broken down, famous 21 day support is broken, 50 DMA is gone for most critical stocks....
Furious rotation from technology stocks is underway
Even Cathie Woods cannot decide which technology stocks to sell or buy, its a coin toss every hour.
I am sticking to max 5 stocks and mostly day trading until technical repair is done.
As a general rule only " strongest stocks on technical level will make you money "
Rest of the weak ones do not have support until 200 DMA....
Here is how my week ended :
Sold GGLL in after hours @ $94.86
Last week UP 1.91%
YTD UP 63.16%
Here is my weighting based on 36% exposure on house money :
TSLL 61.86%
BIDU 38.14%
BLOG does NOT give buy or sell.
Saleem
Before the carnage took hold, I sold AAPL @ $272.14......
What a day, which I have been warning for months.....
Yesterday, I had very strong negative conclusion based on many ongoing technical issues, thus my first foray into " bear NVDA ETF single X "
This REVERSAL is very serious & ALWAYS requires " less exposure only in strong stocks "
Also I doubled again BIDU my cost is $113.95
I also bought GGLL @ $92.80......
Here is the weighting and 35% exposure with house money :
TSLL 45.60%
BIDU 27.37%
GGLL 27.03%
BLOG does NOT give buy or sell,
Added 50% AAPL @ $269.70 in after hours
Sold NVDD @ $36.63 in after hours
Portfolio AAPL TSLL
Following are my weighting on 40% exposure on house money :
AAPL 58.23%
TSLL 41.77%
BLOG does NOT give buy or sell.
Saleem
US stock market has entered a very difficult year end setup....
AI chips which created so much demand and excitement is creating " most uncertainty "
China has its own AI chips thus does NOT need or want NVDA " latest & greatest "
Lack of Chinese Sales which is the worlds biggest market for AI leaves a huge " shortfall going forward Which MAY trigger selling in " key stocks "
Try to diversify away from yesterday's dream stocks.....
Please do your OWN homework going forward as time is against you as old mindset will not create gains....
Here is how my week ended after all the trades which I did in AH Friday.....
Sold GGLL @ $82.77 AH
Sold BBAI @ $6.05
Last week Down 8.17%
YTD UP 61.25%
Here is my weighting on 36% exposure on house money :
TSLL 46.11%
RIOT 27.72%
AAPL 21.65%
AMD 4.52%
BLOG does NOT give buy or sell.
Sold AMD.NE @ $47.59 in Toronto....
Portfolio RIOT TSLL
BLOG does NOT give buy or sell.
Saleem
US stock market has entered an extremely volatile trading pattern....
There is a very serious debate on extremely high debts being piled up to get exposure in AI deep cost...
Chips are very expensive .....
China has just about shut down their huge market for US AI chips.....so much for " security clause "
Market is reacting to changing environment as " rotating correction continues "
Smaller exposure is recommended until market finds its footing....
Here is how my last week ended :
Last week Down 3.62%
YTD UP 69.40%
Here is my portfolio weighting on 51% exposure with House money.....
AMD 43.30%
RIOT 23.96%
TSLL 21.26%
GGLL 11.48%
BLOG does NOT give buy or sell.
Saleem