Monday, November 18, 2024

Still in hospital….

 Went to hospital @ 730 AM on Sunday 

New diagnosis “ Atrial Fibrillation “ popularly known as AFIB.

Also was suffering from Edema where my feet was swollen.

After many X-rays and many blood tests, it was revealed that I have fluid in my lungs also.

Was given 3 sets of IV of Metoprolol… result my heart rate remained stuck in 145 BPM

Was given blood thinner also

Monday Chemical version was given which brought my heart rate to 115…

Cardiologist hopefully will do an Echo on Tuesday which should give him satisfaction that there is no heart ailment beyond AFIB

Edema is being treated with draining fluid which is showing good results.

That is my updated summary of my health challenges, please keep me in your prayers.

Hopefully I am looking @ Wednesday to get home!

Saleem 





Saturday, November 16, 2024

US stock market, too much fear...

 US stock market is going through severe " digestive phase " which IS being played to the hilt with " extreme negativity "

After a huge gains in many sectors, It was natural to have " usual normal pullback "

BUT negativity is so extreme that one may be forced to sell healthy stocks....

Many stocks are behaving and above major support.....

YES....Investors & traders need to see that strong stocks are a great place to be going forward....

YES....some " highly touted story stock " is looking very shaky and may pull back to its support or slightly below ....

On the other hand, most maligned stock " may have started its recovery "

In other words, do NOT go with popularity, when they may be looking " wobbly "

Always do your " own research " and make your own decision.....

Stock market is a " tough place to make money in the best of times "

YES there are favorite stocks which gets hourly sponsorship in research & push on CNBC...but it only goes so far.....

Conviction & patience is the key to making money....

Good luck with your own research & comfort level...

My health is stuck @ 80% level and getting more complication, have to visit hospital first thing in the morning. May have to spend whole day for tests / results / diagnosis / treatment / medicine.

Last week UP 13.31%

YTD UP 45.65%

BLOG does NOT give buy or sell.

Saleem


Friday, November 15, 2024

Indices closed down .70% to 2.24%.....

 Indices closed near low of the day.

S&P 500 @ 5870.62, low 5853.01, high 5915.32

Internals :

Down volume led by 1.41 to 1 in NYSE & 1.37 to 1 in Nasdaq

Declining stocks led by 1.89 to 1 in NYSE & 2.29 to 1 in Nasdaq

Net new highs were leading by 9 in NYSE & lows by 255 in Nasdaq

VIX UP 12.79% @ 16.14

Oil @ $67.02

Gold @ $2567.20

Canadian $ @ .5919

Here is my portfolio weighting :

SHOP       43.00%

GDXJ       14.30%

CMG        13.00%

TSLA          9.88%

AAPL         9.28%

SMCI         5.42%

MSFT        5.12%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Thursday, November 14, 2024

Indices closed down .47% to 1.37%.....

 Indices closed near low of the day.

S&P 500 @ 5949.17, low 594228, high 5993.88

Internals :

Down volume led by 1.61 to 1 in NYSE & 1.12 to 1 in Nasdaq

Declining stocks led by 1.80 to 1 in NYSE & 1.99 to 1 in Nasdaq

Net new highs were leading by 87 in NYSE & lows by 7 in Nasdaq

VIX UP 2.07% @ 14.31

Oil @ $68.70

Gold @ $2572.90

Canadian $ @ 59.71

Portfolio AAPL MSFT SHOP SMCI TSLA CMG GDXJ

Internals were mostly negative .....

BLOG does NOT give buy or sell.

Saleem

Wednesday, November 13, 2024

Indices closed mixed....

 Indices closed mixed in an " overbought " market.

S&P 500 @ 5985.38, high 6008.19, low 5965.91

Internals :

Down volume led by 1.16 to 1 in NYSE & .84 to 1 in Nasdaq

Declining stocks led by 1.41 to 1 in NYSE & 1.54 to 1 in Nasdaq

Net new highs were leading by 258 in NYSE & 414 in Nasdaq

VIX Down 4.69% @ 14.02

Oil @ $68.43

Gold @ $2581.40

Canadian $ @ .6010

Portfolio AAPL MSFT SHOP CMG GDXJ SMCI TSLA

Inflation & yield is in focus now....

BLOG does NOT give buy or sell

Saleem

Tuesday, November 12, 2024

Indices closed down .09% to 1.77%....

 Indices closed down on profit taking.

S&P 500 @ 5983.99, low 5960.08, high 6009.92

Internals :

Down volume led by 3.13 to 1 in NYSE & 1.52 to 1 in Nasdaq

Declining stocks led by 3.48 to 1 in NYSE & 3.13 to 1 in Nasdaq

Net new highs were leading by 2852 in NYSE & 7037 in Nasdaq

VIX Down 1.74% @ 14.71

Oil @ $68.12

Gold @ $2604.90

Canadian $ @ .6039

In my portfolio :

Added 100% GDXJ @ $46.35

Bought TSLA.NE @ $30.95

Portfolio AAPL MSFT SHOP SMCI TSLA CMG GDXJ

SHOP had great earnings & strong guidance, stock was rewarded with 21% gains & new 52 week high

Market is tough & easy @ the same time depends on your portfolio.....

BLOG does NOT give buy or sell.

Saleem

Monday, November 11, 2024

Indices closed UP .06% to 1.47%...NICE!!!!

 Indices closed UP again in new all time high.

S&P 500 @ 6001.35, high 6017.31, low 5986.69

Internals :

UP volume led by 1.63 to 1 in NYSE & 2.05 to 1 in Nasdaq

Advancing stocks led by 1.29 to 1 in NYSE & 1.28 to 1 in Nasdaq

Net new highs were leading by 724 in NYSE & 1762 in Nasdaq

VIX UP .20% @ 14.97

Oil @ $68.04

Gold @ $2620.20

Canadian $ @ .6074

In my portfolio :

Bought RIOT @ $14.21 in premarket & Sold @ $15.60

Sold BTC @ $7.50

Sold BTCC.TO @ $15.77

Bought SHOP.TO near close @ $125.30

Portfolio AAPL MSFT SHOP SMCI CMG GDXJ...

Bitcoin stole the show with all time high close....

BLOG does NOT give buy or sell.

Saleem